Interviews and Profiles

 In every issue of The Bottom Line, we ask students for their thoughts on a particular topic. This month, we want to know: What do you hope for in your career in 2024? Brendan Connor PwC In my current role, I am very fortunate to be able to work with clients that operate in a variety of industries. In 2024, I hope to continue to get this exposure to diverse industries and benefit from the learning opportunities this presents. I also look forward to developing my coaching and mentoring skills. I’ve found that, as an associate in a large practice, coaching junior associates is something that is often expected within your first two to three years of work. It’s one of the real benefits of working in a large practice, in my opinion. Lastly, a key priority of mine is being successful in my FAEs this coming year. Hopefully, I can get off to a good start with the AFR interim exam next month. Jessica Bourke EY In 2024, I hope to see my career grow by building my personal connections within  the business sector.  Over the past year, I have learned a lot about myself and where I want to go in life. Joining CASSL really helped me to build my confidence and showed me that I want to be more involved in the social aspects of the profession, as networking is vital.  Throughout the year, I have attended several events, and it has opened so many doors for me. I have landed opportunities by being myself and talking to everyone. I have connections now in sectors I didn’t think I would.  For 2024, I want to build on that. I want to attend more social networking events, and I want to develop who I am so I can advertise the best version of myself, whoever that may be.  So, for the next 12 months, I want to work on myself, my talents and my networking, and hopefully, by the end of 2024, I will be looking back and reflecting on how I have grown as a person. Peter McPhillips KPMG I hope to see the efforts I have put in recently prove fruitful in 2024.  I have aimed to gain exposure to all sorts of development and networking opportunities in recent years through my involvement with the Chartered Accountants Student Society and the Social Committee in my workplace. I believe this will pay dividends in 2024 as I look to broaden my horizons in the future. I am due to take the final set of my professional accountancy exams next summer, and this will hopefully be a huge, positive step forward in my career as it opens up many future avenues for an exciting career.  I look forward to the many opportunities ahead of me in 2024.

Reabetswe Moutlana, Manager in FSO Assurance – Aircraft Leasing at EY Ireland, talks to The Bottom Line about her time studying to become a Chartered Accountant in South Africa, the importance of always being open to learning and how much she admires her big sister Five years ago, where did you think you would be now? Have you lived up to your own expectations? I thought I would be a fully qualified Chartered Accountant living and working abroad as an audit manager. It feels great to know that that’s where I am right now. The only difference is that I am in Ireland instead of London, as life worked out.  However, this has come to be the best decision I have ever made.  Of course, like many, I imagined working in some high skyscraper building, doing some really important work. (I’m not currently working in a skyscraper, but definitely doing important work).  What has been the biggest challenge of your career?  Life after articles. The Chartered Accountant stream (from a South African perspective) means seven years of your life after high school are pretty much predetermined in that you do your undergrad, postgrad, articles and then qualify.  When you qualify, you have “limitless opportunities”. It can be pretty overwhelming planning out your first big move and which direction to take your career in. What do you wish you had known earlier in life? Someone told me that your career is long and that you, therefore, don’t have to have it all figured out at 25. Some people know from a young age exactly what they want, and some are still figuring it out. Both are perfectly fine. Where do you see yourself this time next year? Hopefully, I will be closer to my dream of pursuing an MBA in Europe. Who inspires you, personally and professionally? My big sister, Kamogelo Kroll, inspires me both personally and professionally.  I call her my deputy mom as she is 13 years my senior, and I have gained so much wisdom from her.  She is a qualified Chartered Accountant herself, and many will say I followed in big sister’s footsteps, which is actually untrue, as I planned my own journey. It just happened to be quite similar to hers.  I can, however, acknowledge that I have been incredibly blessed to have had someone who has walked this path before me and has guided me through, not just professionally but in my personal life, too.  My sister is my confidante, voice of reason and one of the coolest and most fun people I know.  How has being a Chartered Accountant changed your life? Being a Chartered Accountant has given me access to so many different opportunities and learning how businesses work.  I enjoy having access to different people within various organisations at varying levels of seniority and learning from them and about the work that they do. It broadens your view of many things.  If you weren't a Chartered Accountant, what do you think you'd be doing? I would still be in finance.  I really do enjoy finance and find it very interesting.  However, when I was younger, I wanted to be a paediatrician because I found the work that doctors do to be very fascinating and life-changing.  What advice do you have for those soon qualifying as Chartered Accountants?  Master the skill of being teachable and embrace learning. Also, try to surround yourself with people who are different from you. It‘s incredible how much you learn from people who think differently from you.

