Business

New RSM financial shared service centre creates 24 jobs in Belfast

RSM associate director Suzanne Wilmott with Invest NI director George McKinney
RSM associate director Suzanne Wilmott with Invest NI director George McKinney

ACCOUNTING and advisory firm RSM has established a financial shared service centre (FSSC) in Belfast as part of a £1.3 million investment which is creating 24 jobs and pumping £650,000 a year in additional salaries into the economy.

The centre will provide outsourced financial services to the company’s UK and international clients, including financial processing, bookkeeping, reporting and analytics services.

And recruitment has already begun for a finance operations manager and a range of financial bookkeeping specialist roles.

Suzanne Willmott, the firm's associate director and head of the large corporate centre for outsourcing, said: “A key part of our growth strategy is to increase our global service capabilities, and this new FSSC centre in Belfast will be crucial to this.

“We are always striving to better understand our clients’ requirements and know there is a need to simplify, standardise and automate financial processes. This is especially important with the challenges businesses are facing at the moment.

“The new team in Belfast will mean we can now offer a complete end-to-end outsourced service to our global RSM clients through our NetSuite platform, and emerging technologies such as artificial intelligence (AI) and robotic process automation (RPA).

“The combination of highly skilled talent on offer in the local financial sector, and support from Invest NI, made Northern Ireland the best choice for this new team over far-shore locations.”

Invest NI has offered the company £98,400 of support towards the creation of the new jobs.

The agency's director of technology & services George McKinney said: “Northern Ireland’s financial and professional services sector has a strong global reputation, with Belfast ranked as the world’s top destination for financial technology investment projects.

“We have a long-standing relationship with RSM and our support over the years has helped it to build its presence here through job creation and staff training.

“This new outsourcing team in Belfast will help RSM broaden the service it offers to its clients, and play an important part in plans to expand into new international markets.”