At a Glance
- Tasks: Manage funding processes and support the Treasury Team in daily operations.
- Company: Join Car Benefit Solutions, a top-rated employer focused on employee wellbeing.
- Benefits: Competitive salary, hybrid working, and a supportive environment for growth.
- Other info: Enjoy a flexible work culture with opportunities for professional development.
- Why this job: Be part of a dynamic team making a real impact in finance and treasury.
- Qualifications: Strong maths and English skills, attention to detail, and a proactive attitude.
The predicted salary is between 24000 - 26000 £ per year.
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
- 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.
Funding Associate in Bury St Edmunds employer: Car Benefit Solutions
At Car Benefit Solutions, we pride ourselves on being a top-tier employer, recognised as a 3-star World Class Best Company to Work For. Our supportive work culture fosters employee growth and well-being, offering hybrid working options and a commitment to continuous improvement. Join us in a role that not only enhances your career but also contributes to innovative employee car ownership solutions in a dynamic and rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Funding Associate in Bury St Edmunds
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of the team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your skills relevant to the Funding Associate role.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Funding Associate in Bury St Edmunds
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Funding Associate role. Highlight your numerical and analytical skills, as well as any relevant experience in finance or admin. We want to see how you can contribute to our Treasury Team!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your motivation, attention to detail, and how you align with our core values. This is your chance to show us your personality!
Showcase Your Skills:Don’t forget to mention your advanced MS Office skills, especially in Excel. If you've got experience with Microsoft Dynamics, make sure to include that too! We love seeing candidates who are tech-savvy.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. We can’t wait to hear from you!
How to prepare for a job interview at Car Benefit Solutions
✨Know Your Numbers
As a Funding Associate, you'll be dealing with numbers all day long. Brush up on your numerical skills and be prepared to discuss how you've used them in past roles. Maybe even bring along examples of financial reports or analyses you've worked on.
✨Master the Details
Attention to detail is key in this role. During the interview, highlight instances where your meticulous nature has saved time or money. Be ready to explain how you ensure accuracy in your work, especially when it comes to reconciliations and settlements.
✨Showcase Your Organisation Skills
With responsibilities like preparing drawdown schedules and managing queries, organisation is crucial. Share specific strategies you use to stay organised, such as tools or methods that help you manage your workload effectively, especially under tight deadlines.
✨Communicate Clearly
Excellent communication skills are essential for this position. Practice explaining complex financial concepts in simple terms. During the interview, demonstrate your ability to communicate clearly and confidently, whether you're discussing past experiences or answering questions.