Author: Dianedelgadolemaire
Senior JIB Accountant – Houston – dlemaire@cfstaffing.com
Job Duties:
- Payout Accounting (Co. operated and Outside operated)
- Well Count I Allocations
- Overhead (Producing,Drilling, Major Construction, P&A)
- Land Interface of Rental payment & expense booking
- SWD Billing and/or Re-class of expenses
- Property Reverse & Re-book
- Use of Council of Petroleum Accountants Society (COPAS) guidelines to determine overhead eligibility (P&A,D&C, recompletions/workovers)
- Record monthly General Liability & Access Liability Insurance
- General ledger account reconciliations
- Journal vouchers
- DOI/JBS deck maintenance
- Support Monthly JIB Close
Qualifications:
- College degree and/or equivalent experience
- Five to ten years of joint interest accounting experience with onshore oil & gas properties
- Knowledge and understanding of COPAS documents
- Good communication and interpersonal skills to interface effectively with management, land and production departments
- Working knowledge of Joint Operating, Unit agreements, and Force Pooled wells
- Comprehension and understanding of daily drilling reports
- Working knowledge of the various departmental activities in an upstream E&P company and their interface/integration with the Accounting department
- Proficient in Microsoft Excel,Access and Outlook applications
December Newsletter for Accounting & Finance Professionals in Houston
Industry News and Updates
This will be my last newsletter of 2016! I recently attended a symposium sponsored by the Institute of Regional Forecasting – University of Houston, Bauer College of Business (Go Coogs!). I have shared the information I learned with you below. While I’ve inserted some of my opinions, I can’t take any credit for this. This information was presented by Robert Gilmer, Ph.D.
- Houston (more than likely) hit a mild recession the end of 2015 / beginning of 2016.
- Houston is not going to enjoy a V shaped recovery. This will be a very slow recovery for us.
- We lost about 80,000 oil related jobs (these jobs also impacted other industries as it trickles down).
- In the past 21 months we have added 26,300 jobs. In 2016, we added 5,600 (this could be revised downwards).
- Most of the jobs created in the past 21 months were related to the drop in natural gas prices and the petrochemical construction boom on the east side of Houston.
- The worst SHOULD be behind us.
- Oil has almost doubled in price since January!
- Overall demand for oil globally is still growing (slowly), but there is still too much supply.
- Oil needs to be at 60 dollars or above outside of the Permian Basin. The Permian Basin can make a profit at 45 dollars a barrel. This is where the rig count has grown by 150 rigs!
- Jobs come back 2 quarters after rig count goes up.
- There are 3 likely scenarios for 2017. Highly optimistic: Jobs come back Q1; Somewhat optimistic: Jobs come back Q2; Not very optimistic: Jobs come back the end of 2017. In my opinion we will see a steady pick up over the year.
- No matter what: 2018 and 2019 should be great years for Houston!
Please feel free to email me any questions about this data. I know it’s a lot to take in. I do believe that we are starting to make the turnaround. The key indicator to me is that positions with oil & gas companies are starting to be replaced when someone leaves. That also means that other companies are hiring them away. I am very optimistic about 2017 and definitely think we have put the worst behind us.
Have a great holiday! See you next year!
Local Statistics:
- National Unemployment Rate: 4.7 (last year 4.9)
- Houston Unemployment Rate: 5.1 (last year 4.7)
- Labor Participation Rate: 62.8% (last year 62.50%) – All time high January 2000: 67.30% / All-time low 1977: 62.4%
- Manufacturing Index: 51.5 (last year 48) – from what I have read 50 is the magic number! YES!!!!!
- Oil Rig Count: 580 (last year 760) – all time high around 1900 in 2012!
- Price of Oil: 51.06 (last year around 50.90)
- Industries hiring: Retail, Manufacturing, Limited Oil & Gas is coming back, Non Profit, Public Accounting Firms!!!!
