
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.
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