KordaMentha
Restructuring Vacationer Program (Nov 2024)
Sydney, Brisbane, Perth
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 60,000 - 65,000 / Year
- $34 per hour ($1,258 per week) for 4-8 weeks
- 3-4 vacancies
- Apply by 7 Apr 2024
- Start date 24 Nov 2024 - 30 Jan 2025
Think beyond.
At KordaMentha you can make a real difference from day one.
Each year, we run a n award-winning vacationer program during the summer university break for either a four - or eight - week work placement.
Forget the notion of an observational rotation. At KordaMentha , you will become part of a unique, creative and entrepreneurial team, gaining practical experience as we work together to solve our clients' most complex commercial problems. You will learn how we move beyond a standard approach, asking the 'what if…?' and 'why not…?' questions required to find bold, new ways to help our clients grow, protect and recover value.
Your opportunity
Companies in financial distress engage KordaMentha to urgently restructure and stabilise their businesses, protecting not only monetary value at risk but also their reputation and social licence, and those of their key stakeholders. Our Restructuring group has been entrusted with many of Asia-Pacific's largest and most complex corporate restructures, including Network Ten, Arrium, Tassal , Gunns, Timbercorp and Ansett Australia, and the recent restructures of retailers Seafolly and Tigerlily.
What you'll be doing
As a vacationer in our restructuring group, you'll work in creative project teams to manage Australia's largest and most complex corporate restructures, receiverships, administrations and liquidations. While no two days will be the same, you can expect to:
- work onsite to assist the team with the day to day running of distressed business
- manage creditor enquires and process receipts and payments ?
- help to meet statutory obligations including preparing business activity statements and ASIC forms
- attend meetings with clients and key stakeholders
- participate in business development and marketing activities
- research new opportunities by analysing financial and market information and reporting back to Partners
But it's not all about work. You'll be given a buddy to help you navigate office life as you settle in. We have regular catch ups with People and Culture to ensure you are getting the most out of your placement. We host regular events and social activities, bringing together our close-knit team in a friendly and relaxed environment.
About you
You will be a student in your penultimate year of study and will have:
- an accounting or finance degree (completing)
- empathy and integrity
- strong problem solving and negotiating skills
- excellent analytical, technical and communication skills
- an ability to think outside-the- box
- strong interpersonal qualities
- a focus on delivering excellent client service
- strong academic results
- some prior work experience
- be available to work for 4 or 8 weeks between late November 2024 and late January 2025
- eligibility to live and work in Australia (Australian citizens and permanent residents only)
Applications
We have opportunities for our 2024/5 Vacation Program in Melbourne, Sydney, Brisbane and Perth.
Hiring criteria
- No experience required
- Australian Citizen +more
- Business & Management +more
- Diploma or higher
Reviews
Supporting engagement team with analysis or report: 70% of time Admin: 10% of time Business development: 20% of time
General accounting and finance tasks
I have been on a voluntary administration since the start of my role in the statutory, cash flow and creditor correspondence streams for the most part. Much of my role is administrative and all my outputs are checked by at least one level of management.
About the employer
KordaMentha
4.1
100 - 500 employees
Accounting & Advisory
KordaMentha is an advisory and investment firm that helps clients to grow, protect and recover value.
Pros and cons of working at KordaMentha
Pros
Opportunities to grow and learn. Smaller compared to big 4. Heavy access to senior leadership. Opportunities to get involved in building business/strategy. CA classes paid for.
The people and events. It's always enjoyable to see everyone in the office. Especially as a grad, it's great to have so many people around you that are willing to help out and support you.
The Office space is premium and one of the better aspects of the employer, with scenic views in the heart of the city, they could not be better.
Company is quite social and flat culturally. You can talk to senior people comfortably. Nothing toxic or negative. People are generally highly professional and sociable.
Managers are exceptionally talented individuals with a willingness to both learn and help, praise and recognition are given.
Cons
Team is still building to have the right middle management/procedures/training in place for grads/trainees.
Occasionally, you may be required to work some late nights if you have been placed on a demanding engagement.
Busyness as a grad can be very variable.
Pay is not great for some of the hours that you are required to do.
Not enough structured training content delivered to graduates in the Consulting team.