Duties & Responsibilities:
- Financial accounting for the month-end closing process, ensuring completeness and integrity of information
- Prepare various month-end journal entries
- Analyze general ledger accounts to ensure that financial statements are prepared in accordance with US GAAP
- Review and record cash transaction
- Reconcile various balance sheet accounts assigned
- Review and analyze SG&A accounts
- Perform other duties and special projects as requested by management
- Assist Team on various tasks if needed
- Bachelor’s degree in accounting
- Must have strong knowledge of GAAP
- Must have 2 to 3 years responsibility in accounting
- Proficiency in use of Excel
- Experience using SAP accounting software is preferred
• Assess financial reporting risks and perform necessary ‘internal audit’ testing-process walkthrough, sampling, performance of audit test and documentation.
• Identify reportable issues and provide recommendations to management.
• Train Staff Analyst on policies and procedures related to all relevant tasks
• Understand various financial reporting processes and constantly looking for ways to improve the process to reduce time spent
• Work well with outside parties such as external auditors
• Work directly with various groups within and outside finance team
• Strong understanding of GAAP and ASC, as well as single audits
• Write accounting white papers concerning new accounting policies
• Deep belief in the mission and values of nonprofit
• Bachelor’s Degree required – preferably in Accounting
• Auditing background required – Big 4, Mid Market or other
• Prior audit experience of federal grants
• CPA is strongly preferred
• Exceptional analytic, strategic, and problem-solving skills.
• Strong planning, organization, and project management skills.
• Demonstrated ability to meet multiple deadlines and manage a variety of tasks.
• Results-oriented, hands-on team player who is dedicated to getting the job done
The Accountant is a full-time position with primary duties including general ledger and investment accounting for a very large nonprofit.
General Ledger Accounting
- Maintain financial records for Foundation
- Post recurring and adjusting general ledger entries for monthly and year-end closing
- Reconcile accounts and post adjusting entries for all entities including inter-fund accounts
- Prepare monthly and year-end financial statements for the entities for Controller’s review
- Create and maintain financial reports as required
- Develop and maintain various spreadsheets for amortization of prepaid expenses, depreciation, grants payable, etc.
- Reconcile miscellaneous asset, liability, and other specific accounts monthly and as needed
- Reconcile inter-fund accounts for all entities and post adjusting entries as needed
- Assist with preparation of certain annual audit schedules and confirmations
- Assist Controller in coordinating accounts receivable and HR department’s operations to improve efficiency and accuracy
- Support certain treasury functions, including ACH payments processing, positive paying checks.
- Bachelors in Accounting or related field
- Multi-location or nonprofit accounting preferred
Manager Corporate Development
Responsible for financial modeling, research, and presentation support for corporate development, investor relations, treasury, and other initiatives.
- Corporate development:
- Drives key activities to analyze acquisition opportunities, including reviewing potential targets, developing financial models, producing valuation analyses (accretion/dilution, DCF), and coordinating due diligence.
- Creates management and board presentations to present acquisition opportunities to key decision makers.
- Investor relations:
- Creates and updates investor relations materials including presentations, analyst estimate summaries, benchmarking analyses, and shareholder reports.
- Supports the quarterly earnings release and conference call process.
- Assists with coordination of investor conference and non-deal roadshow attendance.
- Capital Markets:
- Analyzes and prepares presentations for various treasury needs including presentations to rating agencies, bond investors, and company’s bank group.
- Creates and maintains financial statement forecast model of company.
- Supports FP&A and Tax functions as needed.
Education, Training, Experience:
- Bachelor’s degree in Economics, Finance, Accounting, Engineering, or a similar field. MBA preferred. CFA or CPA designation a plus.
- 5-7 years of corporate finance, investment banking, corporate development, or private equity experience.
- Highly advanced skills in Microsoft Excel and PowerPoint required; experience with Bloomberg a plus.
- Plan, organize and perform various audits, including financial, operational, and compliance audit projects.
- Performs audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.
- Conducts interviews, reviews documents, develops and administers surveys, composes summary memos, and prepares accurate and complete working papers that adequately support audit findings and work performed.
- Identifies, develops, and documents audit issues and recommendations concerning areas being reviewed and discusses them with the auditee.
- Communicates or assists in communicating the results of audit and consulting projects via written draft audit reports and oral presentations to management.
- Identifies and evaluates the organization’s risk areas and provides key input to the development of the Annual Audit Plan, and in developing audit programs and tests.
- Assists in providing training, coaching and guidance to employees and staff on audit and internal control-related areas.
