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For Companies At a Glance
- Tasks: Support car delivery through financial analysis and strategic decision-making.
- Company: Join a dynamic team in the automotive industry focused on innovation and performance.
- Benefits: Enjoy flexible working options, professional development opportunities, and a collaborative culture.
- Why this job: Be part of an exciting car programme that drives engineering excellence and teamwork.
- Qualifications: 3+ years PQE experience with strong communication and analytical skills required.
- Other info: Opportunity to work with cutting-edge business intelligence tools like Microsoft Power BI.
The predicted salary is between 43200 - 72000 £ per year.
The Finance Business Partner for our Car Programme plays a critical role in enabling car delivery. This role supports the engineering, manufacturing and racing teams through design, build and racing providing analysis, insight and support for strategic decision making.
Decision Making & Support
- Build strong relationships with stakeholders to effectively collaborate, influence and challenge the car programme in support of wider organisational goals.
- Navigate financial opportunities and risks by integrating into and having a good understanding of the strategic objectives, people and processes in these areas, working together to problem solve.
- Provide training and support to stakeholders to enhance financial acumen and understanding.
Planning & Analysis
- Work together with the Programme Director and other stakeholders in the preparation and review of annual operating plans, budgets, rolling forecasts, upgrade appraisals and post-race reviews.
- Develop relevant hurdle rate to optimise cost versus performance.
- Drive scenario planning and sensitivity analysis including attrition forecasting and tracking.
- Collaborate with Planning, Cost Engineers and Inventory Accountant to report the cost variance of car parts/assemblies alongside correlation with performance.
- Convert financial trends and analysis into valuable insights and actions.
Cost Management
- Optimise the value of spend restricted by the Financial Regulations supporting with make versus buy analysis and help drive internal efficiency improvement projects.
- Support Procurement with supplier selection, contract optimisation and relevant financial modelling.
- Challenge the status quo leading on cost cap optimisation initiatives to drive competitive advantage.
Performance Tracking
- Provide meaningful financial reporting specifications and support with stakeholder understanding of these reports.
- Track and report KPIs to measure performance and identify areas for improvement.
- Ensure quality of data within finance systems including working with broader finance to develop improvements where necessary.
Continuous Improvement
- Stay updated on industry-specific and finance developments and identify opportunities to enhance existing processes.
Required Skills
- At least 3 years PQE relevant working experience.
- Experience working with multiple stakeholders across different departments in a dynamic, fast-paced environment.
- Experience of manufacturing and engineering environment is desirable but not essential.
- Able to communicate financial matters to the business with clarity and transparency demonstrated through strong presentation skills.
- Experience working under pressure and managing competing demands.
- Excellent attention to detail.
- Able to provide examples where the status quo has been challenged and the positive impact or outcome on the business in a manufacturing environment.
- Ownership for identifying and providing solutions for financial issues.
- Able to demonstrate examples of leading on cost reduction initiatives and their success.
- Enjoys working both autonomously and as part of a team.
- Willingness to use latest business intelligence tools (e.g. Microsoft Power BI) to interrogate data, problem solve and provide recommendations.
- Tenacious, reliable and flexible attitude to work.
Finance Business Partner (Car Programme) employer: Motorsport Network
Contact Detail:
Motorsport Network Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner (Car Programme)
✨Tip Number 1
Network with professionals in the automotive and finance sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues and stakeholders who can provide insights into the role and the company culture.
✨Tip Number 2
Familiarise yourself with the latest trends in financial analysis tools, especially Microsoft Power BI. Being proficient in these tools will not only enhance your application but also demonstrate your commitment to continuous improvement and data-driven decision-making.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully collaborated with multiple stakeholders. Highlight instances where you’ve influenced decisions or improved processes, as this aligns closely with the responsibilities of the Finance Business Partner role.
✨Tip Number 4
Research StudySmarter’s values and recent projects related to the Car Programme. Tailoring your conversations during interviews to reflect an understanding of our goals and how you can contribute will set you apart from other candidates.
We think you need these skills to ace Finance Business Partner (Car Programme)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in a manufacturing or engineering context. Emphasise your ability to work with multiple stakeholders and provide examples of how you've successfully navigated financial opportunities and risks.
Craft a Compelling Cover Letter: In your cover letter, clearly articulate why you are interested in the Finance Business Partner role. Discuss your experience in financial analysis, cost management, and performance tracking, and how these skills align with the company's goals.
Showcase Your Communication Skills: Since the role requires strong presentation skills, consider including a brief section in your application that demonstrates your ability to communicate complex financial information clearly. You could mention specific instances where you've successfully conveyed financial insights to non-financial stakeholders.
Highlight Continuous Improvement Initiatives: Provide examples in your application of how you've identified opportunities for process improvements in previous roles. This could include any cost reduction initiatives you've led and their positive outcomes, showcasing your proactive approach to enhancing financial processes.
How to prepare for a job interview at Motorsport Network
✨Understand the Role Inside Out
Make sure you thoroughly understand the responsibilities of a Finance Business Partner in the Car Programme. Familiarise yourself with how this role supports engineering, manufacturing, and racing teams, as well as the financial aspects involved in decision-making.
✨Showcase Your Stakeholder Management Skills
Prepare examples that demonstrate your ability to build strong relationships with stakeholders. Highlight instances where you've effectively collaborated, influenced, or challenged decisions to support organisational goals.
✨Be Ready for Financial Analysis Questions
Expect questions related to financial analysis, scenario planning, and cost management. Brush up on your knowledge of financial modelling and be prepared to discuss how you've used data to drive insights and actions in previous roles.
✨Demonstrate Continuous Improvement Mindset
Discuss your approach to staying updated on industry trends and how you've identified opportunities for process enhancements in the past. Be ready to share specific examples of how you've successfully implemented improvements in a fast-paced environment.
