Trust Associate

StoneTurn Group LLPLos Angeles, CA
38d

About The Position

We are seeking a skilled and detail-oriented Bankruptcy Estate Administrator to join our team. As the Bankruptcy Estate Administrator, you will be responsible for handling post-confirmation administration of bankruptcy estates with minimal supervision. Your expertise in understanding motions, disclosure statements, and Chapter 11 plans will be essential in ensuring compliance with debtors' continuing bankruptcy obligations, tax responsibilities, and distributions to estate creditors. You will also assist in reviewing Proofs of Claim and drafting various documents, including notice responses and abatement letters related to tax disputes.

Requirements

  • Paralegal Certificate or Bankruptcy experience preferred
  • Excellent research skills and the ability to analyze complex legal documents.
  • Strong writing and communication skills, with attention to detail.
  • Proficiency in Microsoft Office applications.
  • Ability to manage multiple projects simultaneously and prioritize tasks effectively.
  • Familiarity with bankruptcy laws, motions, disclosure statements, and Chapter 11 plans is preferred.
  • Previous experience in bankruptcy estate administration is an advantage.
  • Ability to work independently and demonstrate sound judgment in decision-making.
  • Advanced PowerPoint and Excel capabilities
  • Excellent writing and verbal communication skills
  • Proficient with financial/data analytics
  • Familiarity with the US Bankruptcy code is a plus.
  • Planning and Prioritization: must be able to work independently and effectively multitask in a highly detailed environment, having a good sense of what is important to accomplish the goal.
  • Communication Skills: ability to condense large amounts of financial and legal information into logical, thoughtful and concise solutions, presentations and well-written reports.
  • Action-Oriented: eager and responsive at all times, seizing the opportunity when presented with it.
  • Trust: exceptional maturity and the corresponding ability to interact with lenders, lawyers, senior executives and middle managers, presenting the candid truth in a helpful manner
  • Personal Learning: ability to successfully work in a small and collaborative team environment, committing to and actively working on improving skills, seeking feedback and adjusting accordingly.

Responsibilities

  • Manage bankruptcy estates post-confirmation, ensuring adherence to all bankruptcy obligations and tax requirements.
  • Oversee and execute distributions to estate creditors following approved Chapter 11 plans.
  • Review tax Proofs of Claim and collaborate with tax professionals in first-day valuations for estates.
  • Prepare and dispute collection delinquent liabilities with state and federal tax authorities through abatement letters and other legal means.
  • Assist in the preparation of monthly operating reports and communicating filing requirements to legal counsel.
  • Provide administrative support in setting up new client information into our management database.
  • Coordinate and execute large-scale mailings on behalf of the debtor as required.
  • Effectively communicate with supervising attorneys, co-counsel, clients, and tax professionals.
  • Draft correspondence related to bankruptcy proceedings and respond to creditor inquiries
  • Collaborate with tax professionals to limit the risk of liens and fines for trusts, payroll reports, and disbursements of wage claims.
  • Perform other tasks or duties as assigned by management.

Benefits

  • Excellent salary
  • Competitive benefits package
  • Company 401K plan
  • Company profit-sharing plan
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