- Positions in demand: Audit & Tax Public Accounting SUPER HOT!, Staff Accountant, Internal Audit, SEC or Big 4 backgrounds are in high demand
Interesting Articles:
- The follow-up email that works even better than “Just Checking In”: http://wp.me/puDjI-1yk
- Handling the impossible question: what are your weaknesses? http://wp.me/puDjI-1yD
- Why the color of your suit matters: http://wp.me/puDjI-1xQ
- Interview Preparation Checklist: https://dianedelgadolemaire.com/short-interview-preparation-checklist/
Current list of openings:
- Spanish Speaking Staff Accountant – SW
- Budget Analyst – SW
- Senior JIB Accountant – NW Houston
- Director of Compensation – Katy
- Senior Financial Analyst – Galleria
- Senior Property Accountant – Galleria
- Senior Financial Reporting Specialist – North
- Controller for small/midsize Company- CFO track – Humble
- Senior Accounting Analyst – Special Projects – 3 to 4 years of public accounting – Southwest
- Audit Manager – Public Accounting – Growing firm!!!!!
- Rotational Audit Role – International Travel – Big 4 Background – Galleria
- Senior Treasury Analyst – DT – Big 4 or Large Regional Firm background
- Operational Auditor – Westchase
- Senior Payroll Accountant – SW
- Senior and Staff Investment Analyst – Investment banking experience
- Senior Financial Analyst – North Houston
- Reduced work week hours: Tax Manager or Supervisor or Senior – small public accounting firm
- Consultant with professional services firm – Big 4 Auditors – Downtown
- Senior Internal Auditor – Northwest
- Financial Reporting Accountant – West & Downtown
- Staff Internal Auditor – Galleria
- Tax Staff Accountant – Galleria
- Tax Senior Accountant – High Net Wealth
- Staff Auditor – Public Accounting
- Senior Auditor – Public Accounting
- Senior Accountant – NW Houston
- Senior Insurance Accountant – NW Houston
- Staff Accountant – NW Houston
- Property Accountant Senior
- Audit Senior – 60% travel
- Associate Manager / Manager – Professional Services Firm – Consulting on high profile projects – full time role – need at least 2.5 year of public accounting and maybe a splash of industry to qualify
Diane Delgado LeMaire
Senior Managing Director, Executive Search & Branch Manager
www.linkedin.com/in/dianedelgadolemaire/
December Economic Update from the GHP
Unemployment Rate Falls
Interesting read for those just following the unemployment rate. You have to look at the Labor participation rate too.
I just wrote my last newsletter of the year yesterday and will blog it on Monday. Good news: Houston’s manufacturing index is finally above 50 again!
http://www.cnbc.com/2016/12/02/unemployment-rate-fell-but-a-more-realistic-rate-is-higher.html
It’s Friday & Month End Close!
Internal Auditor – Westchase – dlemaire@cfstaffing.com
Responsibilities:
- The Internal Auditor will review and evaluate the control environment and develop specific analyses of strengths and weaknesses, along with recommended improvements.
- Conduct audits covering strategic, financial, operational and compliance risks, including identifying issues, reviewing and analyzing findings, and documenting business processes and procedures.
- Responsible for all Inventory Management auditing.
- Responsible for Procedural Compliance audits.
- Will summarize and present audit findings to Executive level Leadership group.
- Identify audit issues, use root cause analyses and make recommendations using independent judgment and risk assessment.
- Consult with management on risks, controls and best practices.
- The objective is to find viable solutions for elimination/mitigation of losses through identification of weaknesses, recommendation of solutions and providing guidance to ensure success.
Primary Requirements:
- Bachelor’s Degree in Business, Financial or similar field, required.
- Certifications: CPA, CFE, CIA or like designation, preferred.
- A minimum of two (2) years of audit experience, required.
- Proven success/experience in financial loss…
View original post 8 more words
Staff and Senior Investment Analyst
Description of Job Duties:
- Assist in the monitoring of existing managers of the public and private investments portfolios.
- Prepare reports for the routine review of asset class level performance.
- Assist in the screening and due diligence process for new managers.
- Document the manager due diligence process.
- Assist with the development of and maintenance of asset class models and databases.
- Participate in investment research projects from asset allocation to security level review.
- Assist in the preparation of materials for quarterly board meetings.
- Complete other duties as assigned.
Education Required: Bachelor’s Degree. MBA or CFA designation is a plus.
Experience Required: 2 plus years of experience preferably at an investment firm, investment bank, or consulting firm.
Small Company Controller – Humble, Texas
Our client is looking for a Controller to become the future leader of the Accounting & Finance team. We are looking for an experienced, small to mid size company Controller, with aspirations of being the CFO some day. The ideal candidate will be a natural leader, who truly cares about mentoring and training their staff. The company is located in Humble and has amazing tenure! There are approximately 10 people in Accounting, but this Controller will also be involved in Operations, IT, Credit and HR. A CPA is required for this role. The company is always looking towards the future and just launched their E commerce website.
