June 04, 2021

Senior Associate


Job details

Service Line
Corporate Simplification

Job description

The Corporate Simplification team principally delivers Members’ Voluntary Liquidation (MVL) engagements for a broad range of clients across all sectors/industries in the UK. These engagements range from dormant company eliminations to large, recently traded entities, partnerships, PLCs and Investment Trusts, and from single entity eliminations to multi-entity Legal Entity Rationalisation (LER) projects.

The team also assists clients with capital reduction and strike off engagements, and occasionally carries out Creditors’ Voluntary Liquidations (CVLs).

As part of our growth strategy, we are seeking an individual, with experience of MVLs and/or LER assignments, to oversee a portfolio of MVL/LER engagements, providing support and assistance to the management group and mentoring/training junior members of the team.

Key Accountabilities:

  • Complete pre-liquidation client and engagement acceptance procedures
  • Assist with pre-liquidation due diligence and preparatory steps (which occasionally may include working at client sites)
  • Produce statutory documentation to effect the liquidations/appointment of liquidators and advise clients on execution
  • Complete statutory filing, advertisement and notification requirements
  • Assist with day to day matters, including: realising assets/dealing with creditors claims/obtaining tax clearances from HM Revenue & Customs/corresponding with and making distributions to shareholders/writing reports
  • Monitor case progression and comply with case compliance matters
  • You will also be required to assist the management group with company research, business development initiatives and other ad hoc tasks.

Essential Education:

  • Three A levels (C grades or above, or equivalent) with GCSE in Maths and English
  • A University degree is preferable, but not a strict requirement
  • Two references available on request

Essential Experience and Job Requirements:

  • Relevant insolvency sector experience (including involvement with MVLs) with the drive to progress and develop a career in Corporate Simplification
  • The desire (in due course) to study for further professional qualifications relevant to the role and progress in the team
  • Experience using Microsoft Word/Excel/Powerpoint and IPS or equivalent insolvency software systems
  • The ability to produce accurate, clear, structured and concise written work with good spelling/use of grammar and keen attention to detail
  • Good time management and organisational skills and the ability to manage multiple tasks/engagements with changing priorities/deadlines and remain focused in the face of challenge
  • The ability to communicate clearly/concisely and work as part of a team
  • A willingness to get involved with business development and work winning activity
  • Experience in delegating to junior members of staff and providing on-the-job training
  • Ability to work with minimal supervision and progress own cases to conclusion
  • A smart and professional manner
  • The individual will be required to be flexible in their working environment, with a mixture of working from home and the office.

Desirable Criteria:

  • Experience of working within a dedicated Corporate Simplification team
  • CPI or ICAEW Certificate in Insolvency qualification

Interested in this role?