Vacancies

Commercial Finance Business Partner

Brackley, UK

At the Mercedes-AMG Petronas Formula One Team, a group of passionate and determined people work to design, develop, manufacture and race the cars driven by seven-time World Champion Lewis Hamilton and Grand Prix winner George Russell.

Whether working in our Operations, Technical, Race or Business Support functions, we are all in and aspire to build the greatest team in the history of our sport.

Every individual plays their part. No stone is left unturned in the chase for every tenth of a second. The history of our sport is long and rich, and we are continuing our journey with renewed effort year on year. Record books remember the names of a few, but history is written by the many.

About the Role:

Reporting to the Head of Commercial Finance, you will be part of a team that is responsible for business partnering our world-class Commercial functions. We strive to be an enabler to commercial success through providing fast and accurate financial support. This includes high quality forecasting, budget management and developing insightful financial reporting.

This role will focus on business partnering our Applied Science department. With the new Formula One regulations requiring teams to operate within a fixed budget cap, Mercedes-AMG F1 Applied Science was created to enable the diversification of the company to tackle new and exciting engineering challenges, beyond the world of Formula One. We provide bespoke engineering services combining world-class talent and a high-performance culture with cutting-edge technical capability.

This role requires someone with the ability to work in a fast-paced, multi-tasking environment, who is comfortable dealing with a high volume of workload. You will be the first point of contact for all Finance related topics; therefore, this requires a significant degree of collaboration with colleagues across the Finance department. You will play an important role in our transformation journey to deliver a World Class Finance team.

Key Responsibilities:

• Finance Business partner for Applied Science, Customer Team and on-site Technical Services (Wind Tunnel, Dyno, Simulator, Test Rig projects).

• Owner of the P&L budgeting and forecasting process, ensuring it is aligned to balance sheet and cashflow.

• Critical review of the management accounts and key contact for P&L queries.

• Responsible for reviewing project pricing, to ensure we optimise profit margins through taking a value pricing approach where appropriate.

• Financial modelling for strategic business decisions to ensure appropriate action can be taken with a high degree of financial visibility.

• Development and production of monthly reporting in line with the needs of the business.

• Involvement in the preparation of monthly management board packs for C-suite level review.

• Deep understanding of our Commercial contracts and able to identify and understand potential impacts to our Financial Regulations.

• Management of a Commercial Finance Analyst, supporting their development and career progression within the team.

• Continuous process review and implementing improvements in controls and governance to mitigate risk.

• Support and taking accountability for collaboration in the business, sharing information and bringing relevant stakeholders into conversations.

• Collaborate with the finance transformation team to develop processes and system improvements that enhance functionality, accuracy, and data integrity across finance tasks.

• Identify areas which would benefit from the use of automation technology to eliminate repetitive and/or non-efficient tasks.

• Support the development of methodologies to automate reporting and integrate into systems, both current and new.

Knowledge, Skills and Experience:

• ACCA/CIMA qualified.

• Excellent Excel & IT skills - SAP experience preferable.

• Strong analytical skills and attention to detail.

• Excellent interpersonal and communication skills.

• High competence and computational accuracy.

Candidate Profile:

• Comfortable working in a high-performance environment and with the ability to deliver against challenging deadlines in the face of competing demands.

• Creative problem solver who is able to use technical skills and relationships to implement solutions.

• The drive, determination and commitment to get things done and get results.

• Strives for continuous improvement, is questioning in nature and comfortable in introducing change.

• Recognises key relationships and makes a conscious effort to build rapport irrespective of status.

• The ability to provide clarity over large amounts of data and bring numbers to life through effective storytelling.

Benefits:

Our riverside campus is powered by 100% renewably sourced energy and features an on-site gym and exercise studio, subsidised restaurant and on-site parking with EV chargers available.

We offer a competitive and attractive package of benefits including a generous bonus scheme, Mercedes car lease scheme, private medical cover, life assurance and 25 days holiday. We pride ourselves on our family-friendly environment, employee well-being programme and offer flexible working opportunities.

Why us:

At the heart of our performance are our people. Every member of our team has a voice and plays their part in contributing to our successes on and off the racetrack. We take pride in creating an innovative, collaborative and high-performance culture where all of our team members are respected, empowered and valued.

Through our Accelerate 25 programme, we are continuously working to make our team even more diverse and inclusive. Whatever your background, we believe that you will find working with us rewarding and enriching.

Your Application:

We will ask you to complete a questionnaire as well as submitting a cover letter and CV. Please note if you would like to include a cover letter please upload it with your CV as one PDF document.