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Associate / Senior Associate – Insolvency

KPMG is one of the most trusted and respected global professional services firms. Through depth of expertise, clarity of insight and strength of purpose we help our clients solve complex challenges, steer change, strengthen, transition and grow. We are looking for talented people who share our purpose of inspiring confidence and empowering change for our clients, our people and our communities.

 

KPMG’s Deal Advisory practice is a significant supplier of financial advice, across its lines of business - Mergers & Acquisitions, Valuations, Infrastructure & Projects, Restructuring, Transaction Services and Debt Advisory Services. Our associates combine commercial acumen with extensive knowledge of businesses and sectors to provide clients with a service which adds recognised value. Deal Advisory provides an exciting and engaging environment to develop yourself as an investment professional.


The opportunity:
  • As part of the Deal Advisory team, this role is responsible for delivering high quality work on insolvency engagements within the restructuring and insolvency team.


Day to day you will:
  • Interpret and analyse company information (financial statements, bank statements, management accounts etc.).
  • Draft advice and correspondence based on analysis of company information.
  • Liaise directly with key company stakeholders (directors, employees, creditors, debtors, banks).
  • Interpret, research and apply relevant legislation.
  • Identify remedies and initiate claims under relevant insolvency legislation.
  • Facilitate the recovery and realisation of company assets.
  • Develop an understanding of businesses (e.g. issues they face, markets they operate in).
  • Develop appropriate links and networks externally and within KPMG locally and nationally to build a peer support network.
  • Produce clear and well-presented documents and reports.


What you'll bring to our team:
  • At least 1 to 3 years of relevant practical insolvency experience, experience in accounting or law for a professional or government organisation.
  • A relevant tertiary qualification.
  • Proficiency in Microsoft Word, Excel, PowerPoint and Outlook.
  • An understanding of, and interest in the commercial environment.
  • Ability to be flexible and adaptable within a team environment.
  • Excellent written and verbal communication.
  • A high level of professionalism.
  • Organisational skills and dependability.
  • A high level of self-motivation, energy and drive.
  • Excellent problem solving abilities.


Recruitment Agencies: The recruitment for this role is being managed directly by the KPMG Talent Acquisition team. We will contact our preferred agency partners if we require agency assistance. Thank you for your understanding.


Life at KPMG


KPMG values diversity in the workforce and we encourage candidates from diverse backgrounds to apply for roles, including individuals with a disability, additional mental health needs, chronic health conditions or who identify as neurodivergent. 


For disabled and neurodiverse candidates, if you encounter accessibility barriers or if you have access needs and require support to participate equitably in the recruitment process, please phone Enya van Dulm on 04 816 4660 or email KPMGAccessibilityNetwork@kpmg.co.nz


We offer rewarding careers to talented individuals and a range of benefits to help provide holistic support for your work life, whatever your circumstance. As a KPMG employee, we will offer you:

—   Hybrid Working – a mix of working in the office and at home to enhance your work/life balance

—   Flexible leave options, including the ability to purchase additional annual leave

—   Access to ‘Whanau@KPMG’ – 18 weeks’ paid flexible leave for all new parents - primary and secondary carers

—   Unlimited access to LinkedIn Learning, with bespoke learning pathways for all employees.

—   Discounts on a range of lifestyle goods and services.

—   Opportunity to join any of our Inclusion, Diversity and Equity networks as a participant and ally.

—   Opportunity to join our Social club and enjoy activities such as cooking classes, painting, quiz nights and more.

 

We believe that diversity of background and experience strengthens relationships and delivers meaningful benefits to our people, clients and communities. Our goal is to be recognised as an employer of choice for all, irrespective of gender, ethnicity, generation, flexible work status, family circumstances, sexual orientation or disability. Further info can be found on our website.


We are a 2024 Circle Back Initiative Employer – we commit to respond to every applicant.

Average salary estimate

$75000 / YEARLY (est.)
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$90000K

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What You Should Know About Associate / Senior Associate – Insolvency, KPMG New Zealand

If you're looking to advance your career as an Associate or Senior Associate in Insolvency, KPMG in Auckland is the place for you! We pride ourselves on being a trusted professional services firm that empowers change and inspires confidence in what we do. As part of our Deal Advisory practice, you'll dive into a dynamic environment where you can harness your analytical skills and commercial acumen to provide valuable insights and solutions to our clients. In this role, your day will involve interpreting and analyzing various company financials, including statements and accounts, while directly liaising with stakeholders, such as directors, employees, and creditors. You’ll also be essential in identifying remedies under relevant insolvency regulations, facilitating asset recovery, and producing clear and professional reports. Your hands-on experience in insolvency, combined with your understanding of the commercial landscape, will be key as you develop valuable networks internally and externally within KPMG. We’re looking for someone with 1 to 3 years of relevant experience, a tertiary qualification, and top-notch communication skills. If you're driven, adaptable, and ready to take on challenges in a supportive environment, then KPMG is excited to welcome you aboard!

