What it does: Financial services
Staff stats: 3,000
The good bits: Dynamic environment
The not so good bits: Long hours
The Findex story
What was then called Financial Index was launched by two brothers – Spiro and Terry Paule – in Melbourne in 1987. The Paules created their business with the dream of providing clients with “an index of financial services under one roof,” which could help clients reach their financial and lifestyle goals.
Despite launching in the year the stock market experienced its worst crash since 1929, the business grew strongly from the outset, with a focussed mergers and acquisitions growth strategy.
In 2008, Findex was seen to have truly arrived as a major player in the market, when Macquarie Bank took an equity stake in the business. In 2014 Findex acquired wealth-management heavy hitter, Centric Wealth. This resulted in Findex becoming Australia’s largest, privately owned financial services provider. In the next year, Findex acquired the Australian and New Zealand offices of Crowe Horwath, one of the world’s largest accounting networks. This acquisition made Findex the largest privately owned accounting firm in Australia, and number five after “the big four” financial services providers.
At the time of writing, Findex has more than 250,000 clients, has in excess of $17 billion in funds under advice and has 110 offices across Australia and New Zealand. It offers its clients a holistic suite of financial services relevant to each stage of their financial journey
Findex provides the following business services:
- Business advisory
- General insurance
- Management consulting
- Risk insurance
- Self-Managed Superfunds
- Specialist services
- Wealth management
Findex remains headquartered in Melbourne. In 2018 it had revenue of $364 million. Terry Paule is now Findex’s Chairman, and Spiro Paule is Managing Director and Chief Executive Officer.
Findex doesn’t appear to have an official diversity and inclusion policy. All its board members and C-Suite executives are male. But it was started by two Greek-Australians and appears to be a meritocracy where staff are judged on their performance.
In 2018 Findex launched the Findex Community Fund (FCF). FCF partners with charities across Australia and New Zealand and focuses on programs revolving around health, education and entrepreneurship.
In Australia, FCF has partnered with Royal Far West, Yalari, Beacon, Ronald McDonald House Charities, the Foundation for Rural & Regional Renewal and the Country Education Foundation of Australia.
The recruitment process
Findex offers both a trainee and vacation program to university students. While not required, it’s helpful to do one or both of these while studying if you aspire to a graduate role.
To be eligible to apply to the graduate program you’ll need a degree in accounting, business administration, commerce, commerce-law, economics or finance. Aspiring financial planners need to be studying or have completed “an approved degree as per the FASEA Relevant Providers Degrees, Qualifications and Courses Guideline”.
Candidates are expected to be ambitious, passionate and keen to innovate “to solve the ever-changing business challenges of [Findex’s] clients”.
Findex offers grad roles in the following service lines:
- Audit and assurance
- Business advisory
- Financial planning
- Self-Managed Super Funds
- Tax advisory
To apply, you’ll need to go to the careers page of the Findex website, identify a relevant grad position then upload a cover letter, CV and academic transcript. If you make the cut, the following stages of the recruitment process involve completing a phone interview, attending an interview or networking evening and undertaking psychometric profiling. You may or may not be required to do a second- round interview. If you make it through all that and your references check out, you should receive an offer.
Findex provides a one-year grad program. Grads are “supported and given the tools to grow a successful career in [their] chosen business stream”. They are “provided with the necessary soft skills, technical knowledge and professional requirements to succeed”. Like all Findex staff, grads can access the Findex Academy. This is a specialised, multifaceted and innovative learning curriculum designed to help employees grow and achieve at every stage of their career.
Findex doesn’t disclose much remuneration information but it appears it pays staff around the industry average. Employee benefits include paid professional memberships and study support for those undertaking CA/CPA programs. There is also a ‘Findex Rewards’ scheme that provides cash-back discounts on a range of goods and services.
Findex has grown from a two-man operation to a finance-industry behemoth in the space of three decades, so there are plenty of opportunities for hard-working, entrepreneurial types to advance rapidly.
That noted, Findex recognises not everyone wants to make partner. It “offers career options and development opportunities that fit with your own personal goals, supporting you every step of the way… through a combination of innovative learning approaches, on-the-job coaching and offering experience that allow you to grow your skills and push your limits”.
The vibe of the place
Findex is still helmed by the two men who started it. They have been at pains to maintain a strong corporate culture even as Findex has swallowed many other firms. Findex’s culture remains based on the “key pillars” of communication, collaboration, consistency and innovation. To thrive at Findex, you’ll need to be a good listener and effective communicator, as well as a team player. You’ll also need to be a consistent performer who is willing to experiment with new approaches.
Star Rating: Not available
From the Employer
Findex is Australasia’s leading provider of integrated financial advisory and accounting services.
With a vision to ‘revolutionise wealth and empower ambition’, Findex delivers comprehensive advice across the full spectrum of financial services.
At the cornerstone of this approach are four prominent and embedded beliefs; relationships and technology, holistic advice, continuous evolution, and a one best way process. It is an amalgamation of these beliefs which has positioned Findex as the pre-eminent, privately owned thought leader in the financial advisory and accountancy space.
The breadth of offering under the Findex banner is fully diversified and ‘best of breed’, providing solutions across the entire financial services market, through brands including Crowe Horwath Australasia, Centric Wealth, Prescott Securities, CIVIC Financial Planning, MBP Advisory, Financial Index Wealth Accountants, MOVO Online Financial Advice, and Pinnacle Same Day Tax Refunds.
At Findex we are committed to our employees. We offer development programs, further education, and exciting career progression opportunities, in addition to a thriving social culture that includes monthly activities and events.
So, are you ready to join one of Australia’s leading financial service firms?
Looking for a one of a kind career pathway with the opportunity to grow in a diverse company?
We offer our Graduates a structured 1-year program, where you’ll be supported and given the tools to grow a successful career in your chosen business stream.
Partaking in our Trainee Program in your first, second or third year of University is a great way to kick-start your career before graduating and get paid for doing so. As part of our Trainee Program you will be offered part-time work around your university timetable, giving you the opportunity to gain experience to the world of Accounting.
A 4-week program, where you’ll be exposed to the work of our first-year Graduates, supporting you making an informed career decision prior to graduation.
Culture as a priority
Developing and maintaining a strong culture is a vital ingredient in our success and growth. As we continue to launch, acquire and scale businesses into different market segments, upholding a core set of key behaviours will enable us to continue to be successful, together.
At Findex we are committed to four key pillars.
At Findex we have a strong commitment to learning and development, we will ensure you are provided with the necessary soft skills, technical knowledge and professional requirements to succeed. The Findex Academy is a specialised, multifaceted and innovative learning curriculum designed to help you grow and achieve at every stage of your career.
Findex Community Fund
We actively engage with numerous communities across Australia and New Zealand, with the goal of matching our charitable reach with our geographical reach."