In this role you will be responsible for the full management of Formula One financial regulations in compliance with group requirements for budgeting, forecasting and periodic P&L;/BS/Cash Flow reporting.
RESPONSIBILITIES**
Areas that play to your strengths**:
All the responsibilities we'll trust you with:
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- Budgeting & Partnership
Prepares scenarios and simulations with the input from the budget owners and models the impact.
Supports the budget owners in budget reallocations and ensure overall budget adherence.
Acts as a contact and sparring partner for the Budget Holders.
Works closely with the various contacts, has a service mentality but also challenges them, asks questions, gives suggestions and insights.
- Controlling
Guarantee full compliance with the Group Controlling guideline.
Ensure a timely distribution of financial information (plan & actual) to every budget holder by sending out reports, by allowing system access and by presenting the information in regular meetings.
Promote efficiency in Controlling in order to minimize time spent for report generation and increases time for analysis, commenting and insights sharing.
Support the establishment of a true bottom up planning process and the development of a local planning calendar based on the group planning timetable allowing for sufficient review time and feedback cycles.
Contribute to a high forecasting accuracy of business plans, revised estimates and long-term forecasts.
Measure and reviews the cost/agevolazioni ratio of proposed activities.
Build a solid relationship with budget holders based on mutual respect and trust.
Is driven through a service mentality by sharing insights, by supporting budget reallocations, by ensuring overall budget adherence, by acting as a facilitator to achieve objectives, by highlighting risks and opportunities, by providing financial simulations and by developing business cases for new projects.
Manage fact and knowledge based, spreads and exchanges information.
- Month-end closing
Verifies the sales cut-off and the correct revenue recognition.
Coordinates the monthly accrual process following the cost revenue matching principle.
Calculates timing accruals.
Ensures the reconciliation of systems (SAP/BI/Hyperion).
Ensures master data quality and verifies the consistency of the customer and internal order hierarchies.
Prepares project overview and sponsoring report detail.
- Reporting & Analysis
Prepare the weekly car part report.
Prepare the bi-weekly production report.
Prepares and distributes a detailed monthly report on P&L; including comments, using SAP, BI and Hyperion for each budget owner and GM.
Prepares and distributes a report on capex.
Manage preparation of additional reporting on KPI per department, if needed.
- Planning & Forecasting
Coordinates the Business Plan/Revised Estimate data collection and data entry.
Coordinates timings and input needed during the budget process.
Aggregates/consolidates the individual plans to a total plan.
Prepares year to go best estimates (LRE updates on a monthly basis and as per HQ requests).
EXPERIENCE**
Your areas of knowledge and expertise**:
that matter most for this role:
- Strong, broad understanding of budgeting, business controlling matters, internal group guidelines.
- Ability to scope all tasks thoroughly; timely and with expertise.
- Precision, reliability, autonomy and confidentiality.
- Delivers timely information and reporting (delivering to deadlines set on the job list and keeping on top of communication).
- Initiative and Innovation (suggests implementations to improve processes among the department and in connection with other departments).
- Ability to work with the team, external suppliers and colleagues.
- Open and supportive to continuous training, own and of the team.
- Proficiency in English
- Permanent
📌 Scuderia Alphatauri - Controller
🏢 Red Bull
📍 Faenza