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Finance Business Partner (Car Programme)

The Finance Business Partner for our Car Programme plays a critical role in enabling car delivery. This role supports the engineering, manufacturing and racing teams through design, build and racing providing analysis, insight and support for strategic decision making.

 

Decision Making & Support

·       Build strong relationships with stakeholders to effectively collaborate, influence and challenge the car programme in support of wider organisational goals

·       Navigate financial opportunities and risks by integrating into and having a good understanding of the strategic objectives, people and processes in these areas, working together to problem solve

·       Provide training and support to stakeholders to enhance financial acumen and understanding

 

Planning & Analysis

·       Work together with the Programme Director and other stakeholders in the preparation and review of annual operating plans, budgets, rolling forecasts, upgrade appraisals and post-race reviews

·       Develop relevant hurdle rate to optimise cost versus performance

·       Drive scenario planning and sensitivity analysis including attrition forecasting and tracking

·       Collaborate with Planning, Cost Engineers and Inventory Accountant to report the cost variance of car parts/assemblies alongside correlation with performance

·       Convert financial trends and analysis into valuable insights and actions

 

Cost Management

·       Optimise the value of spend restricted by the Financial Regulations supporting with make versus buy analysis and help drive internal efficiency improvement projects

·       Support Procurement with supplier selection, contract optimisation and relevant financial modelling

·       Challenge the status quo leading on cost cap optimisation initiatives to drive competitive advantage

 

Performance Tracking

·       Provide meaningful financial reporting specifications and support with stakeholder understanding of these reports

·       Track and report KPIs to measure performance and identify areas for improvement

·       Ensure quality of data within finance systems including working with broader finance to develop improvements where necessary

 

Continuous Improvement

·       Stay updated on industry-specific and finance developments and identify opportunities to enhance existing processes

 

 

Required Skills

 

·       At least 3 years PQE relevant working experience

·       Experience working with multiple stakeholders across different departments in a dynamic, fast-paced environment

·       Experience of manufacturing and engineering environment is desirable but-not-essential

·       Able to communicate financial matters to the business with clarity and transparency demonstrated through strong presentation skills

·       Experience working under pressure and managing competing demands

·       Excellent attention to detail

·       Able to provide examples where the status quo has been challenged and the positive impact or outcome on the business in a manufacturing environment

·       Ownership for identifying and providing solutions for financial issues

·       Able to demonstrate examples of leading on cost reduction initiatives and their success

·       Enjoys working both autonomously and as part of a team

·       Willingness to use latest business intelligence tools (e.g. Microsoft Power BI) to interrogate data, problem solve and provide and provide recommendations

·       Tenacious, reliable and flexible attitude to work

Average salary estimate

$85000 / YEARLY (est.)
min
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$75000K
$95000K

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What You Should Know About Finance Business Partner (Car Programme), Cadillac Formula 1 Team

Are you ready to step into a pivotal role as the Finance Business Partner for our Car Programme? At our company, you will play an instrumental part in enabling the seamless delivery of our cars by bridging the gap between finance and engineering, manufacturing, and racing teams. Your efforts will directly support the design, build, and racing operations through insightful analysis and strategic decision-making. We’re looking for someone who thrives on building relationships and influencing stakeholders while navigating financial opportunities and risks in line with our organizational goals. Your expertise will shine through when assisting in the preparation of operating plans, budgets, and forecasts, providing comprehensive training to enhance financial acumen. As you collaborate with various teams, you will also drive performance tracking and continuous improvement initiatives. We value a proactive mindset that challenges the status quo and seeks ways to optimize costs, ensuring that our financial reporting is meaningful and transparent. If you’ve got at least 3 years of relevant experience and are adept at managing relationships in a dynamic environment, this could be the exciting opportunity you’ve been waiting for. Join us and use your skills to make a real impact in the world of motorsports and manufacturing!

Frequently Asked Questions (FAQs) for Finance Business Partner (Car Programme) Role at Cadillac Formula 1 Team
What are the main responsibilities of a Finance Business Partner at our Car Programme?

