This image will be used for the homepage and the disciplines page
COO/General Manager – Cork Working for an expanding Nutrition/Food Science Co...Apply
€70,000 - 80,000
I currently have a Senior Finance Manager role with a large multi-national ba...Apply
€50,000 - 65,000
I have 5-6 positions available and as well as having the experience outlined ...Apply
Description and Responsibilities Review & consolidate year end files as part ...Apply
Job title: Credit and Collections Analyst Reporting into: Credit and Collecti...Apply
€55,000 - 60,000
FinTech Start Up – Finance Business Partner-Analysis-60k -South Dublin Our Cl...Apply
Dublin City Centre
This exciting job will work closely with one of our top senior recruiters and...Apply
€55,000 - 65,000
My client based in the D4 currently have a permanent position available for a...Apply
€30,000 - 40,000
My client based in the IFSC have a number of positions available for Assistan...Apply
€55,000 - 65,000
My client within the financial services sector currently have a requirement f...Apply
€55,000 - 65,000
• Qualified Accountant – Asset Management – D2 – 18 Month Contract 50-60k (de...Apply
€35,000 - 60,000
My client a multi-national based in South Dublin currently have requirements ...Apply
Broadly the global economic performance and Ireland’s position are positive for the rest of 2018. With unemployment at 6.1%, two points lower than the European average (8.6%) and trending closer to 5%, continued inward and indigenous investment along with low inflation, all signals point towards continued, sustainable improvement. Last year we suggested the real impacts of Brexit and the Trump administration may yet to be seen, and this may well still be the case. Ireland has been resilient throughout ten years of turbulence, however, so can be confident of maintaining growth. In terms of professional salaries, increases in the region of 4% have remained ahead of cost inflation and enabled the sustainability of economic (and employment) performance. Indeed the impact of new organisations (mainly financial and fintech) relocating some operations to Ireland from UK will be higher in 2018 due to the time it takes to set up financial operations. The strong sectors (ICT, pharmaceutical, financial, etc.) remain strong, with specialisms like GDPR, Blockchain (not just Bitcoin) and analytics getting the headlines in 2018. There is an on-going drive for a better regional spread for new and existing jobs. There is a salary differential in the region of 5-10% and better retention rates (and more property options), so the regions will be disproportionate beneficiaries of new job creation. 2018 Salary Guides for each discipline: Accountancy & Finance Banking & Financial Services Construction & Property Services HR Insurance IT Legal & Compliance Manufacturing & Engineering Marketing Office Support Sales Science & Pharma Supply Chain
Practice The practice market in 2017 experienced growth across most firms particularly in the larger, Top 20 ranked companies. The surge in business has resulted in expansion across all departments including tax, audit, risk, payroll and most notably corporate finance and advisory. Due to positive market conditions, firms sitting in the Top 7 are now competing with the Big 4 for many contracts, particularly in the advisory space. This has led to an increase in demand for senior grade candidates who in turn have ambitions to fast track their careers to managerial level. One by-product of the current employment landscape in practice is that we will see a greater amount of firms allowing for more frequent employee transition between divisions to promote retention. This can help produce a more well-rounded accountant who is adding value to their careers so is a win-win for both parties. Salaries Practices in the past have sometimes struggled with retention, however, we have seen a shift somewhat with some firms now offering higher basic salary levels than in previous years to retain their people. In addition, improved benefits on offer include bonuses at certain levels and the all elusive “work-life balance” which in the past had not been a benefit you would have associated with accountancy firms. There is every indication that 2018 will see accountancy firms shift up into another recruitment gear with an increase in graduate intake and experienced hiring. Therefore it is natural that all firms will need to do their utmost to retain the best talent on the market and salary levels will continue to rise due to this. Financial Services The financial services jobs market for accountancy professionals continued it’s upwards growth trend last year. Even without the added benefit of companies relocating to Ireland post BREXIT, the confidence of both employer and employee alike has produced a healthy landscape with more opportunity for those who wish to change jobs. There is no doubt BREXIT has been a major contributor to the growth in the financial services jobs market. We have seen major international companies relocate operations to Dublin and others who already have a presence here have laid out plans to significantly increase their headcount. This is all positive news for jobseekers. Not only does this create opportunities that would not have existed without BREXIT, it also increases churn in the market involving more established financial services companies in Ireland who subsequently end up with more vacancies themselves. Salaries The major developments mentioned have contributed significantly to salary growth across most accountancy positions with increases of 5-10% apparent. Increased opportunity for jobseekers has pushed salaries up at a noticeable rate and we see this continuing throughout 2018 in the financial services sector. Supply and demand factors will result in some positions seeing a bigger increase than others, however, it