4 Openings in San Antonio, Texas – SEC Mgr, SEC Sr, Audit, IT Audit

Financial Reporting Accountant 
• Need experience with consolidations and financial reporting
• 5 years experience
• Experience with HFM or Oracle a plus

Manager, SEC Accounting 
• Responsible for prep and filing of all SEC filings (8-k, 10-q, 10-k)
• Supervise 3
• Experience with HFM or Oracle a plus
• CPA required, 8-10 years experience

Lead Auditor
• Financial and Operational audit experience
• Lead team of 3
• Would like to see CIA, CISA, CFE or CPA

IT Audit Lead
• 5+ years IT audit experience (info security, network security, business continuity mgmt., access mgmt.)
• Some supervisory experience
• Would like to see CIA, CISA, CFE or CPA

Diane Delgado LeMaire | Area Director, Executive Search & Branch Manager | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 | 713-490-6003 | dcd@fittsroberts.com| 

Staff Accountant – Galleria – Mortgage company – EMAIL: dcd@fittsroberts.com

My client is a rapidly growing mortgage broker located in the Galleria area.  They doubled in size last year through an acquisition and are looking for someone to be the CFO’s right hand person in the Houston office.  This is a small team, so this would be a great opportunity for someone to really get some face-time and learn a quite a bit.

Here’s what we’re looking for:

  • Accounting Degree

 

  • Some Accounting experience – preferably from a mortgage company, real estate company, or bank

 

  • Experience looking at mortgage related documents: HUD-1, Truth in lending statement, purchase advice, FHA/VA paperwork

 

  • Good analytical skills

 

  • Computer savvy

 

This is a staff accountant role and will pay market price.  If you or someone you know is a fit, let’s discuss it further.

Military Staffing Series Part 3 – Sites for finding Military/Veterans!!

http://www.recruitingblogs.com/profiles/blogs/military-staffing-series-part-3-sites-for-finding-military?inf_contact_key=8cd8522f58010651269339af7dd181bbe178b53abfd4aa8b668f462f37ba3af4

Posted by Dean Da Costa on July 23, 2013 at 4:27pm

Military Staffing Series Part 3

Sites for finding Military/Veterans!!

“In America” by the Charlie Daniels Band is a song about America and its veterans. About how we may disagree amongst ourselves but when it counts we stand as one, we take care of our own. In this post we are going see the many sites that are out there, that can help us find veterans.

Monster has a special way to designate veteran candidates, and even allow us to search for veterans specifically and or to post jobs veterans will find.

First posting jobs only:

https://www.jofdav.com/

www.jobs4vets.com

 

Posting and sourcing:

www.jobcentral.com

http://recruitmilitary.com/

www.helmetstohardhats.org

www.VetJobs.com

www.CorporateGray.com

http://www.patriotjobs.net/

 

Posting, Sourcing, Programs, Information and more:

http://www.militaryconnection.com/

http://www.fedshirevets.gov/

http://www.military.com/

http://www.taonline.com/TAPOffice/

http://www.hiremilitary.com/

http://www.militaryhire.com/

http://www.hireveterans.com/

http://100000jobsmission.com/

http://www.postmilitaryemployment.com/#

https://www.rallypoint.com/

Cost Accountant – SW Houston – Oil and Gas – 65-75k plus bonus – dcd@fittsroberts.com

Our client is a fast-growing oilfield services company with several locations around the Houston area and worldwide. They are publicly traded and doing over a billion dollars per year in sales.
Here’s what you need:
+/- 5 years experience, must have standard costing experience – no bend on this.
Must have Accounting Degree – Finance will not work.

Senior Corporate Accountant – 70 to 80K

Education and/or Experience:

• Bachelor’s degree in accounting from four-year college or university.
• Minimum of 3 years of experience as a senior in a General Ledger Capacity.
• Understanding of GAAP and internal controls over financial reporting.
• General understanding of SEC reporting and Corporate financial functions.

