Insolvency Manager

Insolvency Manager

Watford Full-Time 24000 - 32000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead complex insolvency cases and manage a small team while providing training.
  • Company: Join a growing firm of Insolvency Specialists in Watford with a strong reputation.
  • Benefits: Enjoy a competitive salary, career progression, and opportunities for professional development.
  • Why this job: Gain hands-on experience in insolvency management and contribute to impactful marketing activities.
  • Qualifications: Proven insolvency experience at a managerial level; JIEB qualification is a plus.
  • Other info: This role offers a pathway to higher management responsibilities.

The predicted salary is between 24000 - 32000 £ per year.

Insolvency Manager

Insolvency Specialists are seeking an Insolvency Manager to join their established Watford office in accordance with their strategic growth plan.

You will take on a portfolio of more complex cases to support the Senior Management team. You will be responsible for managing up to 3 staff whilst on assignment, providing ‘on the job’ training and guidance. Main duties will include:

  • Acting as the lead on jobs undertaken
  • Liaising with Directors both pre and post appointment
  • Liaising with Solicitors to obtain legal advice on issues incorporating wrongful trading and other antecedent transactions
  • Responding promptly to formal communications
  • Attending meetings with creditors and shareholders
  • Preparing statements of affairs and estimated outcome statements
  • Monitoring job WIP and costs to budget
  • Allocating costs where appropriate
  • Identifying risk issues and drawing them to the attention of management

From the outset, you will have the opportunity to assist with the firm’s marketing activities. As you progress within the role your duties will become more delegation based, preparing you for a move into management.

You will need a proven track record in Insolvency having operated previously at a Manager level. Previous experience working on Administrations and Liquidations is essential and the JIEB qualification would be an advantage.

Salary

£30,000 to £40,000 + benefits + career progression

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Insolvency Manager employer: Levitate Recruitment - Accountancy and Insolvency Recruitment Specialists

Insolvency Specialists is an exceptional employer, offering a dynamic work environment in Watford that fosters professional growth and development. With a strong emphasis on employee training and mentorship, you will have the chance to lead a team while managing complex cases, all within a supportive culture that values collaboration and innovation. The firm also provides competitive salaries and benefits, ensuring that your contributions are recognised and rewarded as you advance in your career.
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Contact Detail:

Levitate Recruitment - Accountancy and Insolvency Recruitment Specialists Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insolvency Manager

✨Tip Number 1

Network with professionals in the insolvency field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.

✨Tip Number 2

Familiarise yourself with the latest trends and regulations in insolvency. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss specific cases you've managed in the past. Highlight your experience with complex cases, as well as your ability to lead a team and liaise with various stakeholders effectively.

✨Tip Number 4

Showcase your leadership skills by providing examples of how you've trained or guided staff in previous roles. This will be crucial for the Insolvency Manager position, where managing a team is a key responsibility.

We think you need these skills to ace Insolvency Manager

Insolvency Law Knowledge
Management Skills
Communication Skills
Attention to Detail
Problem-Solving Skills
Financial Analysis
Client Liaison
Team Leadership
Risk Management
Budgeting and Cost Control
Legal Compliance
Negotiation Skills
Time Management
Marketing Acumen

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in insolvency, particularly at a managerial level. Include specific examples of complex cases you've managed and any relevant qualifications, such as the JIEB.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your previous experience aligns with the responsibilities listed in the job description, especially your ability to manage staff and liaise with directors and solicitors.

Showcase Your Skills: Emphasise your skills in risk management, communication, and training. Provide examples of how you've successfully handled similar responsibilities in past roles, particularly in preparing statements of affairs and managing budgets.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the insolvency field.

How to prepare for a job interview at Levitate Recruitment - Accountancy and Insolvency Recruitment Specialists

✨Showcase Your Experience

Make sure to highlight your previous experience in insolvency, especially at a managerial level. Be prepared to discuss specific cases you've handled, particularly in Administrations and Liquidations, as this will demonstrate your capability to manage complex situations.

✨Understand the Legal Framework

Familiarise yourself with the legal aspects of insolvency, including wrongful trading and antecedent transactions. Being able to discuss these topics confidently will show that you are well-prepared and knowledgeable about the field.

✨Demonstrate Leadership Skills

Since you'll be managing a small team, it's crucial to convey your leadership style. Prepare examples of how you've trained or guided staff in the past, and be ready to discuss how you would approach team management in this role.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills and ability to identify risk issues. Think of examples where you've successfully navigated challenges in previous roles, as this will illustrate your critical thinking and decision-making abilities.

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