The Finance Business Partner for our Car Programme is tasked with enabling car delivery through effective financial analysis and support for engineering, manufacturing, and racing teams. Key responsibilities include building relationships with stakeholders, guiding strategic decision-making, supporting the planning and analysis of budgets, conducting cost management initiatives, and ensuring accurate performance tracking.

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What qualifications are needed for the Finance Business Partner role in the Car Programme?

Candidates for the Finance Business Partner position should have at least 3 years of relevant post-qualification experience. Expertise in communicating financial matters clearly, managing multiple stakeholder relationships in a fast-paced environment, and preferably experience in manufacturing or engineering sectors are highly valued attributes for this role.

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How does the Finance Business Partner contribute to decision-making in the Car Programme?

In the role of Finance Business Partner, you will play a critical part by integrating financial insights into the strategic objectives of the Car Programme. This includes navigating risks and opportunities, training stakeholders in financial acumen, and conducting thorough analysis to facilitate informed decision-making across various teams.

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What financial tools or technologies should a Finance Business Partner be familiar with?

A Finance Business Partner at our Car Programme is encouraged to be proficient with the latest business intelligence tools, such as Microsoft Power BI. Familiarity with these tools will assist in data interrogation and provide valuable recommendations that enhance financial processes and reporting.

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What kind of work environment can a Finance Business Partner expect in the Car Programme?

The environment for a Finance Business Partner in our Car Programme is dynamic and fast-paced, requiring the ability to work under pressure while managing competing demands. You'll collaborate closely with various teams, ensuring clarity in financial communications and promoting continuous improvement throughout the process.

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Common Interview Questions for Finance Business Partner (Car Programme)
Can you describe your experience working with multiple stakeholders in a finance role?

When answering this question, focus on specific scenarios where you've successfully collaborated with cross-functional teams. Highlight your ability to communicate financial concepts clearly and how these collaborations led to successful outcomes or improvements.

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How do you approach financial analysis in a high-pressure environment?

It's important to showcase your organizational skills and resilience. Explain your methods for prioritization under pressure, maintaining quality in your analysis, and drawing insights from complex financial data, especially when tight deadlines are involved.

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Describe a time you challenged the status quo in your finance role.

Highlight a situation where you identified an inefficiency or cost reduction opportunity. Discuss the steps you took to propose and implement changes, emphasizing the positive impact it had on the organization.

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What methods do you use for budgeting and forecasting?

Discuss specific budgeting techniques you are familiar with, such as zero-based budgeting or rolling forecasts. Explain how you incorporate stakeholder feedback and market analysis into your forecasting methods to ensure accuracy.

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Can you provide an example of successful cost reduction initiatives you've led?

When answering this question, share a detailed example where your leadership in a cost reduction initiative resulted in measurable savings for the organization. Highlight your strategic thinking and the engagement of stakeholders in the process.

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How do you ensure the accuracy of financial reports?

Explain your attention to detail and systematic approach to validating financial data. Discuss the checks you have in place to cross-verify data from different sources to ensure that reports are accurate and reliable.

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What challenges do you foresee in the Finance Business Partner role, and how would you address them?

Reflect on potential challenges such as competing stakeholder interests or rapidly changing market conditions. Discuss proactive strategies you would implement to navigate these challenges, demonstrating your foresight and problem-solving capabilities.

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How do you use technology to enhance financial processes?

Share your experience with financial software and business intelligence tools. Describe specific technologies you've used to automate reporting, analyze data more efficiently, or enhance collaboration among finance teams and other departments.

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What key performance indicators (KPIs) are most important to track in the Car Programme?

Discuss relevant KPIs such as cost variance, return on investment, and project timelines that are crucial for performance tracking in the Car Programme. Explain how these metrics align with strategic goals and how you would track and report on them.

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How do you stay updated on financial and industry trends?

Emphasize the importance of continuous learning. Mention resources such as industry journals, finance seminars, and networking with professionals in your field to keep abreast of emerging trends and best practices.

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Cadillac is a division of the American automobile manufacturer General Motors Company (GM) that designs and builds luxury vehicles. Its major markets are the United States, Canada, and China. Cadillac models are distributed in 34 additional market...

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Full-time, remote
DATE POSTED
April 8, 2025

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