Mazars turnover leaps towards £10m

Peter Jibson: Momentum has continued to build on last year. Picture: Contributed

The firm has been capitalising upon upheaval in the accountancy sector. In October, it hired a team of eight partners from the former Edinburgh office of RSM Tenon following its collapse into administration and subsequent acquisition by Baker Tilly.

Mazars also recruited 23 other staff during the final quarter of 2013. The addition of the latest dozen posts will take employee numbers north of the Border to 112.

The recruitment drive is being fuelled by a surge in Scottish business for the firm, which is predicting a 50 per cent rise on last year’s turnover of about £5.8 million. This will leave the business less than £1.5m shy of the £10m target set by Peter Jibson, Mazars’ managing partner in Scotland, for the end of 2015.

“The end of last year saw a major turning point for us as we brought in the new partner team in Edinburgh, which was a game changer for Mazars in Scotland,” Jibson said.

“The momentum from these appointments has not slowed and we have continued to recruit in significant numbers in order to support our enlarged activities and allow us to capitalise on our expanded position in the market.

“It is very pleasing to be the firm of choice for so many new clients and also for the talented individuals who have joined in recent months.”

Positions are being filled at Mazars’ offices in Edinburgh and Glasgow. The Perth office, which opened last year, is also recruiting.

The firm, which operates in 72 countries with 18 offices across the UK, said it had widened the range of services it offers to “global plcs, fast-growing international businesses and well-established Scottish entrepreneurial and family businesses”.

A “renewed focus” on its private client offering means that it is further developing its services in that area, too.