Finance Manager - Shared Services

About

SailGP is racing redefined. The world’s most exciting racing on-water, SailGP was established in 2018 and is headquartered in London. The annual, global championship Races for the Future accelerating change in everything it does.

The fan-centric, inshore racing takes place among the sport’s top athletes in some of the most iconic harbors around the world and offers the sport’s largest monetary prize of $1 million. Rival national teams battle it out in identical supercharged F50 catamarans, engineered for intense racing at electrifying speeds exceeding 60 mph/100 kph. 

 

In 2020, SailGP set a new standard as the first climate positive sports and entertainment property and began delivering actions and innovations that advance the global adoption of clean energy. Underpinning the organization’s purpose-driven agenda is a diversification of the league, with the goal of immediately progressing gender and racial equity and inclusivity.

SailGP is a global organization with defined values that shape the culture of its diverse team: deliver quality, break boundaries, make an impact, stand together and strike a balance.

Job Summary

We're seeking a talented and highly motivated Finance Manager to cover who will take charge of the finance function for SailGP’s Shared Service and Central Function departments. The successful individual will have strong analytical, communication and technology skills and an ability to think outside the box to solve the financial challenges facing this young company. This is a fantastic opportunity for someone that is looking for experience in a trailblazing organization disrupting the entertainment sports industry in a fast-paced environment and with a highly motivated group of individuals. 

Key Responsibilities

Internal Stakeholders

To business partner with key individuals across Shared Service and Central Function departments, which include:

• Regular check-ins, 
• Reporting on department financial performance, 
• Understanding opportunity and risks to the budget, and 
• Supporting ad-hoc financial analysis requests.

To support the regular and timely monthly reporting requirements which include:

• Actual to budget variance performance, 
• Contribute to management and board level reporting as required,
• Manage and support tech team personnel planning,
• Financial analysis on key performance indicators such as technical operations workforce planning,
• Review and consolidate annual budgets, and 
• Business casing/modelling for ad-hoc project requests. 

To support the financial accounting processes including:

• Responsibility for month-end department accruals, 
• Month-end balance sheet reconciliations, and 
• Reviewing month-end allocation journals. 

To lead and manage SailGP’s insurance portfolio which includes;

• Point of contract with SailGP’s insurance brokers,
• Annual renewals, and
• Providing adhoc requests for insurance information to the business.

External Stakeholders

• Independently owned team reporting requirements, which include:
  • Requesting annual financial information and reviewing financial position against cost cap and overall financial sustainability, and
  • Obtaining annual insurance policies to make sure Teams are compliant with the Participation Agreement 
• SailGP reporting requirements to independently owned teams:
  • Coordinating and compiling monthly financial reports to be shared with Team CEO’s on all Shared Services,
  • Point of contact with Team stakeholders on the Shared Service policy, and 
  • Sharing capital asset lease fee calculations with explanation of new additions with Team CEO’s

 

Background

• ACA, CIMA or equivalent qualification preferable 
• Ability to learn and use management information systems, experience with Netsuite preferable
• 3+ years post qualification experience in management accounting, financial accounting and budgeting
• Experience with multi-jurisdiction and multi-currency would be an asset
• Experience managing insurance policies and risk requirements
• Proven experience managing the budget process, reporting on variances and cost mitigation is required

Attributes

• Excellent spoken and written communication skills
• Ability to operate both independently and in a collaborative, team environment
• Analytical mind with problem-solving aptitude
• Inquisitive, entrepreneurial and passionate with a desire to learn and exceed expectations
• Superior organization, prioritization and coordination skills
• Extremely strong attention to detail with the ability to multi-task and meet deadlines with limited supervision
• Ability to work effectively and thrive in a fast-paced, start-up environment

Location

• London – 3 days in the office based in Gloucester Road.
  

SailGP is proud to be an equal opportunity workplace committed to building a team culture that celebrates diversity, equity and inclusion.