Insolvency Administrator

Insolvency Administrator

Job type: Full time/Permanent

Location: Remote with project travel

Role purpose

Preparing documents and managing a portfolio of Insolvency cases under the supervision of a senior administrator or Manager. Effectively communicating with a variety of internal and external stake-holders.

Insolvency Administrator, Responsibilities

• Assisting with liquidations, administrations and other formal corporate procedures
• Assisting senior staff with the administration of their case portfolio.
• Responsible for a small portfolio of cases, most of a similar type and of simple nature
• Entry onto data system, including creditor, shareholder and employee information
• Drafting standard documentation/letter packs
• Preparing case related documents such as progress reports, statement of affairs, SIP6 reports, proposals, final reports etc
• First draft of statutory reports and proposals
• Preparation of statutory reports and proposals ready for review by MGR
• Basic data entry and financial analysis
• Keeping accurate records and updating case management systems
• Preparing engagements and issuing to directors/clients
• Obtain information and draft AML/client due diligence etc
• Case set up on practice management systems including IPS and document management system
• Reviewing case diaries and ensuring information up to date
• Actively managing case progression incorporating pre-appointment, progression and closure
• Recognising receipts and payments, passing payments to cashiering team for processing
• Communicating with creditors and other stakeholders
• Handle confidential information in a professional manner
• Respond to client queries in a timely manner
• Attending and/or setting up creditors’ meetings, virtual meetings
• Ability to forge a positive relationship with directors
• Drafting ad hoc written communications: – emails and letters
• Providing general advice to stakeholders on the insolvency process
• Adhere to statutory compliance and current legislation, best practice and policies and procedures
• Assisting in the investigation of the conduct of directors and the affairs of the companies in liquidation
• Manage employee claims with assistance
• Assisting in the realisation of assets and distribution of funds to creditors
• Liaise with professional agents
• Review of company records for investigation purposes
• Reviewing and updating case checklists
• Investigating director’s conduct
• Prepare director’s disqualification reports
• Understanding of basic cashiering functions
• Attend meetings with directors to discuss best solution for their company
• Provide administrative support to more senior staff members
• Assist more junior staff members with their work and queries
• Act on instruction and direction from more senior staff
• Become involved in marketing initiatives and start to grow personal business network

Insolvency Administrator, General skills required

• Proficient in Microsoft Word, Excel and Teams
• Strong communication and interpersonal skills (written and verbal)
• Confident telephone manner – Liaising with directors and stakeholders by telephone
• Access to full remote working set up including strong internet connection and space for dual monitors
• Experience with IPS and Virtual Cabinet
• Strong organisational skills and the ability to work well under pressure

Personal qualities that will set you up for success

• Courage, integrity and an understanding/respect of entrepreneurial spirit
• Upholding our company reputation, and increasing positive exposure
• High levels of empathy, resilience and professionalism
• Ensuring policies and procedures adhere to applicable regulation and legislation
• General business acumen coupled with a mindset geared towards continuous improvement and growth
• A sense of fun with a natural ability to engage with others and promote team spirit

Experience required

2+ Years Insolvency experience is ideal but we will certainly consider those with the general skills required and a hunger to learn and progress.

You must have the right to work in the UK.

To apply, please email a CV and cover letter to: careers@babr.co.uk

About BABR

BABR was founded by Paul Bailey and Tom Ahmad in 2007, founded on trust and a mission to deliver impactful solutions.

As a team of trusted Insolvency Practitioners, BABR take pride in empowering people to overcome financial challenges. We strive to create a culture where clients feel comfortable discussing their problems, and we provide them with the courage to resolve them.

As for our company culture, we want to be a great place to work. A place where everyone feels valued, inspired and is rewarded. And we don’t just talk about being different. We really are. We work mostly virtually though we’re anything but remote; We’re a connected team. We don’t just talk about work-life balance, we give people the trust and freedom to manage their work load with flexible hours. We don’t just reference wellbeing, we focus on all aspects of health and personal development with mentoring and coaching programmes. We champion each and every person and invest in their success. And we passionately believe in having fun whilst we go about our business. As an Insolvency Administrator, you’ll find that anyone you interact with will have a welcoming smile and will insist on supporting you.