Risk, Internal Auditor and SOX Analyst

Formula 1 is seeking a Risk, Internal Auditor and SOX Analyst to join their Risk and Controls team. The role involves ensuring SOx compliance, supporting the Enterprise Risk Management program, and assisting with ad-hoc SOx and risk-related projects. Key responsibilities include scoping, control evaluation, reporting findings, driving continuous improvement, collaborating with finance and business teams, project management, risk assessment, and providing SOx training.

Must Have

• Ensure ongoing compliance with SOx requirements.
• Support Enterprise Risk Management program.
• Assist with ad-hoc SOx and risk-related projects.
• Conduct annual SOx scoping exercises.
• Test design and operational effectiveness of business process controls.
• Prepare detailed audit documentation and reports.
• Lead root cause analysis and provide solutions.
• Work closely with finance and business teams.
• Project manage multiple SOx and risk workstreams.
• Manage external auditors.
• Identify and evaluate risks, recommend mitigation strategies.
• Provide SOx training to business members.
• Educated to degree level or equivalent.
• Qualified accountant or CIA.
• Experience in an Audit setting (External or Internal Audit).
• Experience with PCAOB audits or US Listed Company.
• Experience with Microsoft Dynamics 365 F&O or other ERP systems.
• Experience with Azure Cloud environments or other cloud environments.
• Strong project management skills.
• Exceptional communication skills (written and verbal).
• Excellent analytical skills.
• Excellent business acumen.
• Proficient with Microsoft Office, including Excel.
• Knowledge of PCI-DSS, GDPR, SOx, ISO 27001 standards.

Good to Have

• Some knowledge of programming or query languages (e.g., Python, SQL).

Perks & Benefits

• Private Healthcare scheme
• Dental Care
• 4 x Grand Prix Paddock passes per season
• Enhanced maternity/paternity leave and other family planning policies
• Free staff shuttle service to and from surrounding train stations near Biggin Hill
• Free healthy snacks in offices
• Subsidised canteen in Biggin Hill, serving breakfast and lunch
• 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure
• Opportunities to develop and request training via in-house Learning and Development team
• Discount on F1 merchandise
• Discount at F1’s experiences including F1 Arcade and F1 Drive
• Perkbox benefit portal

Are you ready to make your mark in the world of Formula 1?

At Formula 1, we are passionate about delivering the world’s greatest sports and entertainment spectacle leaving a positive legacy wherever we race. Innovation has always been at the heart of what we do ever since our first Grand Prix in 1950. Now, 75 years on, the sport remains a pioneer, developing technologies that have made a significant impact on society beyond the track.

Everything you see on screen or at an event comes via our passionate and dedicated people. Whether its engineering, broadcast, legal, logistics, security, event management, commercial, media rights, marketing, or communications there is always a talented team working to maximise the potential of the sport.

We are seeking an auditor to join our Risk and Controls team at F1. The successful candidate will be responsible for:

• Ensuring ongoing compliance with the requirements of SOx across Formula 1
• Supporting our Enterprise Risk Management programme by assisting in developing/maintaining risk registers and ongoing assessment processes
• Supporting on other ad-hoc SOx and risk-related projects as and when required

Main Duties and Responsibilities:

• Scoping: Conduct annual scoping exercises to determine the SOx scope of financial process, applications and tools
• Control Evaluation: Test the design and operational effectiveness of business process controls.
• Control findings: Prepare detailed audit documentation and reports, highlighting findings and recommendations. Lead root cause analysis assessments to identify causes of deficiencies and provide solutions to problems identified. Support the business with remediation activities.
• Continuous Improvement: Stay updated with emerging technologies and best practices in SOx compliance, audit and risk. Be confident in giving an opinion and driving change where processes can be improved.
• Collaboration: Work closely with finance and business teams to ensure compliance with SOx and other regulatory requirements.
• Project Management: Project manage multiple responsibilities across the SOx and risk workstreams. Work effectively with other members of the in-house and co-source teams. Manage the external auditors to ensure a smooth audit.
• Risk Assessment: Identify and evaluate risks and recommend mitigation strategies. Support on wider operational risk assessments.
• Training: Providing SOx training to members of the business as needed

About You

• Educated to degree level or equivalent
• Qualified accountant, or CIA
• Experience of working in an Audit setting – External or Internal Audit
• Experience of PCAOB audits or working for a FPI or US Listed Company
• Experience of working with Microsoft Dynamics 365 F&O (or other ERP systems) and Azure Cloud environments (or other cloud environments)
• Strong project management skills
• Exceptional communication skills (written and verbal)
• Excellent and insightful analytical skills.
• Some knowledge of programming or query languages (e.g. Python, SQL) would be beneficial
• Excellent business acumen (e.g., knowledge of business drivers, findings solutions and knowledge of accounting, finance, and other business areas)
• Proficient with the use of Microsoft Office, including Excel
• Knowledge of relevant compliance regulations – PCI-DSS, GDPR, SOx, ISO 27001 standards

Why join the force behind the sport?

Joining F1 means becoming part of a team that values innovation, collaboration and personal growth. We offer a dynamic work environment where ideas are heard, and employee contributions truly make an impact. We seek to recruit, develop, and retain the most talented people to play their role in accelerating the future of the sport. As a member of the F1 team, you will be able to access our amazing benefits:

• Private Healthcare scheme
• Dental Care
• 4 x Grand Prix Paddock passes per season
• Enhanced maternity/paternity leave and other family planning policies
• A free staff shuttle service running to and from surrounding trains stations near to Biggin Hill
• Free healthy snacks in our offices
• Subsidised canteen in Biggin Hill, serving breakfast and lunch
• 25 days annual leave and 8 Bank Holiday days, plus a Christmas period closure
• Opportunities to develop and request training for your role via our in-house Learning and Development team
• Discount on F1 merchandise
• Discount at F1’s experiences including F1 Arcade and F1 Drive
• Perkbox benefit portal and more