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.
RequirementsWhat 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.
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
- £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.
Benefits
Skills Required
- Minimum Grade 6/B in Maths and English GCSE's
- Methodical with attention to detail
- Strong numerical and analytical skills
- Good organisation and planning skills
- Excellent communication skills
- Ability to work under pressure
- Advanced MS Office skills, particularly in Excel
- Previous experience in a finance/admin role
- Experience in the use of Microsoft Dynamics
What We Do
With over 20 years of experience and expertise, we are a leading provider of employee car benefits. As a privately owned company, our key strengths include our flexible and agile approach. We’re trusted experts in our field. We work with some of the world’s biggest businesses and brands to deliver employee car benefits. Working in partnership with automotive manufacturers, we can give your business access to the latest vehicles, including electric and motorbikes. We take pride in putting our customers at the heart of everything we do. From solution design to launch and beyond, our team is dedicated to ensuring we add value to your business.
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