Financial Planning & Reporting Partner - Inventory
Brackley, UK
At the Mercedes-AMG Petronas Formula One Team, a group of passionate and determined people work to design, develop, manufacture and race the cars with the aim of fighting for world championships each and every year.
Whether working in our Operations, Technical, Race or Business Support functions, we are all in and aspire to build the greatest team in the history of our sport.
Every individual plays their part. No stone is left unturned in the chase for every tenth of a second. The history of our sport is long and rich, and we are continuing our journey with renewed effort year on year. Record books remember the names of a few, but history is written by the many.
About the Role:
A fantastic opportunity has become available for an Inventory Financial Planning & Reporting Partner to join our team. This role will provide data led insight into our inventory environment and will be responsible for reporting, planning and ensuring strong data integrity. The scope of the role covers manufacturing activities through to assembly and the internal consumption or external distribution of inventory. The application of the Financial Regulations to the inventory environment also makes this a critical and unique role in our team.
Key Accountabilities (Duties):
Deliver standardised financial reporting, providing insight into inventory position from both statutory and financial regulations perspectives.
Drive financial decision-making processes by interpreting data trends, providing narratives for key stakeholders, and ensuring that decisions are backed by operational insights.
Produce inventory budgets and forecasts from a P&L, Balance Sheet, and cash perspective, ensuring variances to plans are clearly understood and communicated to stakeholders.
Align with the Cost Analyst team to ensure cohesion in inventory planning and reporting.
Ensure there is robust and clear reporting on the manufacturing environment and own and manage the item costing approach, including the management of manufacturing related SAP master data.
Drive continuous review and improvement of the manufacturing recoveries process, including a review of rates used, and direction of Cost Analyst team to support with investigation activities.
Identify and support inventory-related financial regulation optimisation initiatives.
Identify opportunities for process and system improvements, working closely with business transformation and ERP optimisation teams to implement efficient solutions.
Preparation of responses to Financial Regulation and Statutory Audit topics.
Support capital expenditure request processes related to inventory.
Candidate Profile
CIMA/ACCA qualified with post qualified experience in financial planning and reporting or similar role in large, complex organisations, and ideally with a relevant degree.
Previous experience of complex Inventory Management in a manufacturing environment.
An understanding of Inventory costing methodologies e.g. Standard Costs and Manufacturing cost management e.g. variance management.
Ability to build and maintain excellent cross functional working relationships, responding to their needs and guiding where appropriate.
A Strong Communicator with the ability to influence key decisions.
An ability to navigate detail whist also being able to summarise and communicate a position effectively.
Highly proficient in excel.
Adaptable and forward looking, embracing a fast-paced working environment.
Attention to detail and proficiency to self-review.
Experience of SAP would be an advantage.
Benefits:
Our riverside campus is powered by 100% renewably sourced energy and features an on-site gym and exercise studio, subsidised restaurant and on-site parking with EV chargers available.
We offer a competitive and attractive package of benefits including a generous bonus scheme, Mercedes car lease scheme, private medical cover, life assurance and 25 days holiday. We pride ourselves on our family-friendly environment and employee well-being programmes.
Why us:
At the heart of our performance are our people. Every member of our team has a voice and plays their part in contributing to our successes on and off the racetrack. We take pride in creating an innovative, collaborative and high-performance culture where all of our team members are respected, empowered and valued.
Through our Accelerate 25 programme, we are continuously working to make our team even more diverse and inclusive. Whatever your background, we believe that you will find working with us rewarding and enriching.
Your Application:
We will ask you to complete a questionnaire as well as submitting a cover letter and CV. Please upload your cover letter and CV as one single PDF file.
