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We are delighted to announce a series of promotions and role changes across Crowleys DFK.

Karen Murphy | Director | Operations & Innovation

 

Karen Murphy has been promoted to Director of Operations & Innovation. Karen will have the responsibility for leading the implementation of the firm’s operational strategies and for the continuing modernisation of our business through innovation and new technologies.

 

 

James O’Connor, Managing Partner, commented:

“I would like to congratulate Karen for her richly deserved promotion. In a short number of years, we have achieved a lot to transform our business processes and implement new technologies.  I am excited to see what we can achieve with continued innovation.”

Ruma Faltado | Assistant Manager | Risk Consulting

 

Ruma Faltado has been promoted to Manager of Risk Consulting. Ruma joined the Firm in 2021 as an Assistant Manager in our Risk Consulting Department. In just the last 18 months, she has led multiple large scale operational and organisational Internal Audits on a number of high-profile National Regulators, Central Government Departments and Local Authorities.

 

Ernest Mendoza | Assistant Manager | Risk Consulting

 

Ernest Mendoza has been promoted to Assistant Manager of Risk Consulting. Ernest joined the Firm in 2020 as a Senior Internal Auditor in our Risk Consulting Department. Within the last two years, Ernest has contributed greatly to his role, delivering workable solutions to our clients and fulfilling their enormous demands for risks and compliance audits.

 

 

In another exciting change within the Risk Department, Dr Conor Dowling has taken on the new role of Research & Policy Executive. This will see Conor conduct research on existing, new, and emerging legislation and EU Directives, surveys and benchmarking analysis on Internal Audit assignments.

 

Ruma and Ernest’s well-deserved promotions and Conor’s new role are a reflection of the continued strong growth and success across the Department.

Vincent Teo, Partner and Head of Public Sector and Government Services Department commented:

“Our Risk Department has seen unprecedent business growth in just the last 2 years. Our team have worked tirelessly to support this expansion and to ensure that our service delivery remains to the high standards of quality that our clients are accustomed to.

To that end, our firm remains steadfast in acknowledging and awarding employees’ efforts and their commitment to the firm. I’m proud of Ruma, Ernest and Conor for hitting all the KPIs on our Competency and Career Paths Development Framework and are now being promoted. We have no doubt they will continue to brilliantly represent Crowleys DFK and shine as part of our management team.”

If you are interested in developing your career with Crowleys DFK, please visit our Careers page.

DFK International has been ranked as the 6th largest association in the world in the International Accounting Bulletin’s (IAB’s) annual 2022 World Survey Report.

Crowleys DFK has been a proud member of DFK International for twenty-nine years.

The report is based on collective fee income, with DFK International members firms achieving a turnover of $1.532 billion.

DFK has sat in seventh place for 10 years but has moved up the list after achieving a growth rate of 3% compared to the previous year.

The association now has 230 member firms, 1,413 partners, 13,919 staff members and 455 offices in 94 countries.

Martin Sharp, executive director of DFK International, said:

“We are very proud to be among the leading associations worldwide.

Moving up to sixth place demonstrates that despite the pandemic, DFK remains one of the strongest associations in the world and our member firms have continued to grow, which is a fantastic achievement.

We have seen growth across all services lines, particularly in North America, which shows that our members have continued to provide outstanding support to their clients in a challenging environment and in-turn have expanded their practices.

We now look forward to another successful year as we continue to do business and share knowledge and best practice to achieve further growth.”

Being a part of an association with a strong global presence has greatly widened Crowleys DFK’s intellectual resources, allowing us to offer local advice supported by a broader knowledge of international financial reporting.

This breadth of knowledge is a critical resource for our clients, which include leading firms in industries such as information and communications technology, e-commerce, life sciences, manufacturing and consumer products.

These clients find that our expert team provides fundamental advice on structuring their Irish operations, on securing Government funding, and dealing with tax and legal obligations.

As Ireland continues to be a vital hub for international business, our understanding of the challenges faced by companies moving into Ireland will continue to be a critical resource.

