Cost Analysis Industrial Placement
Brackley, UK
At The Mercedes-AMG Petronas Formula One Team we are a team of passionate and enthusiastic people who work together to design and develop 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 one of the Senior Cost Analysts you will be supporting the Cost Analysis team with their cost cap compliance activities working closely with other Cost Analysts in the Design Office, Operations, the Race Team, and the Finance Team. With the new Financial Regulations now firmly in place, it is essential that we remain financially sustainable and compliant, whilst maximising our cost efficiency. This is an ideal position for an inquisitive student to gain valuable experience in the financial activities in the operational and engineering areas of a world leading motorsport team.
Key Accountabilities:
Being mentored by one of the Cost Analysts, you will:
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Support the Cost Analysis Department as well as operational and technical areas with a variety of cost cap related activities. This will include:
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Costing data quality improvements and data analysis
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Process optimisation and automation.
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Identifying cost saving opportunities
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FIA / Finance reporting
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Non-F1 activities
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Work with Finance and other Cost Analysts to ensure consistency of approach and methodologies, aligning processes and standardising practices.
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Have a comprehensive understanding of the F1 Financial Regulations.
Successful candidates will have:
Essential:
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At least one year left on their studies at the time of taking up the placement in July 2025.
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Strong analytical skills, confident with numerical analysis and good communication and negotiations skills. These are required to work well with different functions across the organisation.
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A self-motivated, team player that is passionate about working for our team and has a winning mindset.
Desirable:
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Process mapping and optimisation experience would be beneficial.
Skills you could gain from your placement include:
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The use of tool to present data in a more efficient and desirable way.
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Understanding and problem solving.
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Cross functional communications.
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, private medical cover, annual heath assessments, life assurance, free onsite gym and 25 days holiday. We pride ourselves on our family-friendly environment and employee well-being programmes.
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.
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.
We welcome applications from everyone and are committed to attracting, recruiting and retaining the best and most talented individuals.
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.
Online Testing:
As part of the application process, you will be required to complete the following tests (if you have not completed them within the last 6 months)
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Psychometric Testing: Factors
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Psychometric Testing: Logiks Intermediate