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 for you 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 also requires technical and analytical skills and a good deal of the "detective". You will need to be able to perform technically and accurately under time constraints and be able to make decisions based on available information.
We generally maintain a small team structure. Each file accountant has a supervisor. That supervisor is usually only responsible for a maximum of two file accountants, ensuring the proper amount of attention can be given to training and assisting those employees. Each team has at most three supervisors to ensure that full attention can be given to all staff at all levels.
Career Plan
We always try to give suitable, motivated employees a long term career plan. Actual salary* levels and promotion will be subject to individual assessment, so the following should be taken as a guide only.
File Accountant (including the Probation Period)
Undergraduate and Graduate employees at Worrells commence on a six month probation period.
| Queensland | New South Wales | Victoria |
|---|---|---|
| $36,000 to $42,000 | $42,000 to $45,000 | $42,000 to $45,000 |
Senior File Accountants
We expect that these employees would have commenced their studies with the Institute of Chartered Accountants or the Society of CPAs.
| Queensland | New South Wales | Victoria |
|---|---|---|
| Salary from $43,000 | Salary from $50,000 | Salary from $50,000 |
Supervisors
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) during this period.
| Queensland | New South Wales | Victoria |
|---|---|---|
| Salary from $60,000 | Salary from $65,000 | Salary from $65,000 |
Managers
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 skills necessary for registration as a Registered Liquidator will be developed.
| Queensland | New South Wales | Victoria |
|---|---|---|
| Salary from $90,000 | Salary from $85,000 | Salary from $80,000 |
Senior Managers
Senior Managers have control over a number of staff at all levels. They would be considering registration as a Liquidator.
| Queensland | New South Wales | Victoria |
|---|---|---|
| Salary by negotiation | Salary by negotiation | Salary by negotiation |
*All salaries include leave entitlements and superannuation.
Further Studies
The first big step in an accountant's career is usually becoming a CA or a CPA. We expect that staff will undertake these studies at some stage, and the earlier the better. To assist them, we provide 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 qualification as quickly as possible.
We will also provide the same support to CA 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
We conduct regular in house training 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 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. an opportunity to expand your qualifications into other specialist areas of accountancy;
6. 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 office.
Brisbane - Gold Coast - Sunshine Coast - Sydney - Melbourne
Last Updated: 5.1.2010