May 2014

Industry News and Updates

Houston, we have a problem! While most economists consider full employment to be 5.5%, Houston has dropped to below 5% (not adjusted). This can mean only one thing: a giant talent shortage. We’ve actually already started to run into this problem quite frequently. But what does this mean for you? As a hiring manager, its important to do your best to preserve the talent you already have on staff. As a job seeker, you have a plethora of opportunities available to you. And as recruiters, we cannot find enough candidates to share with our clients. You might think that I should be excited about such a low level of unemployment (and trust me, its so much better than the 8.8% we experienced only a few years ago), but identifying and attracting great talent is actually much more difficult these days. So, if you’ve been considering a move recently, this may be the perfect time to throw your hat in the mix. When great talent is hard to find, it only means good things for the candidates! However, because Houston has boomed so much lately, I don’t think that we can continue down the same path of such explosive growth. If we do, that only means one thing… more traffic!

Local Statistics:

· National / Houston Unemployment rate: 6.8/5.2

· Price of Oil: $102.50 (last year $91)

· Oil Rig Count: 1835 (last year 1755)

· Industries hiring: Oil & Gas Field Services, Chemicals, E&P, Construction and E&C

· Positions in demand: Tax, Audit, Controller, Senior Accountants & Accounting/ Financial Analysts

Local Searches
Director of Accounting – SW Houston – High growth, high visibility (SEC, GL, Treasury)
Tax Manager ready for Partner!!!!! Existing book of business
Staff Accountant – Public Accounting – Greenspoint
Controller – Real Estate / Funds – 100 to 140K
Financial Reporting Analyst (SEC/POC) – Woodlands – 85K
Auditor – less than 20% travel, DT and Galleria
Management Training Program – NEED RECENT MBA or Masters
CFO, Healthcare, PE Portfolio Company, AUSTIN, Texas, Base, Bonus & Equity
Accounting Manager – Northwest Houston, Mandarin Speaker, 60 to 80K
CFO/Controller – North Houston, PE Portfolio Company, Distribution – 100 to 130K
Bookkeeper, 60 to 75K, public accounting background a MUST
Senior Production Accountant – West Houston – 90 to 100K
FCPA Auditor – Galleria
Senior International Accounting – Mgr track – DT – 90ish
Senior Project Accountant (foreign currency / consolidations) – 85ish
Senior Accountant (heavy excel), Katy
Senior Expatriate Tax Supervisor – Galleria
Auditor – E&P – West Houston (Audit or E&P experience needed)
Senior Audit Manager – DT – Public Accounting – 120 to 150K
IT Auditor, Galleria
FP&A Analyst – NW Houston
Staff Tax Accountant – Oil & Gas – Galleria
Corporate Accounting Manager – Oil & Gas – Galleria
ONRR Senior Accountant – DT
Accounting Analyst – NW Houston
Accounting Analyst – Galleria
Controller – Aviation – San Antonio
SEC Reporting Manager and Senior – San Antonio
Inventory Accountant, Katy
Staff and Senior Auditor, Public Accounting Firm, Galleria
Staff Accountant, Property Management, Greenway &DT
Controller, Manufacturing, SW Houston, 100-130k
CFO – non profit
AP Lead, Katy –
Senior Accountant, Galleria, SAP/BPC – 80 to 85K
Revenue Accountant – DT
Auditor – less than 30% travel!

News and Resources
19 Reasons Why This Is An Excellent Resume – Vivian Giang – Business Insider
Click here: http://wp.me/puDjI-Ix
Why Bother Becoming A CPA? By Roger Philipp
Click here: http://wp.me/puDjI-Iq