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    Funding Manager - United Kingdom - Favourite People

    Favourite People
    Favourite People United Kingdom

    3 weeks ago

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    Description

    3 days ago Be among the first 25 applicants

    • Hybrid working - 2 days from home / 3 days in their Bury office (onsite parking)
    • Salary £40,000 - £45000 plus excellent benefits including private Healthcare
    • Hybrid working - 2 days from home / 3 days in their Bury office (onsite parking)
    • Salary £40,000 - £45000 plus excellent benefits including private Healthcare
    • Working hours Mon - Fri 9am - 5pm (35 hours p/w)
    An excellent opportunity has opened up with my client to join their Tax & Treasury department in the role of Funding Manager. The main purposes of the role are the management of day-to-day relationships across the funding panel to ensure we create and retain all funding partners, as well as daily management and motivation of a small team of Funding Associates. The role plays a key part in the month-end process, responsible for reviewingand signing off completed reconciliations for Funder accounts, as well as preparing relevant P&L analysis and commentary to support monthly management accounts, internal board reporting and additional MI requirements for funding partners. Key duties and responsibilities include;
    • Plan monthly drawdown activity in line with group Funding and Treasury policies, with consideration to market rates, group profitability forecasts and funder restrictions/requirements
    • Ownership of daily cash flow forecasting, monitoring group cash balances to ensure daily/monthly treasury targets are met
    • Management of day-to-day funder relationships.
    • Remain aware of external developments and potential threats to all credit lines and communicate and document these with relevant management teams.
    • Provide information and support as/when required to facilitate any increases or changes to any existing funding facilities, or any facilities with potential new funders.
    • Review and sign off relevant Management Account reconciliations, providing commentary of funding costs movements to support monthly group Management Accounts.
    • Support commercial functions in preparation of annual forecasts.
    • Ongoing analysis/reporting to support variance analysis and re-forecasting processes
    • Support Head of Department and wider finance team during annual financial audit
    • Hands on and proactive staff management, conduct regular 121's with Funding Team, including setting, reporting, and monitoring objectives in line with departmental KPIs and strategy.
    • Support the Board of Directors, Management Board, and wider business functions on ad-hoc projects as and when required.
    • Work with Operations department to drive forward system improvements and developments, creating efficiencies and ensuring robust Treasury controls and procedures
    Funding costs are the largest in the business, so keen attention to detail andcommercial awareness is needed to ensure targets are met, and that both funding and cash activities are optimized for business/financial performance.Finance qualifications are desirable but not essential - my client will consider Part Qualified or Qualified by Experience To apply for this role, please send your CV to We regret to advise that only shortlisted candidates will be contacted

    Seniority level

    • Seniority level

      Director

    Employment type

    • Employment type

      Full-time

    Job function

    • Job function

      Finance and Sales

    • Industries

      Staffing and Recruiting

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