At a Glance
- Tasks: Manage corporate and personal insolvency cases, ensuring compliance and effective communication.
- Company: Join Teneo, a leading firm in restructuring and insolvency with a supportive team culture.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Flexible work ethic and teamwork are essential for success in this role.
- Why this job: Make a real difference in people's lives while developing your skills in a dynamic environment.
- Qualifications: Six months of insolvency experience and strong communication skills required.
The predicted salary is between 30000 - 40000 £ per year.
The role sits within the Company and Personal Insolvency (CPI) Team, a specialist sub‐team within Teneo's Australian restructuring and insolvency practice. The team supports the administration of a broad range of corporate and personal insolvency appointments, including liquidations, voluntary administrations, receiverships, bankruptcies and restructuring matters. The role provides exposure to the day‐to‐day management of both new and existing insolvency appointments, including statutory compliance, investigations, stakeholder communication, financial analysis and asset realisation within the Australian insolvency framework.
Key Responsibilities
- Case Administration and Compliance
- Assisting with the day‐to‐day administration of corporate and personal insolvency appointments.
- Supporting managers, directors and appointees with case strategy and the progression of matters.
- Maintaining accurate physical and electronic case files in accordance with firm procedures.
- Updating case checklists and statutory diaries.
- Preparing and reviewing statutory lodgements with ASIC and the ATO.
- Monitoring and complying with statutory deadlines under the Corporations Act 2001, Bankruptcy Act 1966 and other relevant legislation.
- Reporting and Stakeholder Communication
- Preparing reports to creditors and other stakeholders, including progress reports, receipts and payments and estimated outcome statements.
- Drafting reports and updates to secured creditors, where relevant.
- Responding to creditor queries and other correspondence in a professional and timely manner.
- Liaising with directors, insolvent individuals, creditors, solicitors, agents, valuers, and other external stakeholders.
- Assisting with meetings of creditors.
- Broader Support and Team Contribution
- Attending site and providing ongoing site support to assist with the trading of business subject to insolvency administrations, securing assets, dealing with employee matters and other appointment‐specific tasks where required.
- Supervising, delegating and reviewing work performed by offshore staff.
- Providing regular updates to Insolvency Practitioners, managers and senior staff on case progression and deadlines.
- Ensuring best practice, firm standards and regulatory requirements are reflected in all work performed and written correspondence.
- Financial, Investigative and Asset Realisation Work
- Conducting statutory searches and reviewing records, bank statements, financial accounts and supporting documentation.
- Assisting with investigations into potential antecedent or voidable transactions, including unfair preferences, uncommercial transactions and insolvent trading.
- Supporting asset identification, recovery and realisation processes.
- Adjudicating on creditor claims, calculating dividends and assisting with creditor distributions.
- Preparing estimated outcome statements and cashflows where required.
Key Skills & Experience
- Six months of either corporate or personal insolvency experience gained in a specialist insolvency practice or accounting firm.
- Experience working with case management systems, such as IPS or similar.
- An understanding of the lifecycle of corporate and personal insolvency appointments.
- Familiarity with key statutory requirements, reporting obligations and compliance deadlines under the Australian insolvency framework.
- Strong written communication skills, with experience drafting correspondence, reports and statutory documents.
- Strong attention to detail and a commitment to producing accurate, high‐quality work.
- The ability to manage competing deadlines and prioritise tasks across multiple engagements.
- Strong commercial and risk awareness, including the confidence to identify, escalade and help resolve issues appropriately.
- Good financial analysis skills, including the ability to review and analyse financial statements and bank statements.
- Professional communication and interpersonal skills, including the ability to deal with creditors, directors, employees, solicitors, agents and internal stakeholders.
- Proficiency in Microsoft Word, Excel, PowerPoint and Outlook.
- A strong, flexible work ethic and a practical, team‐oriented approach.
- Relevant tertiary qualifications in accounting, commerce, business, finance or commercial law.
- Relevant professional qualifications, or progress towards them, such as CPA or CA membership, ARITA Advanced Certification, or equivalent, will be highly regarded.
- Experience using AI tools (e.g., ChatGPT, Microsoft Copilot etc.) is desirable.
Consultant / Senior Consultant, Company and Personal Insolvency employer: twentysix
Teneo is an exceptional employer that fosters a collaborative and dynamic work culture, particularly within its Company and Personal Insolvency team in Australia. Employees benefit from comprehensive professional development opportunities, exposure to diverse insolvency cases, and a supportive environment that encourages teamwork and innovation. With a commitment to maintaining high standards and regulatory compliance, Teneo offers a rewarding career path for those looking to make a meaningful impact in the field of insolvency.
StudySmarter Expert Advice🤫
We think this is how you could land Consultant / Senior Consultant, Company and Personal Insolvency
✨Tip Number 1
Network like a pro! Reach out to your connections in the insolvency field, attend industry events, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Showcase your skills! When you get the chance to chat with potential employers, highlight your experience with case management systems and your understanding of statutory requirements. Make sure they see how your background aligns with their needs.
✨Tip Number 3
Prepare for interviews by brushing up on your financial analysis skills and understanding of the Australian insolvency framework. Be ready to discuss specific cases you've worked on and how you handled challenges—this will set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Consultant / Senior Consultant, Company and Personal Insolvency
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Consultant role. Highlight your experience in corporate and personal insolvency, and show us how your skills align with the key responsibilities mentioned in the job description.
Show Off Your Communication Skills:Since strong written communication is crucial for this role, ensure your application is clear and professional. Use concise language and structure your documents well to demonstrate your ability to draft reports and correspondence effectively.
Highlight Relevant Experience:Don’t forget to mention any specific experience you have with case management systems or statutory compliance. We want to see how your background fits into the day-to-day tasks of the CPI team, so be specific about your past roles.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at twentysix
✨Know Your Insolvency Stuff
Make sure you brush up on the Australian insolvency framework, including the Corporations Act 2001 and Bankruptcy Act 1966. Being able to discuss statutory compliance and case management systems like IPS will show that you're not just familiar with the theory but can apply it in practice.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, prepare examples of how you've effectively communicated in past roles. Think about times when you had to draft reports or respond to creditor queries, and be ready to discuss your approach to maintaining professionalism under pressure.
✨Demonstrate Attention to Detail
In insolvency, accuracy is key. Bring examples of your work that highlight your attention to detail, whether it's preparing statutory lodgements or managing case files. You might even want to mention any tools or methods you use to ensure your work is error-free.
✨Be Ready for Financial Analysis Questions
Since financial analysis is a big part of the role, brush up on your skills in reviewing financial statements and bank records. Be prepared to discuss how you've handled financial data in the past and how you would approach asset identification and recovery in this new role.