MoneyGram Haas F1 Team is unique – on and off the track. We don’t follow the status quo and we’ve made a name for ourselves as the team who does things differently. You might’ve seen us on Netflix or know that we’re the only American-owned team on the Formula 1 grid, but we’re also more than that.
We have three HQs – Kannapolis in the US, Banbury in the UK and Maranello in Italy – each staffed by passionate, loyal and hardworking advocates. At Haas, you’ll be involved in many different areas of the team, an assortment of projects and plenty of hands-on experience while collaborating with some of the best minds in the world.
Yes, you’ll learn from us, but we expect to learn from you too!
General Summary:
This position reports to the Chief Financial Officer or their designee; and is located in Banbury, UK. This role manages the Financial Planning & Analysis (FP&A) processes for the team and plays a significant part in the reporting & ongoing compliance with the FIA Financial Regulations. This role has one direct report, the Assistant Finance Business Partner.
General Responsibilities:
- Provide mentoring, training, and guidance to help develop direct reports including the use of effective performance reviews and development plans.
- Promote teamwork and effective communications to develop working relationships between all personnel and departments.
- Assumes any responsibilities and duties delegated by the Chief Financial Officer or his designee.
Key Responsibilities:
Budgeting & Forecasting
- Leads the FP&A processes for the team throughout the year, such as the annual budget and quarterly forecasts. Including assumptions, timelines, templates and reporting.
- Prepares month end reporting analysis for senior management with detailed commentary on revenue, contracts, departmental expenses, capex & headcount actuals vs budgets/forecasts.
- Continuously develops Power BI reporting capabilities for the finance team to streamline the analysis of performance against budgets and forecasts.
- Prepares ad hoc financial analysis.
Business Partnering
- Leads monthly budget review meetings highlighting potential financial risks or opportunities.
- Provides timely financial analysis to budget holders enabling effective decision making.
- Proactively engage with budget holders to drive improvements and support budget holder initiatives.
FIA Financial Regulations
- Prepares interim & full year reporting for the FIA Financial Regulations.
- Review monthly expenditure to ensure accurate reporting of exclusions and adjustments.
- Continuously develop processes to ensure the accurate reporting on all FIA Financial Regulation matters.
- Liaises with external auditors on Agreed Upon Procedures process.
- Liaises with the FIA Cost Cap Administration to help ensure compliance.
Other
- Prepares or reviews month end activities.
- Follow all safety regulations in all venues.
Education and Work Experience:
ACA, ACCA or CIMA qualification preferred with 5 years of post-qualified work experience. A suitable grounding in accounting principles and an understanding of FRS 102 and group accounting preferred.
Specialized Knowledge and Skills:
- Demonstrate a high degree of professionalism, communication and confidentiality.
- Be flexible and opened minded when dealing with problems.
- Highly motivated and keen whilst also being able to work under time pressures to meet monthly reporting and filing deadlines.
- Excellent organizational and planning skills, be a proficient user of Microsoft Excel.
- Knowledge of Microsoft D365 and Power BI preferred will be beneficial.
Work Environment Physical Demands:
An ability to work and prioritize within a high pressure, time sensitive environment while retaining a methodical approach is essential. The role may require some occasional domestic & international travel and a willingness to work long and flexible hours including weekends.
This position may require lifting to 50 pounds, repeated bending, squatting and manual dexterity. Fast-paced work environment requiring heavy mental demands. Work environment includes machinery, race cars, 7-post and other rigs, grinding debris, and hazardous fluids. All employees must ensure compliance with the Company Health and Safety Policy, and all relevant other statutory Health and Safety legislation.
This job description may not detail some less major duties, nor cover duties of a similar nature, which may from time to time be reasonably required by the relevant manager.
At MoneyGram Haas F1 Team, we consider our employees our greatest asset. We strive to create a supportive and inclusive work environment where everyone can thrive and grow. We value diversity and encourage our employees to bring their unique perspectives and experiences to the conversation. Diversity, Equality, and Inclusion are fundamental to who we are as a company and a collective of colleagues. Our commitment to these ethics is steadfast and this promise travels with us wherever we are in the world.
We look after our team with multiple rewards packages, competitive bonuses and year-round health and wellbeing programs, providing you with the tools to motivate and perform at your best.
If you’re passionate about competition, technology and teamwork, then working at MoneyGram Haas F1 Team could be the perfect fit for you. Motorsport is a dynamic and exciting industry that offers a wide range of opportunities for those who are willing to put in the hard work and dedication required to succeed. Working at MoneyGram Haas F1 Team is a highly rewarding experience, as you become a crucial member of a team that is constantly pushing the boundaries of what’s possible and striving for excellence in everything we do.
Join our team and make your passion your profession.
Notice
Due to the nature of the organisation, all employees of MoneyGram Haas F1 Team are required to be security cleared to National Security Vetting standards. If successful in your application, we would support you with the NSV process. As a guideline only, you would normally need to have been a UK resident for the last 5 consecutive years. Further confirmation can be found on the Civil Aviation Authority National Security Vetting (NSV) website https://www.caa.co.uk/Commercial-industry/Security/Vetting/National-security-vetting/
If you have not been a UK resident for the last 5 consecutive years, please be prepared to request an Overseas Criminal Records Check for these countries as you will be asked to provide this for referencing and security checks if you are successful.