Eddie Murphy, Head of Tax and FDI Services at Crowleys DFK, said:

“At Crowleys DFK, we understand the challenges faced by our SME and owner-managed business clients. We are proud of the reputation and long-term relationships we have built with them over the years.

Whether it’s getting advice on taking on two employees in Germany, accessing capital markets in London or New York or helping technology companies expand into San Francisco, we connect our clients with trusted professionals throughout the world.

In many cases our clients prefer to deal with us and in these instances, we instruct the other DFK firms. This means clients can concentrate on their business and don’t need to spend time developing new relationships abroad.”

To learn more about DFK International visit www.dfk.com.

Following the launch of our Hybrid Working Policy, in another exciting development for the Firm, Crowleys DFK is pleased to announce some key promotions within the Firm.

Alison Bourke | Digital Marketing Manager

Alison Bourke joined the Firm in 2016 on a six-month college work placement and returned in 2017 as a Marketing Executive in our Practice Development Department. With a Masters in Digital Marketing Strategy, Alison led the implementation of the Firm’s digital marketing initiatives which directly increased Crowleys DFK’s digital footprint across all online platforms.

A result-oriented individual, her promotion to Digital Marketing Manager will see Alison taking a primary role in the continuous development of our digital marketing strategies and aligning them to the strategic goals of the Firm. Alison aims to expand the awareness of the Firm’s wide ranging services across all online platforms and to support the overall growth of Crowleys DFK.

Commenting on her promotion, Alison said: “It’s fantastic to be part of a Firm that is so supportive and values employee development. I look forward to my new role as Digital Marketing Manager.”

 

Conor Hallahan | Assistant Manager | Accounting & Financial Advisory

Conor Hallahan joined the Firm in 2017 as a Junior Accountant in our Accounting & Financial Advisory Department. Since qualifying as a Chartered Accountant, Conor has become a trusted business adviser providing innovative commercial insights for our SME clients across a broad range of sectors.

Commenting on his promotion to Assistant Manager, Conor said: “Crowleys DFK commits to the growth and development of its employees. I’m delighted to have reached this career milestone and look forward to contributing further to the continued growth of the Department.”

 

Elaine Murphy joined the Firm in 2019 as a Senior Auditor in our Audit & Assurance Department. An experienced and qualified Chartered Certified Accountant, Elaine has particular experience working with our Charity and Not-for-Profit clients.

Commenting on her promotion to Assistant Manager, Elaine said: “I’m very grateful for this opportunity and feel very thankful to work with a Firm that provides excellent career development opportunities for its employees.”

 

Dean McCann | Assistant Manager | Public Sector & Government ServicesDean McCann joined the Firm in 2018 as an Associate and qualified as a Chartered  Accountant in our Public Sector & Government Services’ Department.  Dean has been instrumental in supporting the enormous growth of the Department while continuing to provide bespoke financial reporting and internal controls advisory services to our substantial portfolio of clients in the public sector and central government.

Commenting on his promotion to Assistant Manager, Dean said: “I knew that Crowleys DFK would be a place where I could continue to grow and develop professionally as the Firm continued its own growth and development. I’m proud to be a part of the Firm and see an exciting future ahead for the Department, and for myself.”

 

Kyna Lontok | Assistant Manager | Risk ConsultingKyna Lontok joined the Firm in 2020 as a Senior Internal Auditor in our Risk Consulting Department, from the Philippines. In just the last two years, she has led large scale operational and organisational Internal Audits on high profile National Regulators, Central Government Departments and Local Authorities.

Commenting on her promotion to Assistant Manager, Kyna said: “I’m delighted to have been involved with the rapidly growing Risk Consulting Department. I’m excited to be working with such a dynamic and fast paced team and look forward to continuing to work to broaden the services we offer our clients.”

 

Commenting on the promotions, Managing Partner, James O’Connor said:

“We are immensely proud to announce these new promotions. They are well earned and reflect the values of integrity, respect, and client commitment that our firm holds. Furthermore, we believe that these promotions are another vital step forward as we continue to grow and further strengthen our client services, and further demonstrates our commitment to the long-term development of our staff.”

If you are interested in developing your career with Crowleys DFK, please visit our Careers page.

