11th April 2018
Wise & Co are delighted to announce that Jo Colwell has been made a Partner of the firm, effective immediately. News of her promotion was confirmed by Managing Partner Sharmini Woodings in recognition and reward for consistently outstanding work since her arrival in 2002.
Jo’s impact on the business and passion for supporting and mentoring staff has also played a considerable role in her rise over the last 15 years. After passing her CTA exams in 2005, she worked closely with Sharmini to launch the Corporate Tax Team, a key division that has continued to grow under her stewardship.
Known for her hard working ‘can do’ attitude, there have been other notable achievements over and above her day-to-day client work. One of which was introducing EMI shares schemes to the firm. The scheme aimed to incentivise employees to take shares in the company, based on the idea of ‘what works for them, works for us’ – that has helped create a greater feeling of teamwork, loyalty and retention across the business.
Her promotion announcement comes at a time when businesses across the UK are being challenged about gender pay and equality in the workplace. Whilst various reports have shown many industry sectors to be guilty of fast-tracking men on higher pay to more senior positions, Wise & Co continues to invest in and reward staff regardless of the current gender bias.
Jo will join Sharmini and Treena Turner on the board of seven Partners and her promotion reinforces Wise and Co’s longstanding policy of investing in home grown talent. Something the business is extremely proud of according to Sharmini:
“Since Jo’s arrival, she has continued to provide strong technical knowledge within tax and her ability to combine this with business planning advice – providing our clients’ with expert, yet easy to understand guidance – is what made us consider her for a Partner position.”
“As a multi-dimensional accountancy firm, we are always looking to attract, retain and reward the brightest talent which was evident when she qualified with us at 25 years old. Everyone is delighted at Jo’s promotion and we hope she will continue to play a key role in the success and diversity of our business in the future, she has been a great leader and inspiration to all of us.” Concluded Sharmini Woodings.
That inspiration and leadership has also dovetailed with the growth of the firm overall. Wise & Co possesses a large, diverse client base from a range of industry sectors, providing expert counsel across all aspects of accounting, wealth management, tax relief and auditing. Whilst many of these functions are expected by SME businesses’ it is the personal service and commercial mindset that ‘looks ahead’, that has become a core value of both the business and exemplified by Jo:
“I am delighted to have been made a Partner at Wise & Co and am looking forward to the new challenges and responsibilities it brings, both in terms of continuing to provide our clients with expert advice, but also guiding and supporting our talented team of junior accountants so they can progress too.”
“I love building on my own knowledge and taking on new things, there’s nothing we won’t have a go at! I feel very lucky in that I count the tax team here as family, we work not only together, but for each other. I’ve also felt lucky to have Sharmini’s guiding hand, she’s mentored me extremely well (as have the other partners) in tax and wider business; and the reason I’m here in no small part is due to their support – which is always constant.” Commented Jo Colwell.
That support and investment in our staff is destined to continue as another of Jo’s responsibilities will be introducing and overseeing a graduate programme within the Tax Department. In addition to this, the business is working on more sophisticated online accounting software, part of the Governments shift to ‘Making Tax Digital’, which will support the existing mobile app.
In a world that is becoming increasingly digital, there are still crucial values that will always remain at the heart of Wise & Co, which means putting client relationships and delivering expertise in a more personal ‘simple’ form of accountancy.