Vacancy Detail

Insolvency Administrator

Are you an experienced Administrator within Insolvency? This is a niche role where we are looking to hire an Insolvency Case Administrator this role will be based within the Wiltshire/Somerset area of the South West.

Hybrid working would be considered.

About us:

Our client are a leading independent firm of chartered accountants and commercial advisers. With offices across the Southwest of England, and as members of the highly-regarded national network Our diverse sector specialism and broad geographical reach across the South West means they have the ability to offer employees a broad range of experience both in the office and at a client's premises.

Role Purpose

To take responsibility for your own portfolio of case, mainly corporate but with some personal insolvency matters, from initial engagement to closure, as well as to assist the team on more complex matters and provide general support. The role also comes with the opportunity to get involved in the firm’s networking and business development functions.

Specific Duties & Responsibilities

• Setting up new cases on IPS.
• Preparing initial notices to stakeholders and monitoring the associated decision processes/assisting with virtual meetings.
• Drafting Statements of Affairs, Declarations of Solvency, Deficiency Accounts and other statutory documents.
• Ensuring initial statutory tasks as per the IPS diary and post-appointment case checklist are completed following appointment on new case.
• Preparing case account journals and payment requests.
• Ensuring that case bonds are in place and adjusted when necessary.
• Assisting with statutory investigations, including reviewing accounts, bank statements and other documents.
• Ensuring that dividends are notified, admitted, calculated and paid within the required time frame, using the case checklist and adhering to IPS diary prompts at all times.
• Preparing annual reports, case reviews and dealing with other statutory duties
• Reviewing cases for closure; completing all outstanding issues, including making dividend distributions to all types of creditors.
• Ensuring all tasks and cases are administered in compliance with the insolvency legislation; completion of ethical, AML, GDPR and other checklists.
• Ensuring that case management is recorded in a timely manner; maintaining the IPS case diaries, undertaking a regular review of and pro-actively managing upcoming and present tasks, diary lines and workflows and working in advance of deadlines to ensure tasks do not go overdue.
• Communicating with clients (directors and debtors), creditors, solicitors, agents and others on a regular basis.
• Undertaking all administrative tasks necessary to ensure the efficient management of each case.
• Reporting to the departmental manager on a regular basis to update them on closing progression and any compliance issues encountered.
• Travelling to clients' premises where necessary; very occasionally, due to the nature of the work, this might fall outside of normal office hours.
• Maintaining up to date technical knowledge in respect of insolvency legislation and best practice.

Benefits include:

• Flexible working – the opportunity to work remotely
• Generous holiday package plus bank holidays
• Life Assurance - 4 x gross annual salary
• Permanent Health Insurance Scheme
• Social committee and local events programme
• Volunteering programme (paid time off)
• Cycle to work scheme
• Well Being Programme
• Free eye tests
• Option to purchase additional holiday
• Access to a huge range of retailer discounts via our benefits platform
• A great culture

Why Our Client…

They have worked hard on their company culture. They are determined that your work life will be a positive experience and offer some great employee benefits and you will have a chance to implement positive change throughout the firm through their various committees and groups. They also hold regular social club events, so you can work hard and play hard!

Salary: £25,000.00-£30,000.00 per year

 

Location: Wiltshire | Salary: 25000 - 30000 per year | Job type: Permanent | Posted: 29/01/2024