Careers and Jobs

MASTERCHEFS – Fear for over 600 jobs.

FEARS are growing for over 600 jobs at Masterchefs after the hospitality giant for the corporate sector signalled plans to appoint a liquidator.

The company has been in operation for more than 20 years and employs about 200 full-time staff and 400 part-time.

The company services some major contracts including the Irish Open, the Curragh and Fairyhouse.

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GOOGLE NEWS MEANS GREAT NEWS FOR IRELAND & POTENTIAL JOBS

Google keep on moving up and this is great news for Ireland. Indication is that there will be more investment and more jobs. Google is ahead a huge employer in Ireland but looks set to get even bigger. Read the report on Google below.

Internet giant Google is set to increase investment at its Dublin base and hire more staff on the heels of strong third-quarter results.

Chief executive Eric Schmidt confirmed the news yesterday in Killarney where the company was hosting its European employee conference — Engage 2009.

He said that as global revenues grow, so too would Google’s investment in Ireland where the company employs 1,500 at its Dublin base on Barrow Street.

“The majority of global revenues go through here. We will be looking to hire,” Mr Schmidt said.

Despite the tough economic environment, last week Google reported a 7pc increase in third-quarter revenues of $6bn, prompting Mr Schmidt to say the worst of the recession was behind the company and that he planned to invest heavily in the company’s future.

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The New York Stock Exchange creates 400 jobs in Belfast

It has been announced that 400 new jobs will be created in Belfast as the result of a major new investment by The New York Stock Exchange. The New York Stock Exchange plans to establish a high-tech service centre in the city and says the jobs will come on stream over the next three years.

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US firm Harris Corporation will be closing its plant in Cork with the loss of 119 jobs. The staff were told at a meeting last week and the decision will impact 69 full-time and 50 part-time workers.

The company, which makes security electronic devices, The company was formerly known as Tyco Electronics and manufactures security electronic devices. The US multi-national said the decision was taken because of existing capabilities elsewhere in the company.

Some great jobs news for Monday morning – PAYPAL has announced that it will be creating 100 new jobs in Dublin. Read the full story below. For all the latest jobs news in Ireland – CAREERS & JOBS.

Online payment giant PayPal has announced it is to create 100 new jobs at its Dublin facility.

The firm, which currently employs 950 people at its European Centre of Excellence in Blanchardstown, is to expand its customer service operations, recruiting candidates with fluent English and a second European language.

PayPal opened its European operations centre in Dublin in 2003, when it employed just 25 people. This latest recruitment round will bring to 1050 the number of people working for the eBay subsidiary in Ireland. The Dublin centre manages all direct customer contact for PayPal’s businesses across Europe.

Six months ago the Taoiseach Brian Cowen officially opened PayPal’s European Centre of Excellence, at which time the firm announced it would invest USD15 million to support the development of its Irish operations. The Taoiseach has welcomed the new jobs saying they represent “a major vote of confidence in Ireland as a location for investment”.

Just under half (45 percent) of PayPal’s revenue comes from its international business, with the bulk of this revenue coming from PayPal’s European markets. PayPal processed more than USD15 billion in total payments volume (TPV) in Europe in 2008.

The Government is keen to enhance Ireland’s reputation as an ideal investment location for global multinationals. This announcement from such a high profile company as PayPal will serve as positive affirmation of Ireland’s potential and should be seen as a welcome advertisement for Ireland Inc.

Tecnotree to let 80 staff go

Finnish company Tecnotree (formerly Tecnoman) has announced that it will be seeking 80 redundancies from a total of 141 employees in Shannon. Staff cuts are due to the current economic conditions and a reduction in demand for its products and services. The company supplies business and operations support systems for telecom operators.

Aer Lingus cut 676 jobs.

Aer Lingus announced that it will cut 676 jobs in a bid to reduce annual costs by almost €100m before 2011. 489 jobs will be cut from amongst its pilots, cabin crew and ground staff. The other 187 jobs will be office operations by the end of 2011.

GE Money expected to cut 50 jobs

It is expected that 50 jobs will be lost at the GE Money based at Shannon as a result of a company restructuring. The company which employs 178 staff in Shannon is involved in the sale of financial products including insurance, mortgages, car and personal loans, financial brokerage and equipment finance leasing.

Microsoft has opened a datacentre in west Dublin which could create up t 35 jobs. Read the full story below courtesy of the IRISH TIMES.

