Trainee Insolvency Executive

• Full study support for ACA/ACCA

• Agile working after 3 months

• Based in Reading (no parking as central Reading)

We have an exciting opportunity to join a highly successful accountancy firm in their busy Insolvency team. This is a varied role and you will enjoy working with a diverse set of clients. You will benefit from a close working relationship with senior members of the team providing you with high quality on the job training. Our client offer a superb environment in which to grow and advance your career. This is an exciting opportunity to join the established and well-respected Turnaround, Restructuring and Insolvency team.

Our client does not expect you to have experience of turnaround or insolvency as detailed training, support and supervision will be given.

The Role:

For turnaround assignments assisting partners, directors and managers with:

• Reviewing and analysing financial performance of entities
• Assisting with the preparation of formal and informal turnaround plans
• Assisting with the implemented and monitoring of turnaround strategies

For formal insolvency appointments assisting partners, directors and managers with;

• The preparation of documents of appointment
• Preparing and delivering notifications of appointment
• Attendance at site to review, log and recover physical and electronic records
• Preparing periodic file reviews
• The preparation of reports to creditors
• The coding of receipts and payment vouchers to maintain our case cashbooks
• Trading administrations including potential attendance at site, dealing with queries from employees, customers and suppliers. Forster relationships with suppliers. Assist managers with the maintenance of the accounting function.
• investigating the conduct of directors and reporting to the Insolvency Service
• Helping employees making claims for arrears of wages, redundancy pay etc
• Enacting strategies for realising assets including book debt collection, liaising with chattels agents, assisting managers with the assignments of patents
• Preparing insurance documentation
• Dealing with creditor queries, then agreeing and paying claims
• Obtaining clearances from HMRC

The Person will:

• Be diligent, tenacious, curious, confident, articulate, numerate, with a healthy dose of common sense!
• Be able to write clear, accurate and concise business letters
• Ideally have some finance experience as you will be expected to help interpret financial statements and review various financial documents
• Have spreadsheet skills with strong numerical ability
• A good communicator who is confident and enquiring
• Have a keen eye for detail
• Work at pace with a good deal of energy and enthusiasm and be comfortable with a dynamic and changing environment
• Be comfortable in delivering high standard work to tight deadlines
• Be resilient in difficult situations e.g. you may be tasked with speaking to creditors who are upset because they have lost money
• Able to work effectively as part of a team
• Have strong IT skills, including Word and Excel, and the ability to adapt to unfamiliar packages.

Benefits:

• Life assurance at 2 x salary
• Income protection insurance
• A minimum of 23 days holiday
• Pension
• Critical illness cover
• Dental insurance
• Additional life assurance
• Childcare vouchers
• Purchase of additional holiday (certain levels of staff may also sell holiday)
• Retail vouchers
• Alongside the scheme there is unlimited access to a discount scheme, offering a wide variety of discounts across a whole range of products and services, including discounted gym membership rates
• Free flu jabs