Recovery & Reorganisation Trainee

To provide assistance to the Recovery & Reorganisation team on a range of restructuring assignments. Working mainly with the Senior Associates, providing support on a portfolio of cases. 

To also provide general clerical and general administrative support to the department and assist the management team on ad hoc tasks and projects. 

 The role involves providing assistance to senior staff members on restructuring and forensic assignments, from the initial client take-on up to the conclusion of the assignment, including tasks such as obtaining and collating the required client disclosure documentation and assisting with client take-on, keeping records up to date and assisting with the day-to-day administration of the assignments.  

The Associate will be involved in general case work to understand the importance of and to implement efficiently good procedures. As they progress, they will develop a basic understanding of restructuring and forensic assignments with a view of administering their own portfolio of cases.  

Clients

• 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. 

People 

• 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. 

Markets

• 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. 

Other Responsibilities: 

• 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 to undertake studies towards a relevant professional qualification, if applicable.
• Highly PC literate with good knowledge of Windows software and Microsoft 365.
• Possesses excellent planning, organisational and time management skills.
• Is a team player but also has the confidence to work alone on certain engagements. 
• Has attention to detail to ensure that the quality of work will meet the required ethical and professional standards.
• Ability to work under pressure and to deadlines coupled with a flexible attitude and a proactive approach to work. 
• Displays initiative and lateral thinking coupled with the ability to solve routine problems. 
• Analytical with the ability to analyse data from a variety of different sources.
• Has excellent interpersonal and communication skills and has the confidence to deal with people at all levels.
• Committed to effective client service.
• Ability to apply the technical knowledge gained via the studies towards the professional qualification, if applicable.