Microsoft has opened a new “mega datacentre” in west Dublin to support growing demand for online services, the first such centre opened outside the US.

The centre is part of the company’s strategy to build its cloud computing capacity and network infrastructure to meet the demand generated from its Online, Live, and Cloud services, such as Bing, Microsoft Business Productivity Online Suite, Windows Live, and the Windows Azure platform.

The 303,000 square-foot facility represents an investment of $500 million. Microsoft representatives said up to 35 jobs could be created as a result of the new centre.

The company is not publicising the exact location of the centre, citing security reasons.

Speaking at the centre’s official opening, Taoiseach Brian Cowen said economy needed dynamic, innovative companies to help rebuild the economy.

“We envisage a high-value, export-led economy with companies creating the products and services of tomorrow and providing high quality employment for our people,” he said.

Microsoft International president Jean-Philippe Courtois said the opening of the new centre was a “milestone” in the company’s European investment and would provide critical infrastructure for local delivery of next generation online services for businesses and consumers.

The new services provided in the Irish economy by the centre will help drive efficiency and cost gains fro businesses here, Microsoft Ireland’s managing director Paul Rellis said.

“The opportunity that the cloud represents to cut costs and completely transform how information technology is run within organisations is something that could have a significant impact on the overall economic recovery efforts,” he said.

“A healthy indigenous business community will be at the heart of our future economic success. Already we have some of Ireland’s brightest innovators and entrepreneurs who are working with us through the BizSpark programme – engaged and involved with the cloud. I would encourage all organisations of all sizes to look at the potential that this new platform offers and to consider how they might take advantage of it within their own operations.”

NEW JOBS FOR CORK – MCAFEE CREATES 120 NEW JOBS

Cork may have lost the All Ireland but the new jobs announced may soften the blow.

Security software firm McAfee will create 120 new jobs in Cork. These jobs will come as part of an expansion at its operation in the city. The expanded facility will include McAfee’s sales operations for its European, Middle Eastern and African division. There are currently 170 employees at headquarters in Cork the home of the company’s software operations.

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Irish Jobs released postive job data and I noted that Galway was experiencing highest groths in job activity. It should be no surprise then that Cambus Medical announced the creation of 60 new jobs.

A medical device company in Spiddal, Co Galway, has said it will create 60 new jobs over the next three years bringing its workforce up to 85 people. Cambus Medical currently employs 25 people in Spiddal. Half of its current employees are third-level graduates. Cambus Medical has recently expanded its facility in the Baile an tSagairt Industrial Estate.

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I have been asked by a client for help to source a Fund Administrator. Below you will find the job description and contact details.

FUND ADMINISTRATOR – TRANSFER AGENCY – DUBLIN

Main Duties and Responsibilities
- Process telephone, fax and emailed subscriptions, redemptions, transfers, and switches for a range of onshore and offshore funds.
- Resolve dealing related enquiries by email and by telephone, supplying information relating to funds’ portfolios, prices, dealing procedures, markets and currencies.
- Liaise with local offices, clients and shareholders around the world.
- Processing paperwork for trades and related activity.
- Maintain shareholder register and investor files
- Process Dividend payments
- Prepare and distribute of shareholder statements and Investment Manager Reports.
- Distribute Interim and End of Year Financial Reports to Shareholders
- Ensure compliance with anti-money laundering procedures
- Reporting of Fund transactions to Fund Accountants
- Daily Reconciliation of Cash Accounts
- Timely resolution of audit requests

Required:
- Fully understand the dealing process and rules, particularly in respect of restricted funds and delayed deals.
- An understanding of investor related requirements
- To be organised and methodical in their approach to work with an eye for detail.
- To be proactive in sharing information with other team members and assisting others when necessary.
- Team player who will participate and contribute in team meetings.
- To be a self starter, enthusiastic, flexible and motivated to learn and develop as the department evolves
- Good interpersonal and communication skills and an ability to work on their own initiative.

Candidate Profile:

- Ideally, the candidate should have a minimum of 2 years experience within Transfer Agency.
- Computer literacy is essential, skilled in the use of Microsoft Excel and Word.
- Knowledge of varying fund types such as Retail Funds, Mutual and Hedge Funds.
- Third level / business school qualification desirable.

If you meet the exact requirements below please forward your CV to Recruitment@eu.FastnetGroup.com . NB: Please put CAREERS & JOBS – FUND ADMINISTRATOR in the subect box of your email.

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