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A career in Turnaround, Restructuring, and Insolvency (TRI) offers a diverse and dynamic experience. You will gain exposure to various industries, business sizes, and entrepreneurs, benefiting from close working relationships with senior team members and high-quality on-the-job training. Job satisfaction comes from being part of a successful team and making a difference for stakeholders, including directors, shareholders, employees, and creditors.
The Role: As an Insolvency Administrator, you will assist partners, directors, and managers with formal insolvency appointments. Key Responsibilities:
- Preparing documents for insolvency appointments.
- Assisting with financial reports, including declarations of solvency, statements of affairs, estimated outcome statements, and receipts and payment accounts.
- Preparing documents for Companies House, creditors, and members.
- Conducting relevant internet searches.
- Managing ongoing trading in administration assignments, including negotiating with suppliers, handling customer queries, and addressing staff matters, which may involve site attendance.
- Collecting and logging company records.
- Preparing progress and final reports.
- Investigating the conduct of directors.
- Assisting employees with claims for arrears of wages, redundancy pay, etc.
- Facilitating the sale of assets.
- Analysing and collecting book debts.
- Handling creditor queries, agreeing, and paying claims.
- Completing insurance questionnaires.
- Preparing tax returns, including VAT, Corporation Tax, RTI, and liaising with councils over council tax/business rates.
- Preparing receipts and payments vouchers for estate accounts.
- Ensuring key targets are met as per case diaries.
The Person:
- Be eager to learn about business and the causes of business failure.
- Be literate and numerate.
- Be familiar with Word, Excel, and Outlook, and adaptable to unfamiliar software.
- Be a confident communicator, comfortable making phone calls.
- Work energetically and enthusiastically in a dynamic environment.
- Quickly assimilate information from various sources.
- Deliver high-standard work to tight deadlines.
- Be resilient in difficult situations, such as redundancy consultations.
- Work effectively as part of a team.
- Have a flexible and proactive approach.
Benefits:
- Life assurance at 2 x salary
- Income protection insurance
- 23 days holiday (able to purchase additional holiday after 3 months)
- Day off for your Birthday
- Corporate Health Cash Plan
- Dental insurance
- Cycle to Work Scheme
Additional Information: Overtime may be required occasionally, and where agreed, it will be paid. Due to the nature of the work, overtime can be at short notice.
If this sounds like the opportunity you are looking for, please apply now or contact Lorna Pilling directly on for a confidential discussion about this role and other potential opportunities.
Please Note: All applicants must have the right to work in the UK, as sponsorship for overseas employees cannot be provided for this role.
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