The Mercedes AMG High Performance Powertrains (HPP) graduate role is the ultimate opportunity to start your finance career in one of the most exciting sectors whilst gaining commercial experience. Your passion can help push the boundaries of science and technology on the race track and the road.
The Finance function is closely aligned to overall business operations and with the new Financial Regulations now firmly in place, it is essential that we remain financially sustainable and compliant, whilst maximising our cost efficiency to ensure we play our part in delivering the best package on track. Working directly with senior stakeholders and engineering to providing accurate analysis and financial reports to our business partners both internally and externally. We deliver transparency, control and information to aid the decision making process.
The graduate role will be across three years and you will get exposure across multiple projects in the business, including:
Formula One - Product Design & Engineering;
Formula One - Business Operations $1;
Advanced Technology - Project One & Future Projects (Automotive);
You will also be enrolled in the ICAEW ACA training program which you will complete during your graduate scheme.
When completing the graduate scheme you will:
Work closely with the respective Programme Management to provide product costing updates and budget implications based on the latest Engineering changes;
Work across different functional areas and develop your costing skills by tracking, analysing and reporting detailed weekly cost variances to senior stakeholders;
Provide transparency of actual to budget variances and perform detailed analysis to find the underlying drivers, trends and forecast of future powertrain costs;
Gain exposure to, build a comprehensive understanding of and optimise the Formula One financial regulations
Support with and complete FIA/Finance Reporting
Maintain the company consolidation tools and company budgets;
Complete ‘big data’ analysis and be responsible for data quality improvements
Prepare weekly and monthly KPIs, ratio analysis and support with accruals and prepayments;
Support with the company’s month end / year end tasks, including supporting audit documentation.
The candidate:
Qualifications
Achieved a First or 2:1, in a (or combination of) Accounting, Finance, Economics, Maths, Physics or other numerate degree;
A strong academic background in relevant A Level disciplines, for example maths or sciences (or equivalent qualifications).
Attributes
Able to demonstrate pro-activeness, go getter, experience of process improvements and dealing with senior stakeholders;
Solution driven and focused;
Not afraid to collaborate with or challenge senior stakeholders;
Adaptable to respond to ad-hoc requests for financial information in a quick and effective manner;
Excellent communicator, not afraid to take responsibility and deliver to tight timelines;
Team player and be adaptable to meet business demands;
People who are willing to go the extra mile to help the team succeed.
Skills
Data extraction, data cleansing and data analysis;
Communication skills by reviewing your analysis conducted with senior stakeholders;
Exceptional Excel and PowerPoint skills.
Experience
Supporting stakeholders in identifying countermeasures to address issues which pose a risk or opportunity to the programme budgets
Supporting business partners with a view to evolving and improving business processes with a particular focus on cost accuracy, increasing financial transparency and improving the efficiency of management reporting;
Providing ad-hoc financial analysis of programme spending to senior stakeholders as and when required;
Report writing to non-financial stakeholders;
Influencing and challenging senior stakeholders;
FP&A.
Additional information
We offer you the opportunity to work alongside and learn from the Finance team in a fast paced environment and become fully integrated into the team.
During this placement you will be given the opportunity to gain real responsibility for delivering support to the business whilst being encouraged to maximise your potential. You will be partnering with multiple different departments along the value chain and helping them achieve their business objectives and goals.
As a team we pride ourselves on sharing knowledge and developing our students during their three year graduate placement and helping you develop your key business skills.
We are based in Brixworth, Northamptonshire, in a state of the art research and development centre for the Daimler Group.
Our benefits package includes;
Salary: £33,000
ICAEW ACA training programme
Collective bonus
Company lease car scheme
36 days Annual Leave
Access to private healthcare and generous pension scheme
Onsite Gym
A variety of other benefits and staff discounts
Application Process
Online application: Open until filled
Complete application form;
Upload CV – Maximum 2 pages;
Upload cover letter – Maximum 1 page;
Initial interviews will be held onsite at our factory in Brixworth.
This role is available for an immediate start based on the successful candidates availability.
Remember when on completing your application; think carefully about the relevant skills you can bring to the role from your academic career, work experience or extracurricular activities. We want to find out about you and what you are passionate about. Use plain English and make sure you give full details of your degree modules, your input into all relevant projects and work experience. We will want to see what your strengths are, what you’ve done and how this fulfils what we are looking for.
We recognise that the ideal candidate for this role may not meet every requirement in this advert and understand that some applicants are less likely to apply to jobs unless they meet every single qualification. Here at Mercedes AMG HPP our people are our strength and the diverse talents they bring are critical to our success. HPP does not discriminate on the basis of race, colour, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status or group or class protected by any local law and we encourage applications from any background.
During your application process we are committed to providing additional support where it may be needed. If you need additional financial support to help attend Assessment Centres and Interviews you can apply to be considered to receive our Interview Travel Bursary which will provide full reimbursement for any travel expenses incurred. At the point of a successful invitation to interview please raise this with your Recruitment contact at HPP.
Please note, due to the volume of applications we receive, there may be periods of time during the process where you don’t hear anything from us. Don’t worry! We will advise you of the outcome of your application regardless of the result so please bear with us. Please be advised that we are unable to provide detailed feedback to applicants, apologies for any inconvenience.
For more detail, salary and company information, use the apply link