General Job Function

• Ensure accurate and timely completion of assigned tasks
• Prepare and post journal entries as part of the monthly/quarterly Corporate Close process.
• Maintain and account for lease and non-compete agreements and prepare monthly journal entries and reconciliations • Work with Corporate Personnel and Management to obtain information and provide explanations of financial analysis.
• Complete assigned monthly balance sheet account reconciliations.
• Compile and update spreadsheets for Executive management review of certain areas such as accruals, legal expenses, amortization, etc.
• Assist with information requests for internal and external audits
• Identify, propose and implement process and/or procedure changes to gain efficiencies, strengthen controls, or improve quality of information provided by the department.

Computer Skills:

Great Plains, Strong Microsoft Excel Skills, Microsoft Word and Hyperion Reports and Essbase.

Small Comapny Accounting Manager (close to Memorial Park) 70 to 75K

Solid work/life balance, no management experience necessary.

Our client is a small family-owned company doing roughly $30M in annual revenue.  They provide a great work/life balance, 40 hour work week with flexible hours, and 100% paid heathcare (employee only).  Supervise 2.  Can grow into a Controller role, reports directly to the CFO.

Here’s what you need:  Accounting Degree (must), 5 years GL Accounting experience, preferably small company experience.  

EMAIL: dcd@fittsroberts.com

 

Controller – West Houston – HWY 6 – dcd@fittsroberts.com

This is a highly-visible role fulfilling the financial needs of the largest business unit in the company.  The company is roughly 300M in revenue, and this particular unit is doing roughly $75M of it.  They have operations in several states, but they’re HQ’d right here in Houston.  Great opportunity to rub shoulders with some executives and start a great job with a growing company.

Salary can go as high as 90k (perhaps more) plus a bonus of 15%.  If you or someone you know is interested, call or email ASAP. dcd@fittsroberts.com

Staff Accountant – Revenue Accounting – Oil and Gas – NW Houston

 

 

Good work/life balance – oil and gas accounting – good location (depending on where you’re coming from of course – Northwest Houston)

Diane Delgado LeMaire| Area Director, Executive Search & Branch Manager | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 |713-490-6003 | dcd@fittsroberts.com|

July Newsletter for Accounting Professional with UPDATED LIST of Job openings!!!!!

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

July issue of Houston: The Economy at a Glance from the Greater Houston Partnership

http://www.houston.org/pdf/research/quickview/Economy_at_a_Glance.pdf

A publication of the Greater Houston Partnership                                                       

Volume 22, Number 7 • July 2013

Where are we now? — July marks the middle of the year and provides an excellent vantage point to assess the region’s economic health and outlook for the remainder of the year. This issue of Glance looks at 10 key indicators—employment, oil and gas prices, exploration ac- tivity, construction, sales tax collections, home sales, vehicle sales, foreign trade, air traffic and the local Purchasing Managers Index. What follows is a brief discussion of what those indicators suggest about the near-term outlook for Houston’s economy.

Employment Growth Cooling— The Houston-Sugar Land-Baytown Metro Area added 91,600 jobs in the 12 months ending May ’13, a 3.4 percent increase, according to data re- cently released by the Texas Workforce Commission (TWC). That’s down from 106,000 jobs and a 4.0 percent annualized rate for the 12 months ending April ’13.

The slip in Houston’s growth rate is not unexpected, nor is it something to fret over. Employment in Houston has grown between 3.8 and 4.5 percent (annual rate) since May ’12, a pace clearly not sustainable. Over the past 10 years, employment growth in Houston has averaged 2.0 percent annually. Woods & Poole forecasts em- ployment to grow 2.1 percent annually through ’20. Economist Ray Perryman forecasts employ- ment to grow 2.4 percent annually through ’17. And the Partnership’s forecast issued in Decem- ber called for growth of 2.8 percent this year. Houston’s 3.4 percent annualized rate is still twice the nation’s current rate of 1.6 percent. And though our growth has slowed, Houston ranks as the second-fastest growing major metro area. Fur- thermore, since the bottom of the recession, Hou- ston has added 304,900 net new jobs, an increase of 12.3 percent in total employment in the region. Only the New York metro area, with three times Houston’s population, has added more jobs. No other major metro has grown faster than Houston. Employment is higher now than at any point in Houston’s history

