Company: KPMG

Job creation bonus as Ireland begins to lure hedge funds

Since laws simplifying the process for redomiciliation came into operation earlier this month, hedge funds are queuing up to come to Ireland. The upshot of this is extra work for support services to the industry, which is likely to create jobs going forward. The Companies (Miscellaneous Provisions) Act 2009, aimed at making it simpler for [...]

Irish Nationwide still hiring in wake of €2.5bn loss

Proportionately, Irish Nationwide Building Society’s exposure to the commercial property sector is as big as Anglo’s. It’s also just reported a loss of nearly €2.5bn for 2009. Yet it is still looking to hire. The firm’s gargantuan losses are down to setting aside €2.8bn for loan losses, resulting from a period of reckless lending orchestrated [...]

The drip drip approach to financial services redundancies

It seems there might be some slightly underhand tactics being practiced by financial firms in Ireland over redundancies, which means they are largely go unnoticed. RBS and KPMG have made some high profile jobs cuts, but when the numbers are significantly smaller they largely slip under the radar. “We’re hearing from candidates that they are [...]

There is no need for bankers and accountants to apply to McDonalds

Official figures indicate that there were just 380 redundancies within the banking, finance and insurance sectors in Ireland since the beginning of this year, so why are people applying for a job in McDonalds? Statistics from the Department of Enterprise, Trade and Employment suggest things aren’t that bad in the financial sector, with just 151 [...]

Bad times for Big Four accountants

Things aren’t looking so great for employees at the Big Four accountancy firms in Ireland. After KPMG’s revelation that it would not be extending the contracts of qualifying trainees this year, PricewaterhouseCoopers has now announced a 10% cut in salaries for the majority of its staff. Not surprisingly, a lot of them are exploring other [...]

Poles looking homeward for financial job opportunities

They’re well-qualified, desperate for work experience and have helped to shore up the skills-shortage in Ireland’s financial services industry for a couple of years now, but now it seems Polish workers want to go home . They’ll be taking a hefty pay cut though. Around this time last year, we reported that a number of [...]

Big Four firms keen to grab graduates

Graduate opportunities at Irish banks might be drying up, but the Big Four accountancy firms are recruiting for 2009 with the same fervour as last year. And competition for places is heating up. There’s a distinctly frosty feel to graduate recruitment at Ireland’s two biggest banks. Allied Irish Bank has cancelled its scheme entirely this [...]

Best financial services firms to work for

Want to arrive at work on a Monday with a spring in your step and a smile on your line-less face? Best work for one of the Big Four accountancy firms then, apparently. Well, make that Big Three, as Ernst & Young was the only one of the quartet not to feature on the list [...]

Aviation financing jobs take off

Massive expansion in the aviation financing industry is fuelling recruitment, and demand for talent is outstripping supply. New players, such as Swedish group Volito Aviation, set up in Ireland last year, while existing players like Genesis Lease Limited are looking to up numbers of staff. Meanwhile, industry mainstays such as CIT Aerospace, RBS Aviation, AWAS [...]

Management consultants seek finance talent (must have GSOH)

Ireland’s management consultancy firms have started wooing the country’s small pool of finance talent. They could have a battle on their hands. Accenture is hiring. So are Deloitte, KPMG and PricewaterhouseCoopers. Unsurprisingly, Gavin Maxwell, senior manager at Accenture, says Dublin is a candidate-driven market (ie, there are more jobs than candidates). “New job opportunities are [...]

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