Ryan Carney, BA (Hons) Accounting and Finance graduate
I work in industry as a ‘Finance Business Partner’ for Haas Formula 1 team. I always wanted to work in industry as I personally find the work more enjoyable. I am able to use the finance related analytical skills that I learnt at the Âé¶¹´«Ã½ to help and better inform leaders and managers within the organisation.
This means I do not spend all day at the desk and spend a lot of time meeting with various people within the wider organisation.
For me the best bit of my job is all the different people I get to work with. I spend a lot of my day helping others. I work with a lot of people that I have always admired as a spectator of Formula 1 and to be involved in so many of the different processes is very surreal.
The analytical and forward-thinking nature of the job really caught my eye. From forecasting to meeting monthly with budget holders, the work is very dynamic and offers up new challenges every day.
From an industry standpoint, Formula 1 is very unique and has its own set of financial regulations. This is commonly known as the cost cap and is a regular talking point within the Formula 1 media. Very few people get to work on this and gain the exposure to this that I currently am; I believe this will be very helpful for my future career. The work involves complying to Formula 1’s reporting standards as well as tracking the teams spend to ensure the cost cap is not breached.