Employment Growth Rates 20 Most Populous U.S. Metro Areas

Metro Area                               % Change May ’12 – May ’13 Dallas                                                3.6 Houston                                            3.4 Tampa                                               2.9 Phoenix                                             2.7 Boston                                               2.5 Minneapolis                                       2.5 Seattle                                               2.1 Atlanta                                               2.0 San Francisco                                   1.9 Baltimore                                           1.9 San Diego                                          1.6 New York                                           1.6 DC                                                     1.6 Chicago                                             1.4 Los Angeles                                       1.3 Miami                                                 1.2 Detroit                                                1.1 Riverside                                           1.0 Philadelphia                                       0.9 St. Louis                                            0.7 Source: U.S. Bureau of Labor Statistics

HOUSTON—THE ECONOMY AT A GLANCE

Where the Base Goes, Everyone Follows — A basic rule of economics holds that a re- gion’s economic base must grow for its secondary sectors to grow. The base includes those industries that export goods and services outside the region. In Houston, the economic base includes energy, most local manufacturing, and a substantial amount of engineering. Bits and pieces of other industries also compose part of the base, but for the purpose of this discus- sion, the base includes only those three.1 As businesses in the base pursue opportunities out- side the region, new money flows into the region. That inflow supports growth in the sec- ondary sectors. In Houston, secondary sectors include retail, restaurants, real estate, health care, and so on. Another way to look at this—the base drives the economy while the second- ary sectors ride in the back seat. The chart below illustrates how job growth (or loss) in Houston’s secondary sectors lags growth in the economic base. It also shows that job growth in Houston’s base peaked about this time last year and has been cooling off ever since. Job growth in the secondary sectors should soon slow as well. This suggests a gradual slowdown in overall employment growth should occur in the near future. Again, this is not something to fret over. As Bill Gilmer, di- rector of the Institute for Regional Forecasting at the University of Houston recently said in the Houston Chronicle: “It means that Houston will only be growing twice as fast as the rest of the country instead of three times as fast.”

 

Oil & Gas Services – Senior Accountant – NW Houston Location – EMAIL: dcd@fittsroberts.com

Our client is a publicly traded oil & gas services company with over 3000 employees worldwide. They are growing through acquisition and organic growth. At this time they need to add a Division Senior Accountant to their team.

• Work directly with the Accounting Manager in completing essential accounting/finance functions of the company.

Month-end financial reporting
Assist in month-end closing procedures including:
o General Journal entries on multiple general ledgers
o General Ledger account reconciliations
o Intercompany invoices
o Fixed Asset management including additions, disposals, and depreciation
o Bank reconciliations
o Account roll-forwards and sub-ledger reconciliations
o Assistance in other aspects of closing of the books and records in accordance with US GAAP
o Maintain compliance of internal SOX controls

• Assist in maintaining accounting controls
• Assist with intercompany invoicing

Minimum Qualifications
• Required Bachelor’s Degree in Accounting
• Advanced skills required in MS Excel and Word.
• Good interpersonal and leadership skills to gather information from and work with multiple levels the organization.

Director of Oil & Gas Accounting – Houston – dcd@fittsroberts.com

Requirements: 12+ years of progressive experience in financial roles. Significant experience with oil and gas, logistics or Master Limited Partnerships (MLPs) preferred. 5-10 years of management experience, including experience managing larger groups over a variety of functional areas.

Preferred Skills, Education & Experience: Special Consideration: CPA or Masters degree preferred. Overnight travel required within Texas and to Northeast USA. Overtime required around quarterly closing and special projects.

Why It Can Pay To Take That Unpaid Internship By Matthew Tarpey

http://jobs.aol.com/articles/2013/02/01/unpaid-internship-college-students/?utm_source=buffer&utm_campaign=Buffer&utm_content=buffer20797&utm_medium=twitter

By Matthew Tarpey

As more schools in the U.S. make internships a graduation requirement, many students are coming to terms with taking unpaid positions. Some even have to pay the school for the course credits received for the internship.

This arrangement may not strike you as ideal, but paid internships may not always be available or easy to find. And unpaid internships can offer valuable experience and inside contacts.

Hands-on learning: A proper unpaid internship can be a boon to your early career. In college classrooms, you can get theories and principals and vocabulary words galore, but internships offer you hands-on experience. Employers love to see real-world experience on a résumé, and that’s why so many schools are now making internships a requirement. In a job interview, you can either talk about chapters you read or papers you wrote in school, or you can talk about a real project you completed for a real company and the real results you achieved.

