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- Tasks: Deliver financial support for luxury automotive after sales, ensuring accurate reporting and analysis.
- Company: Join Lotus Cars, a legendary sports car manufacturer with a focus on innovation and performance.
- Benefits: Enjoy 25 days holiday, private healthcare, and a discretionary bonus scheme.
- Why this job: Be part of a pioneering team transforming the automotive industry with electric vehicles.
- Qualifications: ACMA/ACCA/ACA qualified with 5 years in business data analysis; auto industry experience preferred.
- Other info: Hybrid role based in Coventry, requiring some travel to different entities.
The predicted salary is between 48000 - 72000 £ per year.
Finance Business Partner – After Sales Automotive
Lotus Cars builds world-class, high-performance and lightweight sports cars that are sold all around the world.
Summary:
You will be responsible for delivering quality financial support to the overseas After Sales division of a luxury automotive brand and ensure that timely and accurate financial information is clearly presented, explained, and effectively used to deliver the monthly reporting pack, annual budget, quarterly forecasts and longer-term strategic aims of the Group.
You will be responsible for ensuring consistent financial support to all colleagues, with a strong reliance placed on the production of monthly rolling forecasts, balance sheet reconciliation and cashflow management; with positive and adverse variances being clearly understood.
What you\’ll do:
- Monthly expense accrual, actual revenue & cost reconciliation and analysis
- Monthly Budget/FCST consolidation, variance explanation, submission on time and budget control incl. Opex/capex
- Monthly stock inventory reconciliation and management including inbound, outbound, stock counting report per SOX requirement
- Vehicle Warranty accrual / claims reconciliation / consumption analysis / Campaign activities finance support
- Regular/Annual warranty accrual amount review and approval process support
- Coordinate yearly parts and accessories price strategy and transfer price approval
- Work with counter party to deal with related-party transaction including warranty recharge, invoicing, payment etc.
- Dealer credit limit control and analysis
- Support Audit, Sox and Internal Control including auditing materials submission, process improvement and inter risk control
- Others to be required like system UAT support, dealer urgency parts shipment support, SAP reconcile etc.
What you\’ll bring:
Essential:
- You will have minimum 5 years experiences in business data analysis and must be ACMA/ACCA/ACA qualified accountant.
- Must have some knowledge of statutory reporting and of UK
Financial Reporting Standards. - You must be able to deliver effective services through collaborative working, being flexible and responsive, yet able to focus all parties on delivery.
- Posses strong analytical and problem solving skills and able to understand and handle complex financial data to support business decision making. You need to understand the specifics of retail and whole sale of automotive industry.
- You will liaise with all departments and companies across the group.
- Must have experience of financial planning and analysis in a complex business environment.
- You must have experience of undertaking and evaluating financial appraisals for new/existing activities or opportunities.
Desirable:
- Auto industry background will be desirable.
What we offer:
In addition to a competitive salary, you will have access to the following benefits:
- 25 days\’ holiday plus bank holidays
- 6% pension contribution
- Discretionary annual bonus scheme, based on your contribution and the performance of the company
- Private Healthcare
- Access to the Employee Car Ownership Scheme
- Group income protection based on length of service
- Paid time off for medical appointments
- Family Friendly policies
- Exclusive Employee discount, wellbeing and recognition platform #ForUSLOT
Additional Information:
- This role will be working from our Coventry office. This role will be Hybrid working, however there will be an expectancy to work a minimum of 3 days per week in the Coventry office.
- Travel might be required to visit different entities. Applicants must therefore possess the ability to travel freely without restrictions.
Our Company:
Group Lotus is a leading sports car manufacturer with a 75-year long history of iconic designs, ground breaking engineering and legendary victories on the F1 track. Today we are transforming into a truly global performance car brand focused on the electrical future. In 2022 we launched the Eletre, the world\’s first all-electric hyper-SUV, and in 2023 Emeya, our fully-electric Hyper-GT.
As part of the Lotus team, you push boundaries. Those of the car industry and of your own. Every member of the Lotus family has some of the pioneering mindset of founder Colin Chapman in them.
We\’re not just a car company; we\’re a diverse mix of talent from all walks of life. At Lotus, we firmly believe that diversity and inclusion are not just buzzwords but essential pillars of a thriving and successful organization. We welcome applications from individuals of all backgrounds and are dedicated to providing reasonable adjustments during the interview process. If you require any special assistance or adjustments, please let us know in advance so we can ensure a fair and accessible interview experience. Our goal is to create an environment where everyone can thrive.
Do you want to know what Sophisticated, Rebellious and Pioneering mean for Lotus? Come and take a look at our career site and join the incredible adventure:
STEP OUTSIDE THE ORDINARY – Lotus Cars
Department Finance Locations Lotus UK Creative Centre (Coventry) Remote status Hybrid Employment type Full-time
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Finance Business Partner - After Sales Automotive employer: Lotus UK
Contact Detail:
Lotus UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner - After Sales Automotive
✨Tip Number 1
Familiarise yourself with the automotive industry, especially the after-sales sector. Understanding the specific financial challenges and opportunities in this area will help you stand out during discussions.
✨Tip Number 2
Network with professionals in the automotive finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at Lotus Cars.
✨Tip Number 3
Brush up on your knowledge of UK Financial Reporting Standards and statutory reporting. Being well-versed in these areas will demonstrate your readiness to handle the responsibilities outlined in the job description.
✨Tip Number 4
Prepare to discuss your experience with financial planning and analysis in complex environments. Be ready to share specific examples of how you've successfully navigated similar challenges in your previous roles.
We think you need these skills to ace Finance Business Partner - After Sales Automotive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in business data analysis and the automotive industry. Emphasise your qualifications such as ACMA/ACCA/ACA and any specific achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your skills can contribute to the After Sales division. Mention your experience with financial planning, analysis, and your ability to handle complex financial data.
Highlight Relevant Skills: In your application, clearly outline your analytical and problem-solving skills. Provide examples of how you've successfully managed financial reporting, variance analysis, and reconciliations in previous roles.
Show Enthusiasm for the Brand: Express your passion for Lotus Cars and the automotive industry in your application. Mention any knowledge you have about their products or recent developments, like the Eletre and Emeya, to demonstrate your genuine interest in the company.
How to prepare for a job interview at Lotus UK
✨Understand the Automotive Industry
Make sure you have a solid grasp of the automotive sector, especially the specifics of retail and wholesale. Familiarise yourself with current trends and challenges in the industry, as this will help you demonstrate your knowledge during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with financial data analysis. Be ready to provide examples of how you've handled complex financial information and how it supported business decision-making in your previous roles.
✨Be Ready for Technical Questions
Since the role involves financial planning and analysis, expect questions related to statutory reporting and UK Financial Reporting Standards. Brush up on these topics to confidently answer any technical queries.
✨Demonstrate Collaborative Working
Highlight your ability to work collaboratively across departments. Share examples of how you've successfully partnered with colleagues to deliver results, as this is crucial for the Finance Business Partner role.
