At
McLaren Racing, we believe only by chasing performance in everything we do can
we give ourselves the best chance of success. Performance on track and in
the factory. Performance for our people, our business and our
partners. It’s about more than winning. It’s about hitting the
highest standards, and then raising the bar again.
Purpose of the Role:
To build accurate and reliable financial plans, communicating and reporting performance, thereby providing management with effective decision support.
Role Dimensions:
The Finance Partner is responsible for building strong relationships with the business to develop, report and ensure adherence to financial plans. This role requires flexibility, working in a fast-paced multi-tasking environment and comfortable dealing with high volume of workload. You will be the first point of contact for Director / Head of level colleagues in our key support functions, and all those with budget ownership responsibilities.
Principal Accountabilities:
Business Partnering
- Providing clear and concise and insightful reporting and business partnering for our IT, People, Finance & Procurement, Sustainability and other central functions that are key to our success.
- Analyse financial results and proposals against budgets and potential ROI to ensure we support key projects and investments.
- To understand the strategic direction of departments supported and how the rest of the business is reliant on them, to help shape financial information in a meaningful way, and support the achievement of long term objectives.
- Take ownership of the Group Management charges to add predictability and understanding of the costs and their key drivers.
- Robust review of cost cap considerations across our teams, and working closely with Business Partner peers in those areas to
- Preparation of budgets, forecasts and ad hoc requests through the year, maintaining a long term forecast to focus on the success of core objectives
- Working closely with other Business Partners across HR, Project Management and IT to make agile decisions in a fast paced business, that both protect budgets and enhance ROI.
- To contribute and collaborate across the wider finance team to assess and understand opportunities for process improvement, and plan the delivery of these, ensuring stakeholders impacted have clear expectations.
- The role will be required to review the month end close process, for the responsible areas, and apply their knowledge to the completion and accuracy of this, through their transactional knowledge. This is in collaboration with the wider finance teams.
Strategic Thinking
- Ability to build trusted internal and external relationships with multiple stakeholders, delivering towards their objectives
- Ability to provide insight that guides colleagues in recommendations and decision making in the short term that ensure long term success of projects.
- Recognise change in the organisation and adapt approach to ensure success
- Collaboratively challenge agreements and current approaches to maximise value to the business.
Process
- Maintaining forecasting and budgeting templates to ensure consistent expectations
- Developing internal Power BI reporting
- Developing robust budgetary controls
- Formalising process in an efficient and effective manner
Career Development
- This role would ideally suit someone with an accountancy qualification and confident delivering insight to senior stakeholders.
- The role will require an individual willing to be involved in reviewing and analysing a manageable amount of data, pivoting this into useful information and carrying this through to insightful information.
- The role will benefit from the advice and support of a team of peers but will be an individual who works with stakeholders to provide insightful analysis.
- This will provide someone with a platform to grow their partnering skills, whilst becoming an expert in interpretation of data.
- Ability to work well under pressure and demonstrate emotional resilience and intelligence in the face of competing demands
- An organised individual that considers themselves to have good planning ability and confidence in the identification of risk and opportunity.
- Creative problem solver able to use technical skills and relationships to implement solutions
- The drive, determination and commitment to get things done and get results
- Displays a professional curiosity to seek opportunities for continual improvement