Insolvency Financial Specialist

Job responsibilities

• Analyse the financial position of MSEs applying for simplified insolvency, including reviewing assets, liabilities, cashflows, and viability.

• Determine whether restructuring or liquidation is the appropriate option.

• Verify creditor claims and supporting financial documentation.

• Support preparation and assessment of restructuring proposals and repayment schedules.

• Conduct simple asset tracing, verification, and valuation for MSEs.

• Prepare financial statements of affairs, insolvency accounts, and distribution schedules.

• Ensure accurate financial documentation and transparent handling of assets.

• Identify financial irregularities or potential misconduct.

• Explain financial findings to MSE operators, creditors, and stakeholders.

• Support the team leader in reporting, documentation, and continuous process improvement.

• Perform any other duties assigned to her/him by the hierarchical supervisors

KEY COMPETENCIES REQUIRED

• Strong competence in analysing balance sheets, cashflows, debts, and financial viability

• Ability to verify creditor claims and validate supporting financial records

• Basic asset valuation and inventory verification skills

• Ability to distinguish between viable and non-viable businesses

• Knowledge of restructuring techniques and liquidation accounting

• Ability to detect irregularities or red flags in financial statements

• Strong financial reporting and reconciliation skills

• Ability to prepare statements of affairs, liquidation accounts, and distribution schedules

• High accuracy and attention to detail

• Ability to explain financial findings to debtors, creditors, and stakeholders in simple terms

• Ability to work collaboratively with the legal team and team leader

• Good negotiation and advisory skills

• High ethical standards in handling business assets, funds, and sensitive financial data

• Commitment to transparent and accountable processes

• Strong Excel and accounting software skills

• Ability to work with financial templates, databases, and case management systems

NOTE:

• CPA/ACCA or progress toward certification is an added advantage.

Qualifications

• Bachelor's Degree in Economics, Finance, Accounting with 4 Years of relevant experience

• Master's in Finance, Economics, Accounting with 2 Years of relevant experience

• Master’s Degree in Business Administration with specialization in Accounting/ Finance with 2 Years of relevant experience

• Bachelor's Degree in Business Administration with specialization in Accounting/ Finance with 4 Years of relevant experience

Required competencies and key technical skills

• Team work and team building skills;

• Attention to details and deadline-oriented

• Good interpersonal communication skills & ability to work with others under pressure and solve problems

• Good interpersonal communication skills and ability to work with others under pressure & solve problems

• Exceptional leadership, time management, facilitation, and organizational skills.