McLaren F1 Team Logo

Senior Manager Financial Planning & Analysis

McLaren F1 Team

Location

Woking, England, United Kingdom

Department

Finance

Job Type

Full-Time

Experience

Not Applicable

Job Description

At McLaren Racing, we’re not just here to try to take the chequered flag. We’re here to excite our fans, inspire our people and deliver for our partners. And we’re also committed to evolving our sport, our industry, and our technology, too.

We are seeking a highly driven, commercially astute, and technically proficient Senior Manager of Financial Planning & Analysis (FP&A) to play a pivotal role in shaping McLaren Racing's financial future. This is a unique opportunity to lead the strategic financial planning function for one of the most iconic brands in global sport, directly influencing critical decisions that impact our performance both on and off the track.

As Senior Manager FP&A, you will be the linchpin between financial data and strategic insight, providing the executive leadership team with the analysis and foresight needed to achieve our ambitious objectives. You will lead a small, high-performing team and be instrumental in embedding a robust, forward-looking financial culture across the organisation.

Principle Accountabilities

Strategic Financial Planning & Forecasting:

  • Lead and own the end-to-end budgeting and forecasting processes for McLaren Racing, encompassing the Income Statement, Balance Sheet, and Cash Flow, ensuring accuracy, completeness, and strategic alignment with long-term plans.
  • Drive dynamic scenario planning and modelling to assess potential outcomes, identify risks and opportunities, and support agile decision-making in a fast-paced, competitive environment. Success pivoting around predictability in scenarios and the actions we take.
  • Partner closely with Finance Business Partners across all operational areas (e.g., engineering, commercial, marketing, operations) to consolidate business intelligence, challenge assumptions, and integrate operational insights into financial projections.
  • Understand group-level financial consolidation, including foreign subsidiaries, applying strong technical accounting knowledge to ensure accuracy and compliance.


Performance Reporting & Commercial Insight:

  • Develop and deliver high-impact financial reports and presentations for the CFO, Executive Team, and Shareholders, translating complex financial data into clear, actionable insights for strategic decision-making and performance evaluation.
  • Conduct rigorous competitive benchmarking and market trend analysis within the sports and entertainment industry to identify opportunities for revenue growth, cost efficiencies, and strategic positioning.
  • Applying commercial insights reviewing our performance against realisable potential, using KPI’s to report this in ways that influence and support decision makers.
  • Provide comprehensive oversight and analysis of key business cycles, including capital expenditure planning, tracking, and reporting, ensuring clear visibility of project spend and available funds.
  • "Bring the numbers to life" through compelling financial storytelling, leveraging a wide array of operational data and key performance indicators (KPIs) to provide a holistic view of performance.
  • A specialist in understanding of Balance Sheet dynamics and its impact on cash flow and profitability, guiding the business on working capital management and financial health.


Process Excellence & Continuous Improvement:

  • Identify, champion, and implement enhancements to FP&A processes, systems, and methodologies to significantly improve the accuracy, efficiency, and completeness of financial forecasting and reporting.
  • Govern the effective use of forecasting tools and systems (e.g., Power BI, ERP systems) to extract maximum insight, ensure data integrity, and support robust budgeting controls.
  • Drive automation initiatives for reporting and integrate data seamlessly across current and new financial systems.
  • Apply astute commercial insights to assess performance against realizable potential, using data-driven KPIs to influence and support decision-makers across the business.


Team Leadership & Collaboration:

  • Lead, mentor, and develop a high-performing FP&A team, fostering a culture of continuous learning, professional growth, and excellence.
  • Promote exceptional cross-functional collaboration with procurement, project managers, technical, commercial, and operational teams, to lead the sharing of information flow and fostering a positive, progressive working environment.
  • Cultivate a culture of continuous improvement within the finance function, encouraging feedback, innovation, and agile ways of working.
  • Communicate complex financial information effectively to all stakeholders at all levels, influencing decision-making and empowering the business with timely, relevant insights.


Knowledge, Skills & Experience:

  • ACA / ACCA / CIMA qualified with a strong post-qualification track record, ideally within a complex, fast-paced commercial environment.
  • Demonstrable experience in leading and developing a financial planning and analysis function.
  • Exceptional proficiency in financial modelling and advanced Excel skills.
  • Strong expertise in data visualization tools, with Power BI highly desirable.
  • Proven analytical skills with meticulous attention to detail and a commitment to accuracy.
  • Adept at working effectively to tight deadlines, managing multiple priorities in a dynamic environment.
  • Excellent interpersonal and communication skills, with the ability to build rapport and influence stakeholders at all levels.


Personal Attributes:

  • A highly flexible and adaptable individual, comfortable navigating a fast-paced, high-volume workload inherent to a top-tier sports organisation.
  • Resilient under pressure, demonstrating emotional intelligence and sound judgment in demanding situations.
  • A creative problem-solver who leverages technical expertise and strong relationships to implement effective solutions.
  • Possesses a strong drive, determination, and commitment to achieving outstanding results.
  • Displays professional curiosity, continuously seeking opportunities for process improvement and enhanced financial insight.
  • Recognizes the importance of key relationships, making conscious efforts to build rapport and collaborate effectively across all levels of the organisation.
  • A genuine passion for the sports industry is highly desirable, demonstrating an understanding of its unique commercial and operational drivers.


What can McLaren offer?

We constantly strive to be better tomorrow than we are today. Our ambition is to be the most pioneering and exhilarating racing team in the world, and our collective task is to set the standards for high performance in sport. We show up every day with energy and enthusiasm, ready to play our part.

We encourage and support diversity, equity and inclusion. We will actively promote a culture that values difference and eliminates discrimination in our workplace.

McLaren Racing is based at the iconic McLaren Technology Centre (MTC) near Woking. Here at McLaren, we offer hybrid working with 3 days a week based in the MTC.

Our state of the art, sustainable campus offers many facilities including a gym, restaurant and indoor and outdoor break-out areas, as well as direct access to park and common land. The MTC is connected to Woking mainline station via regular shuttle buses, from which London Waterloo is a 30 minute train ride.

We offer a comprehensive package of benefits including private healthcare, car schemes, life insurance and generous pension contributions.