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Careers at Worrells

We are always on the lookout for motivated accountants who are interested in a career in insolvency. At times we may not have a position immediately available, but we maintain a list of potential employees for when positions do become available.

Working in insolvency is an opportunity to develop a range of skills from the diverse disciplines of: accounting analysis and interpretation; business management; business and asset divestment; commercial law; risk management; litigation; financial reporting and personal communication.

To succeed in this area of accounting, you will need to have high levels of motivation, a positive learning attitude, resourcefulness, initiative and an ability to deal with uncertainty. Whilst insolvency is exciting and rewarding, some people find it too demanding and confronting. Insolvency is more suited to people who are self confident and assertive.

Insolvency requires technical and analytical skills and a good deal of the "detective". You will be required to perform technically and accurately under time constraints and be able to make decisions based on available information.

The firm generally maintains a two to one structure. Each file accountant will have a supervisor. That supervisor is usually only responsible for two file accountants, ensuring the proper amount of attention can be given to training and assisting those employees. Each partner/manager team controls at most three supervisors to ensure that full attention can be given to all staff.

Career Plan

The firm looks at giving suitable employees a long term career plan. For a motivated employee the plan may resemble the following. Actual salary levels and advancement will be subject to individual assessment and negotiations. As such the following should be taken as a guide only.

  Queensland New South Wales Victoria

File Accountant (Probation Period)

$33,000 to $37,000 $37,500 $37,000
Undergraduate and Graduate employees at Worrells commence on a six month probation period.

Senior File Accountants

Salary from
$38,000
Salary from
$43,000
Salary from
$40,000
We expect that employees would have commenced their studies with the Institute of Chartered Accountants or the Society of CPAs.

Supervisors

Salary from
$50,000
Salary from
$58,000
Salary from
$55,000
After being promoted to Supervisor level, employees would concentrate on developing skills as a team leader and supervising files and other staff. Employees should be completing studies with the Institute of Chartered Accountants or the Society of CPAs. We would encourage further studies to be undertaken in the areas of insolvency (with the IPA) and financial investigation during this period.

Managers

Salary from
$70,000
Salary from
$75,000
Salary from
$70,000
On being promoted to Manager level, employees would begin to control administrations on a more detailed basis and take control over Supervisors and their File Accountants. The necessary skills that are required for registration as a Registered Liquidator would be developed.

Senior Managers

Salary by negotiation Salary by negotiation Salary by negotiation
Senior Managers have control over a number of staff at all levels. They would be considering registration as a Liquidator.

*All salaries include leave entitlements and superannuation.

Further Studies

We realize that the first big step in a person's career is usually becoming a Chartered Accountant or a CPA. The firm expects that staff will undertake these studies at some stage, and the earlier the better. The firm provides support to staff for their CA or CPA studies, both financially (paying for the first attempt of each subject) and in providing materials and courses to assist staff in achieving that status as quickly as possible.

We will also provide the same support to Chartered Accountants or CPAs that wish to expand their qualifications in related areas of insolvency and financial investigation. In particular, we encourage staff that have completed their CA or CPA studies to undertake the IPA course in insolvency.

In House Training

The firm maintains regular in house training programs designed to enhance relevant and necessary skills.

Professional Development

As a staff member at Worrells, you will get:

1. A chance to work with supervisors and partners who are recognized as specialists in their fields;

2. A position in a four tiered system (Partner - Manager - Supervisor - File Accountant) that generally works on a two to one basis that ensures that people do not get lost in the system;

3. Experience in all aspects of insolvency work and increases in your responsibilities to match experience and skills;

4. Support for CA, CPA and IPA studies;

5. Expert guidance;

6. An opportunity to expand your qualifications into other specialist areas of accountancy;

7. An opportunity to work in the different offices within the group.

Contact

Applicants interested in providing us with their details and resume can forward same to the firm's human resource partner in the relevant state.

Brisbane - Raj Khatri - raj.khatri@worrells.net.au

Gold Coast - Susan Carter - susan.carter@worrells.net.au

Sunshine Coast - Paul Nogueira - paul.nogueira@worrells.net.au

New South Wales - Michael Hird - michael.hird@worrells.net.au

Victoria - Matthew Jess - matthew.jess@worrells.net.au


Last Updated: 8.1.2008


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