At AlixPartners we solve the most complex and critical challenges by moving quickly from analysis to action when it really matters; creating value that has a lasting impact on companies, their people, and the communities they serve. By understanding, respecting, and honouring the needs of our employees, clients, and communities, AlixPartners actively promotes an inclusive environment. We strongly believe in the value that diversity brings to our experiences and are committed to the perpetual enhancements of initiatives, policies, and practices. We hold ourselves accountable by providing the space for authenticity, growth, and equity for everyone.
AlixPartners has embraced a hybrid work model to provide flexibility and support our employees' work-life integration. Our hybrid model combines a mix of in-person (at client site or AlixPartners office) and remote working. Travel is part of this position, but the frequency may vary based on client, team, and individual circumstances.
We are in an increasingly busy restructuring market and our Turnaround & Restructuring Services practice has ambitious growth plans. Composed of the most respected financial restructuring professionals in the industry, AlixPartners is widely recognised for its long and successful record in helping its clients resolve urgent situations and implement rapid change.
What you'll do
This opportunity is within our London-based contingency planning and insolvency team, an integral part of the wider Turnaround and Restructuring Services practice. This team is renowned for its experience in complex projects having been involved in some of the most significant and high profile restructuring advisory and formal insolvency cases in the market.
This role provides an exciting opportunity to join AlixPartners and be involved with a portfolio of insolvency cases - taking responsibility for statutory duties, creditor communications, investigations, employee redundancies, claims and correspondence, case closure and supporting the Treasury team.
Key requisite skills will include an ability to work well as part of a team, a hardworking and diligent approach, self-motivation, high technical insolvency knowledge and risk awareness and good written and communication skills.
Working closely with the wider team, your responsibilities will include:
- Statutory and compliance matters: working across a portfolio of cases from pre-appointment, promoting legal and statutory compliance and efficient progression of the cases to closure.
- Case administration: accurate completion of case checklists and periodic file reviews, case file/system set up and general case record-keeping.
- Creditor reporting: involvement with drafting statutory creditor reports (including SIP16 and Administrators' Proposals) and statutory notifications including creditor meetings/decisions.
- Stakeholder management: communication with a range of stakeholders, including creditors and employees (i.e. via dedicated mailboxes, creditor portal, email and post).
- Employees: supporting with employee related matters including consultation processes, redundancies and ERA claims submission.
- Distributions to creditors: implementing the claims agreement and distribution processes to all categories of creditors.
- Statutory investigations: contributing to investigations into the affairs of the insolvent company and director conduct, including completion of checklists and online conduct reports, reviewing financial information and transactions, and providing support for any legal action.
- Practice development: Supporting colleagues with strategic initiatives, resource maintenance, training and insolvency related practice development projects.
- Technical knowledge: proactively maintain and update own knowledge and share with others.
- Ad hoc support: support with ad hoc workstreams as required (i.e. trading, residual asset realisations, licenses to occupy etc), including occasional client site visits.
What you'll need
Successful candidates will be able to demonstrate the following: Good experience in a professional services or corporate environment, including at least 3 years* specific experience in insolvency and restructuring. A sound understanding of financial accounting principles and good numerical and analytical capabilities. Proven technical expertise across the range of UK insolvency processes and a comprehensive knowledge of the UK Insolvency statutory and regulatory framework. A formal insolvency qualification, such as ICAEW's Certificate of Insolvency or the IPA's Certificate of Proficiency in Insolvency, would be beneficial. Strong experience in all aspects of IPS is essential (IPS Cloud beneficial), alongside proficiency in Microsoft Word and Excel.
Skills & Competencies
Strong interpersonal skills, including with proven ability to build and maintain relationships in order to work well with colleagues across the team and wider TRS practice. The ability to use your own initiative and
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Turnaround & Restructuring - Insolvency Vice President employer: AlixPartners
At AlixPartners, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values diversity and inclusivity. Our hybrid work model provides the flexibility needed for a healthy work-life balance, while our commitment to employee growth ensures that you will have ample opportunities to develop your skills and advance your career. Located in London, you will be part of a team that tackles complex challenges head-on, making a meaningful impact on clients and communities alike.
