Licensed Insolvency Trustee
- Toronto, ON, Canada
Compensation range: $120,000-$150,000 · Full-time
Applications open in a new tab.
Job details
- Pay
- Compensation range: $120,000-$150,000
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Job title: Manager/Senior Manager, Consumer Insolvency (Licensed Insolvency Trustee)
Location: Toronto office, Hybrid
Job vacancy status: Existing vacancy
Compensation range: $120,000-$150,000
Join Fuller Landau
You’ll be part of a collaborative team that supports your success and welcomes your ideas and ambition. Our professional commitment is also personal.
Position Summary
We are seeking a Licensed Insolvency Trustee to manage our Consumer Insolvency practice. The successful candidate will manage files independently from sign up through to discharge and will report directly to the leadership of the practice. The successful candidate will be expected to focus their time on new and existing file and client management.
This role is best suited to a candidate with experience managing the full administration process independently, including sign ups, banking, and administrative work.
Major Responsibilities
We are an accounting, tax, and advisory firm with a team of over 160 people.
Our clients are leaders of private businesses, high net worth families, and the advisors who serve them.
You’ll be a part of a collaborative team that supports your success and welcomes your ideas and ambition.
Diversity, Equity, and Inclusion
Fuller Landau is proud to be an equal opportunity employer where differences are valued and celebrated. We believe that fostering an inclusive environment allows our team to reach their full potential by enabling you to bring your true-self to work. We encourage you to apply if this role excites you.
Fuller Landau is committed to breaking down barriers and welcoming people with disabilities. If you require any accommodations throughout the recruitment process, let us know how we can help!
Location: Toronto office, Hybrid
Job vacancy status: Existing vacancy
Compensation range: $120,000-$150,000
Join Fuller Landau
You’ll be part of a collaborative team that supports your success and welcomes your ideas and ambition. Our professional commitment is also personal.
Position Summary
We are seeking a Licensed Insolvency Trustee to manage our Consumer Insolvency practice. The successful candidate will manage files independently from sign up through to discharge and will report directly to the leadership of the practice. The successful candidate will be expected to focus their time on new and existing file and client management.
This role is best suited to a candidate with experience managing the full administration process independently, including sign ups, banking, and administrative work.
Major Responsibilities
- Managing the full administration of consumer bankruptcy estates from sign up through to discharge (CP, PB) using Ascend
- Reviewing files to determine whether all necessary documents are in hand to ensure seamless administration
- Preparing all documents for sign up of new files, including arranging for electronic signatures
- Electronic filing of documents to the OSB
- Overseeing asset administration of both secured and unsecured assets, and realization of assets
- Completing seven-month file reviews
- Consolidated Trust and Estate Account bank reconciliations and completion of bank reports pursuant to OSB directive
- Interim and final distributions
- Bankrupt and Trustee Discharge applications
- Drafting section 170 reports
- Preparing automatic discharge certificates
- Preparing court documents, including the Trustee's Supplementary Report and draft orders, and representing the estate at court appearances as the Trustee
- Sending out revised notices of discharge
- Communicating with bankrupts, debtors, counsel and creditors in writing, by telephone, and where necessary, in person
- Requesting and following up on debtor examination requests
- Supervising and mentoring team members supporting file administration, where applicable
- Providing guidance on complex or contentious files and identifying issues requiring escalation
- Other duties as may be required
- Licensed Insolvency Trustee (LIT) designation, required
- Estate Administrators Certificate (CIRP)
- BIA Counselling Designation
- College Diploma in Business or Administration
- Licensed Insolvency Trustee with experience in a consumer insolvency firm, including independent management of files from sign up through to discharge
- Demonstrated experience operating independently, without reliance on a large support team for sign ups, banking, and administrative work
- Experience supervising or mentoring team members is an asset
- Ascend experience an asset
- Extremely detail oriented
- Strong organizational skills to multi-task and manage a busy workload
- Computer skills to use Microsoft Office (Outlook, Excel, Word)
- Analytical skills to analyze account activity
- Strong written communication, spelling, grammar and proofreading/editing skills to compose letters, memos, and reports
- Strong verbal communication skills to speak effectively with debtors, creditors, staff and other third parties
- Interpersonal skills to work well with team members, staff and clients
- Ability to learn new software quickly
- A competitive compensation package, including an annual performance-based bonus
- Balance your work and personal life through flexible hours and hybrid working
- Additional paid time off during the summer
- A comprehensible and competitive group RRSP and Benefits plan
- Commitment to your career development with clearly defined career roadmaps
- Mentorship and support to any team member pursuing their CPA designation
- Rigorous and ongoing training that’s customized to your interests, as well as extensive ongoing education to keep you up to date on the latest industry information
- Various committees to celebrate and support the interests of our team members, including our Fun Committee, Diversity Equity Inclusion and Belonging Committee, and Charity Committee
- A weekly on-site massage therapist and healthy snacks during busy season
- An opportunity to give back to the community through our very own Fuller Giving Foundation
We are an accounting, tax, and advisory firm with a team of over 160 people.
Our clients are leaders of private businesses, high net worth families, and the advisors who serve them.
You’ll be a part of a collaborative team that supports your success and welcomes your ideas and ambition.
Diversity, Equity, and Inclusion
Fuller Landau is proud to be an equal opportunity employer where differences are valued and celebrated. We believe that fostering an inclusive environment allows our team to reach their full potential by enabling you to bring your true-self to work. We encourage you to apply if this role excites you.
Fuller Landau is committed to breaking down barriers and welcoming people with disabilities. If you require any accommodations throughout the recruitment process, let us know how we can help!
More about this job
Responsibilities
Manage consumer insolvency files independently from sign-up through discharge, including estate administration, asset realization, banking, distributions, filings, and discharge applications. Communicate with debtors, creditors, counsel, and other parties, prepare reports and court documents, represent estates in court, and mentor team members as applicable.
Requirements
A Licensed Insolvency Trustee designation is required, along with experience in a consumer insolvency firm and the ability to independently manage files from sign-up through discharge. Strong organizational, analytical, written and verbal communication, and Microsoft Office skills are required; Ascend experience and team mentoring experience are assets.
Skills
- Consumer Insolvency Administration
- Bankruptcy Estate Management
- File Management
- Asset Administration
- Bank Reconciliation
- OSB Electronic Filing
- Ascend
- BIA Compliance
- Court Document Preparation
- Client and Creditor Communication
- Team Supervision and Mentoring
- Analytical Skills
- Organization and Multitasking
- Microsoft Office
- Written Communication
- Proofreading and Editing
Benefits
- Performance-Based Bonus
- Flexible Hours
- Hybrid Working
- Additional Paid Time Off During Summer
- Group RRSP
- Benefits Plan
- Career Development
- Mentorship
- Ongoing Training
- Professional Education
- Weekly On-Site Massage Therapist
- Healthy Snacks During Busy Season
- Community Giving Opportunities
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
- Legal
Keywords
- Licensed Insolvency Trustee
- Consumer Insolvency
- Bankruptcy Estates
- Ascend
- Office of the Superintendent of Bankruptcy
- OSB Directives
- Bankruptcy and Insolvency Act
- Estate Administration
- File Administration
- Electronic Signatures
- Electronic Filing
- Asset Realization
- Secured Assets
- Unsecured Assets
- Bank Reconciliation
- Trust and Estate Accounts
- Interim Distributions
- Final Distributions
- Discharge Applications
- Section 170 Reports
- Court Documents
- Trustee's Supplementary Report
- Debtor Examinations
- Microsoft Outlook
- Microsoft Excel
- Microsoft Word
- Client Management
- Creditor Communication
- Team Mentoring