Overview:
Month end and annual financial statements
Quarterly reporting
Review Journal Entries
General ledger account analysis and reconciliations
Company budget
Work property tax consultants, insurance companies and CPA firm.
Prepare monthly sales tax reports
Inventory Accounting
Required:
CPA
Manufacturing / Distribution background
Public…
View original post 15 more words
Junior Financial Analyst – Southwest Houston – dlemaire@cfstaffing.com
EXCEL knowledge important
Job Responsibilities:
- Sending out monthly budget vs. actual reports and detailing variance thresholds.
- Performing various internal audit functions.
- Assisting in the annual budget process (August thru May).
- Assisting 7-year plan model.
- Act as a backup for certain Treasury department functions.
- On boarding of new employees as it relates to procurement and other financial operations policies and procedures.
- Grant accounting / maintain banking relationships.
- Assist in other reporting duties and other duties.
Projects:
- Developing monthly reports to send to department administrators, deans, and directors.
- Creating an employee on boarding process.
- Implementing procurement policies and procedures.
Education:
Accounting, Finance or Economics Degree
Junior Financial Analyst – Pearland, Texas – dlemaire@cfstaffing.com
Division of a publicly traded company.
Job Functions:
- Assist in weekly, monthly, and quarterly reporting
- Assist in the preparation of budgets/forecasts and variance analysis and consolidate total division wide budgets/forecasts
- Ensure accuracy and timeliness of reporting from the operations. Prepare specialized reports as needed by management
- Coordinate SOX testing and following improvement implementation
- Maintain SOX control environment and handle all SOX related issues
Background/Experience:
- S. degree in Finance or Accounting
- One to three years of financial experience in a high pace environment with multi-unit organizational structure
- Proficient in PC Applications, including expert skills in Excel
- Knowledge of Hyperion
- Good analytical skills, comprehension of user needs, logical thinking process and attention to detail
- Experience working with Sarbanes-Oxley and internal controls, previous consulting experience preferred
- Fast learner – can adapt well and quickly to a new situation, with a focus on solutions
Staff Internal Audit Role – NW Houston – dlemaire@cfstaffing.com
Let me know if you are interested in finding out more about this I.A. role. No public accounting experience required!!!
RESPONSIBILITIES:
- Conduct all phases of audit planning, fieldwork, and report drafting audit projects.
- Communicate with management during the audit planning, fieldwork, closing and reporting phase.
- Provide recommendations to improve financial and operational processes.
- Draft audit reports, providing a clear description of the issues and ensuring they are fully supported by the test work.
REQUIREMENTS:
- Bachelor’s degree in Accounting, Finance or Management
- Working towards or possess a CPA or CIA
Staff Accountant – Sugar Land – dlemaire@cfstaffing.com
Still looking for that perfect Staff Accountant in Sugar Land!
This is an amazing company that truly believes in promoting from within! We are looking for entry level / staff accountants with an internship or 1 to 2 years of general accounting experience who is motivated and eager to learn!!!!!
Southwest Houston
Accounting & Financial Responsibilities:
- Maintain the general ledger to include preparation of journal entries, account analysis and reconciliation and support manager with month end close
Prepare and present financial data to management for review.
- Research and analyze financial information necessary to support internal and external audit activity.
- Ensure compliance with all system SOX controls.
Accounting & Financial Qualifications (Required):
- Accounting Degree
- Understanding of consolidations
- Excellent verbal and written communication skills.
- Ability to complete projects timely and accurately.
- Must be detail oriented with strong accounting and spreadsheet skills.
Questions you need to ask yourself before accepting a job offer — claireaydogan
/Newsroom/Scripts/html5shiv.min.js /Newsroom/Scripts/respond.min.js Questions you need to ask yourself before accepting a job offer Reference: The Muse; Business Insider, Abintegro 17 Nov 2016 job hunt We might have always been told not to look a gift horse in the mouth but when it comes to applying for a job sometimes you need to do just that. […]
via Questions you need to ask yourself before accepting a job offer — claireaydogan
Handling the impossible question: what are your weaknesses? — claireaydogan
Reference: Forbes; about.com; business.financialpost.com, Abintegro 16 Nov 2016 interview, skills It’s the one that was always coming and yet the question that invariably causes the most interview headaches. As self-deprecating as we may be in our daily lives, it is surprising how uncomfortable many of us feel when faced with the question: “what do […]
via Handling the impossible question: what are your weaknesses? — claireaydogan
#Wednesdaymotivation
#wednesdaymotivation
What’s the Price of Oil today?
