Senior Funding Scrutiny & Audit Specialist in London

Senior Funding Scrutiny & Audit Specialist in London

London Full-Time 50000 - 60000 £ / year (est.) Home office (partial)
Dormont Manufacturing Co

At a Glance

  • Tasks: Conduct funding scrutiny and audits to ensure compliance and protect against financial risks.
  • Company: Join Multiverse, a leading upskilling platform transforming the workforce for the AI era.
  • Benefits: Enjoy 27 days holiday, private medical insurance, and a hybrid work model.
  • Other info: Be part of a diverse team committed to safeguarding and promoting learner welfare.
  • Why this job: Make a real impact by ensuring financial integrity in a fast-growing EdTech company.
  • Qualifications: Experience in funding knowledge, data analysis, and project management required.

The predicted salary is between 50000 - 60000 £ per year.

Multiverse is the upskilling platform for AI and Tech adoption. We have partnered with 1,500+ companies to deliver a new kind of learning that’s transforming today’s workforce. Our upskilling apprenticeships are designed for people of any age and career stage to build critical AI, data, and tech skills. Our learners have driven $2bn+ ROI for their employers, using the skills they’ve learned to improve productivity and measurable performance. In June 2022, we announced a $220 million Series D funding round co-led by StepStone Group, Lightspeed Venture Partners and General Catalyst. With a post‑money valuation of $1.7bn, the round makes us the UK’s first EdTech unicorn. But we aren’t stopping there. With a strong operational footprint and 800+ employees, we have ambitious plans to continue scaling. We’re building a world where tech skills unlock people’s potential and output. Join Multiverse and power our mission to equip the workforce to win in the AI era.

Role Purpose

To function as the internal “Third Line of Defence,” mimicking the rigour of an external DfE auditor to protect Multiverse from funding clawback. You will execute a continuous schedule of “funding scrutiny” and use data tools to detect and quantify financial liability.

Key Responsibilities

  • Funding Scrutiny: Execute a continuous schedule of funding scrutiny and FRM analysis, including reporting findings to our Chief Finance Officer and Regulatory Affairs leadership.
  • PDSAT Analysis: Run and analyse PDSAT (Provider Data Self‑Assessment Toolkit) reports to identify data anomalies. You will quantify the financial liability of specific errors to prioritise fixes.
  • Department Auditing: Conduct targeted audits on specific departments or processes to ensure compliance with funding rules. Lead “Mock Audit” simulations, acting as the primary point of contact for internal teams to “prep” their evidence.
  • Project Management: Lead and support cross‑functional improvement projects.
  • Quality Control: Perform deep‑drive quality checks on ILR data, Change of Circumstance requests, and Break in Learning evidence.
  • Feedback Loop: Provide critical feedback based on audit findings. Your insights drive improvement.
  • Improvement Plans: Drive cross‑functional improvements in auditability and evidence collection, ensuring we are always “audit‑ready.” Serve as a subject matter expert during the design phase of new processes and products, ensuring that “auditability” is built into the workflow from the start.

What You’ll Bring

  • Funding Knowledge: Deep understanding of what constitutes valid evidence for apprenticeship funding (e.g., off‑the‑job training rules). Ability to interpret guidance and apply it to complex learner journeys.
  • ILR Technical Knowledge: Strong working knowledge and understanding of the ILR Technical Specification.
  • PDSAT & Data Integrity: Proven experience running and resolving PDSAT reports. They should be able to explain the “why” behind common error reports (e.g., overlapping dates, missing NIH numbers, or 42‑day qualifying period breaches).
  • Audit Lifecycle Management: Experience in at least one “live” ESFA/DfE financial assurance audit or a robust internal mock audit. They must understand the Evidence Pack requirements for learner and programme eligibility.
  • Risk Assurance & Strategic Reporting: Able to produce regular reports from complex data into high‑level strategic narratives to provide C‑Suite and senior leadership with data backed confidence to drive informed, top‑down decision making.
  • Project Management: A proven track record of driving long‑term, cross‑functional improvement projects.
  • Data Analysis: Able to transform raw data into actionable insights by leveraging complex formulas, pivot tables, and automated workflows.
  • Detail Oriented: A forensic eye for detail and experience in auditing and/or quality assurance.
  • Objectivity: The ability to remain objective and rigorous in checking internal work.

Benefits

  • Time off: 27 days holiday, plus 5 additional days off: 1 life event day, 2 volunteer days, 2 company‑wide wellbeing days (M‑Powered Weekend) and 8 bank holidays per year.
  • Health & Wellness: private medical Insurance with Bupa, a medical cashback scheme, life insurance, gym membership & wellness resources through Wellhub and access to Spill – all in one mental health support.
  • Hybrid work offering: for most roles we collaborate in the office three days per week with the exception of Coaches and Instructors who collaborate in the office once a month.
  • Work‑from‑anywhere scheme: you’ll have the opportunity to work from anywhere, up to 10 days per year.
  • Space to connect: Beyond the desk, we make time for weekly catch‑ups, seasonal celebrations, and have a kitchen that’s always stocked!

Our Commitment to Diversity, Equity and Inclusion

We’re an equal opportunities employer. And proud of it. Every applicant and employee is afforded the same opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. This will never change.

Our Commitment to Safeguarding

Multiverse is committed to safeguarding and promoting the welfare of our learners. We expect all employees to share this commitment and adhere to our Safeguarding Policy, our Prevent Policy and all other Multiverse company policies. Successful applicants will be required to undertake at least a Basic check via the Disclosure Barring Service (DBS). For roles that will involve a Regulated Activity, successful applicants must also undergo an Enhanced DBS check, including a Children’s Barred List check and a Prohibition Order check. Roles involving Regulated Activity may interact with vulnerable groups, therefore are exempt from the Rehabilitation of Offenders Act 1974 meaning applicants are required to declare any convictions, cautions, reprimands, and final warnings. Providing false information is an offence and could result in the application being rejected or summary dismissal if the applicant has been selected, and possible referral to the police and the DBS.

Senior Funding Scrutiny & Audit Specialist in London employer: Dormont Manufacturing Co

Multiverse is an exceptional employer, offering a dynamic work culture that prioritises employee well-being and professional growth. With generous benefits including 27 days of holiday, private medical insurance, and a hybrid work model, employees are empowered to thrive both personally and professionally. Join us in our mission to transform the workforce for the AI era, where your contributions directly impact the future of learning and development.

Dormont Manufacturing Co

Contact Details:

Dormont Manufacturing Co Recruitment Team

StudySmarter Expert Advice🤫

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We think you need these skills to ace Senior Funding Scrutiny & Audit Specialist in London

Funding Knowledge
ILR Technical Knowledge
PDSAT Analysis
Audit Lifecycle Management
Risk Assurance
Strategic Reporting
Project Management

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