At a Glance
- Tasks: Assist with corporate and personal insolvency case administration and maintain accurate records.
- Company: Join a reputable firm specialising in insolvency with a supportive team environment.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to learn from experienced professionals.
- Why this job: Make a difference by helping individuals and businesses navigate financial challenges.
- Qualifications: Strong organisational skills and attention to detail are essential.
The predicted salary is between 31500 - 38500 £ per year.
Case Administration Assist with the administration of corporate and personal insolvency appointments, including liquidations, administrations, bankruptcies, CVAs and IVAs.
Maintain accurate electronic and physical case files and ensure that all statutory and internal deadlines are monitored.
Prepare and issue notices, letters, reports, forms and other statutory correspondence.
Assist with the preparation and submission of statutory documents to Companies House, the Insolvency Service and other relevant authorities.
Maintain case diaries and ensure that outstanding actions are followed up promptly.
Assist Insolvency Practitioners and Managers with the day-to-day management of cases.
Creditors and Claims Maintain creditor databases and update creditor information.
Send notices to creditors and respond to routine creditor enquiries.
Process and review proofs of debt and supporting documentation.
Maintain schedules of creditors and assist with the adjudication of claims.
Assist with the calculation and payment of dividends where applicable.
Deal professionally and promptly with creditor correspondence and telephone enquiries.
Asset Realisation and Investigations Assist with the identification, collection and realisation of company or individual assets.
Obtain and review relevant financial and other documentation.
Assist with investigations into directors' conduct, antecedent transactions and other potential recoveries.
Liaise with solicitors, agents, valuers, banks, accountants and other professional advisers as required.
Maintain accurate records of asset realisations, expenses and recoveries.
Banking and Financial Administration Assist with the administration and reconciliation of insolvency bank accounts.
Record receipts and payments accurately.
Process invoices and expenses in accordance with internal procedures.
Assist with financial reconciliations and preparation of case accounting information.
Compliance Ensure all work is undertaken in accordance with the Insolvency Act 1986, Insolvency Rules, SIPs, regulatory requirements and the firm's internal policies and procedures.
Assist with maintaining case compliance checklists and statutory records.
Ensure deadlines and statutory reporting requirements are monitored and met.
Maintain appropriate records to support audit and regulatory requirements.
General Responsibilities Provide administrative support to Insolvency Practitioners and case managers.
Communicate professionally with creditors, debtors, directors, employees and other stakeholders.
Assist with general office administration and data management.
Maintain confidentiality and handle sensitive financial information appropriately.
Undertake other duties reasonably required in connection with insolvency assignments.
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Insolvency Administrator in Harrow employer: Neum Insolvency Ltd
As an Insolvency Administrator with us, you'll thrive in a supportive and dynamic work environment that prioritises professional growth and development. Our commitment to employee well-being is reflected in our comprehensive benefits package and a culture that values collaboration and innovation. Located in a vibrant area, we offer unique opportunities to engage with a diverse range of clients and cases, making your role both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Insolvency Administrator in Harrow
✨Tap into Campus Networks
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We think you need these skills to ace Insolvency Administrator in Harrow
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Neum Insolvency Ltd.
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How to prepare for a job interview at Neum Insolvency Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Neum Insolvency Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Neum Insolvency Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Neum Insolvency Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
