Recovery & Reorganisation Trainee
Responsibilities and Accountabilities:
Responsibilities and Accountabilities:
- Communicates effectively with clients’ staff with supervision from a Senior Associate.
- Understands difficult situations and brings them to the attention of senior staff members.
- Develops an understanding of the different requirements of stakeholders.
- Is flexible to be able to travel to clients’ premises and to work or study away from home from time to time.
- Promotes the Grant Thornton brand in their dealings with the stakeholders.
- Develops an awareness of the professional standards expected.
- Is aware of the importance of good client relations.
- Represents Grant Thornton in a favourable light to clients.
- Identifies and actions opportunities for personal and professional development.
- Is proactive in developing their understanding of solvent and insolvent procedures through conducting their own research.
- Acts as a role model for promoting the firm's values.
- Ensures that job review forms are completed on their performance on a regular basis and any identified areas of development are addressed after discussions with line manager.
- Responsibility for ensuring own appraisal and job review forms are completed on time, and that a personal training plan is in place.
- Required to communicate concerns upwards in a timely fashion.
- Builds relationships within the team and within the firm.
- Develops accounting, compliance and company secretarial knowledge.
- Attends internal training events, including courses, to develop their skills and technical knowledge.
- For those undertaking professional exams, ensures they comply with the agreed training contract including preparation and maintenance of their student training record.
Operations and results
- Case management and compliance: This is the key part of the role and in carrying it out, it is important to report to the Senior Associates on a regular basis to update them on progression and any other matters encountered.
- Develops an understanding of office and departmental procedures, including understanding of the basic functions of other Grant Thornton departments.
- Assists in completing take on procedures including conflict checks, obtaining client due diligence, assisting in drafting engagement letters and setting up new clients.
- Able to research basic company information i.e. Jersey / Guernsey Registry, Companies House, Land Registry.
- Ensures the files are up to date, at the requisite times during the case at the conclusion of an assignment.
- Review a company’s books and records at the client, with a Senior Associate or a Manager.
- Prepares and files appropriately statutory documents on appointment and throughout the case as instructed by the Senior Associate.
- Assists in departmental billing.
- Processes invoices and prepares payment vouchers for approval.
- Understands and effectively uses IPS for maintenance of up to date records on all cases.
- Prepares first drafts of basic letters, emails and reports to all relevant stakeholders.
- Deals with phone calls.
- Appropriately records creditor claims.
- Assists with distribution payments by completing the relevant checklists, preparing payments and liaising with banks, feeding information back to the Senior Associate as appropriate.
- Prepares final meeting paperwork and correspondence.
- Assists in archiving of client files.
- Assists in ad hoc projects.
- Spots opportunities for improvement of departmental procedures and communicates them to the team.
- Although not a core part of the role, there may be a requirement from time to time to get involved in activities that develop the R&R practice e.g. marketing events.
- Accurately records time spent on cases.
- Actively participates in team meetings.
- Takes ownership of tasks assigned to them and maintains their own to do list.
- Raises concerns in respect of case progression.
- Obtains a relevant professional qualification, if applicable, in accordance with a signed training agreement.
- School leaver: 112 UCAS points or equivalent / Graduate: Degree (2:1 or above) or equivalent.
- Willing and able to undertake a relevant accounting professional qualification and apply that knowledge to gain experience in the role
Desirable but not Essential
· Previous recovery experience