https://www.perrymangroup.com

Too Low?

In nine states, unemployment rates have fallen to their lowest levels since the US Bureau of Labor Statistics (BLS) began keeping such data. In 20 states (including Texas), unemployment levels have fallen below 4%, and in 10 of them, the level is below 3%. While high unemployment is obviously undesirable, overly low unemployment presents its own difficulties.

It is generally accepted that the economy functions relatively efficiently at about 4% unemployment. Imperfect information, the time needed to find a job when entering the labor force, mobility limitations, and other temporary timing issues and lags lead to some “frictional” unemployment. It is also inevitable that the mix of skills among those seeking jobs won’t perfectly match local needs. In short, it is neither possible nor desirable to attain zero unemployment.

The lower unemployment reaches, the harder it is for companies to locate workers. Economic growth can be constrained if there aren’t people to fill jobs. In Texas, some communities in areas near major oil production and technology centers are facing such obstacles. Although the population in these areas is expanding rapidly, as individuals and families are lured by the strong job market, labor demand is emerging even more rapidly. Worker shortages are the unavoidable result, although they tend to work themselves out as people continue to flow to areas promising high wages. Such is the nature of markets.

In other cases of too-low unemployment, however, the problem is more severe. Some states are experiencing low unemployment due largely to a shrinking labor force, including Vermont and North Dakota, where unemployment is 2.3%. Demographic trends such as the aging of the baby boomers and a shortage of young people are setting the stage for long-term sustainability issues. Vermont actually engaged in recruiting workers, though such efforts are problematic and expensive.

Texas unemployment is currently at 3.8%. Over the year ended in March, the Lone Star State gained more jobs than any other state (271,000), while the labor force grew by 222,255. Texas is attracting new residents to take advantage of benefits ranging from lower taxes to more affordable housing. The state’s population is also younger, and thus the problem here is somewhat less acute.

Workforce training to better match skills to job requirements is part of the solution to too-low unemployment. Innovative approaches to retain individuals in the workforce or attract those on the sidelines can also help. With a generally healthy economy and historically low natural population growth, sound immigration policy will almost certainly be needed to reach a lasting solution. It is certainly better for unemployment to be too low than too high, but it brings its own challenges that must be systematically addressed through a multi-faceted strategy.

https://www.perrymangroup.com

Do you enjoy being part of an entrepreneurial environment and impacting the bottom line? Our client is growing and adding an Accounting & Finance Associate Director to their team. This company has been in the distribution business for over 50 years!

Responsibilities:

• Directs work related to general accounting, financial planning, costs, financial forecast and budgets
• Advises and collaborates with management in developing processes, policies, and procedures
• Provides insight into sales and margin analysis, customer and operational profitability, and labor utilization
• Performs financial modeling for improvement with risk versus reward evaluation
• Develops, trains and manages all supporting commercial, integrated supply chain, and global financial planning team members
• Researches and plans for a commercial transaction, acquisitions, and integration

Qualifications:

• Bachelor’s degree in Accounting or Finance required; MBA highly preferred
• Minimum of five (5) years of experience in a corporate finance role;
• Distribution industry experience preferred
• Demonstrated success in a leadership role
• Advanced Excel
• Merger and acquisition experience.
• Excellent communication skills and a proven leader.

• IT Internal Controls Specialist -DT *5/7
• Internal Auditor – 30% travel – DT
• AP Specialist – *5/6
• Revenue Accounting Analyst
• Treasury Director – East of Downtown
• Treasury Manager – East of Downtown
• Accounting Analyst
• Admin Asst – DT or Galleria
• AR Supervisor – NW Houston
• Senior Staff Accountant – NW Houston
• Financial Analyst – Galleria
• Director of Finance & Accounting, East Houston *5/1
• Payroll Systems Accounting Manager – West *5/1
• Senior Accountant – DT  *5/1
• Tax Manager with Partnership experience looking to be a Controller within 5 years!!!! *5/1
• Senior Accounting Analyst – Downtown
• Senior Accountant with the succession plan to AC – West moving to IAH
• Internal Auditor – Galleria
• Accounting Revenue Analyst – Downtown
• JIB Accountant – NW Houston
• Staff Accountant – Channelview
• Staff Auditor – Clearlake
• Entry Level SEC Accountant – Jersey Village
• Senior Internal Auditor – Woodlands
• Payroll / HR Senior – NW Houston
• Senior IT Auditor – DT Houston
• AP Specialist – Nonprofit – Memorial
• Senior Accountant – Mfg – Tomball
• CFO – Amarillo, Texas
• Senior Accountant – DT
• Sage 100 / Mas90 Implementation Specialist – Work Remote!
• Financial Reporting / Analyst – DT
• Finance Manager / Controller – Tomball
• Controller (300M division) – NW Houston
• Division Controller (70M) – NW Houston
• Assistant Controller (new MLP) – Galleria
• Senior SEC Accountant – Downtown
• Senior Auditor – Clearlake
• Senior GL Accountant (small company) NW Houston
• Accountant – Conroe
• IT Auditor – Galleria
• HR / Payroll Manager – Nonprofit – Galleria
• AP Director – NW Houston
• Staff Accountant – NW Houston
• Senior Accountant – NW Houston
• Senior Accountant (SAP) – I-10/Beltway
• Senior Accountant (SAP) – Downtown
• Staff Auditor – 20% Travel – Galleria
• Senior Auditor – 20% Travel – Galleria
• Third Party Mgt Accountant – West Houston
• Internal Controls Manager – Downtown
• Senior Audit Manager – Public Accounting
• R&D Tax Manager – Public Accounting
• Pricing Analyst – Downtown
• Grant Accounting Manager – Greenway Plaza
• Bookkeeper – Public Accounting – NW Houston
• Senior Accounting Analyst (big 4) – Sugar Land