The hands you shake: Internships also offer another opportunity that you can’t get in the classroom: the opportunity to network. In many fields, knowing people in the industry can be almost as important as having experience. Oftentimes they know about open positions that may not be listed, or they may be able to get your name to the top of the application pile. Plus, a good letter of recommendation from someone in your desired industry never hurts.

Internship-seekers, beware: Not all unpaid internships are going to help you. There are some that consist exclusively of doing busywork, getting coffee and organizing closets. Not only can they be a time-waster, but some may technically break the law. The Department of Labor stipulates that an unpaid internship with a for-profit company must be beneficial to the intern, can’t use the intern as a substitute for a regular employee and must be similar to training given in an educational environment. Before you accept an internship offer, make sure that you will benefit from the experience and gain a better understanding of your desired field. People talk of young professionals needing to “pay their dues” before moving on to higher positions, but those dues shouldn’t include driving your boss’s kids around or picking up his dry cleaning.

But what is the cost?: The prospect of going three months without a steady income isn’t exactly attractive, and for many students, it isn’t doable. However, there are methods to ease the cost of spending a summer working for free. Many unpaid internships are also part-time arrangements, with students working three or four days a week. That extra time could allow students to take part-time jobs with flexible schedules. Many schools also offer stipends to cover unpaid internships.

Matthew Tarpey is a writer and blogger for CareerBuilder.com and its job blog, The Work Buzz.

Staff Accountant – dcd@fittsroberts.com

We are working with a highly respected services company in Houston, Texas. In addition to clients in Houston, our client serves customers all over the great state of Texas. Their company was founded in 1936 and has been built on great customer service, responsiveness, and lots of hard work. This company offers an outstanding opportunity to learn and advance. Our client is looking to hire Staff Accountant who is a driven, eager to learn and has the motivation to move to a higher level within the company.

Job Description:
• Reconcile bank statements and General Ledger accounts
• Prepare financial statements
• Analyze budget-to-actual and year-over-year variances on the P&L statement
• Review monthly financials with dept heads
• Put together weekly performance reports
• Fixed assets
• File Sales and Use tax reports

Qualifications:
• Accounting Degree
• 2 plus years of general accounting experience
• Team player
• Excel and Access experience

Benefits:
• Salary plus bonus
• 100% of Individual Healthcare Paid by company
• Vision, Dental Insurance
• 401K match

 

 

Diane Delgado LeMaire | Area Director, Executive Search & Branch Manager | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 | 713-490-6003 | dcd@fittsroberts.com|

Internal Audit Director Houston – dcd@fittsroberts.com

Essential Duties and Responsibilities:

  1. Oversee and execute the Audit Plan for field operational audits.
  2. Lead and develop the Internal Audit staff
  3. Perform the necessary risk assessments of all field businesses in order to develop an annual Audit Plan for field operational audits.
  4. Oversee and execute the Audit Plan for field operational audits.
  5. Oversee and execute value-added consulting site visits in order to achieve greater efficiency and effectiveness of field businesses with respect to Company policy & procedures.
  6. Maintenance of an internal control monitoring system to support management’s assertions required by Section 404 of SOX.
  7. Develop, manage and execute the documentation and testing of the Company’s internal controls over financial reporting.
  8. Work with department heads in the documentation required by Section 404 focusing on processes, risk assessments, and internal controls over financial reporting.
  9. Identify control gaps and work with process owners to document and monitor remediation plans.
  10. Identify, recommend, and implement changes to the Company’s financial processes to enhance efficiency and effectiveness.
  11. Serve as liaison between management and external auditors in connection with the Section 404 engagement to ensure requests are fulfilled in a timely manner.
  12. Prepare communications and status reports for senior management and the Audit Committee.
  13. Keep abreast of new Sarbanes-Oxley and related developments and identify their potential impact on the Company.
  14. Provide support, as needed, for ad hoc projects.
  15. Travel requirement may be up to approximately 20%.

