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Restructuring & Turnaround Treasury

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Job Description - Restructuring & Turnaround Treasury

Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.

The Team

In early 2025, A&M Australia opened its Restructuring & Turnaround business offering and we now have a national team of highly skilled professionals situated throughout Sydney, Melbourne, Brisbane & Perth, led by 5 Registered Liquidators. The Treasury staff play a crucial role supporting this team of professionals with a variety of compliance and accounting related tasks.

We are now looking to add a new, qualified bookkeeper to join the Treasury team. This role can be filled on a part-time basis (minimum 3 days/week) or full-time. The Restructuring & Turnaround team can be flexible in this regard to suit the requirements of the successful applicant. This is an office-based role, but you will have the flexibility to work from home in line with A&M policy.

A&M offers a competitive salary and benefits. This role will provide opportunities for professional growth and development, and you get to be part of a dynamic and innovative organization.

How you will Contribute

You will be working under the supervision of our team of professional staff and Registered Liquidators and alongside our existing Treasury staff member. Using specialised insolvency accounting software, IPS-Cloud, Treasury staff are primarily responsible for working with the engagement teams to ensure accurate accounts are maintained for all our formal insolvency engagements.

Day to day duties include:
  • Setting up new insolvency engagements in IPS
  • Processing receipts, payments and journal entries in a timely manner
  • Reconciling bank accounts on a regular basis
  • Preparing and lodging financial reports with ASIC in the prescribed form
  • Conduct payroll processing and ensure compliance with STP reporting obligations
  • BAS preparation and lodgements
  • Maintain debtor ledgers and assisting with debtor collection where required
  • Data entry and maintenance of creditor databases
  • Preparing and paying distributions to creditors
  • Final reconciliations, lodgements and closure of concluded insolvency engagements
Other duties:
  • Assist Registered Liquidators with their annual and tri-annual ASIC lodgements and returns
  • Liaise with ASIC re lodgement issues
  • Assist with opening and closing bank accounts for insolvency engagements
  • Preparing practice management reports
  • Opportunities to assist professional staff with other insolvency administration related duties from time to time
Qualifications

The ideal candidate will have a strong understanding of accounting principles, excellent organizational skills, and the ability to ensure accurate financial reporting. Key qualification and skill requirements include:
  • Certificate IV in Bookkeeping or equivalent together with proven experience as a bookkeeper is essential.
  • Experience working in an insolvency firm is advantageous but not necessary as training will be provided.
  • Proficiency in the use of popular cloud-based accounting software (e.g., QuickBooks, Xero, MYOB) is advantageous as it will provide a strong foundation for learning how to use the specialised insolvency software that will be your primary tool. If you are already familiar with Turnkey's IPS (Insolvency Practitioner System), that is advantageous, but it is not essential.
  • Strong knowledge of bookkeeping and accounting principles, practices, and standards.
  • Excellent attention to detail and good organizational skills.
  • Ability to manage multiple tasks and meet critical, regular, deadlines.
  • Strong communication and interpersonal skills.
  • General knowledge of GST & PAYG compliance requirements as well as knowledge of and experience with Single Touch Payroll (STP) reporting processes and obligations.
Your Journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
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