Our Top 10 client is seeking an experienced Insolvency Assistant Manager to act as team leader, responsible for a variety of corporate insolvency cases and a number of bankruptcy cases at our client's Manchester office.
The Client
Our client is a leading business advisory practice, locally, nationally and globally. Their restructuring and insolvency team are amongst the most respected in the profession.
The Role
As Assistant Manager you will be working as a team leader responsible
for a varied case load reporting to managers, associate directors and partners
within the team and other regional offices. Overseeing, training and supporting
other members of the team ensuring that work is delegated, monitored and
completed timely. Additional responsibility for the supervision of the
Bankruptcy role and again providing
support to the Bankruptcy administrator.
- Overseeing
the completion of statutory requirements for new Insolvency appointments
specifically Administrations, CVLs and Receiverships
- Liaising
with delivery teams to ensure each case is compliant
- Final
asset realisation following handover of the case from the delivery team,
including property sales, freehold sales, recovery of director loan
accounts etc.
- Liaising
with solicitors and property agents
- Overseeing
of creditor claim agreement process
- Dividend
audit and distributions
- Preparation
of estimated outcome statements, drafting bank/stakeholder reports
- Reviewing
and finalising reports to creditors
- Preparation
of cost estimates and remuneration requests
- Assisting
with decision procedures and deemed consent approvals
- General
case progression
- Monitoring
IPS diary lines
- Arranging
weekly team meetings to monitor workloads
- Case
closure
Requirements
- Must
have a good understanding of new Insolvency Rules and IPS
- Ability
to work under pressure to tight deadlines
- Ability
to fully support, train and mentor other team members
- At
least 5 years Insolvency experience
- CPI
qualification preferred but not essential
Salary
A competitive salary is negotiable for this role subject to experience and qualifications, with potential for a higher salary for more experienced candidates.
