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Citadel Source are partnering with a Financial Advisory firm in search of a Senior Associate - Restructuring, to join an expanding operation in the South West. They specialise in Corporate Finance, Debt Advisory, Forensic Services and Restructuring Advisory.
Job Responsibility:
Prepare and file statutory documents on appointment, set up new jobs, and maintain orderly files
Correspond with stakeholders by drafting letters and emails, handling phone calls, and attending client premises as required
Handle asset realisations, liaise with professional advisors (such as solicitors and agents), and review creditor claims against company records
Use specialist insolvency software (IPS) to record transactions and claims, set up payments, record receipts, prepare receipts and payments accounts, maintain diaries for compliance, and produce standard pack letters and reports
Progress cases efficiently, prioritising workload and ensuring deadlines are met
Prepare VAT returns for review and attend to large mail outs of creditor circulars
Deal confidently with matters such as ROT claims and employee redundancies
Understand and produce Estimated Outcome statements and Receipts and Payments accounts on cases
Respond to creditor queries both in writing and verbally
Populate datarooms, establish initial contact with interested parties on AMA engagements, and draft engagement letters ensuring all take-on procedures are complied with
Prepare fee requests for approval and correspond with stakeholders in a credible manner
Liaise with and report to senior team members, keeping others up to date with progress as necessary
Demonstrate strong teamwork skills, keep up to date technically (e.g., attend training events, read technical updates), and record time accurately on the timesheet system
Take an active part in marketing and networking events, with flexibility to travel to client premises and work away from home occasionally
Requirements:
Qualified accountant (e.g., ACCA/ACA)
Experience of working in a Restructuring department of a professional services or boutique firm
Attention to detail
Strong organisational skills – multi-tasking, organised files, note keeping, adherence to deadlines, etc.
Composure and Resilience
Clear communication
Pragmatic mindset to find practical solutions and tangible outcomes
Nice to have:
Insolvency qualifications (e.g., CPI)
Background in audit or accounts preparation
Some knowledge of insolvency and restructuring (either practical or theory)
What we offer:
Clear career progression opportunities with the possibility of moving into Corporate Finance in the future