RSM establishes new Northern Ireland Financial Shared Service Centre

Audit, tax and consulting services provider, RSM has established a Financial Shared Service Centre (FSSC) in Belfast as part of a significant investment in its outsourcing practice, creating 24 jobs.

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

Announcing RSM’s decision to expand in Northern Ireland, Suzanne Willmott, 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 that 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.”

George McKinney, Invest Northern Ireland’s Director of Technology and Services, 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 longstanding relationship with RSM and our support over the years has helped it to build its presence here through job creation and staff training. We have continued to work closely with the company and are pleased to have helped secure this reinvestment for Northern Ireland.

“This new outsourcing team in Belfast will help RSM to broaden the service it offers to its clients, and play an important part in plans to expand into new international markets. Once in place, the jobs will generate over £650,000 in additional annual salaries which is welcome news for our economy.”

Along with strategic business advice, Invest NI has offered the company £98,400 of support towards the creation of the new jobs. Job opportunities include a Finance Operations Manager and a range of Financial Bookkeeping Specialist roles.

Recruitment is underway and the Centre’s teams continue to successfully deliver bookkeeping and management reporting services remotely from home.

* FT FDI Markets 2019