Car Benefit Solutions
Funding Associate
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Funding Associate
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.
About the Role
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.
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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
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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.
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