Financial Regulations Manager in Concord

Financial Regulations Manager in Concord

Concord Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial reporting and compliance for FIA regulations in a dynamic motorsport environment.
  • Company: Join GM Performance Power Units, a leader in elite motorsport finance.
  • Benefits: Competitive salary, comprehensive benefits, and career growth opportunities.
  • Why this job: Make an impact in the fast-paced world of Formula 1 finance and compliance.
  • Qualifications: Degree in Finance or related field; experience in regulatory environments preferred.
  • Other info: Collaborative culture that values innovation and teamwork.

The predicted salary is between 36000 - 60000 £ per year.

GM Performance Power Units is seeking a detail-oriented and proactive Financial Regulations Manager to lead all reporting and compliance activities related to the FIA Financial Regulations and Cost Cap. This pivotal role supports both regulatory adherence and strategic optimization of financial controls, partnering closely with finance, FP&A, and business teams to enable competitive performance within compliance frameworks.

Key Responsibilities:

  • Prepare accurate and compliant submissions to the FIA as required by Financial Regulations
  • Coordinate responses, clarification requests, and agenda proposals for the CFO’s presentations at the FIA Financial Advisory Committee and other FIA requests
  • Lead external audits for Cost Cap Agreed Upon Procedures and FIA audits, ensuring timely and thorough completion
  • Create and maintain monthly Cost Cap actuals reporting to support financial analysis and decision-making
  • Manage Cost Cap-specific adjustments and postings within the finance system during monthly close
  • Collaborate with FP&A to maintain monthly year-to-go Cost Cap forecasts and multi-year budgets
  • Maintain detailed documentation of Financial Regulations interpretations and fair value assessments
  • Stay current on changes in Financial, Technical, Sporting Regulations, and relevant accounting standards impacting the Cost Cap
  • Support initiatives to optimize Power Unit (PU) performance while maintaining Cost Cap compliance
  • Develop and deliver Financial Regulations training and education programs across the organization
  • Prepare presentation materials for senior management and other reporting forums

Required Qualifications:

  • Bachelor’s degree in Finance, Accounting, Economics, Business, or related field; MBA or professional accounting qualification (ACA, ACCA, CIMA) preferred
  • Experience working in a regulatory environment; motorsport or sporting regulatory experience highly desirable
  • Proven experience managing both internal and external financial audits
  • Advanced proficiency in Microsoft Excel, Power BI, and financial management software such as IFS, Microsoft D365, SAP, or Oracle
  • Strong analytical skills with experience handling large datasets
  • Solid project management skills with the ability to manage multiple priorities and deadlines

Personal Attributes:

  • Adaptability and resilience thriving in a fast-paced, dynamic environment
  • High attention to detail and quality assurance in reviewing work of self and others
  • Strong collaborative skills with the ability to influence and communicate effectively at all organizational levels
  • Proactive, results-driven mindset with commitment to delivering high-quality outputs
  • Integrity and ethical conduct, with a strong commitment to professional standards
  • Curious and enthusiastic about challenging the status quo while ensuring compliance

Preferred Skills:

  • Demonstrated leadership experience managing high-performance teams
  • Experience working cross-functionally with diverse teams and stakeholders
  • Ability to interpret complex financial regulations and provide actionable guidance

What We Offer:

  • A critical role in ensuring compliance and optimizing financial regulations within elite motorsport programs
  • The opportunity to work alongside top-tier finance, legal, and engineering professionals
  • Competitive salary, comprehensive benefits, and career growth potential within GM’s global network
  • A dynamic, inclusive culture that values innovation, precision, and teamwork

Why Join Us:

You’ll play a pivotal role in ensuring the reliability and performance of a next-generation Formula 1 power unit. Our culture rewards precision, innovation, and the relentless pursuit of performance.

Please note: GM Performance Power Units and all affiliated companies are Equal Opportunity employer(s). Minorities, women, veterans, and individuals with disabilities are encouraged to apply.

Financial Regulations Manager in Concord employer: GM Performance Power Units

GM Performance Power Units in Concord, NC is an exceptional employer that offers a unique opportunity to work at the forefront of elite motorsport finance. With a commitment to innovation and precision, employees benefit from a dynamic and inclusive culture, competitive salaries, comprehensive benefits, and significant career growth potential within GM's global network. Join us to collaborate with top-tier professionals and play a critical role in ensuring compliance and optimizing financial regulations in a fast-paced environment.
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Contact Detail:

GM Performance Power Units Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Regulations Manager in Concord

✨Tip Number 1

Network like a pro! Reach out to folks in the motorsport and finance sectors on LinkedIn. A friendly chat can open doors that a CV just can't.

✨Tip Number 2

Prepare for interviews by diving deep into FIA Financial Regulations. Show us you know your stuff and can handle those tricky questions with ease!

✨Tip Number 3

Practice your presentation skills. You might need to present financial data or compliance strategies, so being clear and confident is key. We want to see you shine!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Financial Regulations Manager in Concord

Financial Regulations Compliance
Cost Cap Management
Regulatory Reporting
External Audit Management
Financial Analysis
Microsoft Excel
Power BI
Financial Management Software (IFS, Microsoft D365, SAP, Oracle)
Analytical Skills
Project Management
Attention to Detail
Collaboration Skills
Communication Skills
Adaptability
Leadership Experience

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with financial regulations and compliance. We want to see how your skills align with the role of Financial Regulations Manager, so don’t hold back on showcasing your relevant achievements!

Showcase Your Analytical Skills: Since this role involves handling large datasets and financial audits, it’s crucial to demonstrate your analytical prowess. Include specific examples of how you've tackled complex financial challenges in the past. We love a good story that shows your problem-solving abilities!

Highlight Your Collaborative Spirit: This position requires working closely with various teams, so make sure to mention your experience in cross-functional collaboration. We’re looking for someone who can communicate effectively at all levels, so share instances where you’ve successfully influenced others or led a team.

Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!

How to prepare for a job interview at GM Performance Power Units

✨Know Your Regulations

Make sure you brush up on the FIA Financial Regulations and Cost Cap specifics before your interview. Being able to discuss these regulations confidently will show that you're not just familiar with the role but also genuinely interested in the compliance aspect of the job.

✨Showcase Your Analytical Skills

Prepare examples of how you've handled large datasets or complex financial analyses in the past. This role requires strong analytical skills, so be ready to discuss your experience with tools like Excel or Power BI, and how you've used them to drive decision-making.

✨Demonstrate Collaboration

Since this position involves working closely with various teams, think of instances where you've successfully collaborated across departments. Highlight your communication skills and how you've influenced others to achieve a common goal, especially in a regulatory environment.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities in real-world scenarios related to financial regulations. Practice articulating your thought process and how you would approach challenges, such as managing audits or interpreting complex regulations.

Financial Regulations Manager in Concord
GM Performance Power Units
Location: Concord

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