At a Glance
- Tasks: Join a dynamic team managing corporate insolvency cases and contribute to impactful solutions.
- Company: Forvis Mazars, a global leader in professional services with a focus on inclusivity.
- Benefits: Hybrid working model, personal development opportunities, and a supportive team culture.
- Other info: Be part of a diverse team that values individuality and collaboration.
- Why this job: Make a real difference in the world of restructuring while growing your career.
- Qualifications: Experience in corporate insolvency and strong organisational skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
Our Restructuring & Insolvency Service team are looking for an experienced Senior Executive to join their established team in Manchester. You will work alongside a diverse and experienced group where your personal development is at the forefront of our culture. While the role is based in our Manchester office, you may also have the opportunity to work with our Insolvency Practitioners in other regions as we operate as a national practice across all areas of restructuring, by embracing a hybrid working model.
Job Purpose
The purpose of the role is to be a key member of a team responsible for a portfolio of corporate insolvency engagements with a particular focus on Administrations (“ADMs”) but also on occasion Creditors' Voluntary Liquidations ("CVLs"). You will be proactive in progressing those cases in conjunction with the case manager and officeholders.
Job Role
- Being the principal contact within delegated areas of work on assigned cases and dealing with day-to-day case related matters.
- Carry out duties efficiently, thoroughly and in accordance with relevant legal and statutory obligations and the firm's procedures.
- Contribute to case progression and managing own work stream, agreeing priorities with manager, and keeping the team informed of developments.
- Preparing statutory notices, assisting with report writing and meeting deadlines.
- Assisting with the preparation of fee estimates, proposals and decision procedures to seek appropriate creditor approval.
- Assisting in the preparation of additional reports to key stakeholders.
- Assisting with areas of investigation work to meet the requirements of SIP2 and CDDA and contributing to reports for submission to the Insolvency Service.
- Assisting in maintaining the receipts and payments account, preparing vouchers for the cashier team to update the case cashbook.
- Assisting in the preparation of VAT returns, as required.
- Attending meetings, documenting discussion at meetings for the case file, including action points to follow up.
- Contributing to the case strategy and preparing file notes to document key decision-making in case strategy.
- Preparing case reviews in line with the firm's policy, highlighting action points to be followed up.
- Liaising with specialist tax teams as required and assisting with VAT, PAYE and CT compliance.
- Ensuring each case checklist and diary are kept up to date.
- Dealing with creditor queries and correspondence, logging claims received.
- Assisting with compliance regarding company records.
- Assisting with progressing asset realisations, including liaising with agents and solicitors; and updating control schedules.
- Assisting with the marketing process when a business is offered for sale.
Person Specification
- Must have experience of corporate insolvency work.
- Must have experience of using IPS and Microsoft Office programmes (or equivalent).
- CPI or ACA qualification (preferred but not essential).
- Has knowledge of the statutory requirements Administrations and also have an understanding of insolvent liquidations.
- Has a good working knowledge of insolvency legislation and an awareness of relevant current case law.
- Able to prepare estimated outcome statements, including a Prescribed Part calculation, where relevant.
- Able to maintain control schedules for recording progression with e.g. ROT claims, debtor collections.
- Has experience of producing statutory reports in insolvency cases.
- Able to work well in a team and to work effectively under time pressure to meet strict deadlines.
- Possesses strong organisational and time management skills.
- Able to work with a high degree of accuracy and attention to detail.
- Able to identify case-related issues, to independently research and suggest options to resolve.
- Keen to develop self and others.
About Forvis Mazars
Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just two members: Forvis Mazars LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward.
Through our reach and areas of expertise, we help organisations respond to emerging sustainability issues in the global marketplace including human rights, climate change, environmental impacts and culture. We are one diverse, multicultural, multi-generational team with a huge sense of connection and belonging. This is a place where you can take ownership of your career, get involved, believe in yourself and put your ideas into action.
At Forvis Mazars, we empower our people and celebrate individuality. We thrive on teamwork and are agile. We have bold foresight and give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and have a deeper understanding, to help make an impact so that everyone can reach their full potential.
Being inclusive is core to our culture at Forvis Mazars; we want to ensure everyone, whether in the recruitment process or beyond is fully supported to be their unique self. Our aim is to make the recruitment process as accessible and inclusive as possible - please contact us to discuss any changes you may require so we can work with you to support you throughout your application.
Visit forvismazars.com/uk to learn more.
Restructuring & Insolvency - Senior Executive in Oldham employer: TieTalent
As a leading engineering firm in the United Kingdom, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our Brewery Automation & Electrical Engineer role not only offers competitive salaries and comprehensive benefits but also provides ample opportunities for professional growth and development within a supportive environment. Join us to be part of a team that is dedicated to enhancing brewery efficiency while enjoying the unique advantages of working in a vibrant industry.
StudySmarter Expert Advice🤫
We think this is how you could land Restructuring & Insolvency - Senior Executive in Oldham
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience in corporate insolvency and how it relates to the role you're applying for.
✨Tip Number 4
Don't forget to follow up after interviews! A simple thank-you email can leave a lasting impression. It shows your enthusiasm for the position and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Restructuring & Insolvency - Senior Executive in Oldham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Senior Executive in Restructuring & Insolvency. Highlight your relevant experience, especially in corporate insolvency work, and don’t forget to mention any qualifications like CPI or ACA that you might have.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the team at Forvis Mazars. Mention specific experiences that relate to the job description and show your enthusiasm for the role.
Showcase Your Skills:Be sure to highlight your skills in using IPS and Microsoft Office programmes, as well as your knowledge of insolvency legislation. This will demonstrate that you’re ready to hit the ground running in this role.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves, so don’t hesitate!
How to prepare for a job interview at TieTalent
✨Know Your Insolvency Stuff
Make sure you brush up on your knowledge of corporate insolvency, especially Administrations and Creditors' Voluntary Liquidations. Familiarise yourself with the statutory requirements and current case law, as this will show that you're not just a candidate, but a knowledgeable asset.
✨Showcase Your Team Spirit
Since this role involves working closely with a diverse team, be prepared to discuss your experiences in teamwork. Share examples of how you've collaborated effectively under pressure and contributed to case strategies. This will highlight your ability to fit into their culture.
✨Be Ready for Technical Questions
Expect questions about preparing statutory reports and managing case-related matters. Brush up on your skills with IPS and Microsoft Office, as well as your ability to maintain control schedules. Being able to demonstrate these skills will set you apart from other candidates.
✨Ask Insightful Questions
Prepare some thoughtful questions about the team's approach to restructuring and insolvency. This shows your genuine interest in the role and helps you understand how you can contribute to their goals. Plus, it gives you a chance to assess if the company is the right fit for you!