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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.
Job Responsibility:
Assist with all matters relating to the current administration of Division 1 and Ordinary bankruptcy estates
Input file information into Ascend 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
Draft Report to Creditors and Notice to Creditors for proposal and Trustee’s Preliminary report to creditors for bankruptcy
Input Proof of Claims into Ascend and follow up with creditors if claims are deficient
Deal with all matters related to proof of claim, including, preparation of the notice of disallowance
Schedule all meeting of creditors for both proposal and bankruptcy estates
Negotiate with creditors for acceptance of proposals
Prepare and send out Notice of Stay if applicable
Email or Mail notices to all creditors
Attend to creditors’ and debtors’ enquiries—bring complex enquires to the trustee’s attention
Prepare Report to Court, court application package, and schedule court hearings if needed
Monitor payments and other proposal terms where applicable
Send out default notice if needed
Attend to interim dividends
Upon completion of all terms of the proposal, prepare the Certificate of Full Performance for trustee’s execution
Review assets file folder in the ordinary bankruptcy and make sure all assets have been disposed properly
Assist in various close-out matters
Trustee’s discharge and taxation
Coordinate all court hearings among Trustees and lawyers within different jurisdictions
Deal with various inquires from the debtors and creditors
Deal with various estate banking requests
Assist in various close-out matters when needed
Other duties as may be required
Requirements:
Previous experience in dealing with Division 1 proposals and Ordinary bankruptcy administration is an asset
A background in accounting, Paralegal, law clerk, business commerce, or a related field will be advantageous
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 is an asset but not required
Nice to have:
Familiar with insolvency software Ascend and other software such as ProSystem
What we offer:
Remote work model
Vacation and wellness days
Extended health and dental coverage, plus virtual doctor services
Employee Assistance Program and mental health resources