ESTATE ADMINISTRATOR - INSOLVENCY / LIQUIDATION ADMINISTRATOR

Introduction

An Accounting firm is seeking to employ a suitably qualified individual who will assist in the holistic and full administration process relating to insolvent estates and liquidations in terms of the relevant legislations and specifically to the Insolvency Act. This role would have involvement in all aspects of the estate administration process from start to finish.

Duties & Responsibilities

Fulfilling the duties involved in the insolvent estate and liquidation administration which include, but are not limited to:

• New appointments and lodgement of Undertaking, Bond of Security and Affidavit of Non-Interest.

• Attending to all assets and taking control of movable and immovable assets.

• Creditors’ meetings – to convene and submit all relevant meeting documents.

• Drafting of Second Meeting reports in an insolvent estate, Company and Close Corporation.

• Correspondence with all creditors and obtaining claim documents.

• Following up and collecting proceeds payable to the estate.

• Completion of relevant documents for the transferring and or liquidation of assets.

• Obtaining relevant tax certificates to ensure the finalization of the income tax assessment.

• Preparing the file for finalization.

• Constant liaison with the Master’s Office, Magistrate Offices nationwide and creditors if and when necessary.

• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems

• Drafting of Liquidation and Distribution Accounts for Insolvent Estates

Desired Experience & Qualification

• Matric / Grade 12 / National Senior Certificate

• Certificate in Insolvent Estates (SARIPA) (not mandatory but beneficial)

Minimum Experience Level

• 2+ years in insolvent estates / fiduciary environment

• Knowledge and technical know-how relating to all aspects of estates administration

• Previous work experience.

Package & Remuneration

R15k - R25k