Carl Di Lorenzo and Matthew Cunneen and join RSM partnership

08 November 2021 Consultancy.com.au 2 min. read
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Carl Di Lorenzo and Matthew Cunneen have joined the partnership of RSM, bringing some 50 years of experience to the mid-tier accounting and consulting network.

A senior lecturer in taxation and business law at Curtin University, where he graduated with a Bachelor of Commerce in accounting and finance in 2002, Carl Di Lorenzo boasts close to two decades of experience in tax advisory. Commencing his career with five years spent at PwC, he then served for a stint with PKF before joining BDO as a tax manager in Perth in 2010, being admitted to the firm’s tax partnership seven years later.

“We are delighted to welcome Carl to RSM,” said Con Paoliello, RSM’s Perth Managing Partner. “Carl is highly regarded as being both technically astute and commercially savvy with experience in advising a broad range of clients on large and complex projects. In addition to servicing clients, we look forward to leveraging Carl’s leadership and mentoring skills as he develops our team and helps them also build fulfilling careers.”

Carl Di Lorenzo and Matthew Cunneen and join RSM partnership

Matthew Cunneen joins RSM's data & analytics team in Sydney after a period as the data management practice lead at Decision Inc. – formerly ABM Systems, which had merged with the IT consulting firm Satsumas that Cunneen founded at the turn of the century and ran for the following 18 years. Earlier, following a Bachelor in Business Information Technology at UNSW, Cunneen spent five years as an analyst programmer at Prudential Assurance.

Over the course of his thirty-year career, Cunnen has gained significant experience designing and developing leading technology solutions for international companies, the firm stated. “We are excited to welcome Matthew to RSM,” said Sydney Managing Partner, Anthony Smith. “Our clients are increasingly turning to us to identify ways to explore the potential of data that they are collecting in the digital environment that we operate in.”

Revenue Growth

Smith also has another reason to be excited, with RSM’s Audit and CFO advisory practice in Sydney achieving 14 percent growth over the past financial year – part of a bumper year for the firm. According to recent figures revealed by the Australian Financial Review, RSM clocked the fastest rate of growth among accounting competitors, jumping by double-digits to revenues of $243 million for the 2021 financial year while outpacing all of the Big Four.

Speaking with the business publication, RSM’s national chairman Jamie O’Rourke cited the current global and national mergers and acquisitions frenzy as among the chief reasons for the firm’s stellar results.

“Corporate finance was our strongest-performing unit, increasing 40 per cent,” O’Rourke said. “We experienced significant activity from private equity and inbound investment with close to 100 engagements on advice for transactions.”