Banking Administrator, Corporate Insolvency

3 days ago

Toronto Ontario MCV Canada Experienced Career Full time $60,000 - $90,000 per year

Inspirational, innovative and entrepreneurial - this is how we describe our empowered teams. Combine your passion with purpose and join a culture that is thriving in the face of change. 

Make an impact with our Corporate Insolvency team as a Banking Administrator. This diverse team of professionals directly contributes to the success of the firm by supporting internal and external clients. As a trusted advisor, you'll ensure the efficient and effective operation of our business.

MNP is proudly Canadian. Providing business strategies and solutions, we are a leading national accounting, tax and business advisory firm in Canada. Entrepreneurial to our core, our talented team members transcend obstacles into opportunities and are successfully transforming mid-market business practices. 

Responsibilities

Account Management:

  • Collaborate with banking partners to open new accounts for insolvency matters.

  • Reconcile monthly bank statements and prepare cheque requisitions
  • Freeze accounts as required by insolvency proceedings.
  • Enter banking transactions using Ascend and QuickBooks Software and manage approvals.
  • Prepare wire payments, cheques, and manage bank deposits at the branch and remotely.
  • Facilitate the closure of bank accounts upon completion of insolvency mandates, ensuring all outstanding transactions are resolved.

Trust Account Administration

  • Support the handling and reporting of trust accounts in accordance with applicable regulations.

Payments and Transactions

  • Process and track payments to creditors, employees, and other stakeholders as required under insolvency proceedings.

Financial Monitoring

  • Monitor and track financial obligations and payables throughout the administration of insolvency engagements.

Skills and Experience

  • Completion of post-secondary education in administration/business or accounting diploma is an asset.
  • Previous experience working in a partnership or professional services firm is an asset.
  • Attention to detail is a requirement.
  • Excellent communication skills and ability to succinctly report on progress, communicate needs, and work collaboratively with other team members and leadership.
  • Must be able to "manage up" and keep staff accountable to commitments and deadlines.
  • Strong client service focus in dealing with both external and internal clients, displaying an image of professionalism, discretion, integrity, and tact.
  • Strong problem-solving skills, including a proactive approach to working with staff and clients at all levels while demonstrating flexibility.

 

With a focus on high-potential earnings, MNP is proud to offer customized rewards that support our unique culture and a balanced lifestyle to thrive at work and outside of the office. You will be rewarded with generous base pay, vacation time, 4 paid personal days, a group pension plan with 4% matching, voluntary savings products, bonus programs, flexible benefits, mental health resources, exclusive access to perks and discounts, professional development assistance, MNP University, a flexible 'Dress For Your Day' environment, firm sponsored social events and more

We embrace diversity as a core value and celebrate our differences. We believe each team member contributes unique gifts and amplifying their potential makes our business stronger. We encourage people with disabilities to apply

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