We are currently partnered with a well-established, growing Corporate Finance boutique who are in urgent requirement for the recruitment of an Insolvency Administrator.

The Role

• To contribution to the formal insolvency team dealing with a mixture of insolvency cases.

Responsibilities

• Reporting directly to line manager, case manager, senior administrators as required.
• Keep Partner(s), Directors and/or manager(s) updated on current position of cases as required.
• Efficient and cost-effective progression of case portfolio.

Case Work

• Plan, control and maintain a portfolio of cases comprising ADMs, CVLs, COMPs, CVAs, ADRs, MVLs, BKY's.
• Assist team in continuing to trade on site at clients' premises.
• Progress case administration with supervision from manager/senior administrator.
• Progress cases to closure, having regard to the time and budgets for each individual case.
• Deal with and adjudicate on retention of title, preferential and unsecured claims with assistance.
• Draft reports to debenture holders/committee/the creditors and the court.
• Prepare documentation for statutory meetings, e.g. p51, s98, s48, s105, s106.
• Draft directors' disqualification reports.
• Deal with day to day correspondence, including non-standard correspondence.
• Calculate and arrange payment of dividends to all classes of creditors.
• Carry out file reviews on time to ensure proactive progression of cases.

Financial matters

• Prepare and interpret receipts and payments summaries and estimated outcome statements.
• Prepare draft statement of affairs.
• Complete appropriate banking and cheque request forms, etc., in order to ensure that estate monies are handled and dealt with correctly.
• Complete VAT/tax returns.

Compliance issues

• Adhere to statutory compliance and current legislation, best practice and the businesses policies and procedures.
• Maintain and update IPS diary lines.
• Maintain checklists and complete file reviews in timely manner to ensure proactive case progression.

Asset realisations/Sale of business

• Liaise with solicitors and professional agents.
• Maximise asset realisations ensuring that recoveries are pursued in a proactive and cost effective manner.

Competencies

• Planning and organisation
• Communication
• Client Care
• Working with IT
• Teamwork

Experience & Qualifications

• Minimum 2 years' relevant insolvency experience.
• Good knowledge of all types of insolvency, particularly administrations, receiverships, company voluntary arrangements and liquidations and all aspects of insolvency casework and trading on situations.
• Ability to apply technical knowledge to day to day case work.
• Studying towards ACCA/ACA qualification (desirable but not essential) or ICAEW Certificate in Insolvency.