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- Tasks: Join our Finance team as a Finance Inventory Analyst, optimising inventory processes and data management.
- Company: Be part of the Mercedes-AMG Petronas Formula One Team, renowned for innovation and excellence in motorsport.
- Benefits: Enjoy a competitive package, on-site gym, subsidised meals, and a family-friendly culture.
- Why this job: Contribute to high-performance projects in a dynamic environment while enhancing your finance skills.
- Qualifications: Part-qualified accountant with strong data analysis skills and experience in inventory accounting.
- Other info: Work on-site 4 days a week at our eco-friendly riverside campus.
The predicted salary is between 36000 - 60000 £ per year.
Finance Inventory Analyst
Brackley, UK
At the Mercedes-AMG Petronas Formula One Team, a group of passionate and determined people work to design, develop, manufacture and race the cars with the aim of fighting for world championships each and every year.
Whether working in our Operations, Technical, Race or Business Support functions, we are all in and aspire to build the greatest team in the history of our sport.
Every individual plays their part. No stone is left unturned in the chase for every tenth of a second. The history of our sport is long and rich, and we are continuing our journey with renewed effort year on year. Record books remember the names of a few, but history is written by the many.
About the Role:
We are seeking a driven and detail-oriented Finance Inventory Analyst to join our Finance team. This role plays a pivotal part in transforming how we manage and report on inventory, ensuring data integrity, process efficiency, and operational excellence.
Reporting to the Inventory Accountant, you will support the end-to-end transformation of inventory-related finance processes, leveraging your accounting knowledge and strong data capabilities to improve accuracy, visibility, and decision-making. You’ll work closely with the finance business partnering teams, IT and transformation teams to support our relentless pursuit of continuous improvement.
Key Responsibilities:
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Support and enhance inventory accounting and reconciliation processes to meet the regulatory and reporting requirements
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Help map and optimise end-to-end inventory workflows.
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Analyse large and complex datasets to identify variances, inefficiencies, and transformation opportunities.
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Help develop and maintain real-time dashboards and performance reports to improve visibility and forecasting of stock and material flow, providing reporting to the Finance Business Partnering team
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Assist in automating manual finance processes related to inventory tracking, valuation, and reporting.
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Contribute to the integration of finance systems with engineering, manufacturing, and supply chain tools, ensuring accurate and timely data across the business.
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Support monthly close processes through data validation, journal support, and reporting.
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Collaborate on continuous improvement projects to streamline the interaction between Finance and operational departments.
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Act as a key contact for data queries and reporting relating to inventory, material movement, and finance systems.
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Support in statutory and FIA audit queries as required
What you\’ll bring:
Essential
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Part-qualified or qualified accountant (e.g. ACCA, CIMA, ACA) or equivalent accounting experience.
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Understanding of inventory accounting
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Highly data-literate with strong Excel skills and experience with data analysis/visualisation tools e.g. Power BI
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Comfortable working with large data volumes from complex systems and translating them into actionable insights.
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Experience using or integrating ERP systems (preferably SAP or similar) in a fast-paced or production-focused environment.
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Track record of supporting finance transformation or process improvement initiatives.
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High attention to detail with a continuous improvement mindset.
Desirable
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Experience in a manufacturing, engineering, or motorsport environment.
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Familiarity with process automation (e.g. Alteryx, RPA) or advanced data tools.
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Appreciation for the unique time pressures and quality expectations of a high-performance motorsport team.
What We Offer:
Our riverside campus is powered by 100% renewably sourced energy and includes an on-site gym, exercise studio, subsidised restaurant, and on-site parking with EV chargers. Please note, this role requires you to be onsite 4 days a week.
We also offer a competitive benefits package including a generous bonus scheme, Mercedes car lease scheme, private medical cover, life assurance, and 25 days’ holiday. We pride ourselves on our family-friendly culture and team-wide focus on well-being.
Why Join Us:
At the core of our performance is our people. Every member of our team plays a part in our success, both on and off the track. We foster a high-performance, innovative culture where collaboration, respect and excellence are expected and celebrated.
Through our Accelerate 25 programme, we’re committed to building a more diverse and inclusive team – because we believe the best teams are those that reflect the world around them.
Your Application:
We will ask you to complete a questionnaire as well as submitting a cover letter and CV. Please upload your cover letter and CV as one single PDF file.
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Finance Inventory Analyst employer: Mercedes AMG Petronas F1 Team
Contact Detail:
Mercedes AMG Petronas F1 Team Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Inventory Analyst
✨Tip Number 1
Familiarise yourself with the specific inventory accounting practices used in the motorsport industry. Understanding how inventory management differs in a high-pressure environment like Formula One can give you an edge during interviews.
✨Tip Number 2
Network with professionals in the finance and motorsport sectors. Attend industry events or join relevant online forums to connect with people who can provide insights or even refer you to opportunities at Mercedes-AMG Petronas.
✨Tip Number 3
Showcase your data analysis skills by preparing a portfolio of projects where you've successfully improved processes or provided actionable insights. This will demonstrate your capability to handle large datasets effectively.
✨Tip Number 4
Research the latest trends in finance transformation and process automation tools. Being knowledgeable about tools like Alteryx or RPA can set you apart as a candidate who is ready to contribute to continuous improvement initiatives.
We think you need these skills to ace Finance Inventory Analyst
Some tips for your application 🫡
Understand the Role: Before you start writing, make sure you fully understand the responsibilities and requirements of the Finance Inventory Analyst position. Tailor your application to highlight how your skills and experiences align with the job description.
Craft a Compelling Cover Letter: Your cover letter should not only introduce yourself but also explain why you're passionate about this role at the Mercedes-AMG Petronas Formula One Team. Use specific examples from your past experiences that demonstrate your accounting knowledge and data analysis skills.
Highlight Relevant Skills: In your CV, emphasise your qualifications, particularly any accounting certifications (like ACCA, CIMA, or ACA) and your experience with inventory accounting. Mention your proficiency in Excel and any data visualisation tools you've used, such as Power BI.
Format Your Documents Correctly: Ensure that both your cover letter and CV are formatted as a single PDF file before uploading. Keep the layout clean and professional, using clear headings and bullet points to make it easy for the hiring team to read.
How to prepare for a job interview at Mercedes AMG Petronas F1 Team
✨Showcase Your Accounting Knowledge
As a Finance Inventory Analyst, it's crucial to demonstrate your understanding of inventory accounting. Be prepared to discuss your qualifications, such as ACCA or CIMA, and how your experience aligns with the role's requirements.
✨Highlight Data Analysis Skills
Since the role involves analysing large datasets, make sure to provide examples of your data analysis experience. Discuss any tools you've used, like Excel or Power BI, and how you've translated complex data into actionable insights.
✨Emphasise Continuous Improvement Mindset
The team values a continuous improvement mindset. Share specific instances where you've contributed to process improvements or finance transformations in previous roles, especially in fast-paced environments.
✨Prepare for Technical Questions
Expect technical questions related to ERP systems, particularly SAP. Brush up on your knowledge of these systems and be ready to discuss how you've integrated or used them in past positions.