In every issue of The Bottom Line, we ask students for their thoughts on a particular topic. This month, we want to know: What do you hope to see in Budget 2024? Ellen Roycroft EY There is no denying the cost-of-living crisis is one of the largest issues faced by the Irish populace and that one of the main downfalls of this is the rising price of electricity and fuel.  The electricity credits afforded to all households last year helped with this burden substantially. I believe that a further instalment of these credits could set a buffer for those struggling to get through what will already be an expensive winter ahead. In addition to this, I would hope to see an increase in the fuel credit for those living in fuel poverty. The credit, in my opinion, should be extended and the criteria for meeting it relaxed.  With an increasing number of people needing financial help to heat their homes, this would help, in my opinion, both with the affordability of fuel for those already receiving the benefit and for those who may be just on the verge of fuel poverty. Aleksandar Elliot KPMG My hope is that Budget 2024 will be about helping those who need it most through the challenging environment we’re faced with currently, as well as building a more sustainable long-term future. In the short term, the focus should be on the most vulnerable and shielding them from the impact of inflation. Increases in pensions and fuel allowance, as well as help with back-to-school costs through child benefit, should be the top priority.  We cannot forget small businesses that would benefit from the retention of lower VAT rates that are due to expire. Finally, a key component of the cost-of-living crisis is energy. I would like to see the government seize the opportunity to help people reduce their energy usage, which will, in turn, help reduce bills whilst benefitting the environment in the long term. Retrofitting schemes, green finance and electric vehicle grants would be central to such efforts. Sean Cahill EY One of the biggest struggles for students and young professionals is affording rent. From battling to find suitable accommodation to being able to afford it, the housing crisis, in my opinion, is the biggest issue Ireland has now. Last year’s €500 rent tax credit was a brilliant first step in the right direction by our government in addressing this. However, with no short-term solution to this crisis, I feel it's the government's duty to provide further assistance. Since last year, rent has increased exponentially across urban areas in Ireland. Boosting tax credits and reliefs and even looking at setting rent ceilings would not only ease  the burden on tenants but also have a spin-off effect on local economies.  In the 2024 budget, I would love to see the government implementing a strategy to further help tenants and also show a clear long-term plan on how they intend to bring rental rates back to affordability.

Shane O’Brien, the newly appointed Chief Executive Officer of the Parkinson’s Association of Ireland, shares insights into career challenges, his future with his new organisation, and how he was destined for the not-for-profit sector Five years ago, where did you think you would be now? Have you lived up to your own expectations?  After finishing my training contract and being admitted as a member of Chartered Accountants Ireland, I knew that I wanted varied work and to make a difference. The Chartered Accountancy qualification gave me the skills to think on my feet and to become a strategic business leader. The skills that you develop during the qualification are invaluable no matter what direction your career takes. What has been the biggest challenge of your career?  I think trainees starting off tend to overestimate the importance of technical skills and underestimate the importance of soft skills such as communication. Certainly, the latter has proved to be the difference in terms of career progression and achieving my goals. What do you wish you had known earlier in life?  Young people tend to put a lot of pressure on themselves academically, which I can look back on now and see wasn't necessary. The most important thing about your career is that you enjoy what you're doing and that it challenges you.  It's also important not to make decisions based on what others may think. Where do you see yourself this time next year?  I will be a year into my new role at the Parkinson’s Association of Ireland and hopefully have moved the organisation forward in achieving the aims set out in the strategic plan.  I'm a firm believer in ongoing development and that "when you're finished learning, you're finished!" Who inspires you, personally and professionally? My parents were a great inspiration to me growing up for the sacrifices that they made.  People with Parkinson’s Disease and their families inspire me in my role, and I know that if we put them at the centre of all our decisions, then we will be moving in the right direction.  How has being a Chartered Accountant changed your life?  It's a life-changing qualification, and the prestige associated with it sets you apart no matter what role you put yourself forward for. The exams are stressful, but I found it to be an enjoyable qualification overall. The most difficult thing is balancing work with study. If you weren't a Chartered Accountant, what do you think you'd be doing?  I think I would have found my way into the not-for-profit sector even if I hadn't been an accountant.  What advice do you have for those who will soon qualify as Chartered Accountants?  Don't put too much pressure on yourself. Make sure you keep a work-life balance in order to cope with stress and try to have some sort of hobby or interest outside of work.  The end is in sight!

