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At Pertemps,
The average salary for:

Insolvency Practitioner
for a Permanent role is
£28,000

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Avg Salary

JOB DESCRIPTION

Insolvency Practitioners (IP) are licensed and authorised to act in relation to an insolvent individual, partnership or company. Most IPs are accountants or insolvency specialists working in firms of accountants. The primary function of an Insolvency professional is to assess the financial position of the company, partnership, LLPs, individual etc.; they also ensure the smooth process of its dissolution.

QUALIFICATIONS

Entrants usually possess a degree or equivalent qualification. Apprenticeships are also available. To qualify as an accountant, entrants must undertake a period of training within an approved organisation and successfully complete professional examinations. Exemptions to some professional examinations are available to those with appropriate academic qualifications.

TASKS

  • Plans and oversees implementation of accountancy system and policies.
  • Prepares financial documents and reports for management, shareholders, statutory or other bodies.
  • Audits accounts and book-keeping records.
  • Prepares tax returns, advises on tax problems and contests disputed claim before tax official.
  • Conducts financial investigations concerning insolvency, fraud, possible mergers, etc..
  • Evaluates financial information for management purposes.
  • Liaises with management and other professionals to compile budgets and other costs.
  • Prepares periodic accounts, budgetary reviews and financial forecasts.
  • Conducts investigations and advises management on financial aspects of productivity, stock holding, sales, new products, etc.

Salaries from this search have been calculated using current and historical roles, which have been advertised with Pertemps in the last 2 years. Data is updated in real time as jobs are posted, and the search results calculate averages of all job posts that fit the role category.

Salary comparison results are intended as a rough guide only. Actual salaries may vary based on qualifications, experience, location and company type. Salary figures do not include bonuses or benefits.

We do not collect your salary information, this is only used for the page to provide you with enhanced information. Weekly pay is calculated by dividing the annual salary by 48 working weeks.

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