General information

Job Title
Finance Analyst - Financial Planning
Ref #
25663
Date
Friday, September 16, 2022
Country
United Kingdom
Location
Woking
Business area
Finance
Department
Finance
Position level
I - Qualifying / Team Leader
Working time
Full Time
Contract type
Permanent
Working pattern
9am - 6pm Monday to Friday

Description & Requirements

Background

No restraints. No limitations. We don’t simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars.

With innovation at the core of all we do, every challenge starts with the same question. How can we do it better? This restless spirit runs right through McLaren Automotive. And the search for perfection is evident in everything we do.

Purpose of Role

This role is one of the most exciting finance analyst roles in McLaren Automotive. Offering you wholistic financial planning experience as well as exposure to cross-functional teams, including regular work with the CFO.

 

In this role you, alongside the finance planning team, will be responsible for smooth and effective forecasting and planning cycles. Coordinating various profit and cash analytical activities covering the end-to-end P&L, Balance Sheet and cash flow, whilst supporting the team by continually maintaining and improving our financial models and tools. Success in this role will be reflective of the business plan being translated into operational financial plans that the business can use to track towards their financial targets.

 

Finally, you will find yourself in the heart of a high performing finance team with a strong culture of execution, collaboration, transparency and personal and professional development.

Principal Accountabilities

Working within the planning team who deliver the long-term business plan, annual budget and monthly reforecasts. At McLaren Automotive we set an annual budget once a year, and reforecast on a monthly basis. This activity covers the P&L, Balance Sheet and Cash Flow and requires cross-organisational collaboration with colleagues across finance and the business functions. Here you will have the opportunity to learn how a business sets a wholistic business plan and then works through the year towards hitting the targets. The keys to delivery in this role are:

 

  • Understand our Business. How our business works, and how that translates into the financials.
  • Continuous improvement of the planning processes and tools. Developing a strong understanding of the Planning tools and process and working with a continuous improvement mindset.
  • Building strong relationships. Collaborating cross-functionally predominately with the finance business partners, commercial and production planning, and Group finance teams.
  • Work analytically. Preparing and understanding the key business analytics (KPI’s), make appropriate suggestions and clearly present results to a non-financial audience.
  • Business planning process mapping and cross-team training. You will be responsible for ensuring that all planning team business process documentation is always process mapped and up-to-date, as well as ensuring that you have adequate cross-trained colleagues to cover your responsibilities during holiday absence.
  • Progression towards a professional accounting qualification. If you are studying towards or wish to commence a professional accounting qualification you will be offered the opportunity to sign up to the McLaren Automotive Apprenticeship Scheme. The expectation is that you work closely with your manager to ensure the right balance is struck between continual progression towards your professional qualification whilst delivering what is required of you as part of achieving the business’ objectives.
Knowledge, Skills and Experience
  • Finance, economics or STEM degree qualification
  • CIMA, ACA or ACCA part-qualified (desired)
  • Technical systems / programming experience
  • Track record of developing and maintaining strong relationships
  • Advanced excel and financial / data modelling skills, comfortable working with large datasets and complex information coming from multiple sources (desired)
  • Experience with Power Query and M Code, whilst not essential coming in, will be critical in successfully managing the on-the-job tools and processes. Therefore, any experience with database management systems such as SQL server and knowledge of Database Normalisation would be beneficial
Personal Attributes
  • Strong educational background with either finance (accounting, finance, investment, economics) or STEM (Science, Technology, Engineering, Mathematics) degree.
  • Passionate about problem solving coupled with an ambition to pursue a career in industry commercial finance / commercial management
  • Attention to detail with the ability to actively track and manage complex models
  • Comfortable with and motived to learn new technical systems / data management techniques. (This role will require advanced to expert Power Query and M-Code competence.)
  • Comfortable with engaging people across all levels of seniority from diverse backgrounds and walks of life, consistently.
  • Team player, with a strong understanding of what it means to work with others collaboratively and transparently with humility and without competing with your peers
  • Excellent communicator both written and verbally
  • Proactive with a relentless drive towards target achievement, problem solving and continuous improvement
  • Self-starter, self-motivated and someone that always uses their own initiative when prioritising and delivering results, ensuring that nothing slips through the net