General information

Job Title
Senior Finance Analyst - Product Development
Ref #
Thursday, May 5, 2022
United Kingdom
Business area
Position level
Working time
Full Time
Contract type
Working pattern
8:30am - 5:30pm Monday to Friday

Description & Requirements


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 McLaren’s Product Development Engineering team.
  • Lead Business Partner for Major New Programme Development
  • Support financial reporting (weekly, monthly and Gateway reporting) for specific programmes (major new vehicle programme)
  • Report on performance management of capital spending and Bill of Material cost control, plus overall business case analysis for each programme
  • Lead purchase requisition control and approval for each specific approval with presentation for approval as required
  • Support development of process improvements to optimise financial analysis across current year, business plan period and lifetime of the programmes
Principal Accountabilities

  • Business partner the Programme Manager and Functional Engineering teams for one major and one minor new vehicle programmes across McLaren product development
  • Lead financial reporting (weekly, monthly and Gateway reporting) for both programmes (platform and major new vehicle programme)
  • Lead programme commercial reviews (weekly) and monthly operating reviews with programme and senior management providing a holistic and detailed review of known change control and future risks and opportunities
  • Budget and forecast responsibilities for both programmes, ensuring all budgets and forecasts are met, and robust financial control is in place across multiple working channels,
  • Responsible for SAP purchase requisition approval aligned with corporate governance and delegated authorities
  • Be the conduit that feeds back what is happening in on the specific programmes to the Senior Finance Manager and Finance Director for Product Development product development,
  • Support the finance team for cross-programme processes and actions (e.g. monthly actuals reporting, headcount and cross programme reporting)
  • Coach and train junior team members and ensure effective delivery against assignments and support personnel development across the team
Knowledge, Skills and Experience
  • Qualified accountant (ACA, ACCA or CIMA) or 1 final exam to go
  • Advance excel skills and ability to deal with large volumes of complex data is essential.
  • Experience working with SAP or another ERP system for purchase requisitions, orders and accounting transactions
  • Excellent analytical and data interpretation skills, along with adherence to deadlines.
  • Experience working within low volume automotive / manufacturing companies desirable.
Personal Attributes

  • Strong interpersonal skills, communication, networking, collaboration, and interpersonal skills - ability to build relationships of trust with a wide range of individuals.
  • Proactive approach to working practices.
  • Ability to work with diverse workforce and in challenging conditions.
  • 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