is anticipated that all positions within the accountancy field will see growth over the year ahead. Industry & Commerce With the economy continuing to grow at a relatively fast pace, this has resulted in more job creation across most sectors. As has been the case for the past few decades, it is the multinational companies creating the most job opportunities for accountancy professionals. However, we have also started to see a return to growth within the SME sector, a sector which until now had not made much of a recovery from the recession. The past year saw many new companies open offices in Ireland, particularly in Dublin. Technology and pharmaceutical companies have continued to be the prominent players in regards to job creation, however, we have also seen some successful indigenous companies add significantly to their workforce. As with the other industries that employ accountancy professionals, job creation can create a domino effect which leads to even more opportunity across the market as people leave established jobs to start a newly created one. What has coincided with job creation over the past few years has been an increased level of jobseeker confidence within the industry sectors. The fear associated with moving jobs has subsided notably. There will continue to be concerns over the long-term effects of BREXIT on some industries and the wider Irish economy, however, this uncertainty is not curtailing growth and affecting the job market at this moment in time. Salaries With more opportunities for recently qualified accountants, the competition to hire at this level has increased significantly. Whilst this level has seen the biggest increase in salaries, there have been increases across the board for accountancy professionals at nearly all levels within the industry sectors. We anticipate these factors will continue to push accountancy salaries northwards in 2018. Looking for an accountancy and finance job? Check out our latest jobs here
From my experience hiring accountancy staff for SMEs and large multinationals, here are 5 things you need to know to get the most value from your dealings with your accountancy recruiter. 1. We want to know about the job and your company inside out Professional recruiters will want to know everything about your company when working on a position for you. This information will include: Size of the team the role is situated in When and by whom the company was founded The product or service provided Future goals and plans. Professional and credible recruiters should have a list of questions about the company make-up and culture before even asking for a job specification. If a recruiter does not look for the above information, make sure they are made aware of it as it will increase their ability to promote the company to potential hires. Our job is to sell this opportunity to our best accountancy candidates, so the more we know the better. 2. Have your accounts ready With finance roles the recruiter will be advising the candidate to review the financial accounts of a company as well as other standard information. These might not always be easily accessible so it’s a good idea to provide a soft copy of them to your recruiter to ensure that the candidates you meet in the process will be prepared for an interview and have an in depth knowledge of the financial standing of your company. 3. You don’t need to read CVs When you receive a CV from a recruiter, they will have already been screened and interviewed by the recruiter to establish that they are good enough for consideration. To save you time reading these CVs, a recruiter should use a cover sheet which will have the most relevant “USPs” of the candidate in question along with information on notice periods, any holidays planned, relevant skills etc. I would suggest having a basic company cover sheet in case your recruiter does not have one as standard, in order to streamline the process as much as possible. 4. The more you tell us, the better we can prepare your potential hires It is extremely important to outline the format of the interview process and highlight any tests or unusual stages there may be so all candidates can be aware of what to expect. The more specific information you can “arm” your recruiter with (such as interview questions that may be asked), the better the candidates will be at interview. 5. No surprises at the end The offer and acceptance stage of the process is where we all want to get to. In order to make this stage as painless as possible, the level of the role and remuneration package on offer needs to be discussed from the outset. Again, your recruiter will have spoken to the candidate about what package they are currently on and their salary expectations. From here, be honest and transparent with your recruiter and let them know what you are willing to pay, any future potential changes (i.e. permanency etc.) and also all details of the offer. It is the recruiter’s responsibility to satisfy both parties. If you have any questions about the recruitment process or if you would like to speak to me about hiring accountancy staff please call me on +353 1 4744662 or email me at email@example.com
