Job Description

Job Summary

The Financial Statement Receipts Disbursements (FSRD) Specialist concentrates on closing bankruptcy and proposal estates, preparing distributions to the creditors, Licensed Insolvency Trustee (LIT), Office of the Superintendent of Bankruptcy Canada (OSB) and the client. The FSRD Specialist also provides reports to the creditors, the client, the OSB about the receipts and disbursements of the estate and upcoming client and LIT discharge.

Work Location:

Hybrid Calgary office based role.

Key Accountabilities

Accountability 1:

Distributions and Compliance

Prepare and submit regular distributions to creditors, ensuring all fee calculations are correct and in compliance with the Bankruptcy and Insolvency Act (BIA). File appropriate documentation to the Office of the Superintendent of Bankruptcy (OSB) and obtain necessary approvals. Prepare and distribute necessary communications to the OSB, clients, and creditors. Analyze estates and produce accurate manual billings where required. Ensure that the department's work product is always in compliance with the BIA.

Accountability 2:

Communication and Collaboration

Communicate effectively and professionally with creditors, the OSB, provincial courts, and internal stakeholders. Collaborate with various stakeholders, including creditors, internal departments, and Licensed Insolvency Trustees (LITs) to ensure efficient and timely distribution of funds occurs. Coordinate with internal stakeholders to perform regular cheque runs.

This job may also be required to complete other duties as assigned.