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EY (Big Four Accounting) to expand NOLA office
Posted on 5/6/19 at 3:18 pm
Posted on 5/6/19 at 3:18 pm
LINK
Most of the positions are going to be in internal firm services, with a few being new risk advisory positions.
So not like they are adding 200 new CPA jobs. But... these are still good jobs with a global company.
And...
Good news for the NOLA area.
quote:
Ernst & Young, an international accounting and business services firm, will create an administrative support center in New Orleans that will add 200 employees in the next three years, city, state and economic development officials announced Monday (May 6).
Most of the positions are going to be in internal firm services, with a few being new risk advisory positions.
So not like they are adding 200 new CPA jobs. But... these are still good jobs with a global company.
And...
quote:
No state or local incentives were part of the expansion, according to Greater New Orleans Inc.
Good news for the NOLA area.
Posted on 5/6/19 at 3:22 pm to LSUFanHouston
quote:
So not like they are adding 200 new CPA jobs.
As busy as my buddy has been these last few months, he's wishing they would
Posted on 5/6/19 at 3:25 pm to LSUFanHouston
Good to hear. I feel like 90%+ of in-state accounting grads head to Houston or elsewhere - so this is a step in the right direction.
Posted on 5/6/19 at 3:49 pm to Enfuego
Don’t think this expansion will be accounting graduates unfortunately.
Posted on 5/6/19 at 3:50 pm to LSUFanHouston
I read one of the job postings on linkedin...Sounds like a large number of administrative assistants. I wonder why they need 175 in one office
Posted on 5/6/19 at 3:51 pm to Olric
I would venture they will support many business functions outside LA. NOLA is cheap.
Posted on 5/6/19 at 3:52 pm to Sherman Klump
Thats what my coworker and I figured...Much cheaper to hire a scheduler for a California office in NOLA than it is in San Diego
Posted on 5/6/19 at 3:57 pm to LSUFanHouston
Great news!
Time for Deloitte and PWC to step up.
Time for Deloitte and PWC to step up.
Posted on 5/6/19 at 3:57 pm to Olric
quote:
Thats what my coworker and I figured...Much cheaper to hire a scheduler for a California office in NOLA than it is in San Diego
Looks like 25 risk advisory positions (which would be CPAs or equivalents) and 175 firm support positions.
The firm support could be anything basic from billing, scheduling, admin assistants, travel, etc, to more professional stuff like HR, recruiting, and training.
I would guess a lot of those positions are ones that pay 35-40K a year and don't require more than a HS education. But this city needs jobs like that... jobs that pay decently, if not greatly, but provide benefits and stable work.
Posted on 5/6/19 at 3:59 pm to LSUFanHouston
quote:
LSUFanHouston
You'll need a name change
LSUFanNewOrleans.
Good luck with the move back
This post was edited on 5/6/19 at 4:01 pm
Posted on 5/6/19 at 4:23 pm to LSUFanHouston
Got to start somewhere. We need to develop workforce!
Posted on 5/6/19 at 4:47 pm to LSUFanHouston
EY will expand its office space, located in the Hancock Whitney Center, to 41,000 square feet. The space was formerly One Shell Square, EY is occupying an additional floor of the office tower to house its NEAT center.
In addition to the 200 new jobs, EY will retain 180 existing jobs in New Orleans. Louisiana Economic Development estimates the expansion will result in an additional 97 new indirect jobs, for a total of nearly 300 new jobs in the Southeast Region of Louisiana.
In addition to the 200 new jobs, EY will retain 180 existing jobs in New Orleans. Louisiana Economic Development estimates the expansion will result in an additional 97 new indirect jobs, for a total of nearly 300 new jobs in the Southeast Region of Louisiana.
Posted on 5/6/19 at 4:54 pm to LSUFanHouston
it's about time they created a risk advisory branch in NOLA
now just get a little bigger so I can come home
now just get a little bigger so I can come home
Posted on 5/6/19 at 6:03 pm to LSUFanHouston
quote:
And...
quote:
No state or local incentives were part of the expansion, according to Greater New Orleans Inc.
Good news for the NOLA area.
Pretty sure this happened here cause the labor is cheaper than an EY office in New York or Chicago hiring an administrative assistant. Instead they hired a bunch of people in New Orleans to work remotely and be the administrative assistant for those offices. So EY gets cheaper labor and New Orleans gets more jobs without having to add incentives.
Win-win
Posted on 5/6/19 at 6:05 pm to Sherman Klump
Nm
This post was edited on 5/6/19 at 6:06 pm
Posted on 5/6/19 at 6:10 pm to Hazelnut
quote:
Pretty sure this happened here cause the labor is cheaper than an EY office in New York or Chicago hiring an administrative assistant. Instead they hired a bunch of people in New Orleans to work remotely and be the administrative assistant for those offices.
Yep, my big 4 firm does the same. Mostly to Florida but India as well
Posted on 5/6/19 at 6:13 pm to LSUFanHouston
Good news.
If all goes well maybe some CPA jobs will follow.
If all goes well maybe some CPA jobs will follow.
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