General information

Job Title
Finance Manager
Ref #
487
Date
Wednesday, September 29, 2021
Country
United Kingdom
Location
Woking
Business area
Finance
Department
Finance
Position level
Management
Working time
Full Time
Contract type
Permanent
Working pattern
8:30am - 5:30pm 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

·        Finance Business Partner to Logistics Director and their Management team

·        Finance Business Partner to Manufacturing Director and their Management team

·        Responsible for financial management of cost relating to MPC, including logistics, inventory and operational expenditure

·        Key support for Manufacturing and Finance management teams

·        Voice of Manufacturing Finance to Central and FP&A Finance teams

Principal Accountabilities

·        Full financial management and support of McLaren logistics and inventory and operational expenditure

o   Provide consistent, accurate and timely financial information and analysis of Logistics and Manufacturing performance

o   Month end closure, process improvement and proactive finance support for McLaren Production centre, where we produce our luxury performance vehicles

o   Lead budget/business plan and rolling forecast reviews for MPC operations & logistics

o   Devise and manage processes for cost tracking, forecasting and reporting

o   Control and maintain live register of risks and opportunities and mitigating actions

·        Responsible for managing logistics, inventory and Manufacturing costs:

o   Manufacturing Engineering cost control

o   Production variance cost control

o   Variable overhead reporting and control

o   Working/liaising with other Function Groups to improve best practice (i.e Purchasing, HR etc)

·        Develop & co-ordinate a process to monitor headcount budget of 840+ people for MPC to ensure performance against budget

·        Maintain Inventory and stock control procedures including perpetual inventory and all cost of sales line items, making suggestions for enhancements as appropriate

o   Work with Senior Finance Manager, Operations and Director of Logistics and their team to ensure stock ordering processes are efficient, effective and minimise working capital

·        Support to Executive Director Manufacturing and director team in financial analysis and business decision making and develop and report against key manufacturing KPIs both financial and non-financial

o   Ensure robust development of “best practice” automotive manufacturing techniques and measurement

o   Lead on key business cases and supplier assessments including the change of consumables supplier & warehousing business cases

 

 

·        Lead on response and process with external auditors

·        Management and development of team of one direct report

·        SAP key user responsibility for continuous improvement in finance/operations, working with CI leads

Knowledge, Skills and Experience

·          Qualified CIMA/ACCA/ACA or equivalent

·          Experience of a manufacturing or logistics environment is essential, preferably Automotive

·          Strong system skills (must include SAP) and intermediate/advanced Excel skills (Pivot tables, vlookups, formulas, etc) plus strong financial analysis skills

·          Comfortable with large volumes of data

·          Excellent understanding of manufacturing finance systems and controls

·          Clear communicator with great stakeholder management skills Confident with offering constructive challenges to senior managers concerning budgets and cost controlling

 

Personal Attributes

·          Excellent communication and business partnering skills with the ability to communicate at all levels

·          Change management

·          Identify risks and escalate/manage as necessary

·          Able to articulate financial data and analytical information

·          Simplify complexity

·          Work to deadlines, prioritising where necessary