Senior Insolvency Accountant | Reputable Insolvency Firm

The Client

Our client is a firm of dedicated professionals with a wealth of experience in the insolvency and restructuring field. They are committed to providing expert services and fostering long-term relationships with their clients and stakeholders. Our client offers a dynamic and supportive environment that encourages growth and development.



Our client has an enviable reputation for valuing their people and their contributions. They pride themselves on offering a supportive work environment, opportunities for professional development, and the chance to make a significant impact within their respective industry.



The Opportunity

As the Senior Business Analyst your core responsibilities are focused on the efficient and professional delivery of work, in accordance with our client’s processes and systems and in compliance with the relevant regulatory standards.



In this role you will be required to demonstrate a very sound knowledge and application of general insolvency principles, working as part of a team carrying out tasks under close coaching and supervision.



About You

To be considered for this role, you will require the following:

• Minimum of 3 years of insolvency experience.
• Ability to demonstrate a very sound knowledge and application of general insolvency principles.
• Completed or currently studying CAANZ/CPA (or equivalent).

Additionally, you will require previous experience in the following key responsibilities:

File Management:

• Save incoming/outgoing correspondence (email, letters, Proof of debts, proxies) on file, link and summarise (where appropriate) in relevant file note and action as required.
• Draft responses to incoming correspondence.
• Draft all first day notifications to various stakeholders.
• Maintain general ledger including allocation of receipts and processing payments on files
• Assist with marketing and selling business/assets (e.g. preparing advertisements, preparing information memorandum, preparing confidentiality undertaking, communicating with interested parties, drafting and issuing correspondence with interested parties, assessing offers, drafting and issuing correspondence negotiating / accepting offer, drafting and issuing sale agreement).
• Attend site to inspect/collect/list assets and/or books and records.
• Conduct solvency investigations (prepare solvency analysis, solvency report).
• Conduct investigations into insolvent trading.
• Conduct investigations into voidable transactions (e.g. preferential payments, uncommercial transactions, unreasonable director-related transactions, undervalued transactions).
• Identify potential offences and draft offence reports to regulatory bodies.
• Prepare for creditor meetings, attend creditor meetings, take minutes, prepare post-meeting documents/statutory forms and lodge statutory forms.

• Assist with seeking fee approval from the Court (e.g. preparing WIP report, instructing solicitors, reviewing application/court documents) Adjudicate on proof of debt claims by creditors for dividend purposes and/or when requested.

Financial Performance:

• Record all chargeable and non-chargeable tasks on timesheets.
• Ensure subordinates are completing timesheets and meeting chargeable budgets.

People & Performance:

• Coordinate/attend new staff member's induction and development discussions/reviews in the first 12 weeks.
• Train and provide guidance for Financial Assistant/Business Analyst.

Technical Knowledge:

• Demonstrate knowledge and ability to apply relevant legislation to job matters.
• Demonstrate comprehensive working knowledge of Workbench and other software/programs (e.g. MYOB, Quicken, Xero).
• Ensure correct insolvency practices (statutory, regulatory, industry standards) are followed on all client files.

Operational Excellence:

• Ensure all draft correspondence is accurate, contains minimal errors and that all references to legislation are correct.
• Apply firm protocols in maintaining files in Workbench, and ensure all files are well structured to a standard acceptable to the requesting staff member and documentation is up to date.
• Ensure firm checklists are followed and maintained in accordance with deadlines as defined in the client file.
• Ensure all incoming correspondence is saved on file, linked to relevant file note and summarised for next steps (where appropriate) in a timely manner.
• Complete file notes in a way which sets out clearly the position taken and the reasons for that position.
• Actively work to drive efficiencies and optimise team effectiveness.
• Ensure all file notes are addressed on their review date, all review dates set appropriately.
• Manage workload of junior staff.

Stakeholder Management:

• Communicate verbally in a professional and courteous manner (including on the telephone and at meetings) to ensure positive reflection of our client’s brand, strong working relationships and referrer retention.
• Keep stakeholders informed on the status of pending actions where appropriate.
• Communicate with stakeholders to determine what their needs are and provide appropriate information.
• Respond to stakeholder queries within statutory timeframe (if applicable).

To Apply

Applications should be forwarded to us by clicking the ‘Apply’ button below. For a confidential discussion you are welcome to call Brendon Dyer on (07) 4034 5000.



To be eligible to apply for this job, you must be an Australian or New Zealand citizen or have an appropriate visa to be able to live and work in Australia.



About Precruitment

With offices in Cairns and Townsville, Precruitment is Regional Queensland’s leading recruitment consultancy, specialising in permanent and temporary roles. With a focus on administration and professional talent, we are selected suppliers to local businesses, Queensland Government, Government Owned Corporations and Local Government. We have a broad client base throughout Regional, North and Western Queensland.



Should the above role not be of interest to you but you would like to be considered for other similar roles, please feel free to call us on (07) 4034 5000 for a confidential conversation about how we can assist you in finding your next career opportunity.



Job Ref#: 4491