 

16 job search errors you’re probably making – Rachel Farrell, special to CareerBuilder.com

http://www.careerbuilder.com/Article/CB-2456-Job-Search-Strategies-16-job-search-errors-youre-probably-making/?siteid=cbhandle

Over the years, hiring managers have born witness to every hiring, interviewing, résumé, cover letter and negotiation mistake there is.

You know what these blunders are. We’ve told you several times. Yet you (and hundreds of other job seekers) continue to make common job search mistakes.

From those who see your mistakes over and over, here are 16 common job search mistakes to avoid — and some of them may surprise you.

1. You don’t keep your options open

“Candidates tend to think that if they interview for a job they will get an offer, so they do not apply and interview for multiple positions,” says Joanie Spain, director of public relations and career services, School of Advertising Art, a graphic design college. “They wait until one plays out completely, putting their job search on hold until knowing for sure they didn’t get the offer.”

“By having many more irons in the fire, you diversify the risk and disappointment that is inevitable when any single opportunity disappears,” adds Roy Cohen, author of “The Wall Street Professional’s Survival Guide: Success Secrets of a Career Coach.”

“You also present yourself as a more passionate and energetic candidate. You’re in the ‘zone’ — a point where you’re in the flow of information and ideas — and that makes you more valuable.”

2. You turn up your nose at job descriptions

“Entry-level candidates are reluctant to apply for a position unless the job sounds like their ‘dream job’ or they have all qualifications listed,” Spain says. “Rather than going on an interview to get more information, they base decisions about applying on the job description alone. They fail to see that all interview experience is good experience, or that, until there is an offer on the table, there is no decision to make.”

3. You haven’t perfected the thank-you note

“Don’t be too verbose with a thank-you note after an interview. Sending out a version of “War and Peace” can come across as desperate and needy for a job. However, sending a one or two sentence thank-you note comes across as flippant, not well thought-out and potentially shows indifference regarding the job to the employer,” says Mike Barefoot, senior account manager at Red Zone Resources, a recruitment firm. “We encourage candidates to keep them to four to eight sentences.”

4. You don’t check your references

“Always give out references that you’ve pre-screened. We sometimes see candidates give out references that were never checked with and the references feedback isn’t always kind,” Barefoot says. “Also, make sure they’re predominantly managers. An occasional colleague is okay, but contemporaries and friends really don’t carry that much weight in helping you land a position.”

5. You’ve got poor business acumen

“Managers are becoming more savvy and are taking candidates out to lunch for interviews. They want to see how you treat a restaurant staff and see the ‘real’ you. If you’re rude to them or don’t seem appreciative for their hard work to make your meal pleasurable, managers wonder how you’ll treat contemporaries you work with,” Barefoot says.

6. You have a messy briefcase

“A messy briefcase can imply the person is unorganized, messy and unprepared, and that their work will be less than optimal,” says Ronald Kaufman, author of “Anatomy of Success.” “Someone who is neat, clean, organized and prepared in all areas conveys they’re serious about getting a job and working.”

7. You discount temporary positions

“Many employers coming out of a recession want to hire on a temporary or temp- to perm- basis. We have already seen several contractors be offered permanent positions after they have proven themselves,” says Jeffrey Weinstock, Esq. president, Rhodes & Weinstock, a recruiting firm. “Not only will the temporary position pay some bills, think of it as an audition for a potential perm position, or at least a way to get a good reference for another position.”

8. You have a bad attitude

“Poor attitudes come through in telephone calls and in interviews. If you are not positive, why would a potential employer want to hire you?” asks Weinstock. “It may take some time, but by being positive, by doing all the right things, by seeing each position as an opportunity, it will happen.”

9. You include too much work history

“Many job seekers over 40 think that they have to take their work history back to their first job out of college,” says Cheryl E. Palmer, career coach and résumé writer. ” All that is needed is the last 10-15 years of your work history.”

10. You use your work email address on your résumé

“Some people do not regularly check their personal email, so they use their employers’ email instead,” Palmer says. “This sends a negative message to potential employers that the job seekers will not hesitate to use their equipment for personal use.”

11. You take “no” as a final answer

“No” usually only means “no” for that position, says Bruce Hurwitz, president and CEO, Hurwitz Strategic Staffing, LTD.

