McLaren Racing

Senior Accounting Specialist (Fixed-Term Contract)

McLaren Racing  •  Woking, GB (Onsite)  •  3 hours ago
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Job Description

Company Description

High performance isn't a given. It’s built on standards.

Standards that have driven McLaren for over 60 years.

And if you’re ready for the challenge, that standard is yours to own.

Burning enthusiasm. Constant improvement. The thrill in the pursuit of better.

That’s how we build a legacy. And how you build a career here.

Because racing isn’t just something we do. It’s who we are.

We are racers.

Are you?

Job Description

What You'll Do

Please note - this is a fixed-term contract until March 2027.

You will own and deliver the financial consolidation of McLaren Group Limited, alongside providing experienced accounting support to the Financial Control Team across McLaren Racing Limited. You’ll help ensure accurate intercompany accounting and eliminations under FRS 102, while supporting Group reporting under IFRS.

Alongside consolidation, you’ll provide hands-on financial accounting support across month-end reporting, balance-sheet control, statutory and audit requirements and finance-process improvement. Working closely with the Senior Manager, Financial Control, you’ll combine technical judgement with practical delivery and support less-experienced colleagues across the team.

You’ll take ownership of key areas of Group consolidation, financial accounting and control, including:

  • Own the end-to-end financial consolidation of McLaren Group Limited accounts under FRS 102, ensuring accurate and timely completion.
  • Prepare and review consolidation journals, intercompany eliminations and supporting schedules, maintaining a clear audit trail.
  • Own intercompany and related-party reconciliations, investigating discrepancies and coordinating their resolution across Group entities.
  • Support consolidated financial statements, disclosures and analysis, including complex or judgemental consolidation areas.
  • Provide financial accounting support across month-end close, including journals, accruals, prepayments and other accounting entries.
  • Prepare or review balance-sheet reconciliations and control accounts, investigating unusual or aged items.
  • Support statutory reporting and external audit through accurate, complete and audit-ready schedules, reconciliations and working papers.
  • Apply FRS 102 and Group accounting policies within the role’s scope, escalating areas requiring judgement.
  • Prepare Group reporting to shareholders with awareness of IFRS conversion requirements.
  • Support finance-process and ERP improvements, including data validation, testing and reconciliation.
  • Provide practical guidance and knowledge-sharing to less-experienced colleagues.

Qualifications

What You'll Bring

You’ll be ACA, ACCA or CIMA qualified, or equivalent, with relevant industry or practice experience and strong hands-on experience of multi-entity Group consolidation.

You’ll also bring:

  • Strong experience of consolidation journals, intercompany reconciliations and eliminations.
  • Experience applying FRS 102 within a consolidation or financial reporting environment.
  • Management accounting and broader financial accounting experience, including month-end close and balance-sheet reconciliations.
  • Experience supporting statutory accounts preparation and external audit.
  • The ability to understand complex transactions, analyse large datasets and identify anomalies, trends and control issues.
  • Strong Microsoft Excel skills and experience using an ERP or financial accounting system.
  • The ability to prioritise competing deadlines and work effectively in a changing environment.
  • Process improvement, finance transformation or ERP change experience would be beneficial.
  • Knowledge of Formula 1 Financial Regulations and cost-cap reporting would be advantageous

Additional Information

Success in racing comes from bringing together talented people with different skills, perspectives and experiences. We're committed to building an inclusive environment where everyone feels supported and empowered to deliver their best work.

Every role has the potential to drive high performance. You'll be part of a team united by a shared ambition to push boundaries and embody our racing mindset. We invest in our people through opportunities to develop and grow, creating an environment where individuals and teams can thrive.

Alongside a range of wellbeing initiatives and development opportunities, we're committed to helping you build a rewarding career and make your mark at McLaren Racing.

McLaren Racing

About McLaren Racing

McLaren Racing was founded by racing driver Bruce McLaren in 1963. The team entered its first Formula 1 race in 1966. McLaren has since won 21 Formula 1 world championships, 189 Formula 1 Grands Prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt.

 

McLaren Racing competes across six racing series. The team competes in the FIA Formula 1 World Championship with McLaren F1 drivers Lando Norris and Oscar Piastri, the NTT INDYCAR SERIES with Arrow McLaren drivers Pato O’Ward, Alexander Rossi and Nolan Siegel, the ABB FIA Formula E World Championship with NEOM McLaren Formula E Team drivers Sam Bird and Taylor Barnard, the Extreme E Championship with NEOM McLaren Extreme E Team drivers Cristina Gutiérrez and Mattias Ekström, and F1 Academy with ART Grand Prix and Driver Development programme member Bianca Bustamante. The team also competes in the F1 Sim Racing Championship as McLaren Shadow, having won the 2022 Constructors’ and Drivers’ Championships.

 

McLaren is a champion for sustainability in the sport and a signatory to the UN Sports for Climate Action Commitment. It is committed to achieving net zero by 2040 and fostering a diverse and inclusive culture in the motorsport industry.

Industry
Arts & Entertainment
Company Size
1,001-5,000 employees
Headquarters
Woking, GB
Year Founded
1963
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