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Business Restructuring Trainee

Information About This Job

Job Title: Business Restructuring Trainee
Contract Type: Permanent
Location: Birmingham
Contact Name: Chantalle Puttnam
Contact Email:
Job Published: 5 months ago

Job Description

The purpose of this role is to provide technical & administrative support to Business Restructuring staff undertaking both advisory and formal work while developing relevant technical and accountancy knowledge. This includes taking responsibility for own workload and tasks (as agreed with Managers) as well as supporting senior staff in advisory projects and formal cases. This role is responsible to a designated senior team member and ultimately to the Partner.


Key Responsibilities


  • Undertake the firm’s client take on procedures.

  • Setting up and maintenance of files, including the online filing system.

  • Assisting at meetings with debtor/company directors / FD’s, including preparation of minutes.

  • Basic office administration, including filing, copying, casting and reading over documents as required.

  • Obtain and review company searches and undertake client research.

  • Maintain awareness of the team’s budgetary requirements and time constraints.

  • Be involved in the marketing of the firm's services to potential clients and work providers.

  • Undertake research for business development opportunities and for sector specialisms.


Advisory Work

  • Draft letters of engagement and scope with the support of Managers.

  • Review of financial information to achieve a general understanding of the performance of the client and undertake basic analysis of financial information. This will include creating tables of data, as agreed with Managers, in excel and company standard format.

  • Where required, assist Managers in drafting sections of reports.
    Liaise with clients as requested by Managers.


Formal Work

  • Administer small business restructuring caseloads in such a way to ensure that all statutory / regulatory and internal procedures are met.

  • IPS case diary management.

  • Liaise with Case Management Team.

  • Ensure relevant data is captured, reports are produced, file reviews are finalised and

  • IPS case set-up information is completed.

  • Completion of cashiers’ instructions, for review by senior staff.

  • Completion of work packs, checklists, glossary documents and internal working papers.

  • Accurate preparation of schedules, receipts and payments accounts, draft statement of affairs and draft estimated outcome statements.

  • Assist in the preparation of simple reports, tax returns, and reports to the Insolvency

  • Service in respect of directors' conduct.

  • Both Advisory and Formal work:

  • To highlight potential problems to senior staff quickly (with supporting information).

  • Familiarise and gain working knowledge of all regulatory and statutory requirements, including SIP and best practice (formal work), Risk Management and Money Laundering.

  • Assist more senior staff as and when required.
    Perform other relevant duties and responsibilities as delegated.


Skills & Experience

  • For graduate trainees a 2:2 honours degree in any subject and a minimum of 3 A Levels at grade A*- C or equivalent, excluding General Studies and Extended

  • Projects (obtained or predicted) and grade A* - C in Maths and English at GCSE or Scottish standards and equivalent. We will also consider qualifications from outside the UK.

  • A willingness to study for a professional accountancy or insolvency qualification (ACA, CPI).

  • Excellent working knowledge of Excel, Word, PowerPoint and Microsoft Office.

  • Ability to develop and maintain an in-depth technical knowledge.

  • Driving Licence.

Ref: | Published: 29 Nov 2018