- Strong knowledge of and skill in applying internal auditing and accounting principles and practices, and management principles and preferred business practices.
- Knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors.
- Ability and willingness to travel both domestically and internationally up to 40%.
- Knowledge of management information systems terminology, concepts, and practices.
- Experience with Oracle Financials a plus.
- Strong PC skills, including using Microsoft Office products and other business software to prepare reports, memos, summaries and analyses.
- Excellent verbal and written communication skills, including active listening skills and skill in presenting findings and recommendations.
- Foreign language skills a plus, but not required.
- Skill in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions.
- Strong knowledge of the SOX Act and compliance requirements.
- Four to seven years’ experience of internal and/or external auditing.
- Bachelor’s degree in accounting from an accredited college or university.
- Holds or can qualify for a US Passport.
- IT audit experience a plus.
- Professional certifications a plus (e.g. CPA, CIA, CFE, CISA) preferred.
Metro Houston reached a milestone in May, with just over 3.1 million workers on
payrolls throughout the region. Since January ’10, the region has added more than
596,100 jobs, more than the current employment for the New Orleans (585,800 jobs) or
Hartford (580,200 jobs) metro areas.
For the 12 months ending May ’18, metro Houston created 79,200 jobs, for a 2.6 percent
increase. That reflects a slight dip from the 85,800 jobs created in the 12 months ending
April ’18. For the month of May, employers added 9,400 jobs, which falls below the nonrecession average of 14,000 jobs in a typical May.
Employment services, construction and manufacturing led job growth in the region over the past 12 months, the three sectors accounting for 45.6 percent of the jobs created.
Employment growth in health care remains weak, the sector adding only 1,000 jobs over
the past year. The same holds true for other services (i.e., personal care and repair)
adding only 200 jobs over the same period.
The surge in drilling activity has helped the blue collar side of the energy industry, with oilfield services, the sector adding 2,400 over the past year. Likewise, the manufacture of fabricated metal products, which includes pipes, valves and flanges, has added 3,500 jobs and oil field equipment 2,600 jobs. However, restructuring continues in energy’s white collar side, with oil and gas extraction cutting 1,500 jobs over the past 12 months.
Houston’s unemployment rate was 4.2 percent in May, unchanged from 4.2 percent in
April and down from 4.8 percent in May ’17. Texas unemployment rate was 3.7 percent
in May, down from 3.8 percent in April and 4.1 percent in May ’17. The U.S. rate was 3.8
percent in May, down from 3.9 percent in April and 4.1 percent in May ’17. The rates
are not seasonally adjusted.
Accounting Assistant II
- Reconcile bank accounts
- Review AP batches for coding errors
- Vendor account reconciliations
- Code non-purchase order invoices
- Reconcile variances between invoice and receiving documents
- Review expense reports in Concur
- Prepare Concur journal entries for upload
- Enter AP invoices as needed
- Reconcile various GL accounts
- Prepare journal entries as needed
- Communication with various departments within the organization
- Communication with vendors
- Must have working knowledge of Excel, Word and Outlook
- Must have knowledge of general accounting and mathematical skills
- Must have general computer and data entry skills
- Must be able to operate 10-key calculator accurately by touch
- Must be able to handle certain information in a strictly confidential manner
A high school diploma or equivalent, with a minimum of three years of experience in accounts payable and general accounting.
The Financial Reporting Manager will be directly responsible for managing the preparation of Sterling’s SEC filings, including 10Qs and 10K, and coordination with the legal team with respect to the Proxy Statement and other required filings. es.
- Lead the company’s SEC compliance efforts, including strategy, project planning, analysis of requirements, document support, preparation and review, and filings (e.g. 10-Q, 10-K, 8-K, Proxy, SD, etc.).
- Conduct technical research as needed to support SEC filings and prepare position papers and other documentation as appropriate.
- Prepares explanations and analysis of significant or unusual variances in actual results from budget, forecasts and prior periods, as needed.
- Assists in preparing the financial statements and other documents required under bank covenants, state contractor qualification and licensing requirements, surety agreements and other public reporting requirements in accordance with GAAP.
- Assists in preparing and distributing materials for quarterly Board meetings.
- Maintains compliance with SOX over Financial Reporting and documenting changes as they occur.
- Participates in the annual financial planning and reporting process
- Provides M&A due diligence and integration support, including financial reporting for acquisitions or mergers utilizing knowledge of consolidation accounting.
- BA or BS in Accounting. CPA preferred.
- Minimum of 5 years of related experience.
