In respects of corporate insolvency, an accountant who assists the External Administrator (for example a Liquidator) to:

• Take legal & practical control of an insolvent company
• ​Communicate the effect of the Liquidator’s appointment with stakeholders, particularly creditors
• Secure, preserve and realise the (various) assets of the Company, including trading on a business when required
• Investigate the records of the Company, to identify and pursue legal claims available (to maximise funds for creditors)
• Report breaches of law to regulators
• Report outcome of realisations and investigations to creditors and hold creditors meetings
• Distribute funds to creditors, in accordance with the Corps Act
• Similar to a football umpire, the Liquidator (and the Liquidator’s staff) are in control of, and are accountable for, the liquidation process.

WHERE DO WE WORK?

• Australian corporate & insolvency law (Corps Act) means we are appointed to Australian incorporated companies
• Onsite attendance to understand and to control the Company’s assets and affairs (mostly metro, but also regional centres)
• Liaising with stakeholders regarding sale of Company’s assets, wherever that may be
• Liaising with Lawyers to assist with legal recoveries.
• Mostly in office, attending to most tasks, including investigations & reports to ASIC & creditors.

WHY WORK IN RESTRUCTURING & RECOVERY?

• A large range of professional skill acquired & required, keeps it interesting
• A large array of industries 
• Achieving the best outcome from a difficult situation
• Working in a team environment 

EXPECTATIONS:

• Ability to work calmly & professionally under stressful conditions
• Statutory timeframes often requires longer hours when needed​