Financial Regulations Business Partner

Cadillac Formula 1 Team; Three Rivers; On-site; GBP 50,000 - 90,000; Full time

Job description

Description

Cadillac Formula 1 is excited to be on the grid for the 2026 FIA Formula One World Championship. Our new team is gearing up for rapid growth. To achieve our goals, we need to create and sustain a high-performance culture in every area. We have ambitious plans to build an outstanding operation that can compete at the highest level.

From exceptional Engineering and Design talent to a world-class race team, supported by specialists in off-track roles - we are assembling the expertise needed to drive this operation forward and compete at the highest level.

Being a part of this team, will accelerate your career. Take a closer look at the role:

Job Description:

The Financial Regulations Business Partner plays a critical role in ensuring adherence to the FIA Cost Cap regulations, safeguarding the financial integrity of the organisation while maximising performance within regulatory boundaries. This role involves close collaboration with finance, technical, and operational teams to monitor and manage cost cap compliance, prepare regulatory submissions, and implement best practices for financial governance.

What you will be doing:

Controls & Reporting

• Lead the FIA Cost Cap regulations submission process, ensuring they meet all regulatory requirements.
• Monitor financial activities and establish internal controls to ensure compliance with cost cap requirements, identifying and working with the organisation to mitigate potential breaches.
• Develop and maintain detailed tracking systems to monitor spend against the cost cap in real-time.
• Liaise with the FIA and other regulatory bodies on cost cap matters, including submissions, audits, and queries.

Monitoring & Risk Management

• Perform regular internal audits to ensure that spending is in line with cost cap guidelines, identifying areas of non-compliance and recommending corrective actions.
• Investigate any discrepancies, irregularities, or non-compliant expenditures and work with relevant teams to resolve issues promptly.
• Monitor ongoing projects and initiatives to ensure that they remain within cost cap constraints.
• Produce internal financial reports for senior management, highlighting compliance status and any potential risks.

Training & Awareness

• Educate teams on cost cap regulations and the importance of compliance.
• Provide training and guidance to finance and non-finance stakeholders on how to categorise and report costs correctly.
• Keep abreast of any changes to cost cap regulations or guidelines, ensuring that the organisation is always operating within the most current compliance framework.

Optimisation & Continuous Improvement

• Track cost cap opportunities and initiatives.
• Stay updated on industry-specific and finance developments and identify opportunities to enhance existing processes.
• Build out internal and external network.
• Identify manual tasks that can be automated.
• Acts as a role model within the wider Finance team demonstrating core values and behaviours and advocating achievement and compliance.

Requirements

• ACA or ACCA Qualified
• Financial Regulations in F1 experience
• 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
• Ownership for identifying and providing solutions for financial issues
• 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