In every issue of The Bottom Line, we ask students for their thoughts on a particular topic. This month, we want to know: what are your thoughts on Irish neutrality? Karen Chandrakanth PwC Ireland’s policy of military neutrality has long been an important strand of Ireland’s independent foreign policy.  'Change' does not necessarily mean drastic; it can also mean to evolve – joining NATO is not the only option that confronts us.  We must also consider strengthening what we have and evolving our stance to further develop cyber, airspace and naval defences.  For every decision made regarding our neutrality and defences, there will be two sides to the argument. Whichever way we fall, our decisions must have an  impact for the better.  Change can happen in phases, but drastic or lack of change should not be an option. Sarah Byrne Browne RBK Chartered Accountants Ireland's neutrality has been questioned many times over the years, especially in recent times. I think we also need to question: has Ireland's neutrality been slowly eroded? For example, our governments have been encouraged to let America and other European countries use Shannon Airport as a stopover on their way to the Middle East. Our army also has peacekeepers in Africa. If this is a permanent arrangement, could our island be seen as a threat, and are we opening ourselves up to possible attacks from other countries with a grievance against the US or NATO?  Going forward, should Ireland have more safeguards in place? More and more nowadays countries are victims of cyber-attacks; how ready are we for these?  We remain neutral, so there wouldn’t be too much of a threat regarding the above but it begs the question of how we keep our neutrality whilst also trying to help others. Clodagh Murphy PwC Irish neutrality is a phrase which has been frequenting headlines in recent times.  Due to international events, most prominently the war in Ukraine, many have questioned  if Ireland’s neutral stance is still the best way forward.  This past June we watched with interest as a group of experts discussed this topic at the Consultative Forum on International Security.  A potential change to the current ‘triple lock’ process is an interesting development which has the potential to alter Ireland’s current peacekeeping abilities.  While discussions are still in the early stages, any policy change in this area has the potential to alter Ireland’s relationship with foreign powers. I will be following this story closely over the upcoming weeks and months!

Patrick McCarthy, Founder of Performance Labs, outlines what he wishes he had known earlier in life and his (lack of) advice for your future Five years ago, where did you think you would be now? Have you lived up to your own expectations? I’ve met my own expectations. Five years ago, I worked in a start-up trying to lend to SMEs in the Philippines. Now I operate a family business and have begun a four-year doctorate in performance psychology. What has been the biggest challenge of your career? I found my first year in KPMG quite challenging as well as the psychology involved in navigating the exams.  What do you wish you had known earlier in life? There are probably two things: You don’t need to figure it out on your own. Find someone a few years ahead of you and ask them what to do. It will save you so much time. There’s no secret formula. Anyone who seems like they have one probably got lucky. The median of successful people I’ve met or studied are consistent, deliberate and disciplined. Where do you see yourself this time next year? Year two of my doctorate, growing the family business, and hopefully working as a mental skills coach at the intercounty level – I’m currently working towards my sports psychology accreditation. Who inspires you? Professionally, three KPMG colleagues, Eamon Dillon, Naktita McCarthy and Breda Kinsella, all had a big influence on me equally. All three were so smart yet so hard-working. It was very easy to learn a lot from them. How has being a Chartered Accountant changed your life? There is no doubt that studying to be a Chartered Accountant changed my life for the better.  The people I met have challenged and inspired me to think differently. On top of that, I’ve learned skills through my exams and working in KPMG that have directly transferred to running a business and studying performance psychology.  If you weren’t a Chartered Accountant, what do you think you’d be doing? I’d be a sports psychologist! What advice do you have for those who will soon qualify as Chartered Accountants? Ignore all advice unless it’s from someone you admire and/or would swap places with. If you’re unsure about what to do after you qualify, ask yourself: “What industry/job would I work in if all salaries were equal?” and go from there.