What it does: One of the Big Four accounting & advisory firms
Staff stats: 244,000 globally with 600 partners and 6000 staff in Australia, PNG and Timor-Leste
The good bits: Lots of mentoring, supportive work culture
The not so good bits: Lots of pressure, demanding deadlines
Hiring grads with degrees in: Finance, Accounting, Economics & Business Administration
The Deloitte story
Deloitte Touche Tohmatsu, commonly known as Deloitte, is chiefly the result of the marriage of three British and American professional services firms and one Japanese one. William Deloitte opened an accountancy business in London in 1845 and survived long enough to open a New York office in 1880. In 1896 Charles Haskins and Elijah Sells opened the auditing firm Haskins & Sells in New York. In 1898, George Touche opened an accountancy firm in London and a couple of years later partnered with John Niven to open another office in New York. Japanese Navy admiral turned accountant Nobuzo Tohmatsu launched Tohmatsu Aoki & 1968. In 1975, this merged with the firm then known as Touche Ross. By 1989, the various iterations of the firms started by the aforementioned accountants had merged, as well as having absorbed a range of other professional services firms. Since the mid-1990s the network has been known as Deloitte Touche Tohmatsu.
Like its many of its competitors, Deloitte is a network of independent firms. These firms offer audit, consulting, financial and risk advisory and tax services to their clients. All these firms brand themselves as part of the Deloitte network and members of Deloitte Touche Tohmatsu Limited, a private company based in the UK. As of 2016, the Deloitte network covered over 150 countries and had annual revenues of around US$37 billion.
Deloitte believes maximising diversity and inclusion leads to improved business outcomes. Deloitte Australia has a female CEO, Cindy Hook. Along with senior partner and board member Margaret Dreyer, Hook has championed gender diversity at Deloitte Australia for many years. The ‘Inspiring Women’ program encourages female staff through talent identification, development, sponsorship and career opportunities. For 13 consecutive years, the business has been recognised as an Employer of Choice for gender equality. Deloitte Australia also has a LGBTI leadership forum and networking group called GLOBE. It coordinates activities, training and awareness sessions.
Deloitte Australia aims to “make an enduring economic, social and cultural contribution that helps to position Australia for prosperity and sustainability”. To further this end, it gave $18 million to not-for-profit organisations in 2016. Deloitte Australia also offers it services pro bono to certain community organisations. Once a year, on ‘Impact Day’, Deloitte Australia staff spend the day working for charities and community organisations. Since 2015, the Deloitte Foundation has been building relationships with community organisations, providing financial and other support to those caught in natural disasters and encouraging Deloitte Australia staff to donate time and money to worthy causes.
The recruitment process
Every year Deloitte Australia recruits “a large number of outstanding graduates… to inject new ideas and energy.” As might be expected, those with accounting, actuarial studies, economics, IT, law and maths degrees are welcome to apply. What is not so expected is that those from a range of other disciplines – arts, construction management, engineering, graphic/industrial/interior design, psychology and science are also considered.
There are two intakes, in March and July. The grad development program is called D.Academy. D.Academy runs an onboarding process that involves soft skills and technical training to prepare new hires for life at a professional services firm. Grads are then paired up with a buddy and coach to help them get up and running as soon possible. All those in the grad program receive mentoring, peer support and e-learning resources. Those in working in the relevant business units are also supported as they complete the Chartered Accountants Program or Masters of Tax. Once a year, there is an event called Breakthrough, where all those in the Deloitte Australia’s grad program are gathered together to celebrate their progress with their peers and network with partners from all business units.
Deloitte runs a variety of programs – Deloitte Private Young Achievers Program, Deloitte Development Program and Summer Vacation Program – for students at the start and nearing the end of their studies. While not required, it is certainly an advantage to have done one or all of these before applying to the grad program.
Whichever program someone is applying for, the process is much the same. First, there is an online application where you detail your academic qualifications and record, as well as supplying some information about your passions and extra-curricular activities. Then there is a brief online assessment, followed by a phone interview. After that, you’ll be invited to an assessment centre where you’ll undertake group activities and written exercises. You’ll also attend an information session and meet staff members. If you’re applying to work in certain business units, you may also have to do a case study assessment to test your numerical interpretation skills and situational analysis. The final stage is a behavioural-based interview with a partner in the business unit you are hoping to join.
Like other members of the Big Four, Deloitte Australia pays modest starting salaries and doesn’t commonly give those in the grad program bonuses. However, once you’ve finished the grad program your remuneration will be regularly reviewed against industry benchmarks. You’ll also be able to apply for local and overseas secondments and have your relocation costs covered if you’re successful. Other benefits include discounted insurance cover, a range of leave benefits including access to study leave, and discounts on technological devices, banking and finance products, vehicles and travel. There are also plenty of opportunities and support to undertake professional development as well as access to flexible working arrangements.
You can work in multiple business areas and several different countries at Deloitte. If you work hard and exhibit the appropriate technical and interpersonal skills you can expect to be regularly promoted.
The vibe of the place
Deloitte’s culture is based on “inclusion, collaboration, high performance and opportunity”. It’s also often described as “a playful culture with serious intent” which basically means you can expect to work and play hard.
Graduate Satisfaction Rating: 3.9 stars
From the employer:
"On gender equity:
As one of the few firms that is led by a female CEO, our commitment to supporting women in the workplace runs deep.
We’re determined to get our “unfair share of female talent”, and to create a workplace that helps women accelerate and thrive in their careers. That’s why we have initiatives like our long-standing Aspiring Women Program.