The market for newly qualified accountants is the busiest it has been in my five years working in recruitment and you will certainly have some good options available to you should you decide to leave practice. The first job you take outside of practice is an important decision to make, and it is a choice that you should put some serious thought and consideration in to. What kind of job would I like to do? As a newly qualified ACA accountant the experience will be attractive to a variety of different employers. Rather than just having the mind-set to take any job that is not external audit, decide what kind of jobyou would genuinely like to do. There is the option to move into financial accounting/financial reporting/financial analysis/internal audit etc. jobs. The first job you move into outside of practice may shape your career for the next 3-5 years. Given the amount of time you have spent studying, working long hours etc. in external audit, it is important that you move into a job type that you will genuinely enjoy and hopefully stay in for a number of years. What kind of industry would I like to work in? If you have spent 3-4 years working in audit you will have first-hand knowledge of companies in a variety of industries. Think about companies that you have audited that you would actually like to work for yourself and then target a job in a similar organisation. If you decide to continue your career in Dublin you are lucky in that there are a number of large employers in most industry sectors including Banking, Insurance, Funds and Multinationals. Even Irish owned SMEs and start-up companies are starting to hire again. It will be easier to secure a job in the industry sector that you audited but some companies will see that your skills are transferable and will offer you an opportunity to change sectors. Speak to your recruiter about which companies will give you this option. Should I stay working in practice beyond my training contract? Whilst a significant percentage of accountants working in audit will want to leave practice as soon as their training contract expires a lot will want to stay working in practice. This can be a good option for some candidates. You can progress to managerial level, manage larger teams and be exposed to more senior stakeholders in a variety of different companies. This will be advantageous to some candidates in the long term. However if you are not going to be exposed to anything new by staying on in your current role then it may be better to move on. There is also the option to move to a different accountancy practice on completion of your training contract. Big 4/Top 7 audit firms are always looking to hire good auditor seniors. Changing accountancy practices may give you exposure to new clients and may give you an opportunity to audit clients in a different sector than you are used to. If you qualified in a Top 20 practice it may be a good idea to get a year experience in a Big 4 audit firm if the ultimate aim is to get a role in one of the big multinational/financial service organisations. What is most important to you in a new job? All candidates will have different motives for leaving practice. For some they will want to join an organisation big enough whereby they can constantly progress and develop over the next 5-10 years. Others will prefer to go into a role that will offer more variety and more of a mental challenge. For some newly qualified accountants after spending three years working 60 hours a week they will just want a job that will allow them to finish work every day at 5pm. Whatever your motivation, there will be different options available. If using a recruiter be honest with them and this will result in you interviewing with the most appropriate companies for your skill set. Also speak to colleagues in years above you in practice who have left to join companies in industry as they will be able to give you first-hand information as to whate roles outside of practice really are like. Get your CV updated Until you interview your CV is the only document you have to describe your skills and experience. Despite all the resources available to candidates (CV templates, CV advice online etc.) some qualified accountants still cannot prepare good CVs. Your CV should do you justice and describe all relevant experience you have built up over your training contract. If you are unsure about CV layout or what to include then speak to a recruiter directly and they can help you with this process. In general your CV should be clear, concise, easy to read and very informative (facts and figures). If you have trained in audit list the different clients you have audited and describe their size (turnover, number of employees etc.) and industry sector. Recruiters see hundreds of CVs from Big 4 candidates every year and most CVs look very similar – what distinguishes one from the other is the different clients that you have worked on. Your audit clients will also be the first thing employers will look at when reviewing your application along with your educational record. In certain cases your recruiter may get you to tailor your CV for an application to a specific role – this will significantly increase your chance of securing an interview. Meet with a recruiter Meeting with a recruiter in person will be much more beneficial that just having a phone call with them. At an initial meeting you can have an open and honest conversation around what kind of job you actually want. This should result in you only being put forward to jobs you would be genuinely interested in rather than being submitted to ten different jobs just because your skill set is desired by the client. Applying to jobs of no appeal to you is a waste of the recruiter’s and the client’s time and does not reflect well on you either. By meeting with the recruiter at the beginning of your job search you will also distinguish yourself from the other hundred candidates coming out of training contracts at the same time. A good recruiter will also be able to match you to a company environment that will suit your personality as well as your skill set. Don’t wait for someone to approach you – be proactive and contact a recruitment consultant yourself. It is nice to be approached about a job and feel as though you are being headhunted for a specific role, however often the recruiters with the most jobs for you will not have the time to search through LinkedIn for hours to find suitable candidates. By registering your details with a good recruitment