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Cost Analyst

Woking, England, United KingdomFinance & Procurement

Job description

Purpose of the Role:

We have a fantastic opportunity for an Analyst to join the McLaren Racing F1 Finance Partnering Team. The successful candidate will possess an innovative ‘can-do’ attitude, with a high level of attention to detail, enabling the preparation of high quality, data driven insight, analysis and commentary to support the Finance Team and the wider Operations Function.

Role Dimensions:

This role will be working in a fast-paced multi-tasking environment, and you will be comfortable dealing with high volume of workload and will require flexibility in working hours. You will work closely with Director / Head of level colleagues and all those with budget ownership responsibilities.

Principal Accountabilities:

  • Prepare weekly, monthly, and annual summaries related to inventory accuracy.
  • Troubleshoot and resolve inventory data issues that arise, working in collaboration with the project management team.
  • Compile, analyse, and evaluate data to inform financial projections and support Cost Cap compliance.
  • Identify root causes and disconnects to help management develop resolutions to inventory inaccuracies, work order release issues and material flow issues.
  • Develop strong partnerships between Operations, finance and other business functions.
  • Recommend and support implementation of process changes and system enhancements based on findings.
  • Communicate your findings effectively and follow through with actions to help drive improvements.
  • Developing internal Power BI reporting

Job requirements

Knowledge, Skills and Experience:

  • Bachelor's or Master’s in business, business administration, accounting or equivalent experience.
  • Part-qualified (ACCA/ACA) desirable
  • Experience in Manufacturing industry
  • Excellent Excel & IT skills, Power BI desirable
  • Good analytical skills and attention to detail
  • Ability to prioritise and organise to work effectively to deadlines
  • Excellent interpersonal and communication skills
  • Eager to learn and enthusiastic

Personal Attributes:

  • Ability to work well under pressure and demonstrate emotional resilience and intelligence in the face of competing demands
  • Creative problem solver able to use technical skills and relationships to implement solutions
  • The drive, determination and commitment to get things done and get results
  • Displays a professional curiosity to seek opportunities for continual improvement
  • Recognising key relationships and making conscious effort to build rapport irrespective of status

What McLaren can offer?

We strive to provide a fun, innovative, collaborative and open culture where everyone’s input is welcome, and everyone feels part of our achievements. We work hard to create a culture of continuous improvement and support this with a proactive approach to management and personal development.

McLaren Racing is based at the iconic McLaren Technology Centre on the edge of Woking. Our large campus includes a gym, swimming pool, restaurant and indoor and outdoor break-out areas, as well as direct access to park land. MTC is connected to Woking mainline station via regular shuttle buses, from which London Waterloo is a 32min train ride.

We encourage hybrid working patterns to give you options to balance your home life and hobbies with your work, and offer a comprehensive package of benefits including private healthcare, car schemes, life insurance and generous pension contributions.