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Rise Group is a property development and construction company with a strong background in delivering high-quality projects across New South Wales and Queensland.
Formed in 2007, they pride themselves on their quality, architecturally designed and sustainable housing, in prime locations at affordable prices.
With their head office in North Sydney, their primary focus is now on delivering projects within the greater western Sydney region with a multitude of developments currently underway and coming soon. They also have a growing presence in Brisbane.
THE CHALLENGE:
Rise Group were looking for an accounting partner that could grow with them, had specialist expertise in the property and construction industry and a global presence with offices in a variety of countries outside Australia.
The relocation of their head office from Brisbane to Sydney, as a result of recent expansion, provided the perfect opportunity to search for an accounting firm that ticked these boxes. The opportunity to re-structure, expand and grow, coupled with RSM’s knowledge, capability and experience enabled Rise to transition through this period with ease.
Lara White, the CFO of Rise Group, has been with the company for over four years and is the lead point of contact for RSM.
“We were expanding and looking for an accounting partner that could grow with us and was scalable in their solutions. RSM was recommended by a mutual connection as a company that would tick all of the boxes and we have been with them since the end of 2016.”
THE EXPERIENCE:
The open communication between the Rise and RSM teams has been integral to achieving positive outcomes.
“RSM understands our business strategy and the advice and solutions they provide are always aligned to this and take into consideration the long-term objectives and implications. Their industry knowledge is very strong and this is always reflected in the discussions and solutions they provide.
They are always available to discuss our business (even the small stuff) and their responses are timely and well considered. In addition, whilst our requirements often crossover a number of RSM divisions (ie tax, digital, business advisory), we always have a single point of contact who ensures the discussion takes place internally so we don’t have to have it multiple times.”
RSM’s Partner and senior adviser to property and construction companies, Adam Crowley adds that Rise’ vision for growth was clear from the start.
“When we first met with Lara and the team at Rise it was clear that they had big goals for the business.
They are ambitious, highly motivated, and committed to their successful growth and expansion. Like many businesses experiencing rapid growth, it was clear that Rise was going to outgrow their existing structure. We worked closely with their team to implement a structure that provided them with everything they needed to move forward with confidence.”
THE FUTURE:
In addition to maintaining their consistent, stable growth in a challenging market, Rise Group has recently launched a new product line under Rise Products that has received positive feedback from the industry, an exciting time for the company.
RSM’s strategic alignment with Rise’s goals and objectives provides the required confidence going forward that the taxation, business advisory and accounting solutions they are implementing will support their future growth and expansion plans.
Lara says a strong, collaborative and supportive relationship has been key to achieving many milestones.
“RSM understands our business, our goals and where we want to be in three to five years. They are forward-thinking and have a strong vision.
This is very important to us as it helps take away the stress internally and allows us to focus on our core business. They are collaborative internally across divisions as well as externally with our partners, and this enables them to deliver scalable solutions that are applicable across the various aspects of our business.”
