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Job listing closed on 1 Dec 2023
1 Nov 2023

Finance Graduate

🇬🇧 Silverstone, UK
Full Time
0+ 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 Graduate.


The Successful candidate must have the following knowledge and skills:


  • 2.1 in a Finance related degree
  • Excellent organisational skills
  • Outstanding communication and interpersonal abilities with ability to challenge effectively across departments
  • Analytical mind-set and an eye for detail, capable of working quickly to a high standard of accuracy
  • Uses problem solving and decision making skills
  • Be enthusiastic and versatile and be able to build, develop and maintain good working relationships with colleagues
  • Be curious and proactive in approach with the ability to identify issues and drive actions through to conclusion
  • High energy and resilience, with ability to manage multiple priorities and perform effectively under pressure


The key responsibilities of this role are:


CORE PLACEMENTS

Year 1 – Finance Analyst – Insights & Reporting

  • Support the production of timely, insightful, and accurate management reporting for the business and preparation of the leadership and department reporting packs which cover monthly performance, quarterly forecasts and Budgets – ensuring all department owners have access to timely, reliable and insightful reports on demand.
  • Development of a new reporting suite – promoting the use of tools including Power BI across the wider organisation, to enable more automated, insightful information, whist ensuring consistency in approach for the wider team. Integration of key KPI’s, including operational metrics, so dashboards can be utilised by Finance Business Partners and the entire business to drive decision making and ensure performance objectives are realised.
  • Working closely with the Business Partnering Function to determine department reporting needs, building relationships with wider stakeholders and be seen as a key enabler by the wider finance team.

Year 2 – Assistant Finance Business Partner

  • Ensure accuracy of the monthly cost position in your areas of responsibility via robust oversight of expected and actual costs
  • Ensure POs and invoices are coded correctly onto the P&L or balance sheet through regular review of invoices with accounts payables and cost centre reviews to check for incorrect postings
  • Post any relevant prepayments/accruals/ other accounting entries as part of the month end process
  • Perform variance analysis during and following the month end process for cost centres in your area of responsibility, capturing key drivers for variances from forecast and highlighting risks and opportunities
  • Ownership of the preparation of balance sheet reconciliations and support with audit process
  • Maintain robust records of all calculations/data inputs, including movements between forecast points to support agile reporting and trend analysis
  • Support with data/analysis as needed for FIA cost reporting
  • Support the FBPs with ad-hoc analysis to identify opportunities to eliminate waste and/or achieve efficiencies
  • Provide business partnering for your areas of responsibility, supporting the business to drive action & deliver improvements
  • Apply a continual improvement mindset to proactively identify further business partnering opportunities

OTHER RESPONSIBILITIES

  • Work cohesively within the Finance 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 team during periods of absence
  • Assist wider members of the Finance team with ad-hoc requests to support the business when required

GRADUATE PROJECTS

  • Core role to be supplemented by projects across the 2 year development programme, which focus on driving insight to the wider organisation and/or process improvement which supports our wider transformation agenda. Due to the fast moving nature of our business and industry, graduate projects will be driven by business need and aligned to the development needs of the individual, which could focus in the following areas:
  • Development of our new Non-F1 Organisation, supporting the business plan and ensuring compliance with FIA TD45 regulations
  • Supporting the implementation of a new ERP system, helping the team optimise functionality and drive automation wherever possible
  • Reviewing and improving processes and controls to support our internal policies and governance, whilst simplifying for finance and external stakeholders

STUDY SUPPORT

  • We will support with study towards a professional qualification (ACA/ACCA/CIMA) in line with our student policy, with the expectation that the finance graduate will make significant progress during the 2 year programme. Study plan to be supported and reflected in personal development plan.


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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