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Insolvency Administrator

Marks Sattin recruitment
Job LocationBirmingham
EducationNot Mentioned
Salary£25,000 - £35,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time

Job Description

We are currently partnered with a well-established, growing Advisory boutique who are in urgent requirement for the recruitment of an experienced 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, BKYs.
  • 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.
    • Required skills
  • Insolvency Administrator

    • Keyskills :
    Insolvency Administrat

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