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.
Job Description
Our Assistant PU Cost Cap Controller will offer specialised assistance to the Cost Cap Controlling team. This individual will be a subject matter expert on the Power Unit (PU) Financial Regulations, collaborating with Finance and the broader Red Bull organisation.
The role involves optimising the application of regulations within a development-oriented context, ensuring compliance, and improving reporting outcomes for all stakeholders.
The broader focus of the individual will be on establishing efficient business processes, robust data governance, and best practice reporting, whilst also continuing to actively improve the reach, depth and quality of the Cost Cap internal audit function.
What You’ll Be Doing:
-
Develop an in-depth understanding and expertise of interpreting operational and capital cost treatment as required by the Financial Regulations and applying with reference to Statutory Accounting positions.
-
Providing periodic first line analysis and support in reviewing of transactions to ensure internal compliance with Financial Regulations.
-
Supporting the PU Cost Cap Controller with coordination of the annual regulatory audit of the Financial Regulations.
-
Liaising with Finance Business Partners and support the PU Cost Cap Controller to assist in the planning and forecasting of expenditure restricted by the PU Financial Regulations.
-
Determine, manage and assess required Financial Regulations-based data adjustments with reference to Statutory Reporting positions.
Essential Competencies:
-
Strong analytical skills and being able to manipulate large data sets.
-
Financial background with accounting qualification – ACCA/ACA preferred.
-
Internal/External audit experience along with SAP and/or SAP BO, Hyperion experience is preferred, but not essential.
-
Experience in use of Microsoft Power BI and/or Power Query would be advantageous.
Now from us - what you can expect to receive in return:
Not only is this a fantastic role, a good salary is just the start, there are many other benefits too such as our bonus scheme, private health care cover, life assurance scheme, workplace nursery, company contributed pension scheme, on site gym & fitness classes, food allowance, and a cycle to work scheme; but above all, the job satisfaction doesn’t get any better than the feeling of making a real contribution to the function of our Grand Prix cars.
Job Posting End DateThu, 18 Apr 2024