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Senior Commercial Insolvency Administrator - London

  • Location: London
  • Salary: £40,000 - £45,000 DOE per year
  • Job Type:Permanent

Posted about 1 month ago

  • Sector: Front-Line Talent, Customer Contact
  • Contact: Sally Brearley
  • Contact Email: sbrearley@merje.com
  • Contact Phone: 0161 883 2755
  • Expiry Date: 17 June 2024
  • Job Ref: 11716/SBR

Job Title: Senior Insolvency Administrator

Location: London

Type: Full-time

Salary: £40k - £45k DOE

About the Role:

Are you an experienced insolvency professional looking for a new challenge? Our client, a leading insolvency and business recovery firm, is seeking a dedicated and meticulous Senior Insolvency Administrator to join their dynamic team. In this role, you will provide comprehensive support in managing and administering a variety of insolvency cases, ensuring compliance with all relevant laws, regulations, and internal procedures.

Key Responsibilities:

1. Case Management:

  • Collaborate with Case Managers to assist in the administration of various insolvency cases, including bankruptcies, CVLs, MVLs, and administrations.
  • Maintain accurate and up-to-date case files using the in-house document storage and case management systems.
  • Coordinate communication between internal and external stakeholders, including creditors, debtors, legal teams, agents, and regulatory authorities.

2. Compliance and Regulation:

  • Ensure adherence to insolvency laws, regulations, and best practices, seeking guidance when necessary.
  • Prepare statutory reports and documentation (e.g., CT100, VAT returns, SIP16) accurately and in a timely manner.
  • Monitor deadlines and regulatory filings using the diary line management system, and ensure timely submissions and compliance with procedures.
  • Flag potential missed deadlines early and provide clear explanations for any errors.
  • Use CDDA workbooks and handle document filing with Companies House and HMRC.

3. Financial Analysis and Reporting:

  • Review financial statements, balance sheets, and other documents to assess the financial position of insolvent entities.
  • Assist in the preparation of asset valuations and creditor distributions.
  • Produce statements of affairs and conduct low-level financial analysis to identify recovery opportunities and risks.
  • Manage the cashiering function on cases, including dividend distribution and cheque requests, as well as assisting with WIP projections and billing.

4. Stakeholder Communication:

  • Act as the primary point of contact for cases, providing updates and addressing case-specific queries.
  • Maintain professional relationships and ensure effective communication to achieve positive outcomes for all stakeholders.

5. Administrative Support:

  • Provide administrative assistance to Insolvency Practitioners (IPs) and senior team members as required.
  • Assist in preparing documentation for court proceedings, creditor meetings, and other legal processes.
  • Ensure accurate time recording and submission of time sheets.
  • Assist with conflict checks, KYC processes, and case setup.
  • Perform general office duties, including filing, data entry, and correspondence management.

Qualifications and Skills:

  • Proven experience in insolvency administration.
  • Strong understanding of insolvency laws and regulations.
  • Proficiency with insolvency case management systems (experience with Insolv and VC preferred).
  • Excellent communication and interpersonal skills.
  • Strong organizational and time management skills.
  • Attention to detail and the ability to manage multiple tasks simultaneously.
  • Financial acumen and the ability to conduct basic financial analysis.

Why Join Us?

  • Competitive salary and benefits package.
  • Opportunity to work with a leading firm in the insolvency and business recovery sector.
  • Supportive and collaborative team environment.
  • Professional development and career progression opportunities.

If you are a proactive and detail-oriented insolvency professional looking for a rewarding role, we would love to hear from you. Apply now to join our client's esteemed team and contribute to their continued success.

Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.