Crowleys DFK has launched its new people policy regarding flexibility and hybrid working, effective from 7 March 2022.

The policy, which was announced internally on 7 October 2021, has been put in place to ensure that the Firm reaches its goal of building a flexible, purposeful way of working so that our employees can achieve a greater long-term work/life balance.

The hybrid working policy combines elements of home working and office-based working. To enable our employees to work from home effectively, Crowleys DFK facilitated individual risk assessments of employees’ home workspace with our 3rd party provider Capella and provided equipment as needs were identified through the risk assessments.

Criona Turley, CEO & Co-Founder of Capella commented:

“We were delighted to partner with Crowleys DFK in 2020 to carry out ergonomic training and risk assessments for their team while they worked from home. Crowleys DFK continue to use our assessments to proactively ensure that their colleagues working from home are provided with the same level of equipment and technology as if they are in the office, allowing them to work as safely and productively as if they were on site. By investing in Hybrid supports like ours, Crowleys DFK are doing everything they can to ensure a seamless flexible working experience for their staff.”

The policy seeks to empower employees to take responsibility for their own productivity and to facilitate a safe home working environment to do so. Recognising that not everyone’s needs for health, safety and productivity are the same employees can choose to continue to work in the office.

The Hybrid Working Policy follows and operates in tandem with Crowleys DFK’s Flexible Working Policy, and the Right to Disconnect Policy. In line with the Firm’s commitment to the overall wellbeing of our employees and supporting them in balancing their professional and personal priorities in a way that works for everyone, these policies were created to ensure that working patterns do not negatively impact client services, and team working while recognising that every employee is entitled to enjoy their free time without being disturbed.

Paula McCann from the Firm’s HR Department said:

“We are committed to putting people at the centre of our firm, our clients and our employees alike. With that in mind, our new policy, like the preceding flexible working and right to disconnect policies, have been developed to ensure the best working environment. The policy was carefully developed with the needs of the Firm, its employees and its clients in mind and we are confident that it will guide us in achieving the most desirable outcomes for all.”

2006 was an important year for Crowleys DFK. This year marks the 15th anniversary of a trio of events that would have a major impact on our firm’s continued growth as one of Ireland’s top firms of chartered accountants and business advisors.

Eddie Murphy, James O’Connor & Colette Nagle announcing the merger and Eddie’s promotion to Partner (Oct 2006)

Future Partner of Public Sector & Government Services, David Coombes, joins Crowleys DFK as a Summer Intern (June 2006)

 

 


Introduction of a Future Chief Operating Officer (COO)

In one of the more significant developments in our firm’s history, on 13th October 2006, Crowleys DFK announced a merger with Kinsale, Co. Cork firm Fitzsimons Flynn & Co. The merger saw Colette Nagle join Crowleys DFK as Partner. Innovation is a core value of Crowleys DFK and is key to all services provided by our firm. From her onboarding as Partner in our Financial Advisory Department and her current role as Chief Operating Officer, Colette has led by example.

Graduating from CIT with a BBS in Accounting, Colette joined Fitzsimons Flynn & Co. as an Accounting Trainee where she became qualified as a Chartered Accountant (FCA) in 2001 and as an AITI Chartered Tax Adviser in 2003. In 2004, Colette was made Partner at Fitzsimons Flynn & Co, becoming the youngest female Partner in Ireland at the time. The merger saw Colette join the then 5 Partner and 40 staff Crowleys DFK, bringing with her a team of 6 staff.

Colette’s experience and expertise led to her oversight of the Merger and Integration Teams when Crowleys DFK merged with a further 4 firms between 2008 and 2020. Colette would also manage the office refurbishment projects completed in 2017, the key element of the design being sustainable, environmentally friendly office spaces.

Colette has been recognised for her contributions, having been shortlisted as a finalist in the Services to Accounting & Finance category at the second Irish Women’s Awards in 2020. The same year, she was announced as the Chief Operating Officer of the now 10 Partner, 100 staff Crowleys DFK.