- Minimum of 2 years of experience, preparing key SEC filings, including, but not limited to, Forms 10-K, 10-Q, related MD&A and footnote disclosures, etc.
- Experience with consolidations, budgeting & forecasting, and analysis of financial statements.
- Big 4 or National firm public accounting experience, E&C SEC clients preferred.
- Planning, studying and collecting data to determine costs of business activity, such as raw material purchases, inventory, and labor
- Analyze changes in product design, raw materials, manufacturing methods or services provided to determine the effects on cost
- Estimate new and proposed product costs as well as product changes
- Provide management with reports specifying and comparing factors affecting prices and profitability of products
- Transfer inventory among entities
- Analyze profitability of special pricing suggestions/programs
- Reconcile various general ledger accounts on a monthly basis
- Reverse prior month expense accruals
- Perform bank reconciliations
- Update balance sheet reconciliations: prior to recurring journals, after journals have been posted and once the month is closed prior to final Trial Balance
- Add new product codes to the transfer price list
- Complete month end close process for costing
- Ensure the accuracy of the Company’s inventories including the adequacy of physical count procedures and reliability of reported physical inventory results.
- Perform special projects and analyses to assist management in interpreting trends impacting the business.
- Development and analysis of monthly revenue cost reporting and forecasts
- Review contract manufacturing strategy and pricing
- Guide and train plant personnel on completing tasks in Oracle
- Address low/negative margin sales through costing review
- Review and note sales margins for three entities
- Bachelor’s degree in Accounting or Finance required
- Advanced coursework in Cost Accounting required
- 6+ years of progressive Accounting experience
- Intermediate level of Microsoft Excel Skills required; Hyperion experience preferred,
- Bachelor’s degree in Accounting required
- CPA candidate or parts passed desirable
- 0 – 3 years of accounting principles and practices experience
- Retail experience with a large company (revenues exceeding $500 million) a plus
- Prepare and enter financial entries by compiling and analyzing account information
- Assess the validity of accruals submitted to Accounting and work with counterparts in the organization to address any issues/corrections identified
- Reconcile general ledger accounts providing analysis and explanations for unusual items and determine how to resolve/correct variances independently
- Recommend financial actions by analyzing accounting options
- Maintain accounting controls and prepare and recommend new policies and procedures
- Ensure adherence to requirements and deliverables, and complete assigned work activities and planned tasks within specified time frame
- Serve as Subject Matter Expert (SME) for special projects, as needed and participate in various initiatives, including new system implementation, updates or upgrades
- Maintain professional and technical knowledge by attending educational workshops and reviewing professional publications
- Identify and implement strategies to improve productivity and efficiency
- Prepare footnote disclosure support for financial statements
- Maintain financial security by following internal controls
#staffaccountant #hiring #houston #jobs #accountant #katy
The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 58.8 in May, up 2.2 points from 56.6 in April. Readings above 50 signal economic expansion in Houston over the next three to four months. Readings below 50 signal contraction. The region’s PMI slipped below 50 in the three months immediately following Hurricane Harvey, but climbed above 50 in November and has signaled expansion for seven consecutive months.
HOUSTON VS. CHICAGO
The City of Houston added 8,235 residents last year, the
smallest increase for the city since ’07. Houston’s population
growth peaked in ’15 and has trended down since.
Slower growth for the city was expected, given the persistent
weakness in the local economy. Population estimates
for the metro area, discussed in April’s Houston: The
Economy at a Glance, display a similar trend.
The media quickly pounced when the U.S. Census Bureau
released the data in May, reporters proclaiming the date
Houston overtakes Chicago as the nation’s third most
populous city had been pushed into the distant future.
They were right, but for the wrong reason.
As recently as ’15, when momentum from the recent boom
carried Houston forward, the city added over 43,000
residents. Chicago lost about 1,400 that year. The math
seemed simple enough. With a gap of only 442,000
residents separating the Bayou City from the Windy City,
Houston would overtake Chicago in less than 10 years,
which at the time placed the transition around ’25.
The gap has narrowed since then. Only 404,000 residents
separate the two cities today. Houston’s growth, however,
has slowed to a trickle, and Chicago’s population continues
to leak away. The home of the Bears, Bulls, Cubs and
Blackhawks lost 3,800 residents in ’17, about 0.1 percent
of the city’s population. Houston’s growth fell to about
one-fifth its previous peak.2 Again, the math seems simple.
Based on last year’s growth, Houston will overtake
Chicago, but not for another 34 years. In ’52, when the
Class of ’18 reaches middle age, Houston will become the
nation’s third most populous city.