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Finance Business Partner (PU Supply Chain)

Red Bull Racing & Red Bull Technology

Milton Keynes

On-site

GBP 40,000 - 80,000

Full time

30+ days ago

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Job summary

Join a dynamic team at a leading Formula 1 operation as a Finance Business Partner, where you will provide critical financial insights to support the growth of our Power Unit production. This role offers a unique opportunity to engage in a competitive environment, ensuring compliance with FIA regulations while managing budgets and forecasts. You will collaborate closely with stakeholders, enhancing your analytical skills and financial acumen. With a focus on innovation and excellence, this position is perfect for those looking to make a significant impact in the fast-paced world of motorsport finance.

Benefits

Bonus scheme
Private health care cover
Life assurance scheme
Workplace nursery
Company contributed pension scheme
On site gym
Fitness classes
Free meals
Cycle to work scheme

Qualifications

  • Newly qualified CIMA or ACCA candidates preferred.
  • Experience in management accounting within engineering is essential.

Responsibilities

  • Manage Opex/Capex budgets and forecasts for the Supply Chain.
  • Collaborate with the team for effective Power Unit production.

Skills

Advanced Microsoft Excel
Analytical Skills
Management Accounting
Data Analysis

Education

CIMA qualified
ACCA qualified

Tools

SAP
Business Intelligence (BI)

Job description

At Red Bull Powertrains, we are looking to recruit an aspiring individual to join our expanding Finance department as the Supply Chain Finance Business Partner. This role will report into the Supply Chain Controller and will be focused on providing clear and effective insights into actual and planned costs associated with our Power Unit production programme, so that the financial resources allocated to Red Bull Powertrains contribute effectively and efficiently to winning races.

Working at Red Bull offers a very dynamic environment, and this role gives a unique opportunity to be involved in the growth of our Formula 1 operation. With Power Unit activity being financially regulated from 2023, the need to be competitive has never been greater. Successful applicants will support the decision-making process using financial analysis and ensuring compliance with the FIA Financial Regulations.

Key Responsibilities:

  1. Independent management of our PU Supply Chain – Opex/Capex budgets and forecasts
  2. Create and take ownership of structured planning information, allowing for consolidation into FIA Cost Cap budgets and forecasts
  3. Support FIA Regulatory requirements
  4. Collaborate with the Supply Chain team, to assist our transition into Power Unit production and customer supply from 2026
  5. Create revised monthly & weekly forecasts to review with the Supply Chain Controller and wider team
  6. Build effective working relationships with stakeholders to generate a deep understanding of the business and group structure, working practices and production programme
  7. Maintain accurate coding and provide approval decisions for external commitments, invoices and Capital investment projects
  8. Create and share insights into Powerunit BoM costs and Inventory data
  9. Prepare ad-hoc management information and support on projects

Essential Competencies for this Finance Business Partner position:

  1. Advanced Microsoft Excel/PowerPoint skills
  2. Previous Management Accounting experience, preferably within an engineering and manufacturing environment
  3. Suitable candidates will be newly CIMA or ACCA qualified
  4. SAP & BI experience preferable, but not essential
  5. Strong analytical skills, and ability to manipulate/analyse large data sets

What you get from RBPT:

Not only is this a great Finance Business Partner role, it is also a fantastic team to work for. A good salary is just the start; there are many other benefits too such as our bonus scheme, private health care cover, life assurance scheme, workplace nursery, company contributed pension scheme, on site gym & fitness classes, free meals & cycle to work scheme.

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