Aspiring Women Program
Run for over a decade, and previously known as Deloitte Business Woman of the Year, Aspiring Women is designed to help our talented female employees fast-track their leadership capabilities.
Every year we take 100 of Deloitte’s most talented women and help them lean into their careers and amplify their profiles.
As a part of the program, you get to:
- Reflect on your career so far, and develop a clear plan for your future ambitions
- Receive feedback and advice from your peers
- Gain validation and recognition for your achievements to date
- Get mentorship opportunities from Deloitte’s leadership team
- Build deeper networks throughout Deloitte
It’s initiatives like this that has seen us win the Australian HR Institute’s Gender Equity in the Workplace Award!
Our GBTI committee
At Deloitte we’re committed to building a culture of inclusivity for our people – one that’s built on respect and fairness, and allows you to bring your whole, unedited self to work.
We’ve created a workplace where everyone feels the psychological safety to be who they are, and know they will be accepted irrespective of their race, gender, sexual orientation or gender identity.
To continue to foster a firm-wide culture of inclusivity, we launched GLOBE: Deloitte’s gay, lesbian, bisexual, transgender, intersex (LGBTI) leadership forum and member community.
- Having our LGBTI role models share their stories at our bi-annual company meeting, State of the Nation
- Being a Gold Sponsor at the Pride in Practice Conference
- Creating the Outstanding 50 LGBTI Leaders List
Awards & Recognition
This deep commitment to inclusivity has seen us awarded with:
- The Michael Kirby AC LGBTI Inclusion Award from the Australian HR Institute
- Bronze Employer for the Annual Workplace Equality Index (AWEI)
- Cindy Hook awarded CEO of the Year by the Annual Workplace Equality Index (AWEI)
Our commitment to corporate social responsibility:
At Deloitte we’re a purpose-led company. When we talk about impact, it’s not just about helping our clients, but making a lasting and positive impact on our community and the world at large.
We’re motivated by a purpose that transcends profits, which is why we give our people the time, energy and opportunities to give back through initiatives such as our Deloitte Foundation, and our annual Impact Day.
Our commitment to making a true impact last year saw us:
- Provide $9.04 million worth of pro bono work in the financial year 2016-2017. Projects included developing the Luke Batty Foundation’s digital strategy, helping to commercialise a hand-operated rice planting machine in Cambodia and supporting the Invictus Games.
- Dedicate 77,197 hours to pro bono activity – the highest number of hours out of the Big 4 professional services firms.
- Named as a CSR Top 10 Organisation by the Australian Centre for Corporate Social Responsibility (ACCR) for the second year running.
When students ask us, ‘What’s different about Deloitte?’ we like to keep the answer simple: the impact we make.
As one of the largest professional services firms in the world, our services are as diverse as the graduates and interns we hire. From cyber security and tech innovation through to accounting and advisory, we’re looking ahead and building industries of the future.
But we can’t do that without you – today’s graduates and tomorrow’s leaders and trailblazers.
That’s why don’t just employ students, we nurture them.
From working with clients such as Fortune 500 companies, government agencies and not-for-profits to participating in hackathons, mentorships, and our award-winning graduate development program, D.Academy – Deloitte Grads and Summer Vacationers are given an enviable start.
But the best part about Deloitte? Working on projects that matter.
That’s what truly sets us apart. The belief that we’re only as good as the good we do, and the impact we make.
So, ask yourself, what impact will you make?
Whether you’re studying Software Engineering, Mathematics, Design or Business and Law, if you’re in the last year of your degree – you could be a Graduate at Deloitte.
We run one of the most awarded and highly-regarded Graduate programs in the country, and there’s no doubt that as a Deloitte Grad, you’ll get an enviable start to you career.
Why join us as a Grad
As a part of this program, you will:
- Get incredible support to develop your career through mentorships, pursue further study and participation in our award-winning Graduate training and development program, D.Academy
- Become a part of one of the largest cohorts of Graduates in Australia, so you’ll have other students to lean on and learn from!
- Join a company that embraces disruptive thinking and innovation – we were named 6th Most Innovative Company in Australia last year by the AFR!
- Get opportunities to travel interstate for work
Summer Vacationer Program
Whether you’re studying Software Engineering, Mathematics, Design or Business and Law, if you’re in the second last year of your degree – we’d absolutely love for you to join us as an intern (in the office we’ll fondly refer to you as a ‘Summer Vaccie’).
How it works
It’s an opportunity to get an idea of what it’s like to work at Deloitte, and whether we’re the right fit for you. As a part of this program, you will:
- Spend 3-8 weeks as a paid intern with one of our teams – expect to work on real client projects and to build up your skills
- Get assigned a Buddy and Career Coach to give you advice and support along the way
- Become a part of one of the largest cohorts of interns in Australia, so you’ll have other students to lean on and learn from!
- At the end of your internship, you could be offered a Graduate role with us – meaning you could finish your last year of uni knowing you’ve got a job lined up already.
Young Achievers Accounting Cadetship
Designed to give students industry experience alongside their studies, the program will nurture your technical skills as an Accountant in our Deloitte Private team, get you working on real client projects and set you up for success upon graduation.
Running in our Sydney, Melbourne and Perth offices, our cadetship will see you get:
- Hands-on experience working within our Deloitte Private team whilst you complete your studies
- Invaluable on-the-job training from our team of industry-leading experts
- Career mentoring and coaching
- Allowances for text books and union fees
- Bonuses for stellar results throughout your degree! "