consultant you will ensure that you are kept aware of all suitable job opportunities that may arise. Even if you are not looking for a role immediately the best way to find out about good jobs is by having a relationship with the recruiter that will be speaking to these companies. Also, recruiters that have worked with companies for a number of years tend to be able to influence clients into meeting candidates that they have met and can personally recommend. By applying to a job through an agency you should be able to gain a competitive advantage over applicants that apply directly. Your recruiter will be able to give you advice about the company, the work environment, the hiring manager and also be able to conduct interview preparation with you. They will also be able to keep you better informed of the timelines involved in the process and will be able to ensure the hiring manager makes a quick decision if you are interviewing with a couple of different companies. What salary can I get? Naturally the salary you attain in a new job is an important factor when making your decision about what company to join. Luckily as a qualified ACA accountant in Dublin you can expect to receive a good salary in the current market. Companies in different industries pay different various salaries so have a look at salary guides for an idea of what you may be eligible for. Sometimes companies will offer lower salaries at first but with a view to increasing your remuneration and benefits as you progress whereas other companies will offer a higher salary initially but will offer no salary increase or no room for career progression over the next three years. Be open minded regarding salary and listen to the advice of your recruitment consultant as well as from fellow colleagues, managers etc. The first job you take outside of practice is an important decision and taking a short term view in terms of salary expectations may not be the best move in the longer term. Also, in reality a couple of grand difference in salary is going to make little difference to your monthly take home pay. Should I take a contract job? A lot of candidates will only consider permanent jobs when looking to change. Whilst this is understandable in some circumstances (mortgage application etc.), ruling out contract roles can seriously limit your options. The majority of large multinational or financial services companies in Dublin tend to offer contract roles initially. In general these tend to be permanent in all but name and will be extended beyond the initial fixed term contract. Again your recruiter will be able to offer you advice around which companies will make you permanent and which ones won’t. I plan on going travelling after my training contract ends On completion of a training contract or within a year of qualifying, a large percentage of accountants will go abroad to travel or to work. Depending on your personal circumstances you may be better off staying in your current practice for six months before going away whereas in the majority of cases it may be good to try and get 6-12 months industry experience before going away as this will make your CV look more marketable when you decide to return to Ireland. Of course this is dependent on individual circumstance and jobs on offer. If I fail my FAEs? If you fail your exams you will still have a significant number of options available to you. The first thing you should consider is whether you plan on repeating your ACA exams the following year. If this is the case, the best option will likely be to stay working in practice as no company in industry will offer you the amount of study leave that you will get in practice. If you are unhappy in your role maybe consider joining another audit firm that will offer a new environment and new clients to work with. A good option for a lot of candidates is to change to ACCA. This is still a prestigious qualification that will be hugely beneficial to you over the course of your career. You will be exempt from most exams and should be able to qualify within a year. The exam format is much friendlier to people in full time jobs than ACA exams are. The majority of accountants that train in industry will undertake ACCA exams rather than ACA ones. If you want to stay doing ACA maybe consider taking a contract role until next summer and then take a couple of months off to study for your FAEs once again. You will still have lots of options available to you to move into industry. You have the same amount of work experience as those that are qualified and your skillset will still be in demand to employers. You may not command the same salary that qualified accountants can but you will still get a good package. You will also have a year’s experience in industry (rather than another twelve months in practice) and when you qualify next year you should be able to command the same salary as your work colleagues who pass the exams this year. If you have any questions on your present position or are interested in roles that Sigmar has on offer please contact our team – firstname.lastname@example.org or call 01-4744600.
Our team recruit all accounting levels, starting from newly and part-qualified accountants, payroll, credit or payable specialists, through to qualified accountants, systems, regulatory or compliance specialists, right up to CFO, finance director and heads of audit, tax, financial planning or financial reporting.
13 Hume St, Dublin D02 F861, Ireland.
39 Fitzwilliam Place, Dublin D02 ND61, Ireland (Sales, Multilingual, Supply Chain)
Tel: + 353 1 4744 600
Fax: + 353 1 4744 641
33 South Bank, Crosses Green,
Cork T12 F611, Ireland.
Tel: +353 21 431 5770
Fax: +353 21 431 6407
4th Floor, Dockgate, Dock Road,
Galway H91 PC04, Ireland.
Tel: + 353 91 563868
Unit 4, Liber House, Monavalley Business Park,
Tralee, Co. Kerry
Tel: + 353 830407754