“If you are rejected for a job you should send a thank-you note, thank the employer for the opportunity, and wish them well. No one does that. When the next opening comes around, he’ll remember you,” says Hurwitz.

12. You lack tact

“Be determined without being pushy. Calling or emailing to ask about the status of your résumé or interview can be a double-edged sword,” says Rod Hughes, director of communications, Oxford Communications. “A tactful follow up can place you top of mind with the hiring manager, while incessant calling or emailing can push your résumé right off the table.”

13. You don’t search for yourself on the Internet

“Your would-be employer is probably going to look you up online, so you should know what is out there,” says Amanda O’Brien, vice president of marketing, Hall Web Services. “Clean up what you can, check your privacy settings on social networks and if it is something you can’t get down off the internet, you may want to consider talking to the company about it.”

14. You have a ‘death by bullets’ résumé

“Bullets are great but they need context. Keep them to one line, focused on a result and include a figure like a fact, percentage or number,” says Adriana Llames, author of “Career Sudoku: 9 Ways to Win the Job Search Game.” “Or, put the information in a short summary of the position.”

15. You’ve got a scattered strategy

“Looking for a job in any industry and with two or three résumés is going to get the same result as the strategy: scattered,” Llames says. “Job seekers with a clearly defined, focused and organized strategic approach to their job search end up with clear results — and a new job.”

16. You think it’s about you

It is not about you and your need for a job — it is about the prospective employer and their need to run a successful business and make money, says Lori B. Rassas, employment attorney and author of “Employment Law: A Guide to Hiring, Managing and Firing for Employers and Employees.”

“Many applicants mistakenly believe they will be an appealing candidate if they explain they will accept any type of job offer at any because they have been laid off, unemployed for an extended period of time, have children in college, or are having difficulty making the mortgage payments,” she says. “Even if all of those circumstances are true, candidates need to craft a different message, focusing on how they can benefit the employer by saving them money, streamlining processes, creating additional sources of revenue and bringing overall value to the company.”

Rachel Farrell researches and writes about job search strategy, career management, hiring trends and workplace issues for CareerBuilder. Follow @Careerbuilder on Twitter.

 

Demand for accounting grads reaches all-time high By Chris Baysden

http://journalofaccountancy.com/News/20138181.htm

Demand for accounting grads reaches all-time high

By Chris Baysden
June 19, 2013
A new study examining supply and demand trends in accounting found that the profession is thriving—with college enrollments, degrees awarded, and demand for new accounting graduates all reaching all-time highs.

CPA firms hired 40,350 new accounting graduates last year, including 23,793 graduates with bachelor’s degrees and 16,557 with master’s degrees, according to the AICPA survey. The previous high recorded in the survey was 36,112 in 2007. Hiring fell off during the recession but began to recover in 2010 when 33,321 new grads were hired.

Enrollments and degrees awarded also reached high-water marks. A total of 240,380 students were enrolled in accounting programs in 2011–12, a 6% rise from 2009–10 when the last AICPA supply and demand survey was conducted.

There were 61,334 bachelor’s degrees in accounting awarded last year. The large difference between hiring numbers and degrees awarded stems from the fact that many graduates pursued master’s degrees or found jobs not tracked by the survey—such as in private business or government. Another 20,843 master’s degrees were awarded.

The study is based on enrollment, graduation, and hiring data collected through the 2011–12 academic year. The report is formally known as the 2013 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits. As the report’s name suggests, it focuses on demand for talent in public accounting, not business and industry or other segments of the profession.

Hiring to continue

The AICPA first started conducting the survey in 1971. Its frequency has changed over the years, but currently it is conducted every other year. “We conduct the survey to inform the public and stakeholders about the human capital needs of the accounting profession,” said Scott Moore, director–Student & Professional Pathways at the AICPA.

In addition to the high demand in 2012, the study found that 89% of public accounting firms forecast that they would hire the same or more graduates in the following year, a trend that bodes well for current accounting students nearing graduation.

“Demand is off the charts,” said Paul McDonald, a senior executive director with staffing firm Robert Half International. McDonald, who was not involved with the survey, said that it is an “excellent time to be an accountant.”

