Funding Manager

Job Description:
An excellent opportunity to join a modern and dynamic business in their Tax & Treasury department in the role of Funding Manager.

* Hybrid working – 2 days from home / 3 days in their Bury office (onsite parking)

* Salary £35,000 – £40,000 plus excellent benefits including private Healthcare

* Working hours Mon – Fri 9am – 5pm (35 hours p/w)

An excellent opportunity has arisen with my client to join their Tax & Treasury department in the role of Funding Manager. The main purpose of the role is to manage and motivate the funding team to ensure group treasury and funding targets are met, alongside management of day-to-day relationships across our funding panel to ensure we create and retain all funding partners.

The team is 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.

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

This is an excellent opportunity for a Commercially minded candidate with a strong Finance background. Finance qualifications are not essential – strong QBE candidates will absolutely be considered

We regret to advise that only shortlisted candidates will be contacted

Job Reference:
221298558

Salary:
£35000 – £40000/annum