At a Glance
- Tasks: Support the finance team in budgeting, forecasting, and reporting 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, career progression, and a dynamic work environment.
- Why this job: Kickstart your career in finance while being part of the thrilling F1 world.
- 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 ResponsibilitiesAs a Trainee FP&A Analyst your role will be to support the FP&A Manager in the following areas:
- 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.
OtherTo 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.
What Are We Looking For?Personal Qualities- Able to work with a high level of integrity and confidentiality.
Essential qualifications:
- 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 Network
At Formula 1, we pride ourselves on being an exceptional employer that champions innovation and personal growth within a dynamic work environment. As a Trainee FP&A Analyst, you will benefit from comprehensive support in obtaining your accountancy qualification, alongside access to private healthcare, generous leave policies, and unique perks like Grand Prix paddock passes. Our collaborative culture ensures that every team member's contributions are valued, making it a truly rewarding place to build your career in the thrilling world of motorsport.
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 insights into 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.
✨Tip Number 3
Show off your Excel skills! Since proficiency in Microsoft Office is key, we can practice creating budgets or reports to demonstrate our analytical abilities during the interview.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we can keep an eye on any updates or new roles that pop up!
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 any relevant experience or skills that match the job description, especially your analytical skills and proficiency in Excel. We want to see how you can contribute to our team!
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 our values. Don’t forget to mention your eagerness to learn and grow within the finance team.
Showcase Your Numeracy Skills:Since this role requires excellent numeracy and analytical skills, consider including specific examples of how you've used these skills in your studies or previous roles. We love seeing concrete evidence of your abilities!
Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Motorsport Network
✨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, especially when liaising with different departments. Prepare examples of how you've effectively communicated complex information in the past, whether in writing or verbally. This will demonstrate your ability to work collaboratively within a team.
✨Excel at Excel
Proficiency in Microsoft Excel is essential for this position. Familiarise yourself with advanced functions, pivot tables, and data analysis techniques. If possible, bring along a sample of your work or a project that showcases your Excel skills to impress your interviewers.
✨Demonstrate Your Passion for F1
Formula 1 is all about passion and innovation. Research the company’s history, recent developments, and their impact on society. Be prepared to share why you want to work in this exciting environment and how you can contribute to their legacy of excellence.
