At a Glance
- Tasks: Support the finance team with budgeting, reporting, and ad hoc queries.
- Company: Join a dynamic company in the exciting world of Formula 1.
- Benefits: Enjoy private healthcare, free snacks, and generous annual leave.
- Other info: Great opportunities for career progression and personal development.
- Why this job: Kickstart your finance career while studying for an accountancy qualification.
- Qualifications: Degree level education with strong numeracy and communication skills.
The predicted salary is between 25000 - 32000 £ per year.
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 deliver the annual financial planning and analyst 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.
We will support you through obtaining an accountancy qualification (e.g. CIMA), including tuition fees, materials, and time off to study.
Other
- To complete all mandatory training within specified timelines.
- To always operate safely in line with Company health and safety requirements.
- To undertake other duties within your capabilities as your Department Manager or Team Manager may assign to you from time to time.
What Are We Looking For?
Personal Qualities
- Able to work with a high level of integrity and confidentiality.
Essential 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 – Where Can You Go Next?
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.
- A free staff shuttle service running to and from surrounding trains stations near to Biggin Hill.
- Free healthy snacks in our offices.
- Subsidised canteen in Biggin Hill, serving breakfast and lunch.
- 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure.
- Opportunities to develop and request training for your role via our in-house Learning and Development team.
- Discount on F1 merchandise.
- Discount at F1’s experiences including F1 Arcade and F1 Drive.
- Perkbox benefit portal and more.
Trainee FP&A Analyst, Commercial employer: Formula One
Join our dynamic Finance team as a Trainee FP&A Analyst, where you'll not only gain invaluable experience but also receive full support in obtaining your accountancy qualification. Our vibrant work culture in Biggin Hill promotes personal growth and collaboration, complemented by excellent benefits such as private healthcare, enhanced family leave, and a subsidised canteen. With opportunities for career progression and a focus on employee development, we are committed to making your journey with us both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee FP&A Analyst, Commercial
✨Tip Number 1
Network like a pro! Reach out to current employees in the finance team or similar roles on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your financial knowledge and analytical skills. Be ready to discuss how you can support the FP&A Manager with budgeting and forecasting – show us you mean business!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After your interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the role. It keeps you fresh in our minds!
✨Tip Number 4
Check out our website for any additional resources or tips we might have for applicants. We’re here to help you succeed, so make the most of what we offer!
We think you need these skills to ace Trainee FP&A Analyst, Commercial
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Trainee FP&A Analyst role. Highlight your analytical skills, attention to detail, and any relevant coursework or projects that showcase your financial acumen.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our team. Be sure to mention your eagerness to learn and grow within the company.
Showcase Your Numeracy Skills:Since this role requires strong numeracy skills, consider including examples of how you've used these in your studies or previous roles. Whether it's through projects, coursework, or even hobbies, let us see your number-crunching prowess!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Formula One
✨Know Your Numbers
As a Trainee FP&A Analyst, you'll be dealing with budgets and forecasts, so brush up on your financial terminology and concepts. Familiarise yourself with basic financial statements and how they relate to departmental budgets. This will show your interviewers that you’re ready to dive into the role.
✨Excel Skills are Key
Since proficiency in Excel is essential for this position, make sure you can confidently navigate spreadsheets. Practice using formulas, pivot tables, and data analysis tools. You might even want to prepare a few examples of how you've used Excel in past projects to discuss during the interview.
✨Communicate Clearly
Strong communication skills are a must-have for this role. Be prepared to explain complex financial concepts in simple terms. During the interview, practice articulating your thoughts clearly and concisely, as this will demonstrate your ability to liaise effectively with different departments.
✨Show Your Team Spirit
This role requires collaboration with various departments, so highlight any team experiences you have. Share examples of how you've worked with others to achieve a common goal, and express your enthusiasm for being part of a team. This will resonate well with the interviewers looking for someone who can fit into their culture.
