Schedules & SOFA Consultant

The Schedules & SOFA Consultant is responsible for supporting the #1 Schedules Team in the preparation, review, and filing of Schedules of Assets and Liabilities (Official Forms 206A/B–206H) and the Statement of Financial Affairs (Official Form 207). This role is entry level and intends to train the candidate as a subject matter expert on bankruptcy disclosure requirements and works closely with debtors, attorneys, financial advisors, and claims administration teams to ensure filings are accurate, complete, timely, and compliant with the Bankruptcy Code, Bankruptcy Rules, and local court requirements.

The ideal candidate combines strong knowledge of accounting, exceptional analytical skills, and experience interpreting complex financial records while managing multiple high-profile engagements.

Key Responsibilities

Project Management

• Serve as the primary consultant for assigned Chapter 11 engagements involving preparation of Schedules and SOFAs.

• Develop project plans, timelines, milestones, and deliverables.

• Coordinate with debtor personnel, bankruptcy counsel, financial advisors, and internal project teams.

• Manage multiple concurrent engagements with competing deadlines.

• Track project progress and proactively identify risks affecting filing deadlines.

Preparation of Schedules (SOALS)

• Guide debtors through gathering and preparation of all required data

• Analyze accounting records to identify assets and liabilities requiring disclosure.

• Classify claims in accordance with bankruptcy requirements: Priority, non-priority, secured and the requirements under 507(a) of the bankruptcy code

• Review supporting documentation for completeness and consistency.

• Reconcile schedules to debtor financial statements and trial balances.

Preparation of Statement of Financial Affairs (SOFA)

• Guide debtors through gathering and preparation of all required data

• Review raw business and financial records and repurpose information into templates and forms. 

• Must understand how to review and interpret:

  • Payment registers and journal entries

  • Insider transactions

  • Litigation documents

  • Financial accounts

  • Corporate history and org charts

• Ensure responses are supported by underlying accounting records.

Data Analysis

• Analyze raw accounting system data including

  • General ledger

  • Accounts payable ageing reports

  • Accounts receivable aging reports

  • Fixed asset records and depreciation schedules

  • Payroll records

  • Tax records

  • Contract databases

• Perform reconciliations between financial records and bankruptcy schedules.

• Identify inconsistencies requiring further investigation.

Quality Assurance

• Conduct detailed reviews for accuracy and completeness.

• Verify consistency across schedules, SOFAs, first-day pleadings, and supporting documentation.

• Ensure disclosures comply with applicable bankruptcy forms and court requirements, including redaction protocol.

Client Consulting

• Explain bankruptcy reporting requirements to debtor personnel.

• Conduct working sessions with accounting, finance, HR, treasury, tax, legal, procurement, and operations teams.

• Respond to client questions regarding disclosure requirements.

• Recommend practical approaches for resolving data challenges.

Cross-Team Collaboration and Support

• Coordinate scheduled liabilities data with case teams for claims register, bar date and solicitation purposes.

• Work with Special Projects Team and the client to prepare and deliver schedule G. 

Prepare Workproduct in support of Schedules Disclosures

• Prepare and share client-ready workproduct supporting all disclosures, including AP analysis, SOFA 3 and 4 threshold analysis, UCC lien review.

• Maintain audit trails for assumptions and data sources.

• Assist with drafting explanatory global notes for schedules and SOFA responses when appropriate.

Required Qualifications

• Degree or relevant experience in Accounting, Finance, Business, Economics, or related field.

• Advanced Microsoft Excel skills, including:

  • Pivot tables

  • XLOOKUP/INDEX-MATCH

• Excellent written and verbal communication skills.

• Strong organizational and project management abilities.

• Ability to work under tight court-imposed deadlines.

• Demonstrated ability to solve complex tasks using AI (co-pilot, chatgpt, claude)

Preferred Qualifications

• Experience at a claims agent, law firm, or financial advisory firm specializing in restructuring.

• Understanding of corporate accounting and financial reporting.

• 3–7+ years of Chapter 11 restructuring, bankruptcy consulting, claims administration, or financial advisory experience.

• Strong understanding of:

  • Official Bankruptcy Forms 206 and 207 (Schedules and Sofas)

  • U.S. Bankruptcy Code

  • Priority claim classifications

  • Accounting and financial statements

Core Competencies

• Analytical problem-solving

• Attention to detail

• Project management

• Client relationship management

• Financial Statement Analysis

• Accounting research

• Written communication

• Time management

• Professional judgment

• Collaboration across multidisciplinary teams

Success Metrics

The successful consultant will:

• Deliver complete and accurate schedules and SOFA filings by court deadlines.

• Minimize filing amendments through rigorous quality control.

• Effectively manage multiple complex engagements simultaneously.

• Build strong working relationships with debtors, counsel, and financial advisors.

• Produce high-quality work product that withstand client and court scrutiny 

Typical Stakeholders

• Chief Financial Officers

• Controllers

• Chief Accounting Officers

• General Counsel

• Bankruptcy Counsel

• Financial Advisors

• Treasury Teams

• Accounts Payable Teams

• Human Resources

• Operations Management

Desired Characteristics

The ideal candidate is intellectually curious, highly organized, and thrives in a fast-paced consulting environment. They are comfortable working with incomplete or complex financial information, exercise sound professional judgment, and communicate effectively with senior executives and professional advisors. A commitment to accuracy, responsiveness, and client service is essential for success in this role.

This role requires the candidate to work US hours and overtime (Typically 9am Eastern – 6pm Eastern plus overtime).

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