Finance Analyst - Series BoM & Procurement

MCLAREN AUTOMOTIVE LIMITED; Woking; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading automotive company in Woking is looking for a Finance Analyst to oversee financial support and reporting for production costing. Responsibilities include preparing forecasts, conducting variance analysis, and supporting budget approvals. Ideal candidates should have strong skills in SAP and Excel, alongside excellent interpersonal abilities. This role offers a comprehensive benefits package and career development opportunities.

Benefits

25 days' holiday plus bank holidays

Enhanced company pension scheme

Discretionary annual bonus

Private medical insurance

Life assurance benefit

Sabbatical opportunities

Wellbeing initiatives

Qualifications

• Experience in maintaining reporting structures and adapting to structure changes.
• Strong system skills in SAP and MS Office, particularly Excel.
• Ability to work independently and in a team environment.

Responsibilities

• Prepare monthly internal forecasts for business forecasting.
• Perform variance analysis and investigate purchase price variance.
• Assist with month-end activities and support budget approvals.

Skills

Reporting structure management

SAP

MS Office (Excel)

Interpersonal skills

Time management

Analytical mindset

Job description

What to Expect

As a F inance Analyst, you will be overseeing many aspects of financial support and reporting for series production bill of materials costing , working closely with the teams who design & procure our current luxury & performance vehicles.

What You'll Do

Prepare monthly internal forecasts for input into the wider business forecasting tools and process. Prepare programme key performance indicator reporting across all aspects of BoM cost and present it to senior leadership. Challenge stakeholders to drive accountability, and provide them with the tools necessary to track progress against their financial targets and stay within agreed budgets. Assist with month-end activities, including journal preparation and contribution to the monthly management accounts commentary. Support the forecast and approval of budgets at the shareholder level and drive accountability at the budget holder level. Lead Bill of Material analysis for all series production vehicles, including variance analysis by causal factor, and investigate purchase price variance with comparison to annual budgets and forecasts.

What You'll Bring

Knowledge, skills & experience:

• 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

Personal attributes:

• Excellent interpersonal and networking skills coupled with the ability to build strong and lasting relation ship with internal stakeholders
• Time management and organisational skills, with an adapt able 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 a ttention to detail and accuracy
• Confident in questioning the validity of information and in offe ring 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:

• Structured career development framework
• 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.