Funding Associate

Car Benefit Solutions; Manchester; Hybrid; GBP 24,000 - 26,000; Full time

Benefits offered by this job

Hybrid working

35 hours per week

Supportive environment

Job summary

Car Benefit Solutions is seeking a Funding Associate to join the Treasury Team, handling in-life funding processes from drawdown to settlement across our funders. The role focuses on managing cashflow, reconciliations and funder communications to keep funding on track.

Based in Manchester with hybrid working and 35-hour weeks, the package offers £24,000–£26,000 per year, a supportive environment and opportunities to develop in finance and treasury.

Qualifications

• Maths and English GCSEs at grade 6/B or higher.
• Strong attention to detail and numerical aptitude.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Allocate, prepare and send drawdown schedules in line with Treasury requirements.
• Request and monitor utilisation of funder facilities as schemes grow.
• Process daily & weekly settlements and resolve discrepancies.
• Respond to general queries including clearance requests.
• Reconcile ledgers for funding partners and investigate aged items.
• Assist with funder audits as required.
• Maintain system data and support month-end closure.

Skills

Attention to detail

Numerical skills

Organised

Communication skills

Excel

Self-motivated

Adaptability

Education

GCSE Maths & English (Grade 6/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.

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

Essential

• 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

Desirable

• Previous experience in a finance/admin role
• Experience in the use of Microsoft Dynamics

The Package

• £24,000 - £26,000 per annum
• 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.