Job Description

Citadel Source are partnering with a Financial Advisory firm in search of a Senior Associate - Restructuring, to join an expanding operation in the South West. They specialise in Corporate Finance, Debt Advisory, Forensic Services and Restructuring Advisory.

About you

The role will suit a qualified finance professional with a background in audit or accounts preparation and some knowledge of insolvency and restructuring (either practical or theory). Due to the nature of the role it is important to have a high level of resilience and composure.

The role

This is a newly created position, born out of high growth across the group. You will work closely with key clients and their banks, assisting with administrations, liquidations and restructuring processes as required.

As a Senior Associate, your role will include, but not be limited to:

• Prepare and file statutory documents on appointment, set up new jobs, and maintain orderly files
• Correspond with stakeholders by drafting letters and emails, handling phone calls, and attending client premises as required
• Handle asset realisations, liaise with professional advisors (such as solicitors and agents), and review creditor claims against company records
• Use specialist insolvency software (IPS) to record transactions and claims, set up payments, record receipts, prepare receipts and payments accounts, maintain diaries for compliance, and produce standard pack letters and reports
• Progress cases efficiently, prioritising workload and ensuring deadlines are met
• Prepare VAT returns for review and attend to large mail outs of creditor circulars
• Deal confidently with matters such as ROT claims and employee redundancies
• Understand and produce Estimated Outcome statements and Receipts and Payments accounts on cases
• Respond to creditor queries both in writing and verbally
• Populate datarooms, establish initial contact with interested parties on AMA engagements, and draft engagement letters ensuring all take-on procedures are complied with
• Prepare fee requests for approval and correspond with stakeholders in a credible manner
• Liaise with and report to senior team members, keeping others up to date with progress as necessary
• Demonstrate strong teamwork skills, keep up to date technically (e.g., attend training events, read technical updates), and record time accurately on the timesheet system
• Take an active part in marketing and networking events, with flexibility to travel to client premises and work away from home occasionally (not expected to be a regular occurrence)

What the client is looking for:

• Qualified accountant (e.g., ACCA/ACA)
• Insolvency qualifications (e.g., CPI) would be of benefit
• Experience of working in a Restructuring department of a professional services or boutique firm
• Attention to detail – strive to produce accurate letters and documents for review on first attempt
• Strong organisational skills – multi-tasking, organised files, note keeping, adherence to deadlines, etc.
• Composure and Resilience
• Clear communication
• Pragmatic mindset to find practical solutions and tangible outcomes

What the client has to offer

• Circa £55k
• Clear career progression opportunities with the possibility of moving into Corporate Finance in the future

Sound like a good fit?

If you are interested in discussing this role, please reach out to Tim Hand – tim@citadelsource.com at Citadel Source

***Due to the high volume of applications we expect to obtain on this vacancy, we may not be able to respond to everyone individually. If you haven't heard back within 2 weeks, please assume your application has been unsuccessful***