Mayo-based accounting firm to create hundreds of new jobs

Mayo-based Ifac – now one of Ireland's leading accounting, tax and business advisory firms – is celebrating its 50th anniversary this year with ambitious plans for further expansion, including the creation of 400 new jobs over the next three years.

With revenues expected to hit €50 million, Ifac has transformed from its humble beginnings to become a top 10 accountancy and advisory firm.

Founded in 1975, Ifac began as a specialist advisor to Irish farmers. Over five decades, the firm has seen remarkable growth, from undergoing a successful rebrand in 2018 to expanding its services in farming, food, agri-business, the SME space, tax and audit, thereby meeting and exceeding client needs.

The firm’s continuously evolving growth strategy has included completing key acquisitions and diversification, service innovation, and significant investments in both people and technology. To further support its growth, Ifac is planning to create 400 new jobs over the next three years and expand its services across the country.

With its growing 30-office footprint, today Ifac boasts a dedicated team of 580 professionals supporting almost 30,000 clients across the country. This includes 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.

Mayo man Seán Clarke, both a farmer and former chair of Ifac (he chaired for two terms from 2017 to 2021), said that with a strong reputation built on trust, community commitment and expert advice, the firm is not only reflecting on a proud history, but is investing boldly in the future and the communities where it operates.

He stated: “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.

“And as Ifac enters its next chapter, its mission remains unchanged: to help clients succeed on the farm, in business, and beyond.”