At a Glance
- Tasks: Assist with insolvency administration tasks and manage creditor queries.
- Company: Join a supportive team in a dynamic insolvency firm.
- Benefits: Gain valuable experience, develop skills, and enjoy a collaborative work environment.
- Other info: Opportunity for growth and learning in a fast-paced setting.
- Why this job: Make a difference by helping clients navigate financial challenges.
- Qualifications: Strong communication, organisational skills, and proficiency in Microsoft Office.
The predicted salary is between 25000 - 30000 £ per year.
In this role you will assist the team with a range of insolvency administration tasks, primarily relating to Administrations. Responsibilities include preparing standard letters, completing statutory checklists, monitoring the claims inbox, and responding to creditor queries by phone, post, and email while answering calls in a professional manner. The role also involves preparing tax and VAT returns, payment requests, and sections of progress reports, as well as supporting investigations, managing company records, conducting online searches, and ensuring timely document filing and storage. Additional ad-hoc administrative tasks will also be required.
Specific duties and responsibilities:
- Preparation of standard letters and completion of checklists within statutory limits
- Greeting visitors
- Monitoring a claims inbox, logging claims & responding to creditors
- Completion of corporation tax and VAT returns
- Preparation of payment requests and verification of bank details
- Dealing with basic creditor enquiries by phone, post and email
- Assistance in drafting sections of progress reports to creditors in sufficient time in advance of deadlines
- Assisting with collation and review of claims for dividend purposes
- Assisting with initial investigations into the financial affairs of a company by conducting bank statement reviews
- Collection of company books and records and subsequent preparation of inventories
- Filing of documents and maintaining the filing room
- Document management to ensure closed cases are sent to storage in a timely manner
- Undertaking online company searches
- Submission of post via hybrid mail system including mail merges
- To take responsibility for additional ad-hoc tasks
Skills required:
- Strong written and verbal communication skills
- Strong organisational skills and ability to prioritise tasks to meet all deadlines
- Attention to detail and accuracy
- Good numeracy skills
- Proficient at using Microsoft Excel, Word, and Outlook
- Full clean driving licence
- Ability to work effectively both independently and as part of a team
- Professional and confident telephone manner
- Willingness to learn and adapt to new systems and processes
- Strong problem-solving and analytical skills
- Ability to handle confidential and sensitive information appropriately
- Customer-focused attitude with a proactive approach to work
- Time management and multitasking abilities
- Confidence in dealing with a range of stakeholders, including creditors and clients
Team Support Administrator employer: ThinkIQ
As a Team Support Administrator, you will thrive in a dynamic and supportive work environment that values collaboration and professional growth. Our company offers comprehensive training and development opportunities, ensuring you can enhance your skills while contributing to meaningful insolvency administration tasks. Located in a vibrant area, we promote a healthy work-life balance and foster a culture of respect and inclusivity, making us an excellent employer for those seeking a rewarding career path.
StudySmarter Expert Advice🤫
We think this is how you could land Team Support Administrator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ThinkIQ. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Team Support Administrator
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 ThinkIQ.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ThinkIQ's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ThinkIQ
✨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 ThinkIQ.
✨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 ThinkIQ 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 ThinkIQ 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.
