Starting a career as a fresh ACCA in Ireland opens different opportunities in financial management, and other accounting roles. With the increasing demand for skilled accountants rising, Ireland has become a lucrative place for ACCA graduates, who are looking for stable employment and career growth. However, one of the most pressing concerns for new professionals is understanding their salary offer.
This article will guide on salary expectations of an entry-level ACCA in Ireland, disclosing the factors that influence pay, and highlighting companies actively hiring fresh ACCA professionals
On What Basis Is a Fresher Hired and Paid?
Companies consider several factors when hiring a graduate accountant. Below are four solid reasons that determine a fresh ACCA’s employment and remuneration
Educational Qualification and Certification
A candidate who has completed all ACCA exams and holds an official ACCA membership is more likely to be offered a competitive salary offer compared to those still pursuing the qualification.
Internship and Practical Experience
Many employers prefer candidates who have undergone practical experience in accounting roles through internships or apprenticeships. A fresh graduate with prior exposure to Ireland finance processes and software like SAP or QuickBooks has a better chance of securing a higher ACCA salary.
Skills and Competencies
Strong analytical, communication, and IT skills play a crucial role in the hiring process. A fresh ACCA proficient in financial reporting, taxation, and auditing is considered more valuable in ACCA roles.
Industry Demand and Market Trends
The industry and location where the company operates significantly affect a fresh ACCA’s salary. Sectors such as financial services, tech, and pharmaceuticals tend to offer better ACCA pay than smaller firms or startups.
Which Companies Hire Freshers in Ireland?
Several top-poular companies in Ireland actively hire fresh ACCA graduates for accounting roles. Below are five well-known employers.
Deloitte Ireland
A top audit and advisory firm offering various ACCA job opportunities.
EY Ireland
Hires ACCA graduates for entry-level roles in financial management and consulting.
PwC Ireland
Offers extensive graduate programs for new ACCA professionals in Ireland, accounting.
Grant Thornton Ireland
Provides career opportunities for fresh ACCA members in audit and management accounting.
How Much Do Companies Pay for a Fresh ACCA in Ireland?
The salary offer for a fresh ACCA in Ireland varies depending on factors such as industry, company size, and individual qualifications. On average, the entry salary for a graduate accountant ranges from €30,000 to €40,000 per year.
- Big 4 Accounting Firms (PwC, EY, KPMG, Deloitte): €32,000 – €40,000
- Mid-tier Accounting Firms: €30,000 – €35,000
- Industry-Based Roles (Finance, Tech, Pharma): €35,000 – €42,000
- Public Sector & NGOs: €28,000 – €32,000
As experience grows, professionals can expect their ACCA earnings to increase significantly, with mid-level roles paying around €50,000 to €70,000 annually.
Factors on Which Companies Pay Fresh ACCA in Ireland
Here are the different factors on which freshers get paid by companies in Ireland.
Industry and Company Size
Larger corporations and international firms tend to offer higher ACCA pay compared to smaller firms. Multinational companies in finance, consulting, and tech provide competitive Ireland salaries.
Location of Employment
Cities like Dublin, Cork, and Galway offer higher ACCA wages due to the increased cost of living and concentration of financial hubs. Rural areas tend to have lower ACCA paygrade.
Job Role and Responsibilities
A management accountant in a corporate firm will likely earn more than a general graduate accountant in a smaller business. Additional certifications, such as CFA or CPA, can further boost ACCA salary levels.
Conclusion
Starting a career as a fresh ACCA in Ireland is a promising path with strong ACCA employment prospects. While entry salaries may range between €30,000 and €40,000, professionals can expect significant growth as they gain experience in financial management and accounts and business functions.
By targeting the right companies, improving relevant skills, and considering industry trends, ACCA graduates can maximize their Ireland accounting earnings and secure a successful ACCA career.
Frequently asked questions
What is the average salary for a fresh ACCA in Ireland?
The ACCA income for a fresh graduate in Ireland ranges from €30,000 to €40,000 per year, depending on the employer and industry.
Do Big 4 firms pay higher salaries to entry-level ACCA professionals?
Yes, firms like PwC, Deloitte, KPMG, and EY generally offer higher ACCA pay ranging from €32,000 to €40,000 annually.
How can a fresh ACCA increase their salary in Ireland?
Gaining additional certifications, developing relevant skills, and obtaining experience in high-demand industries can help improve ACCA earnings over time.
Are there job opportunities for fresh ACCA graduates in Ireland?
Yes, numerous companies, including multinational firms and mid-tier accounting firms, offer ACCA job roles for entry-level professionals.
What industries hire fresh ACCA professionals in Ireland?
Industries such as finance, technology, pharmaceuticals, and public services frequently hire ACCA graduates for accounting roles and financial management positions.