Stock Funding Reconciliation and Audit Specialist

Secure Trust Bank PLC.; Cardiff; On-site; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking a Reconciliation and Audit Specialist to enhance their dealer audit processes. In this role, you'll manage audit schedules, oversee dual systems, and ensure compliance with settlement terms to mitigate financial risks. Your analytical skills and proactive approach will be essential in identifying key risks and coordinating effectively with various stakeholders. This dynamic position offers a chance to thrive in a fast-paced environment while contributing to operational excellence. Join a team that values detail-oriented professionals and offers a rewarding work experience.

Benefits

Annual bonus scheme

Life assurance

Matched pension contributions

25 days annual leave plus bank holidays

Wellbeing hour

Flexible benefits

Free breakfast

Paid volunteering days

Free parking

Qualifications

• Proven experience in audit coordination and risk management.
• Strong analytical skills and attention to detail.

Responsibilities

• Coordinate audits with suppliers and field staff.
• Identify and escalate critical risks during audits.

Skills

Audit Coordination

Risk Management

Data Analysis

Communication

Education

Degree in Finance or Related Field

Tools

VLOOKUP

Data Management Systems

Job description

Are you a detail-oriented professional with a knack for managing complex operations and audits? Do you thrive in dynamic environments where your skills in risk management and coordination can shine?

About the Role

As a Reconciliation and Audit Specialist in Stock Funding, you'll play a crucial role in ensuring the smooth operation and integrity of our dealer audit processes. You'll work closely with 3rd parties, dealers and field based teams to coordinate audit schedules, manage operational audit visits, and oversee operations involving dual systems. Your ability to identify and escalate key risks, manage records, and ensure compliance with settlement terms will be essential in mitigating financial losses and maintaining our high standards.

Key Responsibilities

• Audit Coordination: Schedule and manage audits with two suppliers while coordinating operational audit visits with field staff. Maintain and utilise two distinct systems to ensure seamless audit processes.

• Risk Identification and Escalation: Identify critical risks during audits and promptly escalate them due to their significant financial implications.

• HPI React Management: Oversee the HPI React process in stock funding, ensuring new vehicle interests are raised swiftly and accurately to prevent financial losses.

• HPI Exceptions Process: Download HPI React data, compare it with settlement data using VLOOKUPs and data analysis, and settle vehicles according to agreed exception terms.

• Risk Watch List Reviews: Participate in risk watch list reviews to identify dealers with potential issues and escalate audits as necessary.

• Enhanced Audit Management: Manage audits for dealers under enhanced scrutiny, ensuring thoroughness and promptness.

• Audit Frequency Compliance: Run reports to ensure all dealers are audited according to their scheduled frequency. Coordinate with suppliers to replace physical audits with digital ones when appropriate.

• New Dealer Onboarding: Manage the onboarding process for new dealers, ensuring their initial training audits are completed efficiently and addressing any issues with suppliers in a timely manner.

About You

You are a proactive and organised professional with strong analytical skills and attention to detail. You have experience in audit coordination, risk management, and data analysis. You are comfortable working with multiple systems and can effectively communicate with various stakeholders. Your commitment to excellence and ability to thrive in a fast-paced environment make you an ideal fit for our team.

How you will be rewarded

Along with your salary, you also get;

• Annual bonus scheme
• Life assurance
• Matched pension contributions
• 25 days annual leave plus bank holidays and your birthday off, on us!
• A wellbeing hour to spend doing whatever makes you happy
• A wide range of flexible benefits from Cycle2Work to private healthcare
• Free breakfast, fruit, and hot drinks throughout the day
• Paid volunteering days and matched charity fundraising
• Free parking