Minister of State for Financial Services officially launches ‘Centre of Excellence’
Leading professional services firm Grant Thornton has announced the creation of 250 new jobs across all areas of its business operations in Ireland. A significant number of the new posts will be in its Centre of Excellence, which was launched today by Eoghan Murphy T.D., Minister of State for Financial Services. The positions are permanent roles for high calibre professionals with practice and industry backgrounds to filled within the next 18 months.
The Centre of Excellence provides a new framework for the delivery of global compliance and reporting services, from its base in Ireland. Organisations with financial reporting obligations in multiple jurisdictions will now be able to avail of specialist international expertise delivered by Grant Thornton’s Dublin-based team, e.g. for the preparation of bilingual local GAAP Financial Statements.
“The Centre of Excellence was established in response to business needs as organisations look to reduce risk across their compliance functions. We have always had the capacity to meet the needs of companies working across many markets, but bringing this expertise in-house simplifies the process and guarantees a high level of consistency for our clients who will benefit from an end-to-end solution being delivered by our Dublin team.”
The Centre of Excellence is unique in the Irish market. It offers the most comprehensive suite of compliance and reporting services to clients here, including statutory financial statement preparation, payroll, tax, and centralised audit services. Its team of multi-jurisdictional specialists includes accountants and industry experts experienced in the French, German, Swiss, Austrian, Spanish and Portuguese markets, as well as the wider APAC and LATAM regions, among others.
With a team of over 40 internationally qualified experts and investment in its technology platforms, Grant Thornton’s Centre of Excellence is ideally placed to meet the global needs of businesses operating from a central location, e.g. a US multinational in Ireland with EMEA/ APAC/ LATAM wide statutory reporting and compliance obligations.
The Centre of Excellence is an example of the unique service offerings that have made Grant Thornton Ireland’s fastest growing professional services firm in recent years. To meet increased demand from clients, the firm is now looking to recruit experienced professionals for its Centre of Excellence team, as well as across its tax, audit and advisory departments.
Paul McCann, Grant Thornton National Managing Partner, said: “We are very pleased to announce this significant increase in our headcount with the official opening of the Centre of Excellence. Grant Thornton has seen real growth in recent years and it’s important that our team expands to meet our clients’ needs.”
“Grant Thornton is a destination of choice for Ireland’s top professional talent. Those looking to join us are attracted by the same qualities that appeal to our clients. We have a unique culture intrinsically linked to the firm’s core values, an international outlook, and a reputation for excellence, all of which drive our business and bring great talent to the firm,” added Paul McCann.
At today's announcement Eoghan Murphy T.D., Minister of State for Financial Services commented: “The Centre of Excellence is a welcome development from Grant Thornton. Their initiative creating 250 jobs is one that will benefit businesses at a time of strong growth for the Irish economy. The Centre's focus on the provision of specialist global compliance and reporting services is in keeping with the Government's IFS 2020 Strategy aim to promote Ireland as a global centre for specialisation and innovation in financial services."