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Marks Sattin recruitment
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Birmingham, West Midlands
Insolvency Administrator
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Job Type: Full-time |
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Salary: £25,000 per annum |
Overview
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.