Cork-based advisory firm ifac to create 400 new jobs

A Cork-based accounting, tax, and business advisory firm has announced the creation of 400 new jobs, to be filled by 2028.

Ifac, which has offices in Bandon, Blarney, Skibbereen, and Mallow, announced the new roles today, as the company said it has plans for further expansion across Ireland.

The announcement comes as the agency, which specialises in tax advisory, accountancy, pension planning, succession planning, wealth management, and other financial services, celebrates its 50th anniversary.

Donal Cashman, who served as chairman of ifac from 1978 to 2006, said that the announcement of the new roles reflects the company’s ambition to expand into new markets.

“With a strong reputation built on trust, community commitment, and expert advice, ifac is not only reflecting on a proud history, it is investing boldly in the future and the communities where it operates,” said Mr Cashman, who is a dairy farmer from Coole in Whites Cross.

“While the firm will continue to respect its heritage, it will continue to grow with Irish farmers and producers, alongside expanding into new markets.

“Its focus today is very much on continuous improvement, most recently marked by the launch of a new specialist team for mid to large SMEs.

“As ifac enters its next chapter, its mission remains unchanged — to help clients succeed on the farm, in business, and beyond.”

Founded in 1975, ifac began as a specialist advisor to Irish farmers.

Over the last five decades, the firm has seen considerable growth, from undergoing a rebranding in 2018 to expanding its services in farming, food, agri-business, the SME space, tax, and audit.

To further support the firm’s growth, ifac is planning to create 400 new jobs over the next three years, boosting its existing team of 580 professionals across its 30-strong network of offices.

Roles will include supporting 18,000 producers, 3,000 clients in the agri-food sector, and 7,000 SMEs with a full suite of professional services, including accounting, tax, audit, corporate finance, consultancy, corporate recovery, payroll, financial planning, company secretarial, and business valuations.