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Close-Out Insolvency Administrator

North York, Ontario
 
Company Information
One of Canada's oldest and most respected debt solution providers. We help people and businesses get out of debt and start rebuilding their lives and businesses again. Established in 1979, Farber has over 250 employees in over 94 offices across Ontario Eastern and Western Canada, having helped over 100,000 Canadians get out of debt and solve their tax disputes.

And now we’re 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 Full-time Junior Close-out Insolvency Administrator (internally known as Junior Division 1 and Ordinary Proposals Close-out 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 Trustee’s Final Statement of Receipts and Disbursements (R&D)
  • Assemble the time dockets for the file if needed
  • Preparation of the Trustee’s final billings/WIP/Invoices
  • Preparation of Inspector’s final meeting and approval of the R&D and Trustee’s 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 close-out 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 multi-tasking
  • 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, we’re in the business of helping people—and 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 process—including alternate interview formats, accessible materials, or any other accommodations—we encourage you to contact us at careers@farbergroup.com

We thank all candidates for submitting their resume, however, only those selected for an interview will be contacted
 

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