Manager, Insolvency and Restructuring
2 weeks ago
Crowe MacKay LLP (Crowe) with a head office located at West Georgia Street, Vancouver, BC, has a vibrant team of trusted advisors with eight locations across northern and western Canada. We are a Canadian partnership with 70 partners and over 400 professional and support staff. We believe strong relationships are the cornerstone to success and strive to create innovative solutions for our clients. Crowe is built on a foundation of diverse talent, delivering expert advice across a spectrum of industries and organizations.
Crowe is currently seeking a Manager to join their Insolvency and Restructuring team in the Vancouver office. The position is a full-time (37.5 hours/week) permanent position. The successful candidate will report to the Partner, Derek Lai, and will be a career-focused individual that is excited to join a growth-oriented, entrepreneurial firm.
The successful candidate will assist both lenders and debtors in challenging financial situations, manage a wide range of insolvency proceedings, and train and mentor staff.
The Role
- Review and assess accounting records for clients in financial distress to determine the extent of their assets and liabilities.
- Prepare estimated realization schedules to assist in advising clients on the appropriate insolvency or restructuring proceedings.
- Provide insights on the potential impact of various insolvency options on creditors, employees, and other stakeholders.
- Assist in preparing and distributing detailed reports to all stakeholders regarding a corporation's financial affairs.
- Take possession of assets, undertakings and properties as it relates to corporate insolvency proceedings.
- Prepare and closely monitor cash flow forecasts for clients undergoing a Notice of Intention to File a Proposal (NOI) under the Bankruptcy and Insolvency Act.
- Stay up-to-date with Canadian insolvency laws, including the Bankruptcy and Insolvency Act (BIA), and ensure that all insolvency processes, reports, and proposals are in full compliance with industry standards.
- Conduct in-depth investigations into the corporation's financial dealings, identifying potential fraudulent transactions or preferential transfers.
- Serve as a neutral party, working to maximize recovery for creditors while ensuring fair treatment of all stakeholders in the insolvency process.
- Organize and attend meetings with creditors to discuss the insolvency process, address disputes, and provide updates on the debtor's financial situation.
- Assist in taking possession of and liquidating assets, distribute proceeds to creditors per legal priorities, and work alongside the Trustee to manage the corporation's restructuring or liquidation process.
- Assist with the closing, taxation and discharge process with regard to completed insolvency estate administrations.
- Correspond with the Office of the Superintendent of Bankruptcy as required.
- Assist in the preparation and filing of corporate tax returns.
- Develop, train and coach junior team members in insolvency proceedings.
- Participate in various marketing and networking initiatives.
What You Will Bring
- Bachelor's degree in Accounting;
- Chartered Professional Accountant designation or equivalent;
- At least 2 years of insolvency experience, specifically corporate insolvency proceedings;
- Completion of or currently pursuing the Licensed Insolvency Trustee designation;
- Extensive knowledge of the Bankruptcy and Insolvency Act;
- Exceptional interpersonal and communication skills, English written and verbal communications, technical competencies and work ethic.
What We Offer
- Hourly wage of $51.28 based on 37.5 weekly hours
- Competitive compensation package
- Four (4) weeks' paid vacation
- Flexibility
- Employee Assistance Program
- Group RRSP Matching Program
- Health and Wellness Allowance
- Group Extended health and dental benefits
- Paid volunteer program and volunteer opportunities
- Paid professional development
- Annual conferences
Equal Opportunity Statement
At Crowe MacKay LLP Canada, we are dedicated to creating a diverse environment. We foster a barrier free work environment that's inclusive as well as diverse, where our people can be themselves. Should you require accommodation during the recruitment process, for example as a result of a disability, please contact us at
As an equal opportunity employer, we welcome your application. All employment decisions, including hiring, training, promotional practices and policies, will be made regardless of race, gender, sexual orientation, gender identity or expression, age, ancestry, citizenship, physical ability, ethnic origin, family status, marital status, place of origin, or any other characteristic protected by applicable human rights legislation.
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