Financial Controller

MoneyGram Haas F1 Team is unique – on and off the track. We don’t follow the status quo and we’ve made a name for ourselves as the team who does things differently. You might’ve seen us on Netflix or know that we’re the only American-owned team on the Formula 1 grid, but we’re also more than that.

We have three HQs – Kannapolis in the US, Banbury in the UK and Maranello in Italy – each staffed by passionate, loyal and hardworking advocates. At Haas, you’ll be involved in many different areas of the team, an assortment of projects and plenty of hands-on experience while collaborating with some of the best minds in the world.

Yes, you’ll learn from us, but we expect to learn from you too!

General Summary

The position reports to the Chief Financial Officer or their designee; is in Banbury, UK. The Financial Controller is responsible for all accounting & financial reporting matters for the Haas F1 Team group entities.

General Responsibilities:

• Management of department personnel from recruitment, onboarding, employee engagement through to separation.
• Develops staff using effective performance reviews and development plans.
• Promotes teamwork and effective communications to develop working relationships between all personnel and departments.
• Responsible for establishing standard operating procedures to maintain a functional department.
• Assumes any responsibilities and duties delegated by the Chief Financial Officer or their designee.

Key Responsibilities:

Working Capital Management

• Oversee the US based accounting team who are responsible for the day-to-day processing of accounts payable, accounts receivable and treasury transactions.
• Responsible for all treasury functions including banking relationships, short term, and long-term cash flow forecasting.
• Responsible for developing business practices to optimize working capital management.

Reporting

• Responsible for the end-to-end monthly financial close process from planning to financial reporting. Working alongside the FP&A team to ensure variances to budgets/forecasts are fully understood and explainable.
• Responsible for the timely completion of monthly reconciliation of all balance sheet accounts.
• Responsible for all statutory reporting & audits for the Haas F1 Team group entities (US, UK & Italy).
• Provides GAAP and internal control compliance policies & guidance globally.
• Superuser for Microsoft D365 system.

Tax Compliance

• Responsible for all tax compliance for the Haas F1 Team group entities (US, UK & Italy) including VAT, Corporation Tax, PAYE, Driver Withholding Taxes.
• Responsible for the annual update of the transfer pricing policy.
• Responsible for the preparation of R&D tax credit claims.
• Responsible for the annual group reporting tax submission.

Internal Controls

• Responsible for developing and maintaining robust internal controls, accounting policies and procedures for all entities within the Haas F1 Team group.

Other

• Line management of Accounting Manager and Senior Financial Accountant.
• Responsible for overseeing ERP system upgrades.
• Other tasks as requested by the Chief Financial Officer.

Education and Work Experience

• ACCA/ACA/CTA qualification preferred with eight years of post-qualification work experience. Previous experience at Financial Controller level, with a solid understanding of accounting principles and practical tax experience, including dealing with tax authorities and professional advisors.

Specialized Knowledge and Skills

• Experience in a global environment strongly preferred.
• Strong financial reporting and tax reporting background.
• Strong internal controls knowledge and technical accounting skills.
• Strong organizational skills to keep timelines and meets deadlines.
• Ability to communicate and build relationships at all levels of the organization.
• US GAAP knowledge of financial and accounting concepts.
• Willingness and ability to quickly learn new skills and take on additional responsibilities.

Equipment and Applications

• Proficient with Microsoft Office products
• Experience with key financial systems including, Microsoft D365 and Power BI.

Work Environment and Physical Demands

An ability to work and prioritize within a high pressure, time sensitive environment while retaining a methodical approach is essential. The role may require some occasional domestic & international travel and a willingness to work long and flexible hours including weekends.

This position may require lifting to 50 pounds, repeated bending, squatting and manual dexterity. Fast-paced work environment requiring heavy mental demands. Work environment includes machinery, race cars, 7-post and other rigs, grinding debris, and hazardous fluids. All employees must ensure compliance with the Company Health and Safety Policy, and all relevant other statutory Health and Safety legislation.

This job description may not detail some less major duties, nor cover duties of a similar nature, which may from time to time be reasonably required by the relevant manager.

At MoneyGram Haas F1 Team, we consider our employees our greatest asset. We strive to create a supportive and inclusive work environment where everyone can thrive and grow. We value diversity and encourage our employees to bring their unique perspectives and experiences to the conversation. Diversity, Equality, and Inclusion are fundamental to who we are as a company and a collective of colleagues. Our commitment to these ethics is steadfast and this promise travels with us wherever we are in the world.

We look after our team with multiple rewards packages, competitive bonuses and year-round health and wellbeing programs, providing you with the tools to motivate and perform at your best.

If you’re passionate about competition, technology and teamwork, then working at MoneyGram Haas F1 Team could be the perfect fit for you. Motorsport is a dynamic and exciting industry that offers a wide range of opportunities for those who are willing to put in the hard work and dedication required to succeed. Working at MoneyGram Haas F1 Team is a highly rewarding experience, as you become a crucial member of a team that is constantly pushing the boundaries of what’s possible and striving for excellence in everything we do.

Join our team and make your passion your profession.

Notice

Due to the nature of the organisation, all employees of MoneyGram Haas F1 Team are required to be security cleared to National Security Vetting standards. If successful in your application, we would support you with the NSV process. As a guideline only, you would normally need to have been a UK resident for the last 5 consecutive years. Further confirmation can be found on the Civil Aviation Authority National Security Vetting (NSV) website https://www.caa.co.uk/Commercial-industry/Security/Vetting/National-security-vetting/

If you have not been a UK resident for the last 5 consecutive years, please be prepared to request an Overseas Criminal Records Check for these countries as you will be asked to provide this for referencing and security checks if you are successful.