The improving economy and increased regulatory and compliance demands have impacted hiring. And McDonald sees the convergence of accounting, finance, and IT skills as another factor. Thanks to all the IT changes of the past few years, CPA firms need workers that can use the technological tools now at their disposal to help create new ways to analyze and present clients’ financial data. Employers are looking for more than technical proficiency; they want candidates who can help make business decisions. A recent Robert Half report found that business analysts are among the most in-demand positions in the market. The report added that in-demand candidates possess business acumen, “excellent” analytical skills, and are comfortable working with various technologies.

War for talent

The strong hiring demand hasn’t just created a place for all those budding accountants to go—it has also led to a recruiting war for their talents. “The hiring activity is very, very high” for new graduates and experienced workers, McDonald said.

The best candidates are receiving multiple offers and counteroffers. While he has seen an overall increase in hiring since 2010, there has been an even bigger uptick over the past six to 12 months, McDonald said.

The best students—those with a 3.4 grade point average or higher—are getting recruited during their junior year in college. Top students are being offered internships with the Big Four, international firms, and in business and industry. Students with Spanish and Asian language skills are particularly in high demand.

The competition for talent doesn’t come cheap. Firms are using higher salaries, relocation assistance, and bonuses to attract top candidates. The result: a 3.3% increase in salaries in 2013 for accounting and finance jobs, according to a Robert Half report. Firms also are implementing training programs to help new hires learn soft skills such as how to work with, and present to, clients.

With so many members of the Baby Boomer generation set to retire in the coming decade, it is important for firms to retain all the new hires they currently are making, McDonald said. While Generation X will stay pretty stable as a percentage of the workforce, Generation Y will continue to ramp up its presence—bringing with it the need for more coaching on how to work together as a multigenerational workforce.

Challenges lie ahead

While the survey’s results were encouraging overall, they did identify some challenges for the profession in the years ahead. Nearly 15% of universities continue to receive more applications from qualified applicants than they can admit. That’s because the universities are constrained by limited spaces in the classroom. Nevertheless, more than 60% of the universities predict increased enrollment in MBA programs in accounting and MA programs in taxation.

The shortage of doctoral faculty for accounting programs has been a problem for years, and has been exacerbated by the retirement of many faculty members at the same time enrollment is surging. Producing new faculty en masse is difficult. Only about 90 doctoral programs for accountants are accredited by the Association to Advance Collegiate Schools of Business, and many of those schools only admit two or three candidates a year, said Steve Matzke, director–Faculty & University Initiatives at the AICPA.

The industry has been trying to address the issue through a number of initiatives, including the Accounting Doctoral Scholars (ADS) Program, which included a $17 million commitment from the AICPA, 68 accounting firms, 48 CPA state societies, and four other organizations. That program helped fund an incremental increase of doctoral candidates. Currently, 102 ADS Scholars are enrolled at participating universities. Another nine ADS Scholars graduated in May, according to Matzke.

The AICPA also offers a fellowship for minority doctoral students. And the PhD Project, which was started by the KPMG Foundation, also aims to increase the number of underserved minorities in doctoral programs. The AICPA is a major contributor to the PhD project.

Diversity in the profession

The new survey provides a snapshot at diversity in the profession in general. Men made up 56% of all accounting employees at CPA firms in 2012 and accounted for 81% of the partners.

In terms of ethnicity, whites made up 75% of all accounting employees. Asian and Pacific Islanders have made great strides in the industry over the years, and now are the second largest group at 15%. Hispanic/Latino was the third largest group at 5%, followed by Black/African-American (4%) and multiethnic (1%).

Ninety percent of firm partners are white. Asian/Pacific Islanders account for 5% of partners, followed by Black/African-American (2%) and Hispanic/Latino (2%).

“The AICPA is keenly aware of the challenges we face in increasing the diversity of the accounting profession, specifically as it relates to ethnicity and race,” said Kim Drumgo, director–Diversity & Inclusion at the AICPA. “The launch of the AICPA’s National Commission on Diversity & Inclusion commits to a renewed focus on minority representation in the accounting profession. The efforts of the National Commission will focus on retention and advancement to address the declining trajectory of minorities in the accounting profession.”

—Chris Baysden (cbaysden@aicpa.org) is a JofA senior editor.