Cost Analyst

Contract Role Cost Analyst

Location: 4-5 days a week in the Silverstone office

IR35: Inside

Length of contract: 6 months

The Cadillac Formula 1 ® Team is what happens when history, purpose and daring talent come together. Backed by TWG Global and GM, our team is uniquely positioned to disrupt Formula 1 ®, bringing a fresh perspective and an unrelenting drive for success. We have the energy of a start-up, with the ideas and originality of a business that always wants to lead, never wants to follow. We’re building everything from the ground up, from a high-performance car to an inclusive, values-driven culture.

The Cost Analyst plays an important role within the Programme Office at The Cadillac Formula 1 ® Team, providing financial insight and data-driven analysis to support cost-effective delivery of car development activities. Reporting to the Head of Programmes, the output of the Cost Analyst’s role will contribute to informed decision-making, improved budgeting accuracy and greater cost predictability.

Key responsibilities:

• To create an offline, fully costed Bill of Materials for the 2026 Formula 1 ® car, to validate against our ERP system.
• Compare the BoM cost actuals of launch car spec assemblies against original budget assumptions, to highlight focus points for cost reduction initiatives.
• Compare cost variances between previous, current and future specification assemblies.
• Collate in-season Project Actual costs vs Project Estimated costs, to refine the accuracy of budget estimations for future upgrade projects.
• Weekly reporting of redundant inventory data, to support the Programme Office in maximising the cost efficiency of order strategies for in-season upgrade projects.

What do you need to bring to the team?

• Proficient in Excel, with the ability to efficiently process large datasets, build robust formulas and develop structured models that ensure accurate analysis and reporting.
• Demonstrates a strong cost-conscious mindset, continually seeking opportunities to maximise cost efficiency to yield greater performance opportunities for the car.
• Confident communicator and ability to build relationships, being able to liaise with various functions to challenge the integrity of the data.
• Highly organised and self-motivated, with exceptional attention to detail.
• Previous exposure to an ERP and PLM system is desirable, but not essential.

As an equal opportunities employer, we are committed to the equal treatment of all current and prospective employees and do not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy or maternity, race or ethnicity, religion or belief, gender identity or marriage and civil partnership. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply.

At The Cadillac Formula 1 ® Team, all Team Members are expected to actively support and uphold our policies and procedures, including those focused on Environmental responsibility, Sustainability initiatives, Inclusion and Health and Safety practices. Please note that additional security checks may be required as part of the recruitment process. This may include a background check covering a minimum of the past five years and a criminal record check.