EY to hire 80 new people over the next 6 months
- EY create 80 new executive hire roles
- Over 160 graduates roles available in 2014 – up 40% since 2011
- McKerr calls for Irish migrants to seek opportunities on home soil
- Over 20% growth in the last three years
EY, one of Ireland’s fastest growing professional services firms announced the creation of 80 new jobs across its Dublin, Cork, Limerick, Waterford and Belfast offices over the next six months. This is as a result of significant client wins coupled with growing demand for its Assurance, Advisory, Tax and Transaction Services. In addition to this jobs announcement, EY are offering over 160 graduate positions for their 2014 intake up 40% since 2011.
EY has experienced sustained growth over the last three years, increasing revenue by over 20%, with almost half of this coming in FY13. The hiring is across a spectrum of roles ranging from qualified accountants and senior executives as well as a number of key roles in the Financial Accounting Advisory and Fraud Investigations and Dispute Services.
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said: "Employment is this Government's top priority, and since February 2012 when we launched and started implementing our Action Plan for Jobs we have seen more than 30,000 extra jobs created. Today's announcement that EY is creating an additional 80 jobs over the next six months is a further boost, and their recruitment campaign targeting Irish people living abroad is a strong sign of the progress we are making. I am determined to ensure that, with the proper supports from Government, we can see many more investments like this over the coming months and years".
Already employing over 1260 people across the island of Ireland, EY has further plans to expand its all island operations over the next 12 months in order to meet ambitious growth plans it has set out as part of its new global strategy. The firm is hoping to fill 40 of these skilled positions this side of Christmas for its Assurance (audit) practice. These roles are to support domestic and international clients, particularly those expanding their global shared services centres of excellence based in Ireland.
With signs that a nascent recovery is beginning to take hold in Ireland, Mike McKerr, Managing Partner at EY Ireland commented: “We anticipate a tough operating environment for the foreseeable future – however, having grown our numbers employed on the island by 18% over the last two years, we remain determined to create jobs and invest in talent which is vital to the sustained success of our business and a direct contribution to Ireland’s recovery”
He continued: “We aim to attract local talent but we are also reaching out to those who have emigrated to Australia, America, South Africa and beyond to ‘come home’ and build a future with EY. We have already commenced a targeted recruitment campaign in these locations”.
The firm is also seeking consultants for its growing Advisory team, to support increasing demand for services such as cost reduction, risk, change management and IT transformation projects. Since the arrival of Partner, Frank O’Dea to lead the Performance Improvement (PI) team, EY has been appointed to some of Ireland’s most strategic consulting assignments spanning both the public and private sector.
The firm’s global structure means that it can provide advice and assistance to Irish exporters, multinationals and entrepreneurs alike, wherever they need it. McKerr points out “the firm is winning and investing in all the major markets in which EY operates across the island of Ireland”.
EY is also seeking candidates to join its Transaction Advisory practice. McKerr commented: “We have invested heavily in this area over the last 24 months. We anticipate growth in transaction services as there is an on-going demand for corporate recovery services, now supported by the re-emergence of a more normal transactions market which demands advice from our transaction support, valuations and business modelling, and M&A teams.
McKerr concludes: “We have a responsibility to create opportunities for young people in our profession in order to reverse the recent migration and ensure sufficient talent exists to meet future market demand. In the last four years we have increased our graduate recruitment numbers by 40% to over 160 positions on offer for FY14.
We continue to produce excellent graduates from third level education and are delighted to be able offer more opportunities for them to build careers in Ireland”.