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Insolvency Administrator (TBDA)

The Role Insolvency Administrator (TBDA)
Where is the business based? Trafford House, Chester Road, Manchester, M32 0RS
Who do I report to? Insolvency Manager (TBDA) and IVA Manager plus Managing Director
Why me? Most people stumble into the Insolvency profession not knowing how interesting and challenging the role of an insolvency administrator can be. Ideally you will have a number of years’ experience of both corporate and personal insolvency.

The cases you will deal with will be varied and interesting. From IVA’s for farmers and barristers to CVA’s for engineering companies, to administrations of packaging companies. (These are just examples)

Check out our cases studies on our website to see the type of cases that we handle.

Its essential that you buy into our ethos of ”Doing the right thing” for the clients we act for and creditors. We live in a highly regulated environment – FCA regulates our advice to individuals and our IP is regulated by the IPA.  If you are a maverick – don’t apply, we are only interested in caring compliant team players.

What’s the role involve You will have a mixed portfolio of cases which include liquidations, Company Voluntary Arrangements, Administrations as well as some complex self employed IVA’s.

 

Your role will be to attend with the manager/IP meetings with company representatives pre-appointment and under the direction of both help pull together the pre-appointment documents, reports, etc and also help liaise with agents on asset valuations, help with employee issues.

 

When it comes to appointed cases, you will be expected to be able to be “on it” in terms of maintaining case progression, dealing with asset realisations, agreeing  creditors’ claims, helping with distributions.

 

Also its vital that you are on top of your 6 month case review and annual reports are completed well within deadline. We are looking for someone who has ownership and does not let cases slip.

Who is the team? The team at The Debt Advisor which incorporates The Business Debt Advisor are special and well chosen. You will work with everyone in the team including the IP Bev Budsworth, Laura Walshe (TBDA Manager), IVA team managers and administrators, drafting, advisory and cashiering teams.
What does “on it” mean As mentioned we are looking for someone who is “on it” and capable of working with a range of different systems including Puritie (IVA system), IPS and Keyed In (time recording) and be extremely proficient with excel in terms of preparing and maintaining spreadsheets, cashflows, outcome statements, etc.

All teams take part in monthly competitions. For team TBDA this is based on getting case reviews completed within 2 to 4 weeks of the due date. Other performance indicators are:-

·        Completion of annual reports will fall within one month, 6 weeks, 7 weeks, or on statutory deadline. You will be expected to ensure that less than 25% of reports are completed on statutory deadline, and no more than a further 10% are completed within 7 weeks.

·        Completion of case reviews will fall within one month, 6 weeks, 7 weeks or on deadline.  You will be expected to ensure that less than 25% of reviews are completed on deadline, and no more than a further 10% are completed within 7 weeks.

·        Chargeability is expected to be no less than 85% per week, unless you are on annual leave, on sick leave, or tasked with a specific assignment which is not chargeable.

It is expected that you maintain a caseload that is comparative to other administrators.  Information will be made available to you at one-to-ones, and appraisals.

What’s in it for you?

 

We have a habit of developing careers and want to make sure you maximise the potential. Progress is tracked by frequent one to one’s, coaching and mentoring.  We aim to have more formal assessments on an annual basis. This is an opportunity to make sure you career is developing and we are maximising your opportunities.
Education, Previous Experience, Skill and Knowledge: We want to attract intelligent individuals and so its vital you have at least 5 GCSE’s at Grade C or above, including Maths and English.  Ideally you will be able to generate proficiency in these areas.  You will also have A Levels and be a graduate (or have equivalent higher education). CPPI, CPI is desirable but not a pre-requisite.

Some experience of corporate insolvency is desirable. Must have experience of using Microsoft Office, time recording systems, IPS, Companies House and other relevant sites.

It is a condition of employment that you make yourself available for and take advantage of internal training, or external training, as and when it is required.

Are you our type? You will be if you are confident, self motivated, organized, client focused, kind and a great team player. You also will be able to communicate effectively both in writing and when speaking.
Hours of Work: ·        Monday to Friday

·        09:00 – 17.30, with 1 late shift from 11:30 – 20:00

Benefits: ·        Salary £24,000 to £27,000 dependant on experience

·        Relevant study package where applicable

·        Pension and Death in Service, post completion of probation period

·        22 days + bank holidays

To apply for the role above, please email a copy of your CV to recruitment@thedebtadvisor.co.uk. Alternatively, you can post it to:

The Debt Advisor Ltd
Trafford House
Chester Road
Manchester
M32 0RS