Director of Finance (Head of) - IndyCar
Indianapolis, IN, United States
Reporting into the IndyCar Arrow McLaren General Manager in our Indianapolis location, as Head of the Finance department, this role will develop the financial strategy within the Arrow McLaren IndyCar team.
PRINCIPAL ACTIVITIES
Own the annual budgeting, forecasting, and monthly reporting cycle and delivering this to the Senior Leadership Team in the US and UK.
Maintain long term financial planning capturing the business plans and initiatives
Build and maintain long and short-term financial models, P&L, cash and balance sheet, and analysis to help prioritize and measure investment decisions and support business initiatives
Ownership of the month-end process to close the books, while ensuring underlying ledgers are closed on a timely basis
Review P&L and BS ledgers monthly for accuracy and for completeness
Provide insight to the leadership team on performance against budget, KPI’s, and guidance on risks and opportunities in the company and the management of these to ensure a predictable result against budget.
Understand initiatives the team value, and assess ROI of these both financially and operationally to provide insight on decision making.
Identify efficiencies in the cost base, to continuously optimize spend against performance
Oversight of the inputs to weekly cashflow submissions for payments and receipts, and management of best practice.
Understand the commercial performance against targets to ensure the leadership team can make the best decisions in spend and resource management.
Management of the external auditors in the completion of the statutory audits for Arrow McLaren, as part of the McLaren Racing Group
Measure and manage the companies working capital performance and drive best practice into the various teams
Identifying opportunities for continuous improvement and efficiency in both process and systems to support a growing team and maximize performance, and continue to secure the company’s assets.
Completion of all tax submission requirements managing external consultants
Management of insurance requirements in the company to ensure the security and safeguarding of the company’s assets
Governance and policy ownership across the company to protect the company’s assets and people
Communicate with key stakeholders internal (to include McLaren Racing) and external to maintain a proactive approach to the budget forecast
Demonstrate agility and organization ability to identify and manage ad hoc tasks and demand to deliver priority tasks to the Company.
Ad-hoc analysis and project work
KNOWLEDGE, SKILLS & EXPERIENCE
Bachelors degree in Finance, Accounting, or Business Administration required
Minimum of 7 years experience in finance & accounting
Experience of preparing company accounts and/or responsibility for running audits in practice, or in a financial accounting role in industry
Previous experience with systems implementation and/or API integrations ideal
Demonstrated attention to detail, and capacity to improve existing practices
Experience setting up payroll taxes in multiple states with vendor support
Proven record working in, and leading a team
Positive, gets things done attitude, with the ability to motivate the team around you
Advanced knowledge of Microsoft Excel, and the Microsoft suite
Background with presenting to executive leadership and to a board of directors
Experience of using a financial accounting software package, QuickBooks ideal
Demonstrated capabilities to improve existing practices
TOTAL REWARDS
Comprehensive medical, dental, and vision program
Annual bonus
401(k) match
Gym and personal training
Company discounts
Cell reinbursement
Work location resides in Indianapolis, with some hybrid scheduling
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