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About Monahans
Monahans is a leading provider of accounting and business advisory services in the South West, with a rich heritage spanning over 120 years. With a network of offices across Wiltshire and Somerset, we are committed to helping businesses thrive by combining our traditional values with innovative approaches. We pride ourselves on fostering a supportive environment where professional growth and work-life balance are priorities. At Monahans, you will be part of a collaborative team that values your contributions and offers diverse career opportunities to help you achieve your professional goals.
Purpose of the Role
As an Insolvency Case Administrator Assistant Manager, you will be responsible for your own portfolio case, mainly corporate but with some personal insolvency matters, from initial engagement to closure, as well as assist the team on more complex matters and provide general support. There will also be the opportunity to get involved in the firm's networking and business development functions.
Key Responsibilities:
Setting up new cases on IPS. Preparing initial notices to stakeholders and monitoring the associated decision processes/assisting with virtual meetings. Drafting Statements of Affairs, Declarations of Solvency, Deficiency Accounts and other statutory documents. Ensuring initial statutory tasks as per the IPS diary and post-appointment case checklist are completed following appointment on new case. Ensuring that dividends are notified, admitted, calculated and paid within the required time frame, using the case checklist and adhering to IPS diary prompts at all times. Reviewing cases for closure; completing all outstanding issues, including making dividend distributions to all types of creditors. Ensuring all tasks and cases are administered in compliance with the insolvency legislation; completion of ethical, AML, GDPR and other checklists. Skills and Experience:
Proven experience in a similar insolvency role. Familiarity with insolvency software, such as IPS. Strong understanding of insolvency legislation, compliance requirements, and ethical guidelines. Demonstrated ability to manage multiple cases simultaneously while maintaining accuracy and meeting deadlines. Experience in preparing and reviewing financial reports, including case reviews and reconciliations. Knowledge of corporate and personal insolvency procedures, including CVLs, MVLs, administrations, and bankruptcies. Ability to identify potential risks or complications in insolvency cases and recommend appropriate actions. Proactive approach to learning and staying up-to-date with changes in insolvency practices and regulations. Desirable:
Membership in or progress toward a professional insolvency body, such as the Insolvency Practitioners Association (IPA) or R3. You may be the sort of person who is:
Analytical, methodical and numerical. Well organised and able to work independently on your own initiative. Adaptable to different situations. Approachable and confident when communicating with stakeholders at all levels. Proactive in identifying solutions to challenges and maintaining high standards. Resilient under pressure, with the ability to manage competing priorities effectively. Detail-oriented, ensuring compliance and accuracy in all aspects of your work. Benefits:
Competitive salary
with regular benchmarking and merit-based reviews. Health and wellness benefits
including private health insurance, a healthcare cash plan, and an employee assistance program. Flexible working arrangements,
including homeworking options and the opportunity to buy more annual leave. Generous support policies
such as enhanced maternity and paternity pay, life assurance, and a pension scheme. Additional perks
like the myMonahans benefits platform, volunteer leave, social events, and a cycle-to-work scheme. We are committed to sustainable operations and encourage all our employees to contribute to our efforts in minimising waste, reducing our carbon footprint, expanding our community initiatives, upholding our ethical standards and supporting a culture that embraces difference and strengthens inclusion. We are an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, gender reassignment, pregnancy, maternity, race, religion or belief, disability, or age. If you require a reasonable adjustment during our recruitment process, please inform us.
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Setting up new cases on IPS. Preparing initial notices to stakeholders and monitoring the associated decision processes/assisting with virtual meetings. Drafting Statements of Affairs, Declarations of Solvency, Deficiency Accounts and other statutory documents. Ensuring initial statutory tasks as per the IPS diary and post-appointment case checklist are completed following appointment on new case. Ensuring that dividends are notified, admitted, calculated and paid within the required time frame, using the case checklist and adhering to IPS diary prompts at all times. Reviewing cases for closure; completing all outstanding issues, including making dividend distributions to all types of creditors. Ensuring all tasks and cases are administered in compliance with the insolvency legislation; completion of ethical, AML, GDPR and other checklists. Skills and Experience:
Proven experience in a similar insolvency role. Familiarity with insolvency software, such as IPS. Strong understanding of insolvency legislation, compliance requirements, and ethical guidelines. Demonstrated ability to manage multiple cases simultaneously while maintaining accuracy and meeting deadlines. Experience in preparing and reviewing financial reports, including case reviews and reconciliations. Knowledge of corporate and personal insolvency procedures, including CVLs, MVLs, administrations, and bankruptcies. Ability to identify potential risks or complications in insolvency cases and recommend appropriate actions. Proactive approach to learning and staying up-to-date with changes in insolvency practices and regulations. Desirable:
Membership in or progress toward a professional insolvency body, such as the Insolvency Practitioners Association (IPA) or R3. You may be the sort of person who is:
Analytical, methodical and numerical. Well organised and able to work independently on your own initiative. Adaptable to different situations. Approachable and confident when communicating with stakeholders at all levels. Proactive in identifying solutions to challenges and maintaining high standards. Resilient under pressure, with the ability to manage competing priorities effectively. Detail-oriented, ensuring compliance and accuracy in all aspects of your work. Benefits:
Competitive salary
with regular benchmarking and merit-based reviews. Health and wellness benefits
including private health insurance, a healthcare cash plan, and an employee assistance program. Flexible working arrangements,
including homeworking options and the opportunity to buy more annual leave. Generous support policies
such as enhanced maternity and paternity pay, life assurance, and a pension scheme. Additional perks
like the myMonahans benefits platform, volunteer leave, social events, and a cycle-to-work scheme. We are committed to sustainable operations and encourage all our employees to contribute to our efforts in minimising waste, reducing our carbon footprint, expanding our community initiatives, upholding our ethical standards and supporting a culture that embraces difference and strengthens inclusion. We are an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, gender reassignment, pregnancy, maternity, race, religion or belief, disability, or age. If you require a reasonable adjustment during our recruitment process, please inform us.
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