What are the responsibilities and job description for the Financial Regulations Manager position at GM Performance Power Units?
GM Performance Power Units – Concord, NC
Title: Financial Regulations Manger
Department: Finance
Job Summary
GM Performance Power Units is seeking a detail-oriented and proactive Financial Regulations Manager to lead all reporting and compliance activities related to the FIA Financial Regulations and Cost Cap. This pivotal role supports both regulatory adherence and strategic optimization of financial controls, partnering closely with finance, FP&A, and business teams to enable competitive performance within compliance frameworks.
Key Responsibilities
You’ll play a pivotal role in ensuring the reliability and performance of a next-generation Formula 1 power unit. Our culture rewards precision, innovation, and the relentless pursuit of performance.
Please note: GM Performance Power Units and all affiliated companies are Equal Opportunity employer(s). Minorities, women, veterans, and individuals with disabilities are encouraged to apply. For more information regarding the EEOC, please visit https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf.
Only direct hires need apply to or inquire about job postings at GM Performance Power Units. We are not accepting calls, resumes or applications from recruiting firms at this time.
Title: Financial Regulations Manger
Department: Finance
Job Summary
GM Performance Power Units is seeking a detail-oriented and proactive Financial Regulations Manager to lead all reporting and compliance activities related to the FIA Financial Regulations and Cost Cap. This pivotal role supports both regulatory adherence and strategic optimization of financial controls, partnering closely with finance, FP&A, and business teams to enable competitive performance within compliance frameworks.
Key Responsibilities
- Prepare accurate and compliant submissions to the FIA as required by Financial Regulations
- Coordinate responses, clarification requests, and agenda proposals for the CFO’s presentations at the FIA Financial Advisory Committee and other FIA requests
- Lead external audits for Cost Cap Agreed Upon Procedures and FIA audits, ensuring timely and thorough completion
- Create and maintain monthly Cost Cap actuals reporting to support financial analysis and decision-making
- Manage Cost Cap-specific adjustments and postings within the finance system during monthly close
- Collaborate with FP&A to maintain monthly year-to-go Cost Cap forecasts and multi-year budgets
- Maintain detailed documentation of Financial Regulations interpretations and fair value assessments
- Stay current on changes in Financial, Technical, Sporting Regulations, and relevant accounting standards impacting the Cost Cap
- Support initiatives to optimize Power Unit (PU) performance while maintaining Cost Cap compliance
- Develop and deliver Financial Regulations training and education programs across the organization
- Prepare presentation materials for senior management and other reporting forums
- Bachelor’s degree in Finance, Accounting, Economics, Business, or related field; MBA or professional accounting qualification (ACA, ACCA, CIMA) preferred
- Experience working in a regulatory environment; motorsport or sporting regulatory experience highly desirable
- Proven experience managing both internal and external financial audits
- Advanced proficiency in Microsoft Excel, Power BI, and financial management software such as IFS, Microsoft D365, SAP, or Oracle
- Strong analytical skills with experience handling large datasets
- Solid project management skills with the ability to manage multiple priorities and deadlines
- Adaptability and resilience thriving in a fast-paced, dynamic environment
- High attention to detail and quality assurance in reviewing work of self and others
- Strong collaborative skills with the ability to influence and communicate effectively at all organizational levels
- Proactive, results-driven mindset with commitment to delivering high-quality outputs
- Integrity and ethical conduct, with a strong commitment to professional standards
- Curious and enthusiastic about challenging the status quo while ensuring compliance
- Demonstrated leadership experience managing high-performance teams
- Experience working cross-functionally with diverse teams and stakeholders
- Ability to interpret complex financial regulations and provide actionable guidance
- A critical role in ensuring compliance and optimizing financial regulations within elite motorsport programs
- The opportunity to work alongside top-tier finance, legal, and engineering professionals
- Competitive salary, comprehensive benefits, and career growth potential within GM’s global network
- A dynamic, inclusive culture that values innovation, precision, and teamwork
You’ll play a pivotal role in ensuring the reliability and performance of a next-generation Formula 1 power unit. Our culture rewards precision, innovation, and the relentless pursuit of performance.
Please note: GM Performance Power Units and all affiliated companies are Equal Opportunity employer(s). Minorities, women, veterans, and individuals with disabilities are encouraged to apply. For more information regarding the EEOC, please visit https://www.eeoc.gov/employers/upload/poster_screen_reader_optimized.pdf.
Only direct hires need apply to or inquire about job postings at GM Performance Power Units. We are not accepting calls, resumes or applications from recruiting firms at this time.