Since then, Colette has been responsible for setting and strengthening robust operational controls and driving innovation and digital transformation that support the goals and overall innovative vision of the firm, while also delivering cloud accounting advisory, implementation, and application across the full spectrum of sectors, helping clients to transform their businesses in the rapidly growing digital era. Colette commented:

Over the past 15 years I have transitioned from accountant to a trusted business advisor. I believe my personal and practical holistic approach helps me to understand my client’s needs and provide them with the strategic advice they require to navigate a pathway whereby they can achieve their goals. Advances in technology and AI will never be able to replace human intelligence and the power of strong relationships.


Leading the Growth of our Foreign Direct Investment (FDI) Department

On the same day in 2006, Crowleys DFK announced that Eddie Murphy had been appointed Tax Partner, having been instrumental in the practice area’s growth and the diversity of compliance and tax planning services offered to its wide range of clients, from owner-managed, indigenous companies to international companies locating in Ireland to public sector organisations.

Eddie joined Crowleys DFK as a trainee accountant in 1998. He qualified as a Chartered Accountant in 2002 and opting to continue his career and studies in practice, he qualified as a Registered Tax Consultant of the Irish Taxation Institute in 2005.

Today, Eddie heads our Tax Department and specialises in international corporate structuring, VAT, property transactions, and employment tax issues. As Lead Partner of our Foreign Direct Investment (FDI) Services, he also leads a team of specialists who provide companies that wish to relocate to Ireland a “one-stop-shop” service offering and advice at each stage of their lifecycle.

Eddie believes in building strong relationships with clients, and that having a deep understanding of their objectives enables him to provide commercially effective advice. He states:

“Where I believe we excel is spending the time to get to know the investing company and its people and instil in them the peace of mind that their compliance and advisory needs are really being looked after by people who care”.


Future Public Sector Partner Starts his Career Journey

This year also marks 15 years since Partner in the Public Sector & Government Services Department David Coombes joined Crowleys DFK.

David joined Crowleys DFK as a summer intern before his final year of study at the National College of Ireland, where he would graduate with a First Class Honours Batchelor of Arts degree. He later qualified as a Chartered Accountant and held the position of Director within the Public Sector team at Crowleys DFK. Here, he would gain invaluable experience and expertise in leading public sector financial and business advisory assignments in areas such as financial reporting framework implementation, management information system design, strategic finance support, risk management and governance compliance.

In 2019, Crowleys DFK announced that David was appointed as a Partner in the department. Today, David remains in this role, working as an integral member of the leadership team. His work alongside his colleagues has helped to lead the Public Sector Services team to being named as the outright winner in the category of Excellence in Public Sector Services by The Public Sector Magazine in its Excellence in Business Awards for 2020 and 2021.

Commenting on his appointment in 2019, David said:

“I’m delighted to have been given this opportunity and feel very fortunate to be part of a firm which offers the best career development opportunities possible for its staff. I see an exciting future ahead for both the firm and the Public Sector Services Department.”

Crowleys DFK Partners (2021)

Eddie also attributes his success to the training and support he received at Crowleys DFK throughout his career. With an open door policy, employee progression and growth is at the forefront of our firm’s goals. The firm continues to offer excellent opportunities for individuals interested in pursuing and progressing a career in business. For further information, please visit our Careers page.

For a consecutive year, Crowleys DFK has been named the outright category winner of Excellence in Public Sector Services Award by The Public Sector Magazine’s 2021 Excellence in Business Awards.

Public Sector Services Award 2021

The awarding committee deemed Crowleys DFK worthy recipients of the Excellence in Business Award for our consistent high-quality services to the public sector.

Vincent Teo, Head of Public Sector Services commented:

“Winning this award once is a great achievement, but to win for a second year in a row is a testament to the hard work and commitment of our dedicated Public Sector teams. We are very proud of the reputation and long-term relationships we have built with our public sector clients over the years and this recognition from our peers and clients is a great honor.”

Click here to read the full Public Sector Magazine award editorial, featuring commentary from Vincent.

About the award

The annual awards recognise excellence in key providers to the Irish Public Sector acknowledging the professionalism of companies that excel in what they do.

