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Job listing closed on 19 Nov 2023
27 Oct 2023

Finance Business Partner - Technical & Development

🇬🇧 Silverstone, UK
Full Time
3+ years exp.

After more than 60 years away from Formula One, Aston Martin returned to the grid in 2021. Based in Northamptonshire, Aston Martin Aramco Cognizant Formula One™ Team has more than 700 passionate people at its heart, making a team with both a rich heritage and a fresh perspective – bringing new energy to the sport with a determination to shake up the order and compete at the sharp end.


The Aston Martin era represents the beginning of a new journey for us, but the racer’s attitude and can-do approach remain central pillars in the team’s philosophy. The focus is always on

improving performance and delivering results. With fresh investment and energy,

the stage is set to build on Aston Martin’s rich history in motorsport and

establish Aston Martin Aramco Cognizant Formula One™ Team as a competitive

force in the years ahead.


To succeed on this mission, the team is looking for talented individuals who share our passion for racing and hunger for competition. It’s a stimulating and rewarding place to work, with pure

racing at the core of everything we do. We are building for a strong future and

every member of the team will play an important role in our success.


We are a brave and united team who value authenticity, honesty, and are never afraid to question conventions. We embrace these values in ways that reflect our modern world. If you share our racer’s spirit and want to contribute to the next chapter in Aston Martin’s glorious

history, please apply and join one of the most exciting projects in Formula

One.


We have opportunities to be part of the Finance team in the role of Finance Business Partner - Technical & Development.


The Successful candidate must have the following attributes:


QUALIFICATIONS

  • CCAB Qualified (CIMA, ACCA or ACA)

EXPERIENCE

  • Finance business partnering / management accounting experience (minimum of three years)
  • Manufacturing experience desirable
  • Experience of working within automotive or aerospace sectors desirable, ideally within Formula 1 in a similar role

KNOWLEDGE AND SKILLS

  • Outstanding communication and interpersonal abilities with ability to challenge effectively across departments
  • Excellent organisational, problem solving and decision-making skills
  • Analytical mind-set and an eye for detail, capable of working quickly to a high standard of accuracy
  • Comfortable working in a fast-paced multi-tasking environment, dealing with a high volume of workload
  • Communicate information effectively verbally and in writing with use of graphical tools as necessary
  • Advanced/expert in use of Microsoft Excel and other Microsoft products
  • Ability to work under pressure, prioritising own work and the work of the team in an organised and accurate manner within tight deadlines, keeping calm and focussed
  • Be enthusiastic and versatile and be able to build, develop and maintain good working relationships with colleagues


The key responsibilities of this role are:


REPORTING & ANALYSIS

  • Ensure accuracy of the monthly cost position in your areas of responsibility via robust oversight of expected and actual costs
  • Understand and explain variances from forecast, what actions are being taken to address or mitigate areas of overspend, and what risks and/or opportunities remain
  • Support investment (capex) decision making, ensuring a robust review of all relevant factors including cost/benefit analysis as appropriate
  • Monitor capex spend vs approved amounts to ensure spend is on track, driving business action and updating forecasts as appropriate
  • Working closely with the business to maintain an up-to-date view of current, upcoming, and potential F1 car development projects (aerodynamic and mechanical)
  • Tracking costs against all live projects, with variance analysis against initial project estimates, and using this to maintain a rolling forecast of anticipated full year position to support decision-making around potential future development and cost cap management
  • Lead the budget & forecasting processes for technical areas, and work closely with the Supply Chain FBP in relation to budgeting and forecasting, and planning for total car production costs
  • Perform regular, robust, and consistent reporting to the business for car development, including a formal weekly report and live “self-serve” data, ensuring the business is aware of emerging cost vs original forecast assumptions with rationale for variations

OPTIMISING SPEND & DRIVING IMPROVEMENTS

  • Perform ad-hoc analysis on focus areas to identify opportunities to eliminate waste and/or achieve efficiencies in technical areas, providing robust challenge and support to the business to drive action & deliver improvements
  • Increase awareness of cost and understanding of cost drivers & risks/opportunities across your areas of responsibility
  • Assess the cost/benefit equation of potential development projects in consideration of relevant factors (e.g. performance benefit, time, resource, materials, cost-cap, other)
  • Use this analysis to inform the decision-making process and guide the business accordingly, supporting and influencing F1 car development programmes and facilitating optimal and agile decisions
  • Work collaboratively and proactively with business and project teams in any system improvement/ implementation programmes to ensure the resulting solution facilitates top class business partnering
  • Apply a continual improvement mindset to proactively identify further business partnering opportunities

TEAM

  • Work cohesively within the FBP team, applying a flexible approach and supporting each other to ensure all obligations are fulfilled accurately and to schedule, and all business stakeholders needs are met
  • Provide cover for other FBPs during periods of absence
  • Assist wider members of the Finance team with ad-hoc requests to support the business when required


Aston Martin Formula One Team is committed to attracting, recruiting and retaining the most talented individuals, regardless of age, disability, gender identity, gender expression, gender reassignment, marital or civil partnership status, pregnancy or maternity, race, religion, belief, sex or sexual orientation. We strive to be a Team that reflects all the communities with which we engage around the world through diversity in the workplace and promoting an inclusive culture in which all team members are respected, empowered and valued.

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