Accountant Online has announced plans to triple its workforce with 100 new jobs over the next four years.

Accountant Online offers financial and business services to companies mainly in the tech, software and consulting sectors

The company said the new jobs will be in the accountancy and technology fields with ancillary staff also being hired to bring the total workforce to 150 by early 2026.

Set up in 2015, Accountant Online was one of the first in the country to use a remote working model prior to the pandemic and offers all staff the opportunity to work remotely.

It currently has 51 employees at its offices in Dublin, Derry, Letterkenny as well as staff who work remotely across the island of Ireland and overseas.

The company also said that it had exceeded its growth predictions as it reported a 45% increase in turnover during the Covid-19 pandemic as companies realised the benefits of using online accountants.

Its turnover rose to €2.1m in the year to the end of March and the company said it is on track to achieve turnover of €3m this year, while it is predicting turnover of €10m by its year end in 2026.

Chief executive and founder Larissa Feeney said that Accountant Online has been growing steadily and today announced the next phase of its development with 100 jobs over the next few years.

"When I set up the company, the accountancy industry was still at a very traditional stage and, while there has been a lot of digital transformation in the industry, there is still a lot more room for clients to benefit from further innovation and digitisation," Ms Feeney said.

"Technology has always been core to our business and that has allowed us to capitalise on the move by customers towards digital professional services, the pace of which has been accelerated by the Covid-19 pandemic," the CEO said.

"Dramatic advances in CRM and cloud technologies are also allowing us to service our clients really well and more efficiently than traditional accountancy practice methods," she added.