Deloitte to add 3,000 new hires in S'pore within five years

Accounting giant aims to double its 13,000 headcount and $1.3b revenue in S-E Asia

- Krist Boo

Big Four accounting giant Deloitte plans to add around 3,000 new employees in Singapore within the next five years as part of its growth plans across the region.

About a third of the new jobs here will support its regulatory services such as audit and tax.

Deloitte aims to double both its 13,000 headcount and US$1 billion (S$1.3 billion) revenue over the next five years in South-east Asia, where demand for its professional services is expected to surge.

Incoming South-east Asia chief executive Eugene Ho outlined the plans at a briefing on March 16 to announce his June 1 takeover from two-term chief Philip Yuen.

"We are open to recruiting from all educational backgrounds, including accountancy, engineering and business, and even psychology students. We are willing to attract good talent and train them," he said.

While about 70 per cent of its new hires will be for services such as consulting, risk advisory and financial advisory and assurance services, Mr Ho underscored the continued importance of traditional accountancy skills.

"I can attest that the skills and acumen required of accountancy are valuable," he said. "Accountants are highly quantitative, analytical and understand the finance language. They are not only sought after as auditors and tax professionals, but they are also recognised as strong assets by consulting practices."