At a Glance
- Tasks: Oversee financial support for luxury vehicle development and manage budgets.
- Company: Join McLaren Automotive, a leader in performance road cars.
- Benefits: Enjoy 25 days holiday, enhanced pension, and flexible lifestyle benefits.
- Other info: Structured career development and a vibrant, inclusive workplace.
- Why this job: Be part of an innovative team shaping the future of automotive excellence.
- Qualifications: Experience with data reporting and strong Excel skills required.
The predicted salary is between 40500 - 49500 £ per year.
As a Finance Analyst, you will be overseeing many aspects of financial support and reporting for Product Development across Engineering and Vehicle Line Delivery, working closely with the teams who design our future luxury performance vehicles.
What You'll Do
- Lead Business partner for one major vehicle programme, with additional minor projects, working closely with Programme Management, Functional Engineering and Purchasing to report the performance against programme targets throughout the programme gateways from concept to production.
- Supporting the approval of budgets at shareholder level and driving accountability at budget holder level.
- Managing capital budgets for one major vehicle programme. Ensuring appropriate level of approval is delivered across capital spending and material cost.
- Support of month end, including assisting with journal preparation and contribution to the monthly management accounts commentary.
- Challenge stakeholders to drive accountability, as well as providing them with the tools necessary to track progress against their financial targets and allow them to keep within agreed budgets.
- Preparation of programme key performance indicator reporting across all aspects of programme profitability and presentation to senior leadership.
- Preparation of monthly internal forecasts for input into the wider business forecasting tools and process.
What You'll Bring
- Experience in maintaining reporting structures and adapting to structure change, comfortable with large volumes of data.
- Strong system skills including SAP and MS Office, particularly Excel (Pivot tables, IndexMatch, Power Query, etc).
- Demonstrate a team supporting mindset with the ability to take on new challenges with effective execution.
- Excellent interpersonal and networking skills coupled with the ability to build strong and lasting relationships with internal stakeholders.
- Time management and organisational skills, with an adaptable and flexible working style.
- A self-starter who can work independently with minimal support but can also work in a team environment.
- Able to work under pressure yet deliver on time with attention to detail and accuracy.
- Confident in questioning the validity of information and in offering ideas and solutions.
- Demonstrate an ability and desire to progress through business.
- Ability to work with and influence colleagues at all levels of the organisation.
- Passion for the automotive industry.
- Persistence and drive to get the job done.
What We'll Do for You
- We offer a wide-ranging benefits package, which includes:
- Structured career development framework.
- 25 days' holiday, plus bank holiday. Annual buy & sell up to five days.
- Enhanced company pension scheme.
- Discretionary annual bonus award.
- Private medical insurance and health cash plan.
- Life assurance benefit.
- Ability to apply for a sabbatical of up to one year after only two years' service.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- Generous parental leave policies.
- A range of wellbeing initiatives, such as employee assistance programme and free financial & mortgage advice.
Who Are We?
No restraints. No limitations. We don't simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars. It takes a community to do what we do. A diverse group of people with many areas of expertise, united by their passion to deliver visionary products and set new benchmarks. McLaren Automotive commits to equal opportunity for all. Diversity, Equality and Inclusion is at the heart of our impact, it drives our innovation and enables us to truly create something special. Join us on our journey.
Finance Analyst - Product Development in Woking employer: McLaren
At McLaren, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As the Head of Electrical Integration, you will have the opportunity to lead cutting-edge projects in a fast-paced environment, with access to continuous professional development and growth opportunities. Our commitment to employee well-being and a supportive team atmosphere makes McLaren a truly rewarding place to advance your career in the automotive industry.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Analyst - Product Development in Woking
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like McLaren. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Analyst - Product Development in Woking
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to McLaren.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on McLaren's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at McLaren
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with McLaren.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at McLaren will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former McLaren employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.