At a Glance
- Tasks: Lead the finance team and manage accounting, reporting, and budgeting for HRC's F1 activities.
- Company: Join Honda Racing Corporation, a dynamic leader in motorsport innovation.
- Benefits: Competitive salary, career growth, and the chance to work in a thrilling environment.
- Why this job: Be at the forefront of finance in the exciting world of Formula 1 racing.
- Qualifications: ACA, ACCA, or CIMA qualified with experience in fast-paced engineering sectors.
- Other info: Collaborative culture with opportunities for travel and professional development.
The predicted salary is between 43200 - 72000 £ per year.
Honda Racing Corporation, broadly known as HRC, is a racing arm of Honda Motor Co Ltd. HRC UK has been established in 2024 as a European base for its F1 activities.
We are seeking a Finance Department Manager to manage the Finance team and take responsibility for:
- Accounting
- Reporting
- Tax
- Compliance
- Treasury
- Planning and budgeting
- Finance business partnering
Development of processes and enhancement of the control environment will also form part of the role. Furthermore, we expect the person in this position to demonstrate proactive leadership, guiding the team and wider business on the various reporting requirements and financial regulations for F1 PU suppliers as mandated by the FIA.
Knowledge, Skills and Experience:
- ACA, ACCA, or CIMA qualified.
- Significant experience of holding a similar position in a fast-paced engineering business, ideally motorsport, automotive or aerospace.
- A comprehensive understanding of IFRS.
- Experience of building an effective and sustainable finance team.
- Excellent, pragmatic problem solving skills.
- A collaborative working style, with the ability to understand and empathise with the business challenges, whilst at the same time deliver financial and budgetary control and compliance.
- Experience of working in a multi-cultural environment.
- Excellent Excel and PowerPoint skills, including clear communication and presentation of complex financial matters to senior non-financial stakeholders.
- Delivering budgets and forecasts.
- Working with and developing an ERP system in order to provide a high level of timely and accurate transparency and control.
- Experience of business partnering engineering, operations and administration stakeholders.
- Ability to travel within the UK and abroad.
- Full driving license and competence to drive in the UK.
Finance Department Manager employer: Honda Racing Corporation UK Ltd. (HRC UK)
Contact Detail:
Honda Racing Corporation UK Ltd. (HRC UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Department Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the motorsport and automotive sectors. Attend industry events or webinars where you can meet potential employers and showcase your passion for finance in F1.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of IFRS and financial regulations specific to F1. We recommend practising common interview questions and scenarios that might come up, especially around budgeting and compliance.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've built effective finance teams in the past. Use examples that highlight your collaborative working style and problem-solving abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Finance Department Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Department Manager role. Highlight your experience in accounting, reporting, and compliance, especially in fast-paced environments like motorsport or automotive. We want to see how your skills align with what we’re looking for!
Showcase Your Leadership Skills: In your application, don’t forget to showcase your proactive leadership abilities. Share examples of how you've guided teams and navigated financial regulations. We love seeing candidates who can lead and inspire others!
Be Clear and Concise: When writing your cover letter, keep it clear and concise. Use straightforward language to explain your qualifications and why you’re a great fit for HRC. Remember, we appreciate clarity, especially when it comes to complex financial matters!
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Honda Racing Corporation UK Ltd. (HRC UK)
✨Know Your Numbers
As a Finance Department Manager, you’ll need to be on top of your financial game. Brush up on key financial metrics and reporting standards like IFRS. Be ready to discuss how you've applied these in previous roles, especially in fast-paced environments like motorsport or automotive.
✨Showcase Your Leadership Skills
This role requires proactive leadership, so think about examples where you've successfully guided a team through challenges. Prepare to share specific instances where your leadership made a difference, particularly in building effective finance teams or enhancing control environments.
✨Communicate Clearly
You’ll need to present complex financial matters to non-financial stakeholders. Practice explaining intricate concepts in simple terms. Use examples from your past experiences where you’ve effectively communicated financial information to diverse audiences.
✨Emphasise Collaboration
Highlight your experience working in multi-cultural environments and collaborating with various departments. Be prepared to discuss how you’ve partnered with engineering, operations, and administration to achieve financial goals, showcasing your ability to empathise with business challenges.