At a Glance
- Tasks: Join our Finance team as a Business Partner, focusing on operational and capital expenditure.
- Company: Be part of Red Bull Technology, a leader in innovation and performance in the motorsport industry.
- Benefits: Enjoy perks like a bonus scheme, private healthcare, gym access, and daily food allowance.
- Why this job: Make an impact with data-driven insights while working in a dynamic, high-performance environment.
- Qualifications: CIMA/ACCA qualified with strong finance experience; engineering/manufacturing background is a plus.
- Other info: Opportunity to support the development of an Industrial Placement Student.
The predicted salary is between 43200 - 72000 Β£ per year.
We have your next opportunity to join our incredible Finance department as a Finance Business Partner! Our ideal candidate will be an experienced, high performing individual to partner with our Production and Supply Chain departments, focusing on controlling operational and capital expenditure whilst providing management information for resource optimisation. Formula 1 teams have been under a Cost Cap for several years now, so itβs become crucial that we maximise efficiency. The primary focus of this role will be providing data-driven insights in a transparent and timely manner to relevant stakeholders across the team, ensuring well-informed decisions can be made.
Core Responsibilities:
- End-to-end ownership of the financial planning and month-end process for the Chassis Production and Supply Chain department with a focus on payroll, time apportionment, and capital expenditure reporting.
- Ensuring the timely distribution of financial information through reports and regular meetings.
- Perform accurate forecasting based on current information.
- Compliance with FIA Regulations, complying with group guidelines and supporting in any statutory and FIA audits.
- Be the central point of contact in Finance to support and Business Partner Senior Stakeholders on any cost optimisation projects or any ad-hoc work required.
- Identify and implement new business process solutions. This will entail taking the lead on designing, testing, training, and rolling out to all relevant stakeholders.
- Support in the development of an Industrial Placement Student.
Essential Competencies:
- CIMA/ACCA Qualified.
- Experience in business partnering in an Engineering/Manufacturing environment would be advantageous.
- Strong Finance experience, preferably in a Financial Planning and business partnering capacity.
- Experience in leading cross-functional projects, alongside strong analytical skills and the ability to manipulate large data sets.
- SAP, ERP & BI experience is preferable, but not essential.
Now from us - what you can expect to receive in return:
Weβre incredibly proud of all the talented people who work at Red Bull Technology, and we reward this talent and hard work with many benefits on top of a highly competitive salary. Benefits include a bonus scheme, private healthcare, life assurance scheme, workplace nursery scheme, company-contributed pension, on-site gym, padel court and fitness classes, daily food allowance, and much more.
Contact Detail:
Red Bull Racing & Red Bull Technology Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Finance Business Partner (Production & Supply Chain)
β¨Tip Number 1
Familiarise yourself with the specific financial regulations and compliance standards relevant to the Formula 1 industry. Understanding FIA regulations will not only help you in interviews but also demonstrate your commitment to the role.
β¨Tip Number 2
Network with professionals in the finance and engineering sectors, particularly those who have experience in business partnering within manufacturing environments. This can provide you with valuable insights and potentially lead to referrals.
β¨Tip Number 3
Brush up on your analytical skills and become proficient in manipulating large data sets. Consider taking online courses or certifications that focus on data analysis tools commonly used in finance, as this will be a key aspect of the role.
β¨Tip Number 4
Prepare to discuss your experience in leading cross-functional projects during interviews. Be ready to share specific examples of how you've successfully collaborated with different departments to achieve financial goals.
We think you need these skills to ace Finance Business Partner (Production & Supply Chain)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in business partnering within production and supply chain environments. Emphasise your qualifications, such as CIMA or ACCA, and any specific projects that demonstrate your analytical skills and ability to manage large data sets.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience in financial planning and cost optimisation projects.
Showcase Relevant Skills: Highlight your strong analytical skills and experience with SAP, ERP, or BI systems, even if they are not essential. Provide examples of how you have successfully led cross-functional projects and implemented new business process solutions.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in a finance role.
How to prepare for a job interview at Red Bull Racing & Red Bull Technology
β¨Understand the Role
Make sure you thoroughly understand the responsibilities of a Finance Business Partner, especially in relation to Production and Supply Chain. Familiarise yourself with financial planning, capital expenditure reporting, and how these elements contribute to operational efficiency.
β¨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and forecasting. Be ready to provide examples of how you've manipulated large data sets to drive insights and support decision-making in previous roles.
β¨Familiarise Yourself with Industry Regulations
Since compliance with FIA regulations is crucial for this role, brush up on relevant regulations and be prepared to discuss how you have ensured compliance in past positions. This will demonstrate your understanding of the industry's unique challenges.
β¨Prepare for Cross-Functional Collaboration
As this role involves partnering with senior stakeholders, think of examples where you've successfully led cross-functional projects. Highlight your communication skills and ability to work collaboratively to achieve common goals.