Insolvency Administrator Internship
6 days ago
Turnaround, Restructuring and Insolvency Internship opportunity
Based in either Reading or Southampton
Excellent opportunity to work with a great accountancy firm. You will be working inTurnaround, Restructuring, and Insolvency will provide a great deal of variety. You will have exposure to many different industries, sizes of business and entrepreneurs. Youwill benefit from a close working relationship with senior members of the team providing you with high quality on the job training. Job satisfaction will come being part of a successful team and from knowing that you have made a difference to the outcome formany different stakeholders including; directors, shareholders, employees, creditors etc.
Our client does not expect you to have experience of turnaround or insolvency as detailed training, support and supervision will be given.
**Your role**:
For turnaround assignments assisting partners, directors and managers with:
- Reviewing and analysing financial performance of entities
- Preparing integrated cash flow, profit and loss and balance sheet forecasts
- Advising on options available for improvements in performance / turnaround
- Preparing formal and informal turnaround plans
- Considering funding requirements for the purpose of obtaining funding
- Ongoing reviews of implemented turnaround strategies
For formal insolvency appointments assisting partners, directors and managers with
- Preparing letters of advice
- Preparing documents of appointment
- Preparing proposals, progress reports, and final reports
- Investigating the conduct of directors
- Assisting employees making claims for arrears of wages, redundancy pay etc
- realising assets
- dealing with creditor queries, then agreeing and paying claims
- ensuring that key targets are met as per the cases' diaries
The person:
- Ideally studying accountancy / bookkeeping and seeking an internship
- Have advanced and comprehensive spreadsheet skills with strong numerical ability
- A good communicator who is confident, enquiring and happy to challenge when appropriate
- Be able to quickly assimilate information from a number of sources
- Be comfortable in delivering high standard work to tight deadlines
- Be resilient in difficult situations e.g. you may be tasked with undertaking redundancy consultations
- 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
- Have a flexible and proactive approach
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