AMSCO Development Solutions, part of the AMSCO Group, is a pan-African private sector development company that focuses single-mindedly on human capital. Everything we do centers around finding talent and developing people to turn organizations into thriving African enterprises. We are conduting the recruitment on behalf of our client who is in the Financial sector.Job Summary:
The Consultant will handle all insolvency cases on a case-by-case basis. Insolvency cases shall entail receiverships, judicial management, statutory management, liquidation, administration, trusteeship, supervision of approved voluntary arrangement.
(S)he will handle insolvency cases which are operationally dormant and shall also be assigned to take over the receivership operations of borrowing companies which are in receivership and are operational. (S)he will also give support to the day-to-day credit follow up operations as and when required.
Job Specifications:
The key roles and responsibilities include:

Undertake pre-receivership or other insolvency related studies – the consultant will prepare pre-receivership synopses for initial approval of the Bank;
Determine resource requirements;
Documentation and receivership initiation;
Ensure safe custody of assets and general receivership administration;
Marketing of companies in receivership – the consultant will be expected to exercise the highest degree of transparency, integrity and honesty in all his/her activities and particularly in marketing the companies;
Closing foreclosure/disposal deals;
Hiring of external experts in instances where recruitment of additional experts is deemed necessary. Such experts may include lawyers, auctioneers, armed security firms, insurance firms, accountants, administrators, auditors;
Compliance with in-country legal requirements;
Accounting for the receivership including maintenance of proper accounts for the receivership account from end to end and filing of documentation with the companies’ registrar;
Developing in-house receivership skills.

Qualifications and Competencies:

A Masters’ degree in Business Administration, Accounting, Banking, Finance, Civil Engineering or Economics with relevant professional qualifications as added advantage;
Professional legal or accounting qualification such as Certified Public Accountant (Kenya) or equivalent;
Membership of ICPAK or other recognized professional body;
A minimum 10 years of relevant professional experience in a corporate or financial industry environment including prior professional experience (at least 2 years) in corporate or project or trade financing, including investment banking, or business consulting in emerging market/Sub-Saharan Africa;
Extensive and relevant knowledge of legal and regulatory environment in member countries;
Ability to take personal responsibility and accountability for timely response to client (internal and external) queries, requests or needs, working to remove obstacles that may impede execution or overall success;
Capacity to work flexibly on a range of assignments and still deliver top quality work while meeting tight deadlines;
Team player with ability to work in different environments and with culturally diverse teams;
Must be detail oriented yet flexible to work in a fast-paced environment;
Proficiency in the use of computer programs including MS Office applications;
Excellent communication skills (verbal and written) in English. Fluency in other languages (e.g. French and Portuguese) is an added advantage More Information

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