Company Information
One of Canada’s oldest and most respected debt solution providers. We help people get out of debt and start rebuilding their lives again. Established in 1979, Farber has over 250 employees working across Canada and has helped over 100,000+ Canadians get out of debt.
And now, we’re embarking on our next stage of innovation & significant growth. To do that, we hire experienced, enthusiastic, motivated, innovative, and customer-centric team members to play critical roles in helping us reach our ambitious goals.
Join us in better serving the growing number of Canadians who are in need of help.
Position Summary
We are currently seeking a Full-time Insolvency Administrator (internally known as Division 1 and Ordinary Proposals Administrator) to join our Sheppard office. The individual in this role will administer division 1 proposal and ordinary bankruptcy files.
Responsibilities
- Assist with all matters relating to the current administration of Division 1 and Ordinary bankruptcy estates including but not limited to :
Prepare Report to Court and court application package and schedule court hearings for division 1 proposals including dealing with court endorsements;
Draft Report to Creditors and Notice to Creditors for proposal and Trustee’s Preliminary report to creditors for bankruptcy;Schedule all meeting of creditors for both proposal and bankruptcy estates;Prepare and send out Notice of Stay if applicable;Monitor payments and other division 1 proposal terms, where applicable;Upon court approval, send out 30 days notice;Attend to interim dividends if needed;Deal with various estate banking requests;Assist in various close-out matters re Trustee’s discharge and taxation if needed;Attend to creditors’ and debtors’ enquiries, bring complex ones up to the trustee’s attention;Co-ordinate all court hearings among Trustees and lawyers within different jurisdictions;Deal with all complex matters related to proof of claim, including, preparation of the notice of disallowanceAttend to creditors’ and debtors’ enquiries—bring complex enquires to the trustee’s attention;Deal with various estate banking requests;Other duties incidental to the file administration;Answer inquires from junior staff;Other duties as may be required.Deal (or assist) with all matters relating to the closing of corporate bankruptcy or Division 1 estates including but not limited to :
Reviews all prior / pre / post bankruptcy returns filed by the tax department am make sure all the statutory returns are filed properly;
Review claims submitted by creditors; ensure each claim is filed correctly and as applicable, admit claim or prepare Notice of Disallowance for approval by Trustee; Admit claims, as appropriate;Review assets file folder in the ordinary bankruptcy and make sure all assets have been disposed properly, send S38 notice as appropriate;Preparation of the Trustee’s Final Statement of Receipts and Disbursements (R&D)Preparation of the Trustee’s final billings;Preparation of Inspector’s final meeting and approval of the R&D and Trustee’s fees;Assemble and efile documents to be sent to the Official Receiver for Letter of Comment;Assemble the Trustee’s taxtation packageDeal with the taxation process at the Court, including the assembly of all documents required for taxation if needed;Preparation of Affidavit of Mailing where applicable;Prepare Application of Trustee for Discharge and Order Discharging Trustee and arrange for documents to be sent to the Court when needed;Qualifications
Previous experience in dealing with division 1 proposal and ordinary bankruptcy administration is an assetPrevious experience in the insurance, health care, or legal industryProven background dealing with attention to detail and multi-taskingOrganizational skills to organize workloadGood oral and written communication skills to communicate effectively with staff, inspectors, creditors and OSBAnalytical skills to analyse account activitiesInterpersonal skills to deal with team members and staffExcellent computer skills and proficient with Microsoft Office (Outlook, Excel, Word)Familiar with insolvency software Ascend and other software such as ProSystemCompensation, Benefits, and Perks
To ensure we attract and retain top talent, we offer competitive compensation and benefits which we continually review and update to meet the evolving needs of our people.
As a part of our team, you will receive :
Flexible work arrangementsVacation and wellness daysExtended health and dental coverage as well as a virtual doctor planEmployee Assistance Program and mental health resourcesCompany matching retirement savings planFinancial support for professional developmentAnnual company eventsExclusive access to perks and discountsOur Commitment to Inclusion, Diversity, and Equity
At Farber, we’re in the business of helping people—and this ethos extends not only to our clients, but to our employees, partners. We are committed to taking action and to deliver an inclusive, diverse, and equitable workplace that our staff experience every day. This commitment also shapes our culture, which is one of a kind and unique. We are proud to have a dedicated culture committee who organize events, and consists of staff volunteers, they hand out awards for recognition and support the many holidays in our community to celebrate our inclusive and diverse workforce at Farber.
Farber encourages applications from all qualified candidates who represent the diversity of Canada.
If you require any accommodations throughout the recruitment process—including alternate interview formats, accessible materials, or any other accommodations—we encourage you to contact us at [email protected].We thank all candidates for submitting their resume, however, only those selected for an interview will be contacted.
