Assistant Manager

Position purpose

**Position **As an Assistant Manager you are responsible for overseeing and delivering a broad range
**purpose **of insolvency tasks to a high standard, in line with Worrells protocols and values. This

role works closely with your team members to organise and manage completion of

insolvency engagements while delivering quality service to all stakeholders.

As Assistant Manager, you are also responsible in assisting your Manager in meeting key

performance indicators. An Assistant Manager is also responsible for coaching,

mentoring and directing team members to ensure development of staff under your

supervision.

Duties

File management Set up/oversee the setup of new files

Review incoming correspondence and provide specific instructions on
proposed responses or actions required in relation to correspondence
Review and approve draft outgoing correspondence as authorised

Instruct and oversee drafting of first day notifications to various stakeholders

Distribution and management of daily filenote downloads and managing
filenote and general workload of supervised staff
Set deadlines for work to be completed in accordance with firm and statutory
obligations
Oversee maintenance of general ledger, review receipts and payments on
files, approve invoice payments
Monitor all file note tasks being completed

Draft/review reports/advices to creditors (e.g. initial reports, statutory
reports, fee approval advices, secured creditor reports and dividend
declaration advices)
Assess business/assets and provide recommendations/strategies on
sale/disposal of same
Assist with marketing and selling business/assets (monitoring the preparation
of advertisements, information memorandums, confidentiality undertakings,
communicating with interested parties, correspondence with interested
parties, assessing offers, correspondence negotiating / accepting offer,
reviewing sale agreements)
Attend site to inspect/collect/list assets and/or books and records and ensure
compliance with firm and statutory obligations
Assist with trade on activities (e.g. reviewing the setup of trade on accounts,
reviewing budgets, monitoring trading activities, orders, purchases, sales.)
Review and arrange storage of books and records and destruction of books
and records at appropriate time
Review documentation to assess validity of security interests (e.g. review
security documentation)

Assist with FEG (e.g. approving employee entitlement letters, reviewing
calculation of outstanding employee entitlements, corresponding with FEG,
review FEG questionnaires, FEG Deed of Undertakings, FEG verification
spreadsheets and discrepancy reports)
Review prepared BAS' and monitor receipt of refunds, review payments

Review/conduct income assessments and provide suggestions regarding
income assessments including finalising assessments, collection schedules,
non-compliance
Review solvency investigations (prepare solvency analysis, solvency report)

Review investigations into insolvent trading

Review investigations into voidable transactions (e.g. preferential payments,
uncommercial transactions, unreasonable director-related transactions,
undervalued transactions)
Review summary of potential offences and review offence reports to
regulatory bodies
Assist with seeking funding (e.g. FEG funding, ATO indemnity request)

Assist with litigation matters (e.g. instructing solicitors, reviewing court
documents, preparation for and attendance in mediation/Court, preparation
for public examinations and attendance in Court)
Assist with creditor meetings, review completed minutes of meetings,
instructing lodgement of statutory forms
Assist with seeking fee approval from the Court (e.g. reviewing WIP report,
Review adjudication of proof of debt claims by creditors for dividend purposes
and/or when requested
Assist with dividend procedures (presenting options and recommendations to
appointee on complex adjudication and distributions, instructions to staff)
Instruct and assist with finalisation of files (e.g. closing administration bank
account, cancelling GST registration, draft and lodge statutory forms)
Convert and providing instructions to staff to setup basic new files

Provide staff with instructions on strategy to administer basic new files

Contribute to drafting of complex areas of correspondence, reports and
advices
Instruct staff on site inspections and collection of assets and records

Implement and monitor compliance of trade on strategies

solicitor
Instructing staff on finalisation matters

Financial Record all chargeable and non-chargeable tasks on timesheets
Performance Ensure subordinates are completing timesheets and meeting chargeable

budgets
Monitor and contribute to discussions regarding file and team fees, work in
progress, write-offs and budgets
Generate and complete monthly fee sheets

Analyse and provide options and recommendations on relevant trends
identified in team budget performance

People & Coordinate / attend new staff memb