Insolvency & Banking Admin Associate

Kids for the Future; Toronto; On-site; CAD 55,000 - 75,000; Full time

Job summary

GlassRatner Advisory Canada in Toronto is seeking an Insolvency Administrator to support administration of insolvency proceedings, banking, and general practice operations from our office at 150 York St, Suite 1600.

You will input creditor and debtor details, prepare documents, handle reporting under the Bankruptcy & Insolvency Act, and assist with client communications and file management across engagements.

Responsibilities

• Administration of insolvency proceedings including inputting creditor and debtor details, assets, preparation of documents, filing documents with the Official Receiver, managing deadlines, organizing mailings and newspaper advertisements, preparing affidavits, maintaining insolvency computer-based data
• Answering creditor enquiries and dealing with creditor claims
• Assistance with the preparation of reports to creditors, attendance at meetings of creditors and inspectors (as required), preparation of minutes and general file review to ensure all outstanding matters are dealt with prior to assigning to closeout
• Dealing with other reporting in accordance with the Bankruptcy & Insolvency Act, as well as various other government reporting requirements such as the Wage Earner Protection Program Act
• Other support functions on insolvency engagements such as insurance filings, accounts receivable collection, financial reporting, screening related mail and responding accordingly or seeking instructions from file manager, etc
• Dealing with other professionals involved in the proceedings such as legal counsel, appraisal companies, interested parties, etc
• Managing the firm’s website for dissemination of information and documents on insolvency engagements
• Preparation of billings for professional services rendered and the taxation of accounts by the Court
• Large project organization and processing including liaising with onsite staff or outside professionals
• Managing and tracking section 246 reports required in Receiverships
• Dealing with receipt and distribution of OSB Certificates and Letters of Comment
• Perform PPSA and corporate searches as required
• Managing trust bank accounts, including account openings and closures, processing deposits and payments, and posting journal entry adjustments
• Liaising with financial institutions to resolve account discrepancies and respond to inquiries
• Preparing and filing HST returns for estates
• Preparing supporting documentation for HST audits and Payroll Trust examinations
• Communicating with the Canada Revenue Agency (CRA) regarding various business account matters
• Preparing T2 Short Corporate Income Tax Returns
• Assisting trustees with the review of general ledgers, Reports of Receipts and Disbursements, and special assignments
• Performing additional duties and special projects as assigned
• Managing the Restructuring Practice Engagements Schedule
• Scheduling and organizing appointments, travel plans, meetings and lunches for professional staff
• Preparation of various correspondence, reports and presentations and assisting professional staff with weekly time entry if requested
• Dictation typing
• Managing the monthly Restructuring meeting including preparing Agenda and Minutes
• Records and File Management including managing contract with provider
• Managing Data Site contract with provider and creating and updating Data Rooms as required
• Assisting all practice areas with any administrative tasks required (i.e. invoices, engagement letters, presentations, etc.)
• Registering staff for various educational conferences and marketing events and tracking of same for reporting purposes
• Sharing responsibilities in some event planning and other general marketing related activities
• Providing back up and temporary relief of reception duties including lunch breaks, couriers, greeting guests, processing and distributing daily mail, cleaning up kitchen and meeting rooms, etc
• Other tasks assigned as required

Job description

GlassRatner Advisory Canada in Toronto is seeking an Insolvency Administrator to support administration of insolvency proceedings, banking, and general practice operations from our office at 150 York St, Suite 1600.

You will input creditor and debtor details, prepare documents, handle reporting under the Bankruptcy & Insolvency Act, and assist with client communications and file management across engagements.