Mazars adds new pay­roll unit in Lim­er­ick

Sunday Independent (Ireland) - Business & Appointments - - FRONT PAGE - Fearghal O’con­nor

AU­DIT, tax and ad­vi­sory firm Mazars is to cre­ate a new pay­roll out­sourc­ing busi­ness unit in Lim­er­ick that will pro­vide both do­mes­tic and in­ter­na­tional pay­roll.

The new busi­ness unit will cre­ate up to 25 new jobs over a four-year pe­riod and will ex­pands the firm’s over­all ca­pa­bil­i­ties on the west coast.

Last year, Mazars merged with mid-west cen­tred busi­ness Maguire Caulfield Browne. Mazars is now fur­ther ex­pand­ing its client of­fer­ing in the re­gion to ser­vice the in­creas­ing de­mand for out­sourced pay­roll ser­vices, it said.

Cur­rent and fu­ture growth of the Mazars pay­roll ser­vices busi­ness is ex­pected to be driven by a num­ber of fac­tors, the com­pany said in a state­ment to this news­pa­per. These in­clude im­pend­ing reg­u­la­tory changes, the at­trac­tive­ness of the mid-west for multi­na­tional or­gan­i­sa­tions wish­ing to out­source func­tions, the gen­eral ben­e­fits as­so­ci­ated with the out­sourc­ing of pay­roll func­tions and the glob­al­i­sa­tion of busi­nesses.

“Our am­bi­tion is to be­come Ire­land’s lead­ing do­mes­tic and in­ter­na­tional pay­roll provider in the mid-west of Ire­land,” said Mazars pay­roll out­sourc­ing part­ner Mairéad Divilly.

“In­com­ing reg­u­la­tory changes such as GDPR and the im­ple­men­ta­tion of PAYE mod­erni­sa­tion and real-time re­port­ing, both of which will im­pact pay­roll op­er­a­tions and pro­cess­ing, will fur­ther the need for spe­cial­ist ex­per­tise. The re­quire­ment for out­sourc­ing is fur­ther driven by a short­age of spe­cialised in-house pay­roll prac­ti­tion­ers, which is com­pounded by a com­pet­i­tive re­cruit­ment mar­ket and the glob­al­i­sa­tion of busi­nesses.”

Mazars Lim­er­ick lead part­ner Richard Maguire said he was de­lighted to wel­come the ex­pan­sion of the Lim­er­ick of­fice.

“Our con­tin­ued growth is a tes­ta­ment to the at­trac­tive­ness of the re­gion for in­ter­na­tional in­vest­ment and multi­na­tion­als. Home to over 100 overseas com­pa­nies, and with multi­na­tion­als em­ploy­ing over 14,000 peo­ple, the po­ten­tial of Lim­er­ick and the west is be­ing recog­nised in­ter­na­tion­ally.”

Mazars Ire­land now has over 400 staff in Lim­er­ick, Gal­way and Dublin.

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