Associate, Finance Business Partnering
Hybrid- Woking, England, United Kingdom
Finance & Procurement
Job description
At McLaren, our mission is to set the standard for high performance in sport. Everyone, in every part of the team, has a role to play. So if you want to test your ideas with the world watching... And measure your progress in milliseconds... And play your part in racing history... You belong here. High performance starts with you.
Purpose of the Role:
To support the performance of the team with detailed analysis of the teams that are essential to the business operations, and the provision of strong information to support decision making in our team.
Role Dimensions:
The Finance Partner is responsible for building strong relationships with the business to develop, report and ensure adherence to financial plans. This role requires flexibility, working in a fast-paced multi-tasking environment and comfortable dealing with high volume of workload, and aware of the business’ EBIT and cost cap priorities.
The role will report into an experienced Business Partner and receive direction and support from them, while being part of a highly collaborative and empowered finance team.
This role will suit an individual beginning their career in finance business partnering and looking to enhance their skill set and future potential in a strong team.
Principal Accountabilities:
Business Partnering
- Performing reviews of nominal ledger data across the People Team, Sustainability and Facility departments.
- Reviewing and analysing charges from our other entities and working collaboratively to access opportunities for future optimisation, ensuring those stakeholders feel important to achieving our objectives.
- Drafting variance analysis of actuals vs budget and expectations.
- Ensuring high quality data is available to work with and accounts have accurate information in them.
- Keeping forecasts updated and current.
- Working closely with the finance transactional teams to apply the correct accounting treatment to transactions.
- Reviewing projects for completeness of cost, and performing reviews of purchase orders to ensure accurate coding is applied.
- Posting of monthly journals.
- Preparation of analysis for review and presentation with the team.
Strategic Thinking
- Ability to build trusted internal and external relationships with multiple stakeholders, delivering towards their objectives.
- Ability to provide insight that guides colleagues in recommendations and decision making in the short term that ensure long term success of projects.
- Recognise change in the organisation and adapt approach to ensure success.
- Collaboratively challenge agreements and current approaches to maximise value to the business.
Process
- Maintaining forecasting and budgeting templates to ensure consistent expectations.
- Developing internal Power BI reporting.
- Developing robust budgetary controls.
- Formalising process in an efficient and effective manner.
Career Development
- This role would ideally suit someone with an accountancy qualification and confident delivering insight to senior stakeholders.
- The role will require an individual willing to be involved in reviewing and analysing a manageable amount of data, pivoting this into useful information and carrying this through to insightful information.
- The role will benefit from the advice and support of a team of peers but will be an individual who works with stakeholders to provide insightful analysis.This will provide someone with a platform to grow their partnering skills, whilst becoming an expert in interpretation of data.
- Ability to work well under pressure and demonstrate emotional resilience and intelligence in the face of competing demands
- An organised individual that considers themselves to have good planning ability and confidence in the identification of risk and opportunity.
- 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.
Job requirements
Knowledge, Skills and Experience:
- ACA / ACCA / CIMA part-qualified/or looking to begin qualifications.
- 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
- Proficient in the detail and application of regulations
What can McLaren offer?
We constantly strive to be better tomorrow than we are today. Our ambition is to be the most pioneering and exhilarating racing team in the world, and our collective task is to set the standards for high performance in sport. We show up every day with energy and enthusiasm, ready to play our part.
We encourage and support diversity, equity and inclusion. We will actively promote a culture that values difference and eliminates discrimination in our workplace.
McLaren Racing is based at the iconic McLaren Technology Centre (MTC) near Woking.
Our state of the art, sustainable campus offers many facilities including a gym, restaurant and indoor and outdoor break-out areas, as well as direct access to park and common land. The MTC is connected to Woking mainline station via regular shuttle buses, from which London Waterloo is a 30 minute train ride.
We offer a comprehensive package of benefits including private healthcare, car schemes, life insurance and generous pension contributions.
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