At a Glance
- Tasks: Support the finance team in budgeting and forecasting for Formula 1.
- Company: Join the iconic Formula 1 team, a leader in sports innovation.
- Benefits: Enjoy private healthcare, free snacks, and 25 days annual leave.
- Other info: Access to training and career progression opportunities within the F1 family.
- Why this job: Be part of a thrilling environment that shapes the future of motorsport.
- Qualifications: Degree-level education with strong numeracy and analytical skills required.
The predicted salary is between 25000 - 32000 £ per year.
Are you ready to make your mark in the world of Formula 1? At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle leaving a positive legacy wherever we race. Innovation has always been at the heart of what we do ever since our first Grand Prix in 1950. Now, more than 75 years on, the sport remains a pioneer, developing technologies that have made a significant impact on society beyond the track.
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.
- Able to work with a high level of integrity and confidentiality.
- 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.
- 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.
Your next career move could include progressing into FP&A Analyst.
Why join the force behind the sport? Joining F1 means becoming part of a team that values innovation, collaboration and personal growth. We offer a dynamic work environment where ideas are heard, and employee contributions truly make an impact. We seek to recruit, develop, and retain the most talented people to play their role in accelerating the future of the sport.
As a member of the F1 team, you will be able to access our amazing 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: Motorsport Media Ltd
At Formula 1, we pride ourselves on being an exceptional employer that champions innovation and personal growth within a vibrant and collaborative work culture. As a Trainee FP&A Analyst, you will benefit from comprehensive support in obtaining your accountancy qualification, alongside access to unique perks such as Grand Prix paddock passes, private healthcare, and a dynamic environment where your contributions can truly make an impact. Located in Biggin Hill, our office offers a range of amenities including a subsidised canteen and free healthy snacks, ensuring a rewarding and enjoyable workplace experience.
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 or former employees at Formula 1 on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your FP&A knowledge. We should be ready to discuss financial planning, budgeting, and how we can contribute to the team’s success. Show them you’re passionate about the role!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. This will help us articulate our thoughts clearly and confidently when it’s our turn to shine in front of the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we can keep track of our application status easily. Let’s get that Trainee FP&A Analyst position!
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 is tailored to the Trainee FP&A Analyst role. Highlight your relevant skills, especially in numeracy and analytical abilities, and don’t forget to mention any experience with Microsoft Excel!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for Formula 1 and how your background aligns with the role. Be sure to mention your eagerness to learn and grow within the finance team.
Showcase Your Attention to Detail:In finance, attention to detail is key. When filling out your application, double-check for any typos or errors. A polished application reflects your commitment and professionalism!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us, making it easier for our team to review your credentials!
How to prepare for a job interview at Motorsport Media Ltd
✨Know Your Numbers
As a Trainee FP&A Analyst, you'll be dealing with budgets and forecasts. Brush up on your financial terminology and be ready to discuss how you would approach preparing departmental budgets. Show them you understand the importance of accuracy and attention to detail in financial reporting.
✨Showcase Your Communication Skills
Strong communication is key in this role. Prepare examples of how you've effectively communicated complex information in the past, whether in writing or verbally. This could be through presentations, reports, or even group projects during your studies.
✨Excel at Excel
Since proficiency in Microsoft Excel is crucial, make sure you're comfortable with functions, formulas, and data analysis tools. Consider bringing a laptop to demonstrate your skills if the opportunity arises, or be prepared to discuss specific Excel projects you've worked on.
✨Demonstrate Your Passion for F1
Formula 1 is all about passion and innovation. Research the latest developments in the sport and think about how they relate to finance. Showing genuine enthusiasm for the industry can set you apart from other candidates and demonstrate that you're not just looking for any job, but this job.
