Senior Finance Manager

Location: Woking, GB

Location: Woking 

Job Type: Fixed Term Contract  

Contract Duration: 2 years - through to May 2022

About the Role


This is a 2 year, fixed-term contract to help McLaren Racing prepare for the 2021 Formula One Financial Regulations and the implementation of Cost Cap within these regulations.


The role will be will be spread over three distinct phases, the first of which will require you to quickly gain understanding of the Financial Regulations alongside McLaren Racing’s accounting standards and procedures and from this build a detailed mapping of the risks and opportunities therein.


The second phase will see you working in conjunction with key stakeholders (both financial and non-financial) to ensure all necessary controls and reporting procedures are in place in order to be able to provide regular reporting and forecasting to senior management as well as being able to provide appropriate audit evidence for the required submissions to the FIA.


The third and final element will be to establish on-going internal audit procedures to ensure the accuracy of our data and then to work closely with management and external auditors to file accurate submissions within the required timeframe and ensure appropriate processes are in place for the business to do this going forward.


There are no direct reports and you will be reporting into the Head of Finance. You'll be working closely with the wider finance team and with all areas of the business, providing the opportunity to present recommendations to the Executive team based on quality management information to influence the future direction and strategy of the business.


Principal Responsibilities


  • Ownership of implementation for the Cost Cap reporting framework within McLaren Racing
  • Identification of areas of control weakness and establishment of mitigating controls
  • Establishment of suitable reporting to allow the business to track and forecast spend against target
  • Liaising with the senior management team to ensure they have a detailed knowledge of the regulations and clear understanding of risks and opportunities at all times
  • Submission of timely and accurate reports for McLaren Racing under the first full year of the Financial Regulations
  • Ensuring that suitable processes and procedures are in place to allow the business to be able to continue with reporting on an on-going basis


Your Skills & Experience


  • Qualified ACA or ACCA accountant with audit background
  • Excellent Excel & IT skills
  • Good analytical skills and attention to detail
  • Ability to prioritise and organise your workload effectively
  • Good interpersonal and communication skills
  • Eager to learn and keen to share personal experience and knowledge with others
  • Ability to work effectively to deadlines


Personal Attributes


  • Resilient and confident individual
  • Presentable and personable – the candidate must be immediately credible with stakeholders
  • Ability to multi-task and manage time effectively
  • Ability to work within diverse organisations and in challenging conditions


Key Competencies


Analytical Thinking

  • The ability to think clearly, logically and objectively
  • To analyse work-related problems in an effective way
  • To come to conclusions which are balanced, systematic and rational


Building Relationships

  • Recognising key relationships and making conscious effort to build rapport
  • Establishing positive relations quickly with stakeholders irrelevant of status
  • Demonstrating tact and diplomacy in all professional relationships


Commercial Judgement

  • The ability to review information in a commercial and financially-driven way
  • The inclination to maximise the benefits of spend whilst achieving on-track performance
  • To minimise costs and constantly improve business efficiency


Results Focus and Initiative

  • The drive, determination and commitment to get things done
  • To move things forward, achieve, get results and do things better


Planning and Organising

  • Ability to set achievable goals and deadlines
  • Capacity to multi-task over several on-going projects, and able to define priorities
  • Ability to assess work done against future goal and monitor progress
  • Able to adopt systematic and pro-active approach that will ensure task completion
  • Confidence to recognise and deal with arising problems