July 2013

Industry News and Updates

July marks the beginning of the second half of this year and it also kicks off the busiest quarter (on average) for us at CFS. It has been a great 2013 so far.well minus the summer heat right now  According to the Greater Houston Partnership (GHP) Houston hiring is starting to slow down. We have been averaging a growth rate of 3.8 and 4.5 and that truly is just not sustainable. Our growth rate has dropped down to around 2%. Now don’t panic! That just means that we are growing twice as fast as everyone else vs. three times as fast. We are still the second fastest growing metro. Dallas is ahead of us and Tampa, Phoenix and Boston are right behind us. The good news is that we have added over 300,000 jobs since the bottom of the recession and Houston employment is at the highest level it has ever been. Again, all of this is according to the GHP. They also predict that we will continue to grow at the rate of 2% until 2020. I would say that is GREAT news! I am still very optimistic about our economic outlook. Please take some time and read the article at the bottom of the newsletter! It is well worth the time. I hope you have a great 4th of July. Until next time!
Is your company currently hiring? Please let me know if I can be of any assistance.

Local Statistics:
• National / Houston Unemployment rate: 7.3 / 6.4
• Price of Oil: $95 (last year $94)
• Oil Rig Count: 1767 (last year 1977)
• Industries hiring: Anything related to Oil & Gas / Energy, Construction & Retail!
• Positions in demand: Oil & Gas Accountants, Auditors, Staff & Senior GL Accountants, Director and Manager level positions are coming back
Local Searches
• Director of Accountant & Administration. Southwest, 150 to 175K
• Financial Reporting Manager, DT, 145 to 165K
• Severance Tax Specialist – DT – 75 to 95K
• Regulatory Accounting Manger, Southwest – DT 110 to 130K
• Audit Manager, West, Banking background, 85K plus bonus
• Assistant Controller – E&P – West Houston, 100 K total compensation
• Fixed Assets Lead – Galleria – 80K
• Senior Accountant, NW Houston, 65K
• Entry Level Accountant – West – 38 to 40K
• Joint Venture Audit – Oil and Gas – 65 to 110K – Westchase
• AP Specialist – 40 to 50K – NW Houston
• Revenue Accountant – 1 to 10 years – 50 to 91K – Downtown
• Revenue Accountant – 　SAP PRA – 80K – West
• Property Accountant – GWP – 45 to 54K
• Public Accounting – Tax and Audit – any level tax or audit 50 to 120K
• IT Audit – 80 to 90K plus – Med Center
• AP Supervisor – 65 to 75K – West Houston
• AP Supervisor – DT, 60 to 75K
• Accounting Manager – Pearland – MUST have manufacturing experience – 65K
• Non Profit Tax Manager, GWP, 80 to 120K
• Non Profit Tax Staff, GWP, 40 to 60K
• Spanish Speaking Accountant with limited tax exposure, Stafford, 60 to 95K
• Full Time Consultants!!!! 60 to 100K plus, plus, plus – Must have external audit in background
• Internal Audit Senior, GWP, 65 to 70K, less than 10% travel
• SEC Staff Accountant, Spring, 45 to 65K
• Assistant Treasurer (International / Cash) – 150 to 220K – North Houston
• Senior Corporate Accountant, Galleria, 70 to 80K
• Senior Operations Accountant, Galleria – 55 to 65K
• Staff Tax Accountant, Oil & Gas, Galleria