Each year The Public Sector Magazine invites public sector agencies and local authorities to nominate organisations for consideration.  Nominees are judged by a panel of experts drawn from previous award winners and representatives from a diversity of sectors. The top three scoring nominations in each category are shortlisted with the highest scoring nomination as the winner.

Excellence in Public Sector Services

We are delighted to have been awarded the Public Sector Magazine’s Excellence in Public Sector Services Award 2020 for our “consistent high-quality services to the public sector”. 

It is great to be recognised for our work in the Public Sector. Last year we strengthened our Public Sector Department even further by adding another Partner, David Coombes, to our team. This strong leadership has helped ensure that we deliver a seamless and consistent service to our public sector clients.”  commented Vincent Teo, Head of Public Sector Services. 

For more information on our Public Sector Services, please get in touch 

Crowleys DFK Recruits with Simon Coveney

An Tánaiste and Minister for Foreign Affairs, Simon Coveney joined James O’Connor, Managing Partner of accountancy firm Crowleys DFK today at the firm’s recently refurbished Cork office in Lapps Quay to announce the creation of 40 new jobs in Cork and Dublin over the coming two years.

Crowleys DFK is one of Ireland’s leading indigenous accounting, tax and advisory firms. Founded 44 years ago in Cork, the firm has experienced three consecutive years of over 20% growth and currently employs 90 staff across both cities.

Recruitment is underway as the firm looks to fill roles across a range of specialties including Internal Audit, IT Audit, Risk Management, Advisory, Cloud Accounting and Public Sector Services as well as roles in its core Assurance and Tax Departments. Of the 40 new hires, 26 will be filled by experienced candidates with college graduates filing the remaining 14 roles.

James O'Connor Crowleys DFK with Simon Coveney

James O’Connor, Managing Partner of Crowleys DFK, said at today’s announcement: “We are delighted to announce these 40 new jobs across our Cork and Dublin offices. Our business has changed dramatically in recent years. The demand for access to trusted and experienced business advisors has resulted in an increased need for more innovative client solutions. Therefore, in conjunction with these 40 new roles we will also be investing in new technologies and introducing new service lines including Data Analytics, Business Process Improvement and HR and Marketing Consultancy.”

Crowleys DFK’s client base includes indigenous owner-managed businesses, and subsidiaries and European headquarters of overseas SME and multi-national companies. The firm’s national presence in Ireland is supported by their international reach through DFK International. Crowleys DFK has been a member of this global network of independent accounting and business advisory firms since 1993.

An Tánaiste Simon Coveney said: “I’m delighted to be here today for this significant announcement of 40 new jobs. Crowleys DFK is a great example of a local business achieving national and global success through ambition, innovation and a commitment to investing in talent. I’m particularly pleased to see Crowleys DFK provide career opportunities not only for homegrown and overseas professionals but also for our next generation of talent through their graduate programme.”

Crowleys DFK Recruits with Simon Coveney

An Tánaiste and James O’Connor were joined by Gloria Ramasia and Robert Graham, two new staff members of Crowleys DFK. Gloria Ramasia said: “I am thrilled to be starting my career with Crowleys DFK – it is a company that is really thinking about the future of our industry and I look forward to being part of it”.

“We believe this announcement is an important building block in our future growth. It also highlights our commitment to providing innovative service offerings to help our clients navigate the complex and sometimes challenging issues of today’s modern economy. The continued success and growth of the firm is a testament to the dedication and hard work of all our staff. I am excited with these new developments and what the future holds for Crowleys DFK”, James O’Connor concluded.

27 August 2019 – Crowleys DFK, one of Ireland’s leading accounting, tax and advisory firms, is delighted to announce the appointment of David Coombes as a Partner in its Public Sector Services Department.

New Partner Promtion: David Coombes, Partner, Public Sector Services

Pictured: (l-r) James O’Connor, Managing Partner and David Coombes, Partner, Public Sector Services

David joins the partner group having previously held the position of Director within the Public Sector Services team. David joined the firm in 2006 and is highly experienced leading public sector financial and business advisory assignments in areas such as financial reporting framework implementation, management information system design, strategic finance support, risk management and governance compliance.

