Restructuring & Insolvency - Senior Executive

TieTalent; Bolton; Hybrid; GBP 40,000 - 65,000; Full time

Job summary

A leading professional services network is seeking a Senior Executive in their Restructuring & Insolvency Service team in Manchester. This role involves managing corporate insolvency engagements and collaborating with experienced colleagues. The firm values personal development and embraces a hybrid working model, promoting teamwork and efficiency in handling complex insolvency cases.

Qualifications

• Experience in corporate insolvency work is essential.
• Knowledge of insolvency legislation and statutory requirements.
• Experience in statutory report production in insolvency cases.

Responsibilities

• Manage a portfolio of corporate insolvency engagements focusing on Administrations.
• Prepare statutory notices and assist with report writing.
• Liaise with stakeholders and maintain control schedules.

Skills

Organisational skills

Time management

Attention to detail

Teamwork

Education

CPI or ACA qualification

Tools

IPS

Microsoft Office

Job description

Restructuring & Insolvency - Senior Executive

Our Restructuring & Insolvency Service team are looking for an experienced Senior Executive to join their established team in Manchester. You will work alongside a diverse and experienced group where your personal development is at the forefront of our culture. While the role is based in our Manchester office, you may also have the opportunity to work with our Insolvency Practitioners in other regions as we operate as a national practice across all areas of restructuring, by embracing a hybrid working model.

Our Restructuring & Insolvency Service team are looking for an experienced Senior Executive to join their established team in Manchester. You will work alongside a diverse and experienced group where your personal development is at the forefront of our culture. While the role is based in our Manchester office, you may also have the opportunity to work with our Insolvency Practitioners in other regions as we operate as a national practice across all areas of restructuring, by embracing a hybrid working model.

Job Purpose

The purpose of the role is to be a key member of a team responsible for a portfolio of corporate insolvency engagements with a particular focus on Administrations (“ADMs”) but also on occasion Creditors' Voluntary Liquidations ("CVLs"). You will be proactive in progressing those cases in conjunction with the case manager and officeholders.

Job Role

The role will involve the following main activities and responsibilities (working within a team which comprises on each case, the appointed IP, case manager plus others on larger cases):

• Being the principal contact within delegated areas of work on assigned cases and dealing with day-to-day case related matters.
• Carry out duties efficiently, thoroughly and in accordance with relevant legal and statutory obligations and the firm's procedures.
• Contribute to case progression and managing own work stream, agreeing priorities with manager, and keeping the team informed of developments.
• Preparing statutory notices, assisting with report writing and meeting deadlines.
• Assisting with the preparation of fee estimates, proposals and decision procedures to seek appropriate creditor approval.
• Assisting in the preparation of additional reports to key stakeholders.
• Assisting with areas of investigation work to meet the requirements of SIP2 and CDDA and contributing to reports for submission to the Insolvency Service.
• Assisting in maintaining the receipts and payments account, preparing vouchers for the cashier team to update the case cashbook.
• Assisting in the preparation of VAT returns, as required.
• Attending meetings, documenting discussion at meetings for the case file, including action points to follow up.
• Contributing to the case strategy and preparing file notes to document key decision-making in case strategy
• Preparing case reviews in line with the firm's policy, highlighting action points to be followed up.
• Liaising with specialist tax teams as required and assisting with VAT, PAYE and CT compliance.
• Ensuring each case checklist and diary are kept up to date
• Dealing with creditor queries and correspondence, logging claims received
• Assisting with compliance regarding company records
• Assisting with progressing asset realisations, including liaising with agents and solicitors; and updating control schedules
• Assisting with the marketing process when a business is offered for sale

Person Specification

• Must have experience of corporate insolvency work.
• Must have experience of using IPS and Microsoft Office programmes (or equivalent).
• CPI or ACA qualification (preferred but not essential).
• Has knowledge of the statutory requirements Administrations and also have an understanding of insolvent liquidations.
• Has a good working knowledge of insolvency legislation and an awareness of relevant current case law.
• Able to prepare estimated outcome statements, including a Prescribed Part calculation, where relevant.
• Able to maintain control schedules for recording progression with e.g. ROT claims, debtor collections.
• Has experience of producing statutory reports in insolvency cases
• Able to work well in a team and to work effectively under time pressure to meet strict deadlines.
• Possesses strong organisational and time management skills.
• Able to work with a high degree of accuracy and attention to detail.
• Able to identify case-related issues, to independently research and suggest options to resolve.
• Keen to develop self and others.

About Forvis Mazars

Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just two members: Forvis Mazars LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories.

Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward.Through our reach and areas of expertise, we help organisations respond to emerging sustainability issues in the global marketplace including human rights, climate change, environmental impacts and culture.

We are one diverse, multicultural, multi-generational team with a huge sense of connection and belonging. This is a place where you can take ownership of your career, get involved, believe in yourself and put your ideas into action.

At Forvis Mazars, we empower our people and celebrate individuality. We thrive on teamwork and are agile. We have bold foresight and give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and have a deeper understanding, to help make an impact so that everyone can reach their full potential.

Being inclusive is core to our culture at Forvis Mazars; we want to ensure everyone, whether in the recruitment process or beyond is fully supported to be their unique self. To read more about our approachclick here.

Our aim is to make the recruitment process as accessible and inclusive as possible - please contact us to discuss any changes you may require so we can work with you to support you throughout your application.

Visit forvismazars.com/uk to learn more.