Insolvency Executive

Job Title: Insolvency Executive
Contract Type: Permanent
Location: London
Salary: £28000.00 - £32000.00 per annum
Reference: 3487959_1543940356
Contact Name: Robert McIlroy
Contact Email:
Job Published: December 04, 2018 16:19

Job Description


Your new company
An award winning and expanding National Corporate Recovery & Insolvency firm offering flexible working conditions is looking to offer a junior insolvency professional with experience in corporate insolvency case work the opportunity to join the London team. The London operation of this professional practice has 25 members of staff including 6 fee earning partners and has just relocated to stunning serviced office premises in the heart of the City. The firm offers its staff at Executive level with interesting and varied work to get their teeth stuck which will be almost entirely corporate insolvency cases including trading and non-trading Administrations, Creditors Voluntary Liquidations and Compulsory Liquidations with active involvement in investigation work with accountants and solicitors. The firm is seeing a recent increase in appointments for corporate entities included FCA regulated companies and large and more complex matters than its competition. The firm is committed to investing in its staff and will provide a comprehensive study support package for both Accountancy and Insolvency qualifications including ACCA, CPI & ICAEW Certificate in Insolvency and the JIEB.

Your new role
As an Insolvency Executive will be assigned a portfolio of around 40 cases which they will be required to assist on, reporting to a Senior Executive, Assistant Manager or to the Directors or Partners. Cases will include trading and non-trading Administrations; Creditors' Voluntary Liquidations and Compulsory Liquidations. You will be reporting to a Senior Executive, Assistant Manager, Director or Partner in all case matters with help and guidance. Your role will include case take on procedures including AML and KYC checks; case set up on IPS software; compiling notifications and reports to creditors; interrogating financial data; investigating directors conduct and reporting to government bodies; realising assets and distributing proceeds to creditors; reporting to stakeholders including banks and dealing with tax and HMRC enquiries and other tasks required. Closure of cases is dealt with by a separate team and the London team does not deal with Members Voluntary Liquidations.

What you'll need to succeed
You will have full eligibility to work in the UK without restriction and previous experience in corporate insolvency administration is essential. As a guide you will have a minimum of 18 months to 2 years' experience already. Those that have not had exposure to certain case types may be considered and will be given training accordingly. It would be advantageous to have previous experience of using IPS software and paperless document management system Virtual Cabinets. You may be studying towards an accounting or an insolvency qualification. You will have a good attitude and will be committed to your work and progression within your role. You will have excellent communication skills both orally and written with a keen eye for detail. You will be organised and prepared.

What you'll get in return
This is a rare opportunity which is created by growth and not attrition of staff. The firm is supportive and will provide full study support tuition on a case by case basis. Promotion targets will be periodically assessed to help employees achieve their career goals with merit based promotions a regular occurrence. The open planned office encourages interaction between all levels of staff to speed progression of juniors. The firm operates a 35 hour working week and flexible working conditions which means that you can start and finish early or late as you wish. You will be given the opportunity to work on an interesting and mixed portfolio of insolvency work with an above average level of high profile and more complex insolvency matters. The firm encourages teamwork and socialising with numerous staff events held throughout the calendar year. You will be recognised for your hard work by receiving an above average market rate salary and benefits package including 28 days holiday, pension scheme and a range of other benefits.

What you need to do now
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