Crude Oil and Commodity Prices
November, Tuesday 29 2016 – 08:13:29
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1.02 2.17% Here’s the salary you have to earn to buy a home in 19 major US cities via Business Insider
The follow-up email that works even better than “Just Checking In”
Article originally published on The Muse
Fact #1: After you’ve interviewed for a job, hiring managers don’t always get back to you in the time frame they told you they would.
Fact #2: You should absolutely follow up with a polite email if you’re expecting to hear back and you haven’t.
Fact #3: You can use this message not just to check in, but to give the decision-maker even more info that’ll show you’re the right person for the job.
That’s right. Take this traditional “just following up” email:
Hi Damon,I hope you had a great week. You had mentioned that you’d be in touch with next steps on the hiring process by Wednesday, so I just wanted to check in. Please let me know if there’s anything I can do to help with your decision.Best, Adrian
There’s nothing wrong with that note. It’s brief, it’s polite and it gets your name in front of the hiring manager.
That said, instead of asking if there’s anything you can do to, in essence, boost your candidacy, why not take that next step and provide something that does just that?
Let’s say you’re applying to a social media position with Dolby. You might say something like this instead:
Hi Damon,I hope you had a great week. You had mentioned that you’d be in touch with next steps on the hiring process by Wednesday, so I just wanted to check in.In the meantime, I wanted to share a social campaign that I launched this week. It’s already had more than 5,000 shares—the company’s second most successful program ever. I think something similar to this would be very impactful for Dolby, and I’d be excited to jump right in and get started.Best, Adrian
In this message, you’ve shared another example of your work, you’ve highlighted a recent success and you’ve reiterated your enthusiasm for the position. And you’ve done so proactively, which is never a bad thing.
You can tailor this template pretty easily if your work is online or easily sharable, like writing, marketing or design.
Or, if your work or goals can be quantified—you’re in sales or account management, say—you might try something like this:
In the meantime, I wanted to share that I finished this month as the #1 sales rep in the New York market. It was a big honor, and also a reminder that I’m ready for my next challenge, hopefully as the Sales Manager at Dolby.
If your work is more behind-the-scenes, or you’re working on proprietary information that can’t necessarily be shared externally, you might consider describing a project you’re working on (one that could apply in some way to the job you’re applying for) in broader terms:
In the meantime, I wanted to share that I just put the finishing touches on a crisis communications plan for one of our technology clients—a three-month process that involved collaborating with everyone from the customer success team to the CEO. It was a great experience, and one that made me even more excited about the opportunity to work on the communications team at Dolby.
Still stumped? Here’s something anyone, in any field, can do:
In the meantime, I wanted to share an article that I published last week on LinkedIn, which was inspired by the conversation we had about [topic you discussed in interview]. It’ll give you a little more on how I think about [subject matter]. Thanks for the inspiration—I hope we have the opportunity to work together and have many more of these conversations.
Assuming you’re not the only candidate in the pipeline, your “just checking in” email will probably be one of many sitting in the hiring manager’s inbox. Use the opportunity not just to follow up, but to show once again why you’re the best candidate for the job.
Have questions about your job search or interviews? We want to hear them! Comment below or contact one of our expert recruiters today! Find the closes CFS location to you here.
Read the original article published on The Muse.
Staff Accountant – Sugar Land – dlemaire@cfstaffing.com
This is an amazing company that truly believes in promoting from within! We are looking for entry level / staff accountants with an internship or 1 to 2 years of general accounting experience who is motivated and eager to learn!!!!!
Southwest Houston
Accounting & Financial Responsibilities:
- Maintain the general ledger to include preparation of journal entries, account analysis and reconciliation and support manager with month end close
Prepare and present financial data to management for review.
- Research and analyze financial information necessary to support internal and external audit activity.
- Ensure compliance with all system SOX controls.
Accounting & Financial Qualifications (Required):
- Accounting Degree
- Understanding of consolidations
- Excellent verbal and written communication skills.
- Ability to complete projects timely and accurately.
- Must be detail oriented with strong accounting and spreadsheet skills.
Houston's F&A Recruiter and Talent Connector 