EY Ireland has announced plans to add 900 new jobs across its seven offices after reporting a 26% or €111m increase in annual revenue.
The Big Four firm recorded turnover of €536m in its most recent full financial year, which ended in June, up from €425m the previous year. Globally, EY reported turnover of $45.6bn in FY22.
The company said it had performed strongly across its assurance, consulting, tax & law, and strategy & transaction divisions while growing its headcount on the island of Ireland 23% to 4,208.
"EY is proud to have delivered market leading growth in our most recent financial year. This exceptional result for EY Ireland is testament to our world class teams and our fantastic client base who turn to us to help them solve their most complex strategic challenges," said Frank O'Keeffe, managing partner at EY Ireland.
"Our long-term investments in our people and in technology have allowed us to work seamlessly with our clients to deliver exceptional service as we help them to stimulate innovation, increase organisational agility and strengthen resilience. "
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The 900 new positions, including 350 graduate roles, will bring EY Ireland's headcount to 5,100. EY said the majority of the graduates are in the process of being onboarded and that it intends to fill the remaining roles as soon as possible.
EY will actively recruit candidates for positions in tax, audit, corporate finance and consulting as well as in new growth areas including technology consulting, digital and emerging technology, data analytics, cyber security, sustainability, law, strategy and transformation.
The firm is also recruiting heavily across other growth areas such as workforce and organisation design and planning, change management, transaction diligence, and valuations, modelling and economics.
“Our plan to increase our current headcount on the island of Ireland from 4,200 to 5,100 people is hugely exciting for us. Strong client demand for our services gives us confidence to continue with our ambitious growth plans," O'Keeffe said.
"We’re seeking to recruit the brightest and most diverse talent across a host of disciplines to join our brilliant teams.
"We recognise the important role we play in supporting the development of Ireland’s future business leaders and so we have a laser focus on ensuring our people have access to world class training and mentoring throughout their career at EY."
EY Ireland has also published its first societal impact report, laying out its efforts to "create long-term value" with various stakeholders over the past year, and the firm is progressing with partner votes on a proposal to separate into two organisations.
One organisation would handle assurance, tax and advisory services, and the other would cover consulting, strategy and transactions as well as the majority of tax and managed services.
"The strategic rationale for our separation into two leading multidisciplinary businesses is compelling, "O'Keeffe said.
"We are committed to being at the cutting edge of innovation and transformation and it’s important that we continue to adapt to the ever-changing environment in which we operate.
"This proposed change, which will be voted on by our Partners in the Republic of Ireland early next year, would ensure that we maintain our current trajectory of strong and sustainable growth while also ensuring greater choice for our clients and unrivalled career opportunities for our people.”
(Pic: Jack Taylor/Getty Images)
