Role:
Insolvency Practitioner
Salary: £50,000 – £85,000 per annum DOE
Location: Sheffield
Hours: Monday to Friday 37.5 hours. Hybrid with a minimum of 3 days in the office.
Core benefits:
1. 27 days’ holiday
2. Life cover 4 x salary
3. Auto enrol pension – currently 5% employer (whole salary) and employee 5% (qualifying range). Pensions contributions are not matched.
4. Employee Assistance Programme – free 24/7 confidential support
5. Annual flu vaccination
6. Private Medical – single cover
7. Permanent Health Insurance
8. Critical Illness Cover
Flexible benefits – Up to 5% of salary allowed.
9. Life cover – option to increase to a maximum of 10x salary
10. Private medical – partner and family
11. Cash Plan – insurance to cover dental, optical, physiotherapy, alternative therapies, etc.
12. Cycle to work
13. ‘ToHealth’ health screening
14. Give As You Earn
15. Buy & sell holiday, subject to Partner approval (maximum 5 days p.a. pro-rated if part time) w.e.f. January 2024
Other optional benefits:
16. Electric Car leasing (Tusker – salary sacrifice) or direct with dealership
Glu Recruit are seeking a qualified Insolvency Practitioner. You will take insolvency appointments on a variety of insolvency cases on a joint basis with current IPs. You will be required to deal with all technical aspects of the insolvency appointments, ensuring the smooth progression of cases through to closure, managing WIP and billings and ensuring technical compliance
Duties to include:
17. Taking appointments as a Licensed Insolvency Practitioner.
18. Undertake a caseload of corporate insolvency cases.
19. Direct input into the marketing activities and plans for the firm.
20. Assist with the training and development of the team.
21. No obligation to self-generate work but willing to attend marketing events as and when required to forge new relationships.
22. Ensure all cases are managed effectively and in line with current regulatory guidelines.
23. Take responsibility for liaising with key stakeholders on cases.
24. Realisation of assets to maximise funds available to creditors (including tangible assets and debtor ledgers).
25. Liaising with agents and solicitors associated with the cases as required.
26. Review of statutory paperwork and other legal documents.
27. Supervising the preparation of documents for banks and other financial institutions.
28. Undertaking investigations with a view to identifying antecedent transactions.
29. Provide guidance and support to less experienced team members.
30. Delegate work to less experienced members of the team.
31. Managing own workload to ensure statutory deadlines are met whilst ensuring that work is completed with accuracy and to the firm’s standard.
32. Attending site visits as and when required.
33. Developing and maintaining strong working relationships with banks/lawyers/financial institutions.
34. Assisting management team with monitoring time recording completeness.
The Successful Candidate:
Although candidates should ideally have a minimum of 3 years’ experience covering all aspects of Corporate Insolvency and possess the following skills, newly qualified IP’s are invited to apply for the role.
35. JIEB Qualified.
36. Ability to manage a team.
37. Good communication skills.
38. Level headed and able to work in a pressured environment.
39. Understands and manages risk within potential and current cases.
40. Maintains & promote high professional standards of conduct.
41. Positive approach to problem solving.
42. Excellent communication skills.
43. Be flexible and open to change.
44. Act as a role model for more junior team members.
45. Awareness of confidentiality and business sensitive matters.
46. Proficient computer skills
47. In depth knowledge of Microsoft systems and IPS.