Finance Analyst - Race Operations & Travel
Finance Analyst - Race Operations & Travel
Apply locations Milton Keynes time type Full time posted on Posted Yesterday time left to apply End Date: March 21, 2025 (12 days left to apply) job requisition id R0005850
For many fans of Formula One, the sport exists between lights and chequered flag on a Sunday afternoon. It begins and ends with the exploits of the drivers on the track. But this is merely the tip of the spear. The reality of modern F1 is that of a complex and intertwined operation, every part of which needs to perform near its limit if success is to be achieved. From the pit crew searching for the ultimate repeatable pit stop, to the inspiration of the designers, the application of engineers and the herculean efforts of an army of fabricators and machinists. Much of our success is thanks to the diversity of thought and spectrum of skill sets held within the team, our ability to recognise unique contributions from individual team members is just a part of why we love what we do.
Job Description
We are seeking a detail-oriented and highly organised individual to join our team as a Finance Analyst.
In this role, you will be responsible for forecasting, tracking, and reconciling travel and freight related costs for various events, working closely with the travel team and finance department to ensure accurate and efficient financial management.
You will play a critical role in forecasting travel costs, managing hotel contracts, reconciling invoices, and ensuring that all expenses are accurately coded and aligned with budgets.
Key Responsibilities:
1. Travel Cost Forecasting: Accurately forecast travel expenses for each event, including races, testing, and show car events, across Red Bull Racing, Red Bull Powertrains, and Red Bull Technology.
2. Hotel Contract Management: Oversee the management of hotel contracts by maintaining a detailed contract tracker and ensuring all hotels have up-to-date agreements. Additionally, manage and update the hotel payments schedule to ensure timely payments and proper cash flow tracking.
3. Month-End Accruals and Reconciliations: Ensure that month-end files are maintained accurately and updated regularly. Perform reconciliations of travel and freight costs, ensuring all relevant transactions are captured.
4. Support to Finance Business Partner: Assist the Finance Business Partner with month-end closing tasks, providing necessary insights and updates to help finalise financial records.
5. Travel Cost Analysis: Conduct detailed variance analysis of travel costs, identifying discrepancies and providing explanations for any deviations from the budget at month-end.
6. Cost Allocation and Coding: Ensure accurate and consistent coding of all travel and event-related expenses, guaranteeing costs are allocated to the appropriate areas and in line with company guidelines.
Who we are looking for:
1. Exceptional Attention to Detail: A keen eye for accuracy and the ability to manage multiple tasks efficiently and effectively in a fast-paced environment.
2. Collaborative Team Player: Strong ability to work seamlessly across various departments, including travel, finance, and accounts payable, to achieve common goals.
3. Strong Communication and Organisational Skills: Excellent verbal and written communication skills with a highly organised approach to handling tasks and prioritising deadlines.
4. Relevant Experience: Previous experience in a finance or travel-related role is highly preferred, though not essential.
5. Driven for Career Development: The ideal candidate will be proactive in pursuing professional qualifications such as ACCA or CIMA and demonstrate a strong desire for continuous growth and development within Red Bull Technology.
Not only is this a great Finance Analyst 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.
Job Posting End Date
Fri, 21 Mar 2025
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