May 2011 Newsletter for Accounting Professionals in Houston, Texas

Industry News and Updates

I hope you are having a great 2011. It has been an interesting year so far and there is a lot of new economic data as it relates to the Great Recession and Houston. According to the information I have received from the Greater Houston Partnership the Great Recession started in December 2007 and lasted for 18 months. Houston was more fortunate and entered the recession in September of 2008. Houston actually experienced the shortest downturn of 16 months. According to the data our city started adding jobs again in January 2010. We lost over 121,000 jobs during recession (New York lost 389,600 and L.A. lost 519,500). So again we really weathered the storm much better than other cities around the U.S. The GREAT news is that we have recouped a lot of the lost jobs and are past the half way point in the recovery. As a Recruiter I can definitely tell you that the market is shifting in Houston. This may be a good time to dust off that resume that you have not looked at in over 2 years. The job market is improving and companies are starting to add headcount again! I will send my next update in July.

I try to post most of our news jobs on my blog (updated 3 to 5 times a week):

https://dianedelgadolemaire.wordpress.com/

You can also follow me on Twitter: @CPARecruiterHOU

Local Statistics:

  • National / Houston Unemployment Rate: 9.0% / 8.3%
  • Price of Oil:  $102.00 (last year $80)
  • Oil Rig Count: 1720 (last year 1419)
  • Industries hiring: Exploration & Production, Manufacturing, Service Companies, Oil & Gas Field Services & Healthcare
  • Positions in demand: TAX (all levels), Financial Analysts, Senor Accountants, Auditors & Controllers

Industries not hiring or flat: Homebuilding, Small Construction companies

  • IT Auditor- Downtown (Less than 20% travel)
  • Controller – Galleria – 80 to 9
  • Audit Manager – Galleria – Looking for Seniors ready for the next step – 80 to 85K
  • Staff Accountant – Alvin
  • Senior Tax Accountant – Galleria – 50 to 80K (Federal & State)
  • Tax Accountant – Downtown – 50 to 80K (International)
  • Senior Banking Auditor – Galleria – 65 to 80K
  • Tax Accountant – Downtown -75 to 90 (State & Local)
  • Senior Internal Auditor – Greenway – 65 to 75K
  • Staff Auditor – Galleria – 45 to  50K
  • Financial Analyst – DT – E&P, 65 to 85K
  • Accounting  Manager – Sugar Land – 100 to 120K
  • Controller – Sugar Land – 110 to 130K
  • Controller – Downtown – 130 to 150K
  • CFO / VP Finance – Private Equity – 125K plus 25K bonus
  • Inventory Accounting Manger – West – 85 to 95K
  • Credit Manager – Southeast – 75 to 85K
  • SEC Accountant – Greenway – 55 to 70K
  • Senior GL Accountant – Southeast – 60 to 75K
  • Senior Auditor (Rotational Role) 50% Travel – Fortune 500 – 60 to 85K
  • Fixed Asset Supervisor – 90 to 110K – Galleria
  • Payroll Accountant (Oracle) – 55 to 70K – Northwest Houston
  • Payroll Accountant (Canadian) – 65 to 75K – Southeast Houston

 

Diane Delgado LeMaire | Senior Managing Director, Accounting & Finance Recruiting | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 | 713-260-5238 | dcd@fittsroberts.com| Blog| Twitter| LinkedIn

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