Associate - NewERA

National Treasury Management Agency; Dublin; On-site; EUR 45,000 - 55,000; Part time

Benefits offered by this job

Competitive salary and 23 days annual?

Career average defined benefit pension

Education funding and paid study leave

Professional membership fees reimburs

Job summary

The National Treasury Management Agency (NTMA) is seeking a Corporate Finance Associate for the New Economy and Recovery Authority (NewERA) on a 23-month fixed-term programme starting September 2027. It targets graduates with degrees in Finance, Business, Economics, Accounting or Commerce.

You will work across portfolio companies, supporting financial analysis, briefing notes and recommendations for senior stakeholders, with a focus on climate-related and capital initiatives.

Qualifications

• Graduates with a degree in Finance, Business, Economics, Accounting, Commerce or a related discipline.
• Minimum 2.1 honours degree or 2.1 Masters.
• Eligible to work in Ireland (Irish/EEA citizen, Stamp 4, Stamp 1G visa).

Responsibilities

• Develop understanding of Portfolio Companies and assist NewERA in financial advisory.
• Prepare accurate, commercially focused reports for Government Ministers.
• Support financial analysis of Portfolio Companies, including reviews of statements and plans.
• Assist with capital investment assessment, mergers, acquisitions, disposals, and JVs.
• Support modelling and scenario analysis; research sector trends and prepare briefing notes.

Education

Finance, Business, Economics, Accounting, Commerce or related discipline

Job description

Job Title: Corporate Finance Associate - New Economy and Recovery Authority

Division/Function: NewERA

Contract Type: 23 Month FTC

Commencement Date: September 2027

• Closing Date for Applications: 9th October 2026 ****

Summary of the Business:

The National Treasury Management Agency (NTMA) provides asset and liability management services to the Irish Government. It has evolved from a single function agency managing the National Debt to a manager of a complex portfolio of public assets and liabilities.

Businesses managed by the NTMA include borrowing on behalf of the Government and the management of the National Debt, the State Claims Agency, the New Economy and Recovery Authority (NewERA), the Ireland Strategic Investment Fund, National Development Finance Agency and the NTMA Future Ireland Funds business unit with responsibility for the management of the Future Ireland Fund and Infrastructure, Climate and Nature Fund.

The NTMA also assigns staff to the Strategic Banking Corporation of Ireland (SBCI) and Home Building Finance Ireland (HBFI).

Role Summary:

This is an exciting opportunity for talented and motivated graduates to join the NewERA unit of the NTMA on a 23-month Associate Programme commencing in September 2027. The programme is open to graduates with a degree in Finance, Business, Economics, Accounting, Commerce or a related discipline.

NewERA division:

NewERA provides a dedicated centre of corporate finance expertise to the Government. Its core role is to provide financial and commercial advice to Government Ministers in relation to major commercial State companies (together, the Portfolio Companies): AirNav Ireland, An Post, Bord na Móna, Coillte, Córas Iompair Éireann (including Dublin Bus, Iarnród Éireann and Bus Éireann), daa, Dublin Port Company, EirGrid, Gas Networks Ireland, ESB, Housing Finance Agency, Irish Aviation Authority, Land Development Agency, Port of Cork, Port of Waterford, Shannon Foynes Port Company, Shannon Airport Group, RTÉ, TG4, Uisce Éireann and Vhi.

NewERA’s approach is to facilitate an enhanced level of active ownership by the State as shareholder in the Portfolio Companies. Combined, the State as shareholder has over €37bn of capital invested in the Portfolio Companies.

As part of its financial advisory role, NewERA also assists Government in monitoring the delivery by the Portfolio Companies of their climate action targets and periodically reports to Government on developments in sustainable finance. It also works with the Portfolio Companies and public bodies, to identify priority opportunities in key sectors to mobilise private investment towards assisting in meeting our climate objectives.

For further information, please see:

The Associate will be required to work alongside all colleagues across the full range of NewERA’s activities. The Associate will support the NewERA team through day-to-day duties including but not limited to, the below tasks:

• Develop a strong understanding of the Portfolio Companies and assist NewERA in its financial advisory role on these Portfolio Companies.
• Support in the preparation of accurate, commercially focused and insightful reports capable of presentation to relevant Government Ministers.
• Support the financial analysis of the Portfolio Companies, including review of financial statements, budgets, forecasts, business plans and investment proposals.
• Assist in the assessment of major capital investment projects and strategic initiatives undertaken by the companies as they arise.
• Assist with relevant financial analysis relating to mergers, acquisitions, disposals, JVs and other transactions.
• Support financial modelling and scenario analysis to support advice provided to Government Departments and Ministers in relation to the companies.
• Research sector trends, market developments and economic conditions as they relate to the companies.
• Support the preparation of briefing notes, presentations and recommendations for senior management and stakeholders.
• Participate in cross functional projects working across the team, as required.
• Liaise with a wide range of stakeholders, in particular Government Departments and the Portfolio Companies.

At the end of the programme the successful Associate will have developed a solid knowledge base of NewERA and the wider NTMA.

Working at the NTMA offers excellent benefits including:

• Competitive salary and 23 days annual leave
• Career average defined benefit pension scheme
• Education funding and paid study leave
• Reimbursement of annual professional membership fees
• Excellent learning and development opportunities that allow for full career development within the organisation
• Extensive workplace wellbeing programme
• State of the art facilities with sustainable modern workspaces
• Advanced technology enabling flexible and hybrid work options
• A diverse range of initiatives: LGBT+, Gender Matters, Disability Advocacy, Sports & Social, Volunteering and lots more.

Learning and Development:

Typically, Associates within this division also undertake professional qualifications such as ACA, ACCA, CIMA, CPA, CFA. They are supported through the full range of NTMA study supports, complemented by a comprehensive Associate Development Programme, an Associate network spanning the NTMA, and extensive on-the-job learning opportunities.

Do you have what it takes?

Are you ambitious, commercially minded and diligent? Do you have what it takes to excel in a challenging, fast-paced team environment? Do you have the flexibility to adapt to different environments and responsibilities?

Successful candidates will have a minimum of a 2.1 honours degree or a minimum of a 2.1 Masters, ideally in a related discipline.

Applicants must have the correct legal status to work in Ireland (Irish Citizen, EEA Citizen, Stamp 4, Stamp 1G Visa).

The NTMA are strong believers in the value a diverse work force brings to our business endeavours. We can accommodate candidates with a disability at every stage of our process. Should you need any additional support, please don’t hesitate to contact our Disability Liaison Officer - Laura Finnegan

Pension Abatement

If an appointee has previously been employed in the Civil or Public Service and that appointee is entitled to or in receipt of a pension from the Civil or Public Service or where a Civil/Public Service pension comes into payment during the appointee’s re-employment that pension will be subject to abatement in accordance with Section 52 of the Public Service Pensions (Single Scheme and other Provisions) Act 2012.

Please note: In applying for this position, you are acknowledging that you understand that the abatement provisions, where relevant, will apply. It is not envisaged that the employing Department/Office/Body will support an application for an abatement waiver in respect of appointments to this position.

Applicants will be required to complete a pre-employment declaration to confirm whether they have previously availed of a public sector pension scheme.

The NTMA is proud to be an equal opportunities employer. We recognise that a diverse and inclusive workplace informs better decision making, creative thinking, innovation and drives business performance. We are strongly committed to ensuring that our workforce is representative of our society.