Frequently Asked Questions (FAQs) for Associate / Senior Associate – Insolvency Role at KPMG New Zealand
What does an Associate/Senior Associate - Insolvency do at KPMG?

As an Associate or Senior Associate in Insolvency at KPMG, you'll be responsible for delivering high-quality work on insolvency engagements. This includes analyzing financial statements, drafting advice based on your analyses, and working with key stakeholders to facilitate asset recovery and ensure compliance with insolvency legislation.

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What qualifications are needed for an Associate/Senior Associate position at KPMG?

KPMG requires candidates for the Associate/Senior Associate role in Insolvency to have a relevant tertiary qualification and at least 1 to 3 years of practical experience in insolvency. Skills in Microsoft Office tools and excellent communication capabilities are also crucial.

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What opportunities for professional growth does KPMG offer an Associate/Senior Associate in Insolvency?

At KPMG, Associates and Senior Associates in Insolvency are encouraged to develop their skills in a fast-paced environment. You'll have access to bespoke learning pathways and resources like LinkedIn Learning to enhance your professional growth.

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How does KPMG support work-life balance for Associates/Senior Associates?

KPMG promotes a healthy work-life balance through hybrid working options and flexible leave policies, ensuring that our Associates and Senior Associates can manage their professional commitments while having time for personal interests and family.

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What kind of projects would I work on as an Associate/Senior Associate in Insolvency at KPMG?

In your role as an Associate or Senior Associate in Insolvency at KPMG, you’ll work on a range of projects, including analyzing distressed companies, assisting with restructuring processes, and facilitating the recovery of company assets, all in collaboration with various stakeholders.

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Is teamwork important in the Associate/Senior Associate position at KPMG?

Absolutely! Teamwork is vital for success at KPMG. As an Associate/Senior Associate in Insolvency, you'll collaborate closely with colleagues across the Deal Advisory practice, fostering a supportive and dynamic work environment.

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What is KPMG's approach to diversity and inclusion for Associates/Senior Associates?

KPMG values diversity and inclusion highly. As an Associate/Senior Associate in Insolvency, you will be part of an inclusive work culture that celebrates differences and promotes equal opportunities, ensuring all employees feel welcomed and valued.

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Common Interview Questions for Associate / Senior Associate – Insolvency
Can you explain your experience with insolvency processes?

When answering this question, detail your practical experience in insolvency. Discuss specific cases you've dealt with and articulate your role in analyzing financial statements and liaising with stakeholders.

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How do you approach analyzing a company's financial situation?

Share your methodology when taking on financial analyses. Discuss the tools and frameworks you use, and emphasize the importance of detail and accuracy in assessing financial health.

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What legislation is most relevant in the field of insolvency?

Highlight your knowledge of relevant insolvency legislation, such as the Companies Act. Discuss your approach to interpreting laws and how they impact insolvency processes.

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How do you manage communication with stakeholders during a challenging insolvency process?

Describe your strategy for maintaining open and honest communication with various stakeholders. Discuss situational awareness and sensitivity in negotiation and information sharing.

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What strategies do you use to identify remedies under insolvency legislation?

Explain your analytical approach to identifying potential remedies, using specific examples to demonstrate your thought process and decision-making criteria.

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What skills do you think are essential for an Associate/Senior Associate in Insolvency?

Discuss skills such as analytical abilities, communication, problem-solving, and adaptability. Provide examples from your experience that showcase these skills in action.

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Describe a challenging situation you faced in a past insolvency case.

Share a specific challenge, how you approached it, and the outcome. Emphasize your problem-solving skills and ability to work under pressure.

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How do you stay updated on changes in insolvency legislation?

Explain your methods for keeping abreast of changes, such as attending workshops, reading relevant publications, and joining professional networks, showcasing your commitment to continuous learning.

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What role do you believe commercial awareness plays in insolvency?

Illustrate how understanding the broader commercial context informs your decisions and advice in insolvency cases. Give an example of how this awareness benefitted a prior engagement.

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Explain a time when you constructed a report for stakeholders. What was your approach?

Walk the interviewer through your process of assembling a report, highlighting your attention to detail, structure, and how you tailored the content to each stakeholder's needs.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
November 29, 2024

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