Corporate Insolvency Administrator

North York, ON, Canada

Job Description


Corporate Insolvency Administrator:An independent business advisory firm that provides practical solutions to complex financial and operating
problems is recruiting for a Corporate Insolvency Administrator.Position Summary:
The successful candidate should have a strong background as a CPA. Prior insolvency experience a bonus.
Responsibilities:
1. Insolvency Administration duties include (but not limited to):

  • Administration of insolvency proceedings including inputting creditor and debtor details, assets, preparation of
documents, filing documents with the Official Receiver, managing deadlines, organizing mailings and newspaper
advertisements, preparing affidavits, maintaining insolvency computer-based data
  • Assistance in taking possession of assets
  • Answering creditor enquiries and dealing with creditor claims
  • Assistance with the preparation of reports to creditors, attendance at meetings of creditors and inspectors (as
required), preparation of minutes and general file review to ensure all outstanding matters are dealt with prior to
assigning to closeout.
  • Dealing with other reporting in accordance with the Bankruptcy & Insolvency Act, as well as various other
government reporting requirements such as the Wage Earner Protection Program Act.
  • Other support functions on insolvency engagements such as insurance filings, accounts receivable collection,
financial reporting, screening related mail and responding accordingly or seeking instructions from file manager,
etc.
  • Dealing with other professionals involved in the proceedings such as legal counsel, appraisal companies,
interested parties, etc.
  • Preparation of billings for professional services rendered and the taxation of accounts by the Court.
  • Large project organization and processing including liaising with onsite staff or outside professionals.
  • Managing and tracking section 246 reports required in Receiverships.
  • Dealing with receipt and distribution of OSB Certificates and Letters of Comment.
  • Perform PPSA and corporate searches as required.
Skills required include:
  • Strong computer related proficiencies, including Microsoft Office/365 (Word, Excel, Power Point and Outlook).
  • Excellent organization and communication skills, including the ability to write and express yourself verbally in a
professional manner.
  • Ability to work in a team environment and be able to adjust to various types of tasks/demands quickly.
  • Ability to work independently and with little supervision to accomplish tasks/demands adequately and
efficiently.
  • Time management skills including the ability to prioritize multiple and sometimes conflicting demands and often
work under time pressures and deadlines.
  • Detail oriented skills.
Background & Education required:
  • completion of the CPA
  • Two years of work experience, preferably in a small/medium sized company or professional services firm, with
strong administrative skills and a focus on client service
  • Confidence in interacting with all levels of management and with external clients
  • Professional, upbeat and positive attitude is key to success
  • Ability and enthusiasm to learn and be part of a team
  • Preference will be given to candidates with experience in insolvency administration; in particular candidates who
have completed or enrolled in the Insolvency Administration Course with the Canadian Association of Insolvency &
Restructuring Professionals (CAIRP)
  • Candidates proficient with the Ascend (Insolvency Related) software program will also be give preference

Campbell Morden

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Job Detail

  • Job Id
    JD2288676
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    North York, ON, Canada
  • Education
    Not mentioned