Description:
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