Cost Analyst – F1 Operations

3 weeks ago

Woking, United Kingdom McLaren Group Full time

Job description

At McLaren, ourmission is to set the standard for high performance in sport. Everyone, inevery part of the team, has a role to play. So if you want to test your ideaswith the world watching... And measure your progress in milliseconds... Andplay your part in racing history... You belong here. High performance startswith you.

Purpose of the Role:

We have a fantastic opportunity for an Analyst to join the McLaren Racing F1 Finance Partnering Team. The successful candidate will possess an innovative ‘can-do’ attitude, with a high level of attention to detail, enabling the preparation of high quality, data driven insight, analysis and commentary to support the Finance Team and the wider Operations Function.

Role Dimensions:

This role will be working in a fast-paced multi-tasking environment, and you will be comfortable dealing with high volume of workload and will require flexibility in working hours. You will work closely with Director / Head of level colleagues and all those with cost of car budget ownership responsibilities.

Principal Accountabilities:

Provide projects costing to Project Managers for different car areas. Provide comparison of project costs for parts made in-house vs in supply chain. Support manufacturing departments in order to understand best their cost base and their efficiency. Drive better budget allocation within different car/manufacturing areas. Support cost review of proprietary parts, raw materials and consumables. Deliver frequent insight to promote cost collaboration from design to manufacture. Create and prepare weekly, monthly, and annual summaries related to Cost of Car. Compile, analyse, and evaluate data to inform financial projections and support Cost Cap compliance. Develop strong partnerships between Operations, finance and other business functions. Recommend and support implementation of process changes and system enhancements based on findings. Communicate findings effectively and follow through with actions to help drive improvements.

Job requirements

Knowledge, Skills and Experience:

Bachelor's or Master’s in economics, business, econometrics or equivalent experience. Part-qualified (ACCA/ACA) desirable. Experience in Manufacturing industry. Excellent Excel & IT skills, Power BI desirable. Appreciation of advanced statistical techniques. Good analytical skills and attention to detail. Ability to prioritise and organise in order to work effectively to deadlines. Excellent interpersonal and communication skills. Eager to learn and enthusiastic.

Personal Attributes:

Ability to work well under pressure and demonstrate emotional resilience and intelligence in the face of competing demands. 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. Recognising key relationships and making conscious effort to build rapport irrespective of status. Energetic and willing to drive challenge into the team.

What can McLarenoffer?

We constantly strive to be better tomorrow thanwe are today. Our ambition is to be the most pioneering and exhilarating racingteam in the world, and our collective task is to set the standards for highperformance in sport. We show up every day with energy and enthusiasm, ready toplay our part.

We encourage and support diversity, equity andinclusion. We will actively promote a culture that values difference andeliminates discrimination in our workplace.

McLaren Racing is based at the iconic McLarenTechnology Centre (MTC) near Woking. Here at McLaren, we offer hybrid workingwith 3 days a week based in the MTC.

Our state of the art, sustainable campus offersmany facilities including a gym, restaurant and indoor and outdoor break-outareas, as well as direct access to park and common land. The MTC is connectedto Woking mainline station via regular shuttle buses, from which LondonWaterloo is a 30 minute train ride.

We offer a comprehensive package of benefitsincluding private healthcare, car schemes, life insurance and generous pensioncontributions.

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