Cost Cap Analyst - Jaguar TCS Racing

Jobs

In 2010 Williams Grand Prix Engineering – the company behind the Williams F1 team – began diversifying its operations. The division that was established became WAE. Initially WAE provided innovative technology across a range of sectors, but demand for its services quickly increased and its focus sharpened. Soon the company established itself as a leader in electrification and energy storage. In 2022 WAE was acquired by Fortescue Metals Group (FMG), and in 2024 became Fortescue Zero.

Our roots are firmly fixed in motorsport, and so is our future. Our dedicated motorsport team currently provide the electrical systems for almost all the electric race series. We’re also the sole battery suppliers to the LMDh series. We apply the technical expertise we gain from this fast-moving world across all relevant electrification programmes.

Since 2013, we’ve helped our clients to achieve 98 Poles, 249 Podiums, 96 Wins, 9 Driver Championships & 8 Manufacturer Championships to date.

Apply Now Shortlist
Organisation
Fortescue Zero
Reference
VAC-4432
Location
Kidlington / UK
Salary / Benefits
Competitive
Contract Type

Cost Cap Analyst - Jaguar TCS Racing

Location: Kidlington
Department: Jaguar TCS Racing

Job Type: Full time - 40 hours per week
Contract Type: Permanent

 
 

ACCELERATE YOUR CAREER 

Jaguar TCS Racing is at the forefront of electric motorsport innovation, competing in the electrifying Formula E Championship. As part of the legendary Jaguar brand, our team is dedicated to pioneering advancements in electric vehicle technology, sustainability, and performance. With a rich heritage in racing and a commitment to pushing the boundaries of electric mobility, Jaguar TCS Racing combines passion, expertise, and cutting-edge technology to compete at the highest levels of motorsport.

 

An opportunity has arisen for a Cost Cap Analyst to join the Jaguar TCS Racing department in a rapidly expanding and exciting work environment. 


 About the role

A key role to ensure the financial integrity and compliance of the Formula E team with cost cap regulations, whilst balancing this effectively with the goals and objectives of motorsport racing.

 

What you will do

  • Work closely with the Senior Finance Analyst and the Formula E team to ensure compliance with the cost cap regulations set forth by the FIA.
  • Stay abreast of the latest cost cap regulations and guidance, ensuring that all financial practices align with the governing body’s requirements. 
  • Analyse team expenditure, ensuring adherence to budgetary constraints and identifying potential cost overruns.
  • Prepare and maintain analytical reports on the current and projected cost cap position each season.
  • Support the budget and forecasting process for the Formula E projects, identifying ways to best track against cost cap requirements, identify issues and resolve them quickly. 
  • Support the Formula E reporting process to ensure that financial actuals are up to date and accurate. 
  • Support the FIA’s cost cap audit process.

 

About you

  • Proven experience in financial analysis, challenging norms and driving new ideas
  • Proficient with ERP systems and Excel interrogating data and unravelling transaction trails to problem solve
  • Be able to work accurately with exceptional attention to detail
  • Be able to use Microsoft Office software and strong computer skills
  • Microsoft D365 experience would be highly preferable.
  • Experience in the motorsport industry would be advantageous but is not essential. 
  • Have good interpersonal and communication skills

 

What is in it for you?

  • Fortescue Zero bonus scheme
  • Aviva Pension
  • Group Life Assurance
  • Group Income Protection
  • Electric Car Scheme
  • Health Cash Plan
  • Employee Assistance Programme
  • Private Medical Insurance
  • 26 days holiday plus public holidays and the opportunity to purchase an additional 5 days per year
  • Childcare Benefits
  • Free on-site 24/7 gym access at HQ and discounted national memberships

 

Application Deadline:

The closing date for applications is 18th October 2024.

 

Additional Information

You do not need to match every listed expectation to apply for this position. At Fortescue Zero we are committed to building a team that encompasses a variety of backgrounds, experiences, and skills. Fortescue Zero is an equal opportunity employer that values diversity and inclusion. If you have a disability, we are happy to discuss reasonable job adjustments. You are welcome to apply no matter your age, disability, gender, marriage or civil partnership status, pregnancy and maternity status, race, religion or belief, or sexual orientation.

 

Please note, if you are applying for a role which involves having access to personal data, you will be subject to a background check. Where checks are unsatisfactory or incomplete and/or a failure to reveal information relating to convictions that you are required to identify as part of the background checks, could lead to withdrawal of an offer of employment.