An Insolvency Practitioner is appointed to sort out difficult company financial situations, their main task will be to try and rescue the company but if this is not possible they will collect money due to the company, sell any assets that the company may have, distribute any remaining money to creditors.
Most insolvency practitioners are qualified Accountants or Insolvency Specialists, There is a direct route to becoming an Insolvency Practitioner but you will need the Joint Insolvency Examination Board (JIEB) qualification.
- Excellent numerical skills with the ability to interpret complex financial data
- Good concentration levels
- Precision and attention to detail
- The ability to work on your own initiative
- Strong communication skills
- Honesty and integrity
- Tact and diplomacy when dealing with difficult situations
£26,000 to £35,000