Finance Business Partner - After Sales Automotive

Lotus UK; Halton Hills; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

Lotus UK seeks a Financial Support professional for the After Sales division, responsible for delivering accurate financial reports and managing budget controls. The ideal candidate will have a strong analytical background and accounting qualifications, with hands-on experience in financial planning. This role offers hybrid working flexibility, competitive benefits including healthcare, and a chance to contribute to an iconic automotive brand's evolution.

Benefits

25 days holiday plus bank holidays

6% pension contribution

Discretionary annual bonus scheme

Private Healthcare

Employee Car Ownership Scheme

Paid time off for medical appointments

Qualifications

• Minimum 5 years of experience in business data analysis.
• Knowledge of statutory reporting and UK Financial Reporting Standards.
• Experience in a complex business environment and financial appraisals.

Responsibilities

• Monthly expense accrual, actual revenue & cost reconciliation.
• Budget consolidation, variance explanation, and submission.
• Stock inventory reconciliation and vehicle warranty accrual management.

Skills

Analytical skills

Problem solving

Financial planning

Collaboration

Education

ACMA/ACCA/ACA qualified accountant

Job description

Lotus Cars builds world-class, high-performance and lightweight sports cars that are sold all around the world.

Summary:

You will be responsible for delivering quality financial support to the overseas After Sales division of a luxury automotive brand andensure that timely and accurate financial information is clearly presented, explained, and effectively used to deliver the monthly reporting pack, annual budget, quarterly forecasts and longer-term strategic aims of the Group.

You will be responsible for ensuring consistent financial support to all colleagues, with a strong reliance placed on the production of monthly rolling forecasts, balance sheet reconciliation and cashflow management; with positive and adverse variances being clearly understood.

What you'll do:

• Monthly expense accrual, actual revenue & cost reconciliation and analysis
• Monthly Budget/FCST consolidation, variance explanation, submission on time and budget control incl. Opex/capex
• Monthly stock inventory reconciliation and management including inbound, outbound, stock counting report per SOX requirement
• Vehicle Warranty accrual / claims reconciliation / consumption analysis / Campaign activities finance support
• Regular/Annual warranty accrual amount review and approval process support
• Coordinate yearly parts and accessories price strategy and transfer price approval
• Work with counter party to deal with related-party transaction including warranty recharge, invoicing, payment etc.
• Dealer credit limit control and analysis
• Support Audit, Sox and Internal Control including auditing materials submission, process improvement and inter risk control
• Others to be required like system UAT support, dealer urgency parts shipment support, SAP reconcile etc.

What you'll bring:

Essential:

• You will have minimum 5 years experiences in business data analysis and must be ACMA/ACCA/ACA qualified accountant.
• Must have some knowledge of statutory reporting and of UK
  Financial Reporting Standards.
• You must be able to deliver effective services through collaborative working, being flexible and responsive, yet able to focus all parties on delivery.
• Possesstrong analytical and problem solving skills and able to understand and handle complex financial data to support business decision making. You need to understand the specifics of retail and whole sale of automotive industry.
• You will liaise with all departments and companies across the group.
• Must have experience of financial planning and analysis in a complex business environment.
• You must have experience of undertaking and evaluating financial appraisals for new/existing activities or opportunities.

Desirable:

• Auto industry background will be desirable.

What we offer:

In addition to a competitive salary, you will have access to the following benefits:

• 25 days’ holiday plus bank holidays
• 6% pension contribution
• Discretionary annual bonus scheme, based on your contribution and the performance of the company
• Private Healthcare
• Access to the Employee Car Ownership Scheme
• Group income protection based on length of service
• Paid time off for medical appointments
• Family Friendly policies
• Exclusive Employee discount, wellbeing and recognition platform #ForUSLOT

Additional Information:

• This role will be working from our Coventry office. This role will be Hybrid working, however there will be an expectancy to work a minimum of 3 days per week in the Coventry office.
• Travel might be required to visit different entities. Applicants must therefore possess the ability to travel freely without restrictions.

Our Company:

Group Lotus is a leading sports car manufacturer with a 75-year long history of iconic designs, ground breaking engineering and legendary victories on the F1 track. Today we are transforming into a truly global performance car brand focused on the electrical future. In 2022 we launched the Eletre, the world’s first all-electric hyper-SUV, and in 2023 Emeya, our fully-electric Hyper-GT.

As part of the Lotus team, you push boundaries. Those of the car industry and of your own. Every member of the Lotus family has some of the pioneering mindset of founder Colin Chapman in them.

We're not just a car company; we're a diverse mix of talent from all walks of life. At Lotus, we firmly believe that diversity and inclusion are not just buzzwords but essential pillars of a thriving and successful organization. We welcome applications from individuals of all backgrounds and are dedicated to providing reasonable adjustments during the interview process. If you require any special assistance or adjustments, please let us know in advance so we can ensure a fair and accessible interview experience. Our goal is to create an environment where everyone can thrive.

Do you want to know what Sophisticated, Rebellious and Pioneering mean for Lotus? Come and take a look at our career site and join the incredible adventure:

STEP OUTSIDE THE ORDINARY - Lotus Cars