Finance Analyst - Product Development

McLaren Automotive Limited; Woking; Hybrid; GBP 50,000 - 65,000; Full time

Benefits offered by this job

25 days holiday

Enhanced pension scheme

Discretionary annual bonus

Private medical insurance

Life assurance

Sabbatical after 2 years' service

Employee discounts

Parental leave

Wellbeing programme

Job summary

McLaren Automotive Limited is seeking a Finance Analyst to oversee financial support and reporting for Product Development across Engineering and Vehicle Line Delivery, collaborating with the teams designing our luxury performance vehicles.

You will partner on a major vehicle programme, supporting budgets, capital spending oversight, and month-end close while enabling stakeholders with robust reporting and forecasts. A strong accounting mindset and automotive passion help you excel in this role.

Qualifications

• Experience in maintaining reporting structures and adapting to structure change.
• Strong system skills including SAP and MS Office, particularly Excel (Pivot tables, IndexMatch, Power Query, etc).
• Demonstrate a team supporting mindset with the ability to take on new challenges with effective execution.
• Excellent interpersonal and networking skills coupled with the ability to build strong and lasting relationships with internal stakeholders.
• Time management and organizational skills, with an adaptable and flexible working style.
• A self-starter who can work independently with minimal support but can also work in a team environment.
• Able to work under pressure yet deliver on time with attention to detail and accuracy.
• Confident in questioning the validity of information and in offering ideas and solutions.
• Demonstrate an ability and desire to progress through business.
• Ability to work with and influence colleagues at all levels of the organisation.
• Passion for the automotive industry
• Persistence and drive to get the job done

Responsibilities

• Lead Business partner for one major vehicle programme, with additional minor projects, working closely with Programme Management, Functional Engineering and Purchasing to report performance against targets.
• Support the approval of budgets at shareholder level and drive accountability at budget holder level.
• Manage capital budgets for one major vehicle programme and ensure appropriate approvals.
• Support month end, including journal preparation and management accounts commentary.
• Challenge stakeholders to drive accountability and provide tools to track progress and budgets.
• Prepare programme KPI reporting across profitability and present to senior leadership.
• Prepare monthly internal forecasts for input into wider forecasting tools and process.

Skills

SAP

Excel

Pivot tables

Power Query

Stakeholder management

Time management

Self-starter

Attention to detail

Tools

MS Office

Job description

As a Finance Analyst, you will be overseeing many aspects of financial support and reporting for Product Development across Engineering and Vehicle Line Delivery, working closely with the teams who design our future luxury performance vehicles.

What You'll Do

• Lead Business partner for one major vehicle programme, with additional minor projects, working closely with Programme Management, Functional Engineering and Purchasing to report the performance against programme targets throughout the programme gateways from concept to production
• Supporting the approval of budgets at shareholder level and driving accountability at budget holder level
• Managing capital budgets for one major vehicle programme. Ensuring appropriate level of approval is delivered across capital spending and material cost.
• Support of month end, including assisting with journal preparation and contribution to the monthly management accounts commentary
• Challenge stakeholders to drive accountability, as well as providing them with the tools necessary to track progress against their financial targets and allow them to keep within agreed budgets
• Preparation of programme key performance indicator reporting across all aspects of programme profitability and presentation to senior leadership
• Preparation of monthly internal forecasts for input into the wider business forecasting tools and process

What You’ll Bring

• Experience in maintaining reporting structures and adapting to structure change, comfortable with large volumes of data
• Strong system skills including SAP and MS Office, particularly Excel (Pivot tables, IndexMatch, Power Query, etc)
• Demonstrate a team supporting mindset with the ability to take on new challenges with effective execution
• Excellent interpersonal and networking skills coupled with the ability to build strong and lasting relationship with internal stakeholders
• Time management and organisational skills, with an adaptable and flexible working style
• A self-starter who can work independently with minimal support but can also work in a team environment
• Able to work under pressure yet deliver on time with attention to detail and accuracy
• Confident in questioning the validity of information and in offering ideas and solutions
• Demonstrate an ability and desire to progress through business
• Ability to work with and influence colleagues at all levels of the organisation.
• Passion for the automotive industry
• Persistence and drive to get the job done

What We’ll Do for You

We offer a wide – ranging benefits package, which includes:

• 25 days’ holiday, plus bank holiday. Annual buy & sell up to five days
• Enhanced company pension scheme
• Discretionary annual bonus award
• Private medical insurance and health cash plan
• Life assurance benefit
• Ability to apply for a sabbatical of up to one year after only two years’ service
• Benefits you can adapt to your lifestyle, such as discounted shopping
• Generous parental leave policies
• A range of wellbeing initiatives, such as employee assistance programme and free financial & mortgage advice

Who Are We?

No restraints. No limitations. We don’t simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars.

It takes a community to do what we do. A diverse group of people with many areas of expertise, united by their passion to deliver visionary products and set new benchmarks.

McLaren Automotive commits to equal opportunity for all. Diversity, Equality and Inclusion is at the heart of our impact, it drives our innovation and enables us to truly create something special. Join us on our journey.