Close-Out Insolvency Administrator
Close-Out Insolvency Administrator
Posted on :
08-04-2025
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
08-04-2025
Job Description
And now were embarking on our next stage of significant growth. To do that we need experienced energized and agile team members to play critical roles in helping us reach our ambitious goals so we can better serve Canadians in need.
Position Summary
We are currently seeking a Fulltime Junior Closeout Insolvency Administrator (internally known as Junior Division 1 and Ordinary Proposals Closeout Administrator) to join our Sheppard office. The individual in this role will close out division 1 proposal and ordinary bankruptcy files.
Responsibilities
Deal (or assist) with all matters relating to the closing of corporate/consumer ordinary bankruptcy/Division 1 including but not limited to :
- Reviews all prior/pre/post bankruptcy returns filed by the tax department am make sure all the statutory returns are filed properly;
- Review claims submitted by creditors; ensure each claim is filed correctly and as applicable admit claim or prepare Notice of Disallowance for approval by Trustee; Admit claims as appropriate;
- Review assets file folder in the ordinary bankruptcy and make sure all assets have been disposed properly send S38 notice as appropriate;
- Review proposal terms and make sure the proposal is completed;
- Preparation of the Trustees Final Statement of Receipts and Disbursements (R&D)
- Assemble the time dockets for the file if needed
- Preparation of the Trustees final billings/WIP/Invoices
- Preparation of Inspectors final meeting and approval of the R&D and Trustees fees;
- Assemble and efile documents to be sent to the Official Receiver for Letter of Comment;
- Deal with the taxation process at the Court including the assembly of all documents required for taxation if needed;
- Deal with all inquires from OSB and Court prepare Reports or Supplementary reports to Court with respect to various discharge/taxation issues;
- Preparation of Affidavit of Mailing where applicable;
- Prepare Application of Trustee for Discharge and Order Discharging Trustee and arrange for documents to be sent to the Court when needed;
- Other duties incidental to the file administration;
- Answer inquires from staff from different departments/creditors/debtors;
- Other duties as may be required and assigned associated with division 1s and Ordinary PB administration.
Qualifications
- Previous experience in dealing with Division 1 proposals and ordinary bankruptcy closeout is beneficial but not required.
- Previous experience in assembling time dockets is beneficial but not required.
- A background in accounting Paralegal business commerce or a related field will be advantageous.
- Previous experience in dealing with division 1 proposal and ordinary bankruptcy administration is an asset
- Proven background dealing with attention to detail and multitasking
- Organizational skills to organize workload
- Good oral and written communication skills to communicate effectively with staff inspectors creditors and OSB
- Analytical skills to analyse account activities
- Interpersonal skills to deal with team members and staff
- Excellent computer skills and proficient with Microsoft Office (Outlook Excel Word)
- Familiar with insolvency software Ascend and other software such as ProSystem
Our Culture at Farber
At Farber were in the business of helping peopleand this ethos extends not only to our clients but to our employees partners. We are committed to taking action and to deliver an inclusive diverse and equitable workplace that our staff experience every day. This commitment also shapes our culture which is one of a kind and unique. We are proud to have a dedicated culture committee who organize events and consists of staff volunteers they hand out awards for recognition and support the many holidays in our community to celebrate our inclusive and diverse workforce at Farber
Farber encourages applications from all qualified candidates who represent the diversity of Canada.
- If you require any accommodations throughout the recruitment processincluding alternate interview formats accessible materials or any other accommodationswe encourage you to contact us at .
We thank all candidates for submitting their resume however only those selected for an interview will be contacted
Required Experience:
Unclear Seniority
Employment Type
Full Time
Key Skills
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