Funding Associate at Car Benefit Solutions
Bury, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

16 Aug, 25

Salary

26000.0

Posted On

16 May, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

Are you ready to play a pivotal role in financial operations? We’re looking for a Funding Associate to join our dynamic Treasury Team.
As a Funding Associate you 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 US

At Car Benefit Solutions, we specialise in providing Employee Car Ownership Schemes and other customised car schemes, such as salary sacrifice. With support from leading motor manufacturers and managed by our dedicated team at CBS, our schemes are thoughtfully designed to bring benefits to both employers and employees.
We have a strong reputation in the Automotive and Corporate sectors. We are proudly recognised as a 2-star outstanding best company to work for, ranked 3rd in the Business Services sector. Additionally, we are among the top 25 employers in the Northwest region. Our Gold status further exemplifies our commitment to our people as Investors in People and We Invest in Wellbeing.

Responsibilities
  • Ensure drawdown schedules are prepared and sent in accordance with Treasury guidelines.
  • Request and monitor utilisation of funder dealer facilities in line with scheme growth forecasts.
  • Request daily & weekly finance settlements, reviewing and querying any discrepancies.
  • General queries including dual interest queries and clearance requests.
  • Review and balance purchase ledger accounts for all funding partners, while identifying and resolving outstanding or aged transactions.
  • Assist with funder audits.
  • Posting Drawdown & Settlement uploads into the system accurately & timely.
  • 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.
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