Tim Gumbleton FCA

Director - Mid-North Coast NSW

Tim is a Director in the Restructuring & Recovery division at RSM, serving Regional NSW and Victoria.

With three decades of experience, he has developed a reputation as a trusted expert guiding businesses and organisations through financial distress, governance challenges and restructuring.

His extensive background spans corporate and personal insolvency, dispute resolution, financial management, and strategic advisory services, making him a sought-after advisor for a diverse range of clients, including government agencies, not-for-profit organisations, Indigenous businesses, agribusinesses, registered clubs, and middle-market SMEs.

Mobile Service Locations:
Albury/Wodonga, Alice Springs, Bendigo, Broken Hill, Coffs Harbour, Dubbo, Griffith, Hunter/New England, Lismore, Mildura, Newcastle, Northern NSW, Orange/Bathurst, Port Macquarie, Shepparton, Sydney, Tamworth/Armidale, Wagga Wagga, and Western Sydney.

Tim has a proven track record of delivering innovative and practical solutions to complex financial and governance issues. One of his most notable appointments was as the Investigator and Administrator of a significant not-for-profit Indigenous organisation in Western Sydney, which is one of the region’s largest landholders. His role was to safeguard the organisation’s long-term viability, implement a strategic action plan, and restructure its governance framework to ensure sustainable leadership for the future.

In another high-profile engagement, Tim was appointed as the Administrator of a large regional club facing insolvency. Taking charge of daily operations, he developed a remedial action plan and worked closely with stakeholders, including community groups and local councils, to secure the club’s financial future. His expertise in restructuring and stakeholder engagement ensured the club could resolve creditor claims and continue to serve its members and the broader community.

"I thrive on finding practical solutions to complex financial challenges, helping businesses and organisations navigate uncertainty and emerge stronger for the future."

Tim’s expertise includes NFP support, amalgamations and wind ups, organisational reviews, remedial action plans, corporate and personal insolvency (liquidations, bankruptcy, voluntary administrations), solvent/tax effective liquidations (Members’ voluntary liquidation), small business restructuring, crisis management and dispute resolution. He has acted in court-appointed trustee roles for deceased estates, shareholder disputes, and property matters, including special administrations and examinations under the Corporations (Aboriginal and Torres Strait Islander) Act 2006. His work also extends to strategic outsourcing, virtual CEO and CFO roles, funds administration, forensic accounting, and due diligence assessments.

Known for his independent and pragmatic approach, Tim excels at resolving disputes, managing sensitive financial issues and identifying business improvement strategies that drive lasting success.

Tim’s leadership extends beyond client engagements. He was appointed Chairperson of the Wagga Wagga City Council Audit, Risk, and Improvement Committee and as the Country Chair of the Riverina and Southern Tablelands for Chartered Accountants Australia and New Zealand (CAANZ), both career highlights.

Additionally, he initiated RSM’s Port Macquarie office, expanding the firm’s presence on the Mid North Coast of NSW and enhancing service delivery in the region. His problem-solving skills are best demonstrated by the real-world impact he has made for businesses in distress. In a recent case, a financially viable business sought his guidance when the Australian Taxation Office initiated enforcement action. Recognising the urgency of the situation, Tim urgently developed and implemented a tailored small business restructuring plan, securing a resolution that allowed the business to continue operating without jeopardising the owner’s personal finances. His ability to act decisively and strategically in high-pressure situations provides invaluable peace of mind to his clients.

Tim thrives on the dynamic nature of his role. Every day presents new challenges that require innovative solutions to help his clients navigate complex business and financial difficulties. The urgency of insolvency and restructuring work drives his motivation, as does the relief his clients experience when he successfully implements strategies their financial position.

Clients trust Tim for his depth of experience, strategic thinking, and ability to deliver practical, results-driven solutions. Whether working with businesses in distress, navigating governance challenges, or implementing financial turnaround strategies, he provides the expertise and guidance needed to achieve long-term stability and success.

Beyond his professional responsibilities, Tim applies his analytical and decision-making skills to his passion for sports. He is a cricket umpire and a rugby league referee, roles that reflect his ability to operate with integrity under pressure independently, make strong decisions and manage difficult situations. He also enjoys golf, tennis, basketball and fantasy sports.

SOLUTIONS TIM PROVIDES

Organisational reviews and developing remedial action plans
Corporate and Personal Insolvency including both voluntary (debtor initiated) and creditor initiated appointments such as liquidations, voluntary administrations, and receiverships
Amalgamations and associated transition plans
Special Administrations under the CATSI Act
Funds Administration and Grant Controller roles
Capacity building, including restructuring organisations and implementing new governance models
Investigations, examinations, fraud and forensic accounting
Bankruptcy services and support
Mentoring, business plans, and due diligence
Restructuring and Turnaround Services

SIGNIFICANT PROJECTS

Tim has worked extensively throughout Australia across a wide range of sectors, including helping clients in metropolitan, regional, and exceptionally remote areas. This has included Cape York, North Queensland, Western Australia, Victoria, and smaller communities within New South Wales.

One major project was with a Government Department to restructure and turnaround an Indigenous Health Service in a remote Indigenous community in Cape York (QLD). This project period was in excess of 12 months and culminated in the restoration of Government funding, sound operations, and strong governance. Tim spent weeks at a time in the community and had the opportunity to participate in community activities including touch football and Christmas celebrations.

PROFESSIONAL ASSOCIATIONS

Fellow, Chartered Accountants Australia and New Zealand
NSW ILGA Recognised Insolvency Practitioner
Member, Australian Restructuring Insolvency and Turnaround Association
Chairperson and Independent Member of Wagga Wagga City Council’s Audit and Risk Committee 2012-2017
CA Country Chair Riverina 2009-2014
Member, Personal Insolvency Professionals Association (PIPA)
Director, Wagga RSL Club Limited 2017-2019
Director and Treasurer of the Wagga Wagga Business Chamber 2009-2011