Commenting on the appointment, Managing Partner, James O’Connor said, “David’s appointment, along with our other senior promotions announcement last month, reflects the firm’s continued strong growth and our commitment to the long-term career development of our staff. I am delighted to see so many of our people moving ahead in their careers.

I would like to congratulate David on this important career milestone. His appointment is a thoroughly deserved recognition of the outstanding contribution he has made to the growth of the practice over the years and for his hard work and commitment to the firm and to our clients.”

New Partner Promotion: David Coombes and Vincent Teo

Pictured: (l-r) Vincent Teo, Partner and Head of Public Sector Services and David Coombes, Partner, Public Sector Services

According to Vincent Teo, Partner and Head of the Public Sector Services Department, “Crowleys DFK remains one of only a handful of accountancy firms in Ireland with a dedicated Public Sector Department. As the Department reports rapid year on year growth, it is important for us to have strong leadership to carry on this momentum, and to ensure that we deliver a seamless and consistent service to our public sector clients as they navigate the substantial financial reporting, governance and internal control compliance that is placed upon them.

David’s appointment will provide a great boost to the leadership team. He is consistently well regarded by clients and is a great addition to our partner group.”

Commenting on his promotion to Partner, David Coombes said: “I’m delighted to have been given this opportunity and feel very fortunate to be part of a firm which offers the best career development opportunities possible for its staff. I see an exciting future ahead for both the firm and the Public Sector Services Department. I look forward to working closely with the Partners and our talented team to continue to grow the firm and broaden our services to our clients.”

Edward Murphy, Head of Tax, was featured in Cork Chamber’s 200th anniversary magazine. He discusses Cork, the local Cork SME sector and it’s success on the domestic and global stage.

You can read the full interview below.

Q:   What’s it like to do business in Ireland’s fastest growing city region?

A:   It’s hard not to be excited by the hive of activity in Cork in recent years – from the myriad of new developments, a growing workforce and a thriving third-level education sector to the region’s continued success in attracting high-value overseas investment. However, it’s the global success of our indigenous Cork SME sector that is, perhaps the most exciting.

Q:   Why have indigenous Cork SMEs been so successful locally and globally?

A:   While Cork has a well-earned reputation in attracting and retaining foreign direct investment, the support it offers homegrown entrepreneurs and SMEs is second to none. Innovation and the ambition to think globally is nurtured through an excellent support ecosystem of start-up incubators, accelerator programmes and research, development and innovation hubs; backed by local business organisations, third-level institutions, and public and private investors.

Q:   What are the key challenges facing SMEs looking to expand overseas?

A:   The continued uncertainty surrounding Brexit is currently the biggest challenge facing SMEs that trade with the UK. However, a constant challenge relevant to all markets is access to local, trusted and reliable professional connections and advice overseas. This is a key step in any global expansion strategy and is often a major stumbling block for many businesses. Understanding how to do business in a new jurisdiction can be time consuming and expensive when you don’t have a local relationship or know where to go to get the proper advice.

Q:   Can you describe how Crowleys DFK can help SMEs with their international growth strategies?

A:   At Crowleys DFK, we understand the challenges faced by our SME and owner-managed business clients. We are proud of the reputation and long-term relationships we have built with them over the years. They represent a diverse range of today’s most innovative and high-performing industries and sectors, including information and communications technology, life sciences, manufacturing and consumer products.

We have been a member of DFK International since 1993. This worldwide association of independent accounting, tax and business advisory firms has over 220 member firms covering 92 countries. We have a long history of working with other DFK Firms. It’s through these strong relationships that we can deliver a complete international service to clients.

Whether it’s getting advice on taking on two employees in Germany, accessing capital markets in London or New York or helping technology companies expand into San Francisco, we connect our clients with trusted professionals throughout the world. In many cases our clients prefer to deal with us and in these instances, we instruct the other DFK firms. This means clients can concentrate on their business and don’t need to spend time developing new relationships abroad.

We have all the right connections to help businesses achieve their ambitions – locally and globally.

Contact us today for expert advice on growing your SME.