Funding Associate

Car Benefit Solutions Limited; Bryn; On-site; GBP 28,000 - 38,000; Full time

Benefits offered by this job

Hybrid working (2 days from home after

Probation-driven DBS check

Job summary

Car Benefit Solutions is seeking a Funding Associate to join the Treasury Team and manage end-to-end funding processes from drawdown to settlement across our funders. The role sits in a department focused on commercial treasury, tax compliance and client risk, enabling value and reducing exposure.

The package includes hybrid working and a role that supports process improvement within a growing company. DBS checks are part of pre-employment screening.

Qualifications

• Maths and English GCSEs at Grade B+ or higher.
• Strong numerical and analytical abilities.
• Excellent spoken and written communication skills.
• Advanced MS Office skills, especially Excel.
• Self-starter with ability to work with minimal supervision.
• Flexible and adaptable in a growing business.

Responsibilities

• Allocate, prepare and send drawdown schedules in line with Treasury requirements.
• Request and monitor utilisation of funder facilities in line with growth forecasts.
• Request daily & weekly finance settlements, reconcile discrepancies.
• Respond to general queries including dual interest and clearance requests.
• Reconcile purchase ledgers for funding partners and investigate aged items.
• Assist with funder audits as required.
• Post Drawdown & Settlement uploads into the system accurately.
• Update and maintain system data as appropriate.
• Support Funding Coordinator to ensure smooth month-end closure.
• Create and maintain documentation for all processes and look for smarter ways of working.

Skills

Numerical skills

Analytical skills

Communication skills

MS Excel

Self-motivated

Organisational skills

Education

Maths & English GCSEs (Grade B+ or higher)

Tools

Microsoft Dynamics

Job description

We are looking for a Funding Associate who will be an integral part of the Treasury Team, responsible for all in-life funding processes, from drawdown through to settlement of all funded agreements across our panel of funders.

The Treasury and Taxation Department is a team focused on commerciality and is responsible for managing the daily and long-term treasury requirements of the business, meeting all statutory requirements in relation to taxation and reporting, and managing credit and client risk, enabling the business to maximise returns and minimise risk.

About Us

At Car Benefit Solutions, we specialise in Employee Car Ownership Schemes and bespoke salary sacrifice solutions. Supported by leading motor manufacturers and powered by our dedicated CBS team, our schemes create genuine value for both employers and employees.

We're proudly a 3-star World Class Best Company to Work For, ranked 3rd in the Business Services sector and among the Top 25 employers in the Northwest. As holders of Investors in People Gold and We Invest in Wellbeing, our people and culture are at the heart of everything we do.

Requirements

What You'll Be Doing

• Allocate, prepare and send drawdown schedules in line with Treasury requirements.
• Request and monitor utilisation of funder dealer facilities in line with scheme growth forecasts.
• Request daily & weekly finance settlements, reviewing and querying any discrepancies.
• Respond to general queries including dual interest queries/clearance requests.
• Reconcile purchase ledger accounts for all funding partners and investigation of outstanding/aged items.
• Assist with funder audits as required.
• Posting Drawdown & Settlement uploads into the system accurately & timely.
• Update and maintain system data as appropriate.
• Assist the Funding Coordinator in addressing month-end queries to facilitate a seamless and accurate month-end closure process.
• Create & maintain documentation for all processes, whilst proactively looking to provide smarter ways of working and generating ideas on business best practice.

What You'll Bring

• Minimum Grade 6/B or higher in Maths and English GCSE's
• Methodical with an unyielding attention to detail
• Strong numerical and analytical skills
• Good organisation and planning skills
• Excellent spoken and written communication skills
• Drive, motivation and initiative with the ability to work under pressure and to tight deadlines
• Self-starter with the ability to work with minimum supervision
• Flexible and adaptable approach to working in a rapidly growing and changing business
• Hard working, self-motivated and determined
• Advanced MS Office skills, particularly in Excel
• Ability to work in line with CBS Core Values of pride, integrity, accountability, continuous improvement and enjoyment
• Previous experience in a finance/admin role
• Experience in the use of Microsoft Dynamics

The Package

• 35 hours per week, Monday-Friday
• Hybrid working, 2 days from home after probation
• A supportive environment to thrive and develop

Please note as part of our pre-employment checks, all successful applicants must undergo a basic DBS check prior to starting employment.