Job Description

Company Information

And now we\xe2\x80\x99re embarking on our next stage of significant growth. To do that, we need experienced, energized, and agile team members to play critical roles in helping us reach our ambitious goals so we can better serve Canadians in need.

Position Summary

We are currently seeking a full-time Insolvency Administrator (internally known as Division 1 and Ordinary Proposals Administrator) to join our Sheppard office. The individual in this role will administer division 1 proposal and ordinary bankruptcy files.

Major Responsibilities

• Assist with all matters relating to the current administration of Division 1 and Ordinary bankruptcy estates including but not limited to:
• Input file information into Ascend (industry specific software) and CRM databases
• Prepare necessary documents such as proposal/NOI, cash flow, Bankruptcy notice etc. using Word and Excel
• E-file new files and all statutory reports, notices, and minutes
• Schedule all meeting of creditors for both proposal and bankruptcy estates
• Prepare and send out Notice of Stay if applicable
• Draft Report to Creditors and Notice to Creditors for proposal and Trustee\xe2\x80\x99s Preliminary report to creditors for bankruptcy
• Mail notices to all creditors
• Input Proof of Claims into Ascend and follow up with creditors if claims are deficient of the required information.
• Deal with all matters related to proof of claim, including, preparation of the notice of disallowance
• Attend to creditors\xe2\x80\x99 and debtors\xe2\x80\x99 enquiries\xe2\x80\x94bring complex enquires to the trustee\xe2\x80\x99s attention
• Prepare Report to Court, court application package, and schedule court hearings
• Monitor payments and other proposal terms where applicable
• Attend to interim dividends
• Upon completion of all terms of the proposal, prepare the Certificate of Full Performance for trustee\xe2\x80\x99s execution
• Review assets file folder in the ordinary bankruptcy and make sure all assets have been disposed properly and send S38 notice as appropriate
• Deal with various estate banking requests
• Assist in various close-out matters when needed
• Other duties as may be required

Qualifications

• Previous experience in dealing with division 1 proposal and ordinary bankruptcy administration is an asset
• Previous experience in the insurance, health care, or legal industry

• Proven background dealing with attention to detail and multi-tasking
• Organizational skills to organize workload
• Good oral and written communication skills to communicate effectively with staff, inspectors, creditors and OSB
• Analytical skills to analyse account activities
• Interpersonal skills to deal with team members and staff
• Excellent computer skills and proficient with Microsoft Office (Outlook, Excel, Word)
• Familiar with insolvency software Ascend and other software such as ProSystem

Compensation, Benefits, and Perks
To ensure we attract and retain top talent, we offer competitive compensation and benefits which we continually review and update to meet the evolving needs of our people.
As a part of our team, you will receive:

• flexible work arrangements
• vacation and wellness days
• extended health and dental coverage as well as a virtual doctor plan
• Employee Assistance Program and mental health resources
• company matching retirement savings plan
• financial support for professional development
• annual company events
• exclusive access to perks and discounts

Our Commitment to Inclusion, Diversity, and Equity
At Farber, we\xe2\x80\x99re in the business of helping people\xe2\x80\x94and this ethos extends not only to our clients, but to our employees, partners, and the communities in which we work. Behind is our commitment to take action and to deliver an inclusive, diverse, and equitable experience for everyone. Our commitment also shapes our corporate culture and hiring practices.
Farber encourages applications from all qualified candidates who represent the diversity of Canada.

• if you require any accommodations throughout the recruitment process\xe2\x80\x94including alternate interview formats, accessible materials, or any other accommodations\xe2\x80\x94we encourage you to contact us at

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We thank all candidates for submitting their resume, however, only those selected for an interview will be contacted.

Farber