Senior Finance Analyst - Cost Cap

Fortescue; Kidlington; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Fortescue Zero is seeking a Senior Finance Analyst to ensure financial integrity and compliance within the Formula E team. The role involves monitoring expenditures, ensuring adherence to cost cap regulations, and supporting financial best practices within a dynamic team. This position offers an exciting opportunity to merge finance with motorsport, balancing compliance with racing goals in a rapidly expanding environment.

Benefits

Fortescue Zero bonus scheme

Aviva Pension

Group Life Assurance

Health Cash Plan

Private Medical Insurance

26 days holiday plus public holidays

Free on-site gym access

Qualifications

• Minimum 3 years post qualification experience required.
• Experience in the motorsport industry is advantageous.
• Audit experience is helpful.

Responsibilities

• Ensure compliance with cost cap regulations.
• Monitor team expenditure and adherence to budgets.
• Support budget and forecasting processes for Formula E projects.

Skills

Financial analysis

Data interrogation

Education

Qualified accountant (ACA, ACCA, CIMA or equivalent)

Tools

ERP systems

Excel

Job description

The Power of Now

Fortescue Zero's mission is to be the world leader in zero emission power systems. We are developing and manufacturing the technologies needed to decarbonise our planet. We are expanding across the geographies of UK, US and Australia and becoming a global company. As part of Fortescue, our vision is to be the number one integrated green technology, energy, and metals company.

An opportunity has arisen for a Senior Finance Analyst - Cost Cap to join the Finance department in a rapidly expanding and exciting work environment.

About the role

A key role within the Finance team, ensuring the financial integrity and compliance of the Formula E team with cost cap regulations, whilst also supporting Fortescue Zero to balance this effectively with the goals and objectives of motorsport racing.

What you will do

• Work closely with the Formula E team and other internal stakeholders to ensure compliance with the cost cap regulations set forth by the FIA.
• Stay abreast of the latest cost cap regulations and guidelines, ensuring that all financial practices align with the governing body's requirements.
• Monitor and analyse team expenditure, ensuring adherence to budgetary constraints and identifying potential cost overruns.
• Develop strong relationships with internal and external stakeholders, bridging the gap between racing goals, wider business goals and compliance requirements.
• Support the monthly reporting process of Fortescue Zero, catching discrepancies and investigating key variances in a timely manner for the Formula E projects, improving data quality for cost cap compliance purposes.
• Provide guidance to the internal team on financial best practices to ensure ongoing compliance.
• Support the budget and forecasting process for the Formula E projects, identifying ways Fortescue Zero can best track against cost cap requirements, identifying issues and resolving them quickly.

About you

• Qualified accountant (ACA, ACCA, CIMA or equivalent) with at least 3 years post qualification experience.
• Proven experience in financial analysis, challenging norms and driving new ideas.
• Proficient with ERP systems and Excel, interrogating data and unravelling transaction trails to problem solve.
• Experience in audit (statutory or internal) would be helpful in this role but is not critical.
• Experience in the motorsport industry would be advantageous but is not essential.

What's in it for you?

Our typical hybrid roles at Fortescue Zero require 3 days in the office and 2 from home, making the ability to commute to the stated office location for the required days essential.

• Fortescue Zero bonus scheme
• Aviva Pension
• Group Life Assurance
• Group Income Protection
• Electric Car Scheme
• Health Cash Plan
• Employee Assistance Programme
• Private Medical Insurance
• 26 days holiday plus public holidays and the opportunity to purchase an additional 5 days per year
• Childcare Benefits
• Free on-site gym access and discounted national memberships

Our Commitment

Not near-zero

Not net-zero.

We are Fortescue Zero

Additional Information

Please note, if you are applying for a role which involves having access to personal data, you will be subject to a background check. Where checks are unsatisfactory or incomplete and/or a failure to reveal information relating to convictions that you are required to identify as part of the background checks, could lead to withdrawal of an offer of employment.

Fortescue celebrates individual strengths and team members are encouraged to bring their whole selves to work. Our global workforce drives and promotes an inclusive culture, both within our organisation and throughout the communities we interact with. Diverse backgrounds include First Nations Peoples, people with disabilities, LGBTQ+ community, gender, neurodiverse, cultural diversity, all age groups, and those with an intersectional or multiple diverse characteristics. We encourage candidates from all backgrounds to apply.

https://fortescue.com/careers

Internal Candidates / Current Contractors please apply via Success Factors Careers Portal. For further information on how to apply please visit the Fortescue Hub.

Fortescue reserves the right to close applications early should a suitable pool of candidates be identified. Fortescue will never contact you to ask for payment of any kind, whether directly or through a third party.