About the role
Job Summary
The Financial Statement Receipts Disbursements (FSRD) Specialist concentrates on closing bankruptcy and proposal estates, preparing distributions to the creditors, Licensed Insolvency Trustee (LIT), Office of the Superintendent of Bankruptcy Canada (OSB) and the client. The FSRD Specialist also provides reports to the creditors, the client, the OSB about the receipts and disbursements of the estate and upcoming client and LIT discharge.
Work Location: Hybrid Calgary office based role.
Key Accountabilities
Accountability 1: Distributions and Compliance
- Prepare and submit regular distributions to creditors, ensuring all fee calculations are correct and in compliance with the Bankruptcy and Insolvency Act (BIA).
- File appropriate documentation to the Office of the Superintendent of Bankruptcy (OSB) and obtain necessary approvals.
- Prepare and distribute necessary communications to the OSB, clients, and creditors.
- Analyze estates and produce accurate manual billings where required.
- Ensure that the department’s work product is always in compliance with the BIA.
Accountability 2: Communication and Collaboration
- Communicate effectively and professionally with creditors, the OSB, provincial courts, and internal stakeholders.
- Collaborate with various stakeholders, including creditors, internal departments, and Licensed Insolvency Trustees (LITs) to ensure efficient and timely distribution of funds occurs.
- Coordinate with internal stakeholders to perform regular cheque runs.
This job may also be required to complete other duties as assigned.
About Bromwich+Smith
OUR PURPOSE
The purpose of Bromwich & Smith Inc. is to relieve the overwhelming financial burden individuals are experiencing in accordance with Canadian legislation. Bromwich+Smith is an Eco-friendly organization that is committed to making a positive impact on the lives of those we assist, employ & do business with by:
• Treating everyone with grace and respect • Providing impartial & unbiased information and commentary • Fostering the diversity of individual perspectives • Providing a library of resources to support continuous personal growth & understanding
OUR CORE VALUES
-
We operate with the highest level of integrity, ethics & honesty in all aspects of what we do
-
We strive to earn the trust of our stakeholders with every interaction we have with them
-
We develop long term relationships based on knowledge & understanding through a caring & sensitive approach
-
We are adaptable & embrace change for the betterment of all stakeholders
-
We recognize & encourage individual responsibility as the means of empowerment
-
We are an organization of individuals with diverse skills, interests, cultural backgrounds & opinions that strengthen our collaborative team
Website: www.bromwichandsmith.com Toll Free: 1-855-884-9243
About the role
Job Summary
The Financial Statement Receipts Disbursements (FSRD) Specialist concentrates on closing bankruptcy and proposal estates, preparing distributions to the creditors, Licensed Insolvency Trustee (LIT), Office of the Superintendent of Bankruptcy Canada (OSB) and the client. The FSRD Specialist also provides reports to the creditors, the client, the OSB about the receipts and disbursements of the estate and upcoming client and LIT discharge.
Work Location: Hybrid Calgary office based role.
Key Accountabilities
Accountability 1: Distributions and Compliance
- Prepare and submit regular distributions to creditors, ensuring all fee calculations are correct and in compliance with the Bankruptcy and Insolvency Act (BIA).
- File appropriate documentation to the Office of the Superintendent of Bankruptcy (OSB) and obtain necessary approvals.
- Prepare and distribute necessary communications to the OSB, clients, and creditors.
- Analyze estates and produce accurate manual billings where required.
- Ensure that the department’s work product is always in compliance with the BIA.
Accountability 2: Communication and Collaboration
- Communicate effectively and professionally with creditors, the OSB, provincial courts, and internal stakeholders.
- Collaborate with various stakeholders, including creditors, internal departments, and Licensed Insolvency Trustees (LITs) to ensure efficient and timely distribution of funds occurs.
- Coordinate with internal stakeholders to perform regular cheque runs.
This job may also be required to complete other duties as assigned.
About Bromwich+Smith
OUR PURPOSE
The purpose of Bromwich & Smith Inc. is to relieve the overwhelming financial burden individuals are experiencing in accordance with Canadian legislation. Bromwich+Smith is an Eco-friendly organization that is committed to making a positive impact on the lives of those we assist, employ & do business with by:
• Treating everyone with grace and respect • Providing impartial & unbiased information and commentary • Fostering the diversity of individual perspectives • Providing a library of resources to support continuous personal growth & understanding
OUR CORE VALUES
-
We operate with the highest level of integrity, ethics & honesty in all aspects of what we do
-
We strive to earn the trust of our stakeholders with every interaction we have with them
-
We develop long term relationships based on knowledge & understanding through a caring & sensitive approach
-
We are adaptable & embrace change for the betterment of all stakeholders
-
We recognize & encourage individual responsibility as the means of empowerment
-
We are an organization of individuals with diverse skills, interests, cultural backgrounds & opinions that strengthen our collaborative team
Website: www.bromwichandsmith.com Toll Free: 1-855-884-9243