Finance Placement

At Mercedes AMG HPP we are responsible for the design, manufacture, testing and racing of the World Championship winning Formula 1 hybrid power units used by the Mercedes AMG PETRONAS Formula 1 team.

In 2021, we became the first team in history to win eight back to back constructors World Championships and are also proud to supply power units to McLaren, Alpine Racing and Williams Racing teams.

As well as Formula 1 we work on innovative and high-end engineering projects for Mercedes-Benz AMG and MBRD such as the Project One Hypercar; the first ever road legal formula one car and the vision EQXX which achieved a new milestone of 1,202km on one charge in June 2022.

The Finance function is closely aligned to overall business operations and works directly with senior stakeholders and engineering to providing accurate analysis and financial reports to our business partners both internally and externally. We deliver transparency, control and information to aid the decision making process.

Role Description

Finance Placement Student – Formula One

• Support the Finance team in working with Formula One Engineering and

Operational stakeholders to understand product cost changes, assess budget impacts and provide financial insight.

• Assist with variance analysis, investigating differences between actual and

budgeted costs and supporting the forecasting of Formula One powertrain expenditure.

• Analyse large and complex data sets to produce meaningful insights and

support reporting in line with FIA Cost Cap requirements.

• Contribute to the development and continuous improvement of financial models,

reporting tools and processes to enhance cost visibility and efficiency.

• Assist with the month-end close process, including the preparation of

journals, accruals and prepayments, helping to ensure accurate and timely financial reporting.

• Build positive working relationships across Finance, Engineering and

Operations, gaining exposure to busi