At a Glance
- Tasks: Support the finance team in budgeting and financial analysis for Formula 1.
- Company: Join the iconic Formula 1 team and be part of the world's greatest sports spectacle.
- Benefits: Enjoy private healthcare, dental care, free snacks, and generous annual leave.
- Other info: Great opportunities for career progression within the finance team.
- Why this job: Kickstart your career in finance while working in an exciting and dynamic environment.
- Qualifications: Degree-level education with strong numeracy and analytical skills required.
The predicted salary is between 25000 - 32000 £ per year.
Are you ready to make your mark in the world of Formula 1? At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle, and we are looking for a Trainee FP&A Analyst to join our Finance team. Reporting into our FP&A Manager, Commercial, this role will support the commercial finance team in delivering the annual financial planning and analysis cycle.
Main Duties and Responsibilities
- Preparation and population of departmental budget and forecast templates.
- Preparation of monthly department reports.
- Regular liaison with departments to ensure they are working within cost budgets.
- Supporting departments with ad‑hoc FP&A related queries.
- Completing all mandatory training within specified timelines.
- Operating safely in line with company health and safety requirements.
- Undertaking other duties as directed by the Department Manager or Team Manager from time to time.
Personal Qualities
- Ability to work with a high level of integrity and confidentiality.
Qualifications
- Educated to degree level (minimum 2:1 or equivalent).
- Final‑year students with a predicted 2:1 or above are encouraged to apply.
- A‑Level results (or equivalent) of ABB or above, with Mathematics desirable but not essential.
- GCSE Mathematics (or equivalent) at grade 6 (B) or above is essential.
Knowledge & Skills
- Excellent numeracy and analytical skills.
- Strong communication skills (written and verbal).
- High attention to detail.
- Ability to work both individually and as part of a team.
- Proficiency in the use of Microsoft Office, particularly Excel and Outlook.
Career Progression
Your next career move could include progressing into FP&A Analyst.
Benefits
- Private Healthcare scheme
- Dental Care
- 4 x Grand Prix Paddock passes per season
- Enhanced maternity/paternity leave and other family planning policies
- Free staff shuttle service running to and from surrounding train stations near Biggin Hill
- Free healthy snacks in our offices
- Subsidised canteen in Biggin Hill, serving breakfast and lunch
- 25 days annual leave and 8
Trainee FP&A Analyst, Commercial in London employer: Formula One Management Limited
At Formula 1, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters growth and innovation. As a Trainee FP&A Analyst, you will benefit from comprehensive training, access to private healthcare, and unique perks like Grand Prix Paddock passes, all while working in the vibrant setting of Biggin Hill. Our commitment to employee development and a supportive culture ensures that you can thrive both personally and professionally in the fast-paced world of motorsport finance.
Contact Details:
Formula One Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Trainee FP&A Analyst, Commercial in London
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We think you need these skills to ace Trainee FP&A Analyst, Commercial in London
Some tips for your application 🫡
Show your numbers!:In banking and financial services, we love a bit of quantification. Be sure to highlight any relevant coursework, grades, or projects that showcase your analytical skills. If you've tackled math-heavy subjects or have experience with financial modelling, let that shine on your CV!
Tailor your application to finance:Don't just copy and paste a generic cover letter; weave in your passion for finance and share any relevant experiences or internships, no matter how small. Writing about your motivations and learning potential in relation to the role will help us see you fit in at Formula One Management Limited.
Certifications can set you apart:If you've got any finance-related certifications (think CFA Level 1, ACCA, or even online courses), make sure to include them! They show initiative and a commitment to your career in banking, which we really appreciate.
Proofread with a fine-tooth comb:In finance, attention to detail is crucial! Spam your application with typos or poor formatting, and we may flag you as 'not detail-oriented'. So, let’s double-check everything. A clear structure in your CV and cover letter will also help your application stand out. Remember, apply through our website!
How to prepare for a job interview at Formula One Management Limited
✨Brush Up on Your Financial Knowledge
Make sure you’re comfortable with financial concepts and terminology. The interview may dive into areas like risk assessment or investment strategies, so revisiting some core principles and current trends in the banking sector will really help us stand out at Formula One Management Limited.
✨Prepare for Case Studies
Expect to encounter case studies or hypothetical financial scenarios where you’ll need to demonstrate your analytical skills. Practising with examples can help us articulate our thought process clearly and show how we approach problem-solving specific to the banking and financial services sector.
✨Highlight Your Learning Agility
As a trainee, they’re looking for potential over experience. We should emphasise our willingness to learn and adapt. Be ready to discuss how we’ve taken on challenges in the past, showcasing our growth mindset and eagerness to dive into the banking world with both feet.
✨Showcase Your Interest in the Industry
Let your passion for banking shine through! Discuss any relevant coursework, internships, or even personal finance projects you’ve explored. This not only demonstrates our knowledge but also our genuine enthusiasm for a career in banking at Formula One Management Limited.
