At a Glance
- Tasks: Join our Finance team to optimise production and supply chain costs with data-driven insights.
- Company: Be part of Red Bull Technology, a leader in the thrilling world of Formula One.
- Benefits: Enjoy perks like private healthcare, gym access, daily food allowance, and a bonus scheme.
- Why this job: Work in a dynamic environment where your contributions directly impact success and efficiency.
- Qualifications: CIMA/ACCA qualified with strong finance experience; engineering background is a plus.
- Other info: Opportunity to mentor an Industrial Placement Student and lead innovative projects.
The predicted salary is between 43200 - 72000 £ per year.
For many fans of Formula One, the sport exists between lights and chequered flag on a Sunday afternoon. It begins and ends with the exploits of the drivers on the track. But this is merely the tip of the spear. The reality of modern F1 is that of a complex and intertwined operation, every part of which needs to perform near its limit if success is to be achieved. From the pit crew searching for the ultimate repeatable pit stop, to the inspiration of the designers, the application of engineers and the herculean efforts of an army of fabricators and machinists. Much of our success is thanks to the diversity of thought and spectrum of skill sets held within the team, our ability to recognise unique contributions from individual team members is just a part of why we love what we do.
We have your next opportunity to join our incredible Finance department as a Finance Business Partner! Our ideal candidate will be an experienced, high performing individual to partner our Production and Supply Chain departments, with focus on controlling operational and capital expenditure whilst providing management information for resource optimisation. Formula 1 teams have been under a Cost Cap for several years now, so it’s become crucial that we maximise on efficiency. The primary focus of this role will be providing data driven insights in a transparent and timely manner to relevant stakeholders across the team, to ensure well-informed decisions can be made.
Core Responsibilities:- End to end ownership of the financial planning and month end process for the Chassis Production and Supply Chain department with a focus on payroll, time apportionment and capital expenditure reporting.
- Ensuring the timely distribution of financial information through reports and regular meetings.
- Perform accurate forecasting based on current information.
- Compliance, be aware of FIA Regulations, complying with the group guidelines and supporting in any statutory and FIA audits.
- Be the central point of contact in Finance to support and Business Partner Senior Stakeholders on any cost optimisation projects or any ad-hoc work required.
- Identify and implement new business processes solutions. This will entail taking the lead on designing, testing, training, and rolling out to all relevant Stakeholders.
- Support in development of an Industrial Placement Student.
- CIMA/ACCA Qualified.
- Experience in business partnering in an Engineering/Manufacturing environment would be advantageous.
- Strong Finance experience, preferably in a Financial Planning and business partnering capacity.
- Experience in leading cross-functional projects, alongside strong analytical skills and being able to manipulate large data sets.
- SAP, ERP & BI experience is preferable, but not essential.
We’re incredibly proud of all the talented people who work at Red Bull Technology, and we reward this talent and hard work with many benefits on top of a highly competitive salary. Benefits include a bonus scheme, private healthcare, life assurance scheme, workplace nursery scheme, company contributed pension, on site gym, padel court and fitness classes, daily food allowance and much more.
Finance Business Partner (Production & Supply Chain) employer: Red Bull
Contact Detail:
Red Bull Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Business Partner (Production & Supply Chain)
✨Tip Number 1
Familiarise yourself with the specific financial challenges faced by Formula 1 teams, especially regarding cost caps and operational efficiency. Understanding these nuances will help you demonstrate your knowledge during interviews and show how you can contribute to optimising resources.
✨Tip Number 2
Network with professionals in the finance and engineering sectors, particularly those who have experience in manufacturing environments. Engaging with industry experts can provide insights into best practices and may even lead to referrals within our team.
✨Tip Number 3
Brush up on your SAP and ERP skills, as familiarity with these systems can set you apart from other candidates. Consider taking online courses or tutorials to enhance your proficiency, which will be beneficial when discussing your technical capabilities.
✨Tip Number 4
Prepare to discuss your experience in leading cross-functional projects. Be ready to share specific examples of how you've successfully collaborated with different departments to achieve financial goals, as this is a key aspect of the Finance Business Partner role.
We think you need these skills to ace Finance Business Partner (Production & Supply Chain)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in business partnering within engineering or manufacturing environments. Use specific examples that demonstrate your ability to manage operational and capital expenditure.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the unique challenges faced by Formula 1 teams. Emphasise your analytical skills and experience with financial planning, as well as your passion for the industry.
Highlight Relevant Qualifications: Clearly state your CIMA/ACCA qualifications and any other relevant certifications. Mention any experience you have with SAP, ERP, or BI systems, even if it's not essential, as it can set you apart from other candidates.
Showcase Your Soft Skills: In addition to technical skills, highlight your ability to communicate effectively with senior stakeholders and lead cross-functional projects. Provide examples of how you've successfully implemented new business processes or optimised costs in previous roles.
How to prepare for a job interview at Red Bull
✨Understand the Role
Make sure you have a solid grasp of what a Finance Business Partner does, especially in the context of Production and Supply Chain. Familiarise yourself with financial planning, capital expenditure reporting, and how these elements contribute to the overall efficiency of a Formula 1 team.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data analysis and forecasting. Highlight specific examples where you've manipulated large data sets to drive decision-making, as this is crucial for the role.
✨Familiarise Yourself with FIA Regulations
Since compliance is a key part of the job, brush up on FIA regulations and how they impact financial operations. Being able to discuss these regulations will demonstrate your commitment to the role and the industry.
✨Prepare for Cross-Functional Collaboration
This role involves working closely with various stakeholders. Think of examples from your past experiences where you've successfully led cross-functional projects or collaborated with different teams to achieve a common goal.