Sector: Accounting & Finance

Financial services firms in Ireland are facing a SHORTAGE of accountants

It’s not often in the current climate that there’s a shortage of a particular skill-set in Ireland, but financial services firms are struggling to recruit sufficient numbers of accountants. In some ways you could say they only have themselves to blame – hundreds of newly qualified accountants were made redundant from Big Four firms in [...]

erica_skelly

GUEST COMMENT: Irish candidates are realising the benefits of contracting

If there’s one thing that the latest iteration of the financial crisis has bred in Irish candidates looking for their next career move, it’s a willingness to take risks, and this is manifesting itself in a new-found desire for contract positions. Permanent positions do exist, but they’re becoming a minority. Long sign off periods, official [...]

Documenting Ireland’s brain drain

Ireland is losing talent; at a rate of around 1,000 people every week to be exact. Financial services professionals are among those seeking pastures new amid a dearth of opportunities locally and, if you’re one of the throngs of emigrating Irish, there’s a new chance to express your anger about the country’s situation on the [...]

GUEST COMMENT: Counter-offers are driving up Irish accountants’ salaries

After a difficult couple of years for accountants in Ireland, 2011 is already shaping up to be stronger. More firms are recruiting, but – perhaps more significantly – employers are much more willing to put their hands in their pocket to keep hold of good people. Our research shows that currently 22% of accountants securing [...]

Could you cut it as a Central Bank enforcer?

As the Central Bank of Ireland continues to bare its teeth in an attempt to restore credibility to the country’s financial sector, new jobs are being created. Over the course of this year, it plans hire 75 professionals for a new, harder-line enforcement division. The new so-called Enforcement Directorate will have greater clout when it [...]

GUEST COMMENT: EU intervention will spur a renewed appetite to hire within international companies in Ireland

As the world casts an acerbic eye on Ireland’s banking crisis this week, and the IMF and EU officials parachute into town to strike an imminent deal for a bailout, it looks like the tide of uncertainty will force the finance minister’s hand. While much of the focus has understandably focused on the impact on [...]

UK recruiters looking to tap Irish accountants

Immigration caps in the UK, combined with skills-shortages in certain areas within the City, means that recruiters are increasingly trying to lure Irish accountants to more lucrative jobs in London and Europe. The fact that Ireland’s accountants are being recruited for roles in the UK is nothing new. But, as the City struggles with both [...]

It’s beginning to look up for junior accountants in Ireland

In another sign that the torrid couple of years for junior accountants in Ireland is beginning to subside, banks are recruiting Big Four escapees. Let’s not forget that it was only last year that hundreds of newly-qualified accountants were released by Big Four firms in Ireland as firms were forced to cut their cloth. Since [...]

GUEST COMMENT: Why newly qualified accountants have no reason to leave Ireland

It’s safe to say that newly-qualified accountants have had a rough ride in Ireland over the last 12 months. With redundancies rife and job opportunities thin on the ground, increasing numbers have taken the decision to hop over the Irish Sea and look for a new position in the UK. However, there have been reasons [...]

Ireland as a centre for Islamic finance (seriously)

It’s a tad ironic, perhaps, that a nation with one of the proportionately largest Roman Catholic populations in the world is turning to Islamic finance for new opportunities. Are Ireland’s ambitions realistic, and what jobs are likely to be created if it succeeds? Any new jobs are still a way off, but the Irish government [...]