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.
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
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
- 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.