Trustee in Bankruptcy (LIT)


Published
February 28, 2024
Location
Toronto, ON
Job Type
Employer
  • Brian Pho
Salary
$100,000+

Description

This role is responsible for managing a variety of insolvency engagements including viability assessments, CCAA, receivership, bankruptcy proposal and consulting files. The Restructuring and Insolvency Group provides consulting services to companies in transitions, lenders and investors and other stakeholders.

Key Responsibilities:

  • Manage both informal and formal corporate restructuring and insolvency engagements including CCAA, receivership,
    bankruptcy, proposal, and consulting files
  • Supervising junior staff and reporting to Partners
  • Advise on bankruptcy laws and practices, management of corporate insolvencies, advising lenders, creditors or shareholders through financial reviews, as well as formal appointments
  • Liaise with key stakeholders including debtors, creditors, auctioneers, and appraisers
  • Prepare and review viability assessments, including statements of estimated security position
  • Develop outcome analysis based on various circumstances
  • Draft memorandums, reports and other correspondence
  • Prepare financial models, including cash flow modeling and forecasting 
  • Maintain effective client communication with accurate and timely information
  • Conduct research and keep current with the Bankruptcy and Insolvency Act (BIA)
  • Assist in the preparation of proposals and various presentations
  • Attend industry workshops, professional associations and committees
  • Market the Firm’s services

 

Requirements

Candidate Profile:

  • A minimum of three to five years working in restructuring and insolvency engagements
  • CIRP and Licensed Insolvency Trustee designations
  • A CPA designation
  • Excellent analytical and problem-solving abilities
  • Ability to effectively present information and respond to questions from clients or other parties
  • Highly organized and detail-oriented with well-developed project management skills
  • Strong MS Office skills (Excel, Word, Powerpoint)
  • Excellent written and verbal communication skills
  • Solid understanding of business professionalism and the ability to work in a team environment

 

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