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- Tasks: Process finance documents and ensure accurate payments to suppliers and customers.
- Company: Fast-expanding asset finance business with a focus on UK SMEs.
- Benefits: Competitive salary, bonus, hybrid work, and additional benefits.
- Why this job: Join a dynamic team and make a real impact in the finance sector.
- Qualifications: Experience in payouts and attention to detail are essential.
- Other info: Great opportunity for career growth in a supportive environment.
The predicted salary is between 27000 - 30000 £ per year.
Our client is a fast-expanding, substantially backed asset finance business specialising in the provision of a range of funding options into the UK SME and mid-corporate sectors. They are looking to recruit an experienced Payouts Administrator.
Working within a fast-paced environment, the successful candidate will need to be experienced in Payouts.
Responsibilities:
- Work closely with the underwriters and Sales/Sales Support team to ensure that all business is accurately processed in line with company policies and procedures, and within agreed deadlines.
- Check finance documents, with the ability to calculate and check rental profiles, rates and commissions ensuring these meet regulatory requirements.
- Attention to detail and the confidence to challenge irregularities has proved to be a key ability.
- Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities are carried out to the standards needed.
- Have a full understanding of all the finance products.
- Ability to load and administer all types of finance agreements on a finance platform, with a full understanding of how each agreement works.
- Responsible for preparing correct payments to suppliers, brokers and customers.
- Ideally looking for candidates from an Asset or Motor Finance background.
In the first instance please send your CV in confidence to Lucy Davies at lucy@cbcrs.co.uk.
Payouts Administrator employer: CBC Recruitment Solutions
Contact Detail:
CBC Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payouts Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the asset finance industry on LinkedIn or at local events. 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 brushing up on your knowledge of finance products and compliance requirements. We recommend practising common interview questions with a friend to boost your confidence and ensure you're ready to impress.
✨Tip Number 3
Showcase your attention to detail! During interviews, share examples of how you've caught irregularities in past roles. This will demonstrate your ability to maintain high standards, which is crucial for a Payouts Administrator.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Payouts Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payouts Administrator role. Highlight your experience in payouts and any relevant skills that match the job description. We want to see how you fit into our fast-paced environment!
Showcase Attention to Detail: Since attention to detail is key for this role, include examples in your application where you've successfully managed complex tasks or identified irregularities. This will show us you have what it takes to thrive in our team.
Understand Our Business: Do a bit of homework on asset finance and the specific products we offer. Demonstrating your understanding of our business in your application will set you apart and show us you're genuinely interested in joining our team.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at CBC Recruitment Solutions
✨Know Your Numbers
As a Payouts Administrator, you'll be dealing with finance documents and calculations. Brush up on your numerical skills and be ready to discuss how you’ve handled financial data in the past. Practise calculating rental profiles and commissions so you can demonstrate your expertise.
✨Understand the Products
Make sure you have a solid grasp of the finance products relevant to the role. Research the different types of finance agreements and be prepared to explain how they work. This will show that you're not just familiar with the role but also genuinely interested in the industry.
✨Attention to Detail is Key
Highlight your attention to detail during the interview. Prepare examples of when you've caught errors or challenged irregularities in previous roles. This will reassure them that you can maintain high standards in compliance and governance.
✨Collaborate and Communicate
Since you'll be working closely with underwriters and sales teams, emphasise your teamwork and communication skills. Think of instances where you successfully collaborated with others to meet deadlines or resolve issues, as this will demonstrate your ability to thrive in a fast-paced environment.
