Finance Department Manager

Finance Department Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the finance team, manage accounting, reporting, and budgeting for HRC's F1 activities.
  • Company: Join Honda Racing Corporation, a dynamic leader in motorsport innovation.
  • Benefits: Competitive salary, opportunities for travel, and a chance to work in a fast-paced environment.
  • Why this job: Be at the forefront of F1 finance, shaping the future of racing with your expertise.
  • Qualifications: ACA, ACCA, or CIMA qualified with experience in a fast-paced engineering sector.
  • Other info: Collaborative culture with opportunities for professional growth and 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, together with 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: Motorsport Network

Honda Racing Corporation (HRC) offers an exceptional work environment for the Finance Department Manager, combining a passion for motorsport with a commitment to excellence. Located in the heart of the UK’s racing industry, HRC fosters a collaborative culture that encourages professional growth and innovation, providing employees with unique opportunities to engage with cutting-edge financial practices in a fast-paced engineering setting. With a focus on leadership development and a diverse, multi-cultural team, HRC is dedicated to empowering its employees to thrive while contributing to the exciting world of Formula 1.
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Contact Detail:

Motorsport Network 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 style and problem-solving abilities, especially in fast-paced environments.

✨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

ACA, ACCA, or CIMA qualification
Accounting
Financial Reporting
Tax Compliance
Treasury Management
Planning and Budgeting
Finance Business Partnering
Process Development
Control Environment Enhancement
Understanding of IFRS
Team Leadership
Problem-Solving Skills
Collaborative Working Style
Excellent Excel Skills
PowerPoint Skills
Business Partnering with Engineering and Operations

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance Department Manager role. Highlight your ACA, ACCA, or CIMA qualifications and any relevant experience in motorsport or engineering. We want to see how your skills match what we're looking for!

Showcase Your Leadership Skills: In your application, emphasise your proactive leadership style. Share examples of how you've guided teams in fast-paced environments and tackled 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 to the point. Use straightforward language to explain your experience with IFRS and financial reporting. Remember, we appreciate clarity, especially when it comes to complex financial matters!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at HRC!

How to prepare for a job interview at Motorsport Network

✨Know Your Numbers

Make sure you brush up on your financial knowledge, especially around IFRS and budgeting. Be ready to discuss how you've managed finances in previous roles, particularly in fast-paced environments like motorsport or engineering.

✨Showcase Your Leadership Skills

Prepare examples of how you've led a finance team effectively. Think about times when you've guided your team through challenges or improved processes. This will demonstrate your proactive leadership style that HRC is looking for.

✨Understand the Business

Familiarise yourself with Honda Racing Corporation and its operations. Knowing the specifics of F1 regulations and how they impact finance will show that you're not just a numbers person but also understand the broader business context.

✨Communicate Clearly

Practice explaining complex financial concepts in simple terms. You’ll likely need to present to non-financial stakeholders, so being able to communicate clearly and effectively is key. Use PowerPoint to create a mock presentation if you can!

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