lululemon

who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

position

Director, China Accounting and Control

reports to

VP, Corporate Controller

location

Shanghai, China

core responsibilities

Reporting to the VP, Corporate Controller, the Director, China Accounting and Control is the leader of the accounting function for lululemon in China, including ownership of region’s financial reporting, operational in-market accounting processes, local compliance requirements and directs the in-market finance team. The China Controller is also the in-market representative for tax and treasury operations, working closely with the HQ leadership for those functions. The Director, China Accounting and Control’s objective is to enable the region’s high growth strategy, whilst ensuring the appropriate financial controls and systems are in place to deliver high quality controllership activities.

a day in the life: what you’ll do

• Responsible for designing and leading the China accounting, shared services, responsibilities and treasury operations as the region grows from $1bn to over $3bn in revenue
• Works closely with the global corporate and sales tax functions to ensure regional tax compliance requirements are managed successfully
• Responsible for in-market treasury operations, including banking set up and managing banking processes
• Represents the Controllership function in China as part of the CFO leadership group, ensuring the Controllership function enables a high growth regional business
• Responsible for ensuring lululemon meets its financial compliance requirements for the China region,
• Accountable for ensuring the monthly, quarterly and annual accuracy of our financial results for the China business unit, both local and US GAAP, working closely with the Vancouver head office center of excellence to ensure efficient and consistent processes
• Responsible for designing, leading and developing a high performing team of over 15 individuals across functions
• Responsible for ensuring lululemon’s global shared services provide best in class services to the China lululemon business, and support in-market needs
• Manages financial risks for the China business, ensuring global processes address specific China risks and compliance requirements are met
• Ensures our China business is a SOX compliant environment, working with the lululemon SSC, internal audit and technology groups
• Provides ad hoc accounting and other financial and non-financial duties as directed by the VP, Corporate Controller

qualifications

• At least 15 years experience in retail MNCs, responsible for in-market controllership activities
• Experience of a multibillion in-market Controllership function required
• Experience of operating in a SOX environment and a US listed Company strongly preferred
• Excellent people skills, including managing and developing a high-performing team
• Experience of working and developing global accounting systems, including Oracle EBS and EPM and Coupa

must haves

• Acknowledge the presence of choice in every moment and take personal responsibility for your life.
• Possess an entrepreneurial spirit and continuously innovate to achieve great results.
• Communicate with honesty and kindness and create the space for others to do the same.
• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
• Foster connection by putting people first and building trusting relationships.
• Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.

additional notes

Authorization to work in China is required for this role.

compensation and benefits package

lululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. As part of our total rewards offering, you will receive competitive base pay and permanent employees in this position may be eligible for our annual bonus program and equity offerings, subject to program eligibility requirements.

At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

Supplement health and dental benefits, and mental health plans

Paid time off

Savings plan matching - Employee Stock Purchase Plan

Generous employee discount

Fitness & yoga classes

Parenthood top-up

Extensive catalog of development course offerings

People networks, mentorship programs, and leadership series (to name a few)

workplace arrangement

Hybrid

In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week.

#LI-Onsite

 #LI-SF1