Finance Resource Planning & Reporting Analyst - 12 Month FTC

Overview

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

This role requires the ability to work in a fast-paced, multi-tasking environment, while being comfortable managing periods of high workload volume. The successful candidate will possess a positive attitude, high level of attention to detail and the ability to synthesize large amounts of data into high quality, data driven reporting and analysis. This will support the broader Finance Business Partnering team with a particular focus on personnel budgets within the F1 business.

This role sits within our F1 Business Partnering Unit, working closely with the Finance leadership team and their respective departments to provide meaningful, reliable and influential financial reporting to support strategic business decisions in our Pursuit of Better. We have adopted hybrid working across the team; however, flexibility to work hours will be required to meet the operational demands of the teams that you support.

Principal Accountabilities

• Review existing tool set, process and reporting standards within the context of labour costs, including the split between salary, taxable and non-taxable benefits, bonus allowances, national insurance, pension and any one-off personnel related costs (VISA support / relocation etc).

• Develop a data flow and system-based process flow that outlines the current and optimal methodology for capturing all personnel related costs – developing our link across HR and Finance systems, with clear routes for data refreshing and integration with role-based planning.

• Verify labour forecast models are optimised and working correctly.

• Develop control mechanisms to look for error states and remove manual intervention where logic can be automated.

• Develop variance reporting on forecasts over time (change logs month to month / months to specific points in time).

• Support the creation of consolidated reconciliations between Actuals and Forecast values, creating a link being payroll and the forecast assumptions.

• Support with the creation and facilitation of labour-based adjustment policies.

• Preparation of monthly finance packs for various key stakeholders (Director / Head of Level).

• Providing analysis support to the broader Business Partnering Team.

To join our race for performance, you’ll need

• Excellent Microsoft Excel skills. Power BI and / or Workday Adaptive Planning desirable.

• Strong analytical skills and attention to detail.

• Good organisational skills and the ability to prioritise tasks to work effectively to deadlines.

• Enthusiastic, open minded and eager to learn.

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. Here at McLaren, we offer hybrid working with 3 days a week based in the MTC.

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.