Senior Insolvency Officer

Government of Bermuda 

Department of Employee & Organizational Development

Ministry of Finance

SENIOR INSOLVENCY OFFICER

PS 33 $116,920.43 (=US$ Equivalent)

Registrar of Companies

Job Number: DHR03382 (330098)

Under the direction of the Insolvency Manager, the post holder is responsible for day-to-day duties related to the regulation of corporate and personal insolvencies in accordance with the Companies Act 1981; the Companies Winding- Up Rules 1982; the Bankruptcy Act 1989 and The Bankruptcy Rules 1990 and the regulation of private liquidations. In conjunction with the Insolvency Manager, the post holder is also responsible for other regulatory duties including the management, review and regulation of voluntary liquidation filings in accordance with the Companies Act 1981.  The post holder has delegated supervisory authority to make decisions at a technical level to effectively and efficiently perform insolvency functions in accordance with the relevant legislation and with departmental policies and procedures. The post holder is responsible for developing and maintaining working relationships with industry professionals.

The post holder must be an accountant and/or an insolvency practitioner with a minimum of five (5) years of relevant experience in accountancy and insolvency/liquidation, including at least two (2) years in a supervisory role. While not mandatory, extensive knowledge of the applicable laws, including the Companies Act 1981, the Companies (Winding-Up) Rules 1982, the Bankruptcy Act 1989, and the Bankruptcy Rules 1990, is highly recommended.

The Postholder must be qualified accountant with full membership in an internationally recognized professional body (e.g., Chartered Accountant, Certified Public Accountant, Chartered Institute of Management Accountants, Certified General Accountants, or Association of Chartered Certified Accountants) and eligible for membership with the Chartered Professional Accountants (CPA) Bermuda. Alternatively, candidates may possess a Master's Degree in Business Administration (MBA) or an equivalent qualification in a relevant discipline with a specialization in insolvency, or a Law Degree with a focus on insolvency.

Consideration will also be given to applicants who hold a Bachelor's Degree in Law, Business Administration, or a related field along with seven (7) years of relevant experience in accountancy and insolvency/liquidation, including two (2) years of supervisory experience in insolvency.

A Certificate of Proficiency in Insolvency, obtained by passing the Joint Insolvency Examinations Board examinations, is highly desirable.

This post is offered on a three-year contract. Qualified persons wishing to be considered for the post may apply online at www.govtcareers.gov.bm by the specified closing date of: Wednesday, August 27,2025.