April, Monday 29 2019 – 09:16:03

WTI Crude Oil $63.30 ▼-1.91 -3.02% 2019.04.28 end-of-day

Brent Crude Oil $72.15 ▼-2.20 -3.05% 2019.04.28 end-of-day

https://www.perrymangroup.com

CFO

Amarillo, Texas

Our client is in the commodities trading business, and they are searching for a CFO to join their team. This person will be a true business partner to the CEO, Sales & Operations. This position will be located in Amarillo, Texas.

Overview:

The purpose of this role is to be the financial support and partner to the CEO, growing to become a part of the Senior Executive Team to work together to build shareholder value, and provide strategic, operational, and programmatic support to the organization:

• Support the CEO’s strategic and tactical plan development and implementation
• Responsible for leading all aspects of the day to day accounting, financial, regulatory and taxes functions.
• Develop a special relationship with the Board of Directors through the Audit Committee Chairmanship.

Responsibilities:

Lead the company’s programs and efforts in the areas of accounting, financial planning and analysis, and financial aspects of corporate strategy and strategic negotiations.

• Oversee the timely production of monthly, quarterly and annual reports, financial statement and cash flow projections.
• Work with other team members to understand revenue and cost drivers and define appropriate reports for tracking.
• Issue regular status and ad hoc report to senior management.
• Set controls, measures and reports for all purchasing and sales activities to ensure best practices and procedures.
• Create strong partnerships across the organization to drive sound financial decisions in support of capital investments, product valuations, supply chain execution/cost of goods sold and sales performance/profitability.
• Create financial and valuation business models to assist the organization in making strategic decisions around products, partnerships, and investments based on deep and insightful financial analyses.
• Oversee and monitor the banking activities of the organization.
• Oversee the development of the annual operating and capital budgets.
• Ensure adequate cash management to meet the organization’s needs
• Build and develop the account and finance teams as the company grows
• Ensure accounting systems are proficient and able to scale with the growth of the business
• Perform competitive analysis on industry peers and report trends and results to the leadership team.
• The direct connection between business development and finance. Partnering together on planning, modeling, and analysis of future business projects.

Qualifications:

• 15 plus years of accounting experience
• Bachelors Degree in Accounting. MBA / CPA preferred
• Strong organizational skills, attention to detail, ability to prioritize and meet deadlines.
• Ability achieves goals successfully in a fast-paced environment and fluctuating priorities and deadlines.
• Experience with commodity IT systems preferred.
• Leadership experience in organizing, planning and executing projects from conceptualization through implementation and execution across multiple internal and external reporting and organization lines.

Other:

Base, short term and long term bonus potential

Relocation

Entry Level Staff Accountant – CHANNELVIEW, TX

• Staff Accountant will do Reconciliations
• Assist with General Ledger Maintenance
• Staff Accountant will Perform Month-End Close Procedures
• Staff Accountant will do Budget Preparation
• Perform Variance Analysis

Requirements:

• Accounting or Finance Degree
• Preferred to have Excel experience – Pivot Tables, VLOOKUP’s, Import/Export
• 1-2 Years of Manufacturing Industry Experience Is A Plus

#hiring #channelview #houston #accountant #staff #entrylevel

Staff Auditor Opportunity !!!

CFS has teamed up with a company who specializes in the construction of telephone, cable, cell phone, satellite, and power utility companies and government entities throughout the US.

The Internal Auditor will assist in conducting operational, financial and compliance audits and will perform independent testing of internal controls to meet Sarbanes-Oxley Act requirements.

Responsibilities are to:

• Participate in conducting interviews and process walk-throughs, document interview and process walk-through notes;
• Prepare process diagrams using MS Visio, document key controls in processes, document gaps in controls, and write process narratives.
• Update control matrices and perform analyses using MS Excel and MS Word.
• Perform and document tests of controls
• Develop written findings and recommendations for improvement in operations, financial control or compliance.
• Participate in meetings and group discussions of results and action plans.

Qualifications:

• BS in Business or Accounting
• CPA eligible
• Familiar with US GAAP, COSO, International Standards
• Travel up to 33%

Senior Internal Auditor Opportunity

CFS has teamed up with a company who specializes in the construction of telephone, cable, cell phone, satellite, and power utility companies and government entities throughout the US.

Responsibilities:

• Participate in conducting interviews and process walk-throughs, document interview and process walk-through notes;
• Manage audit engagement staff and production of deliverables.
• Prepare process diagrams using MS Visio, document key controls in processes, document gaps in controls, and write process narratives.
• Update control matrices and perform analyses using MS Excel and MS Word.
• Perform and document tests of controls.
• Develop written findings and recommendations for improvement in operations, financial control or compliance.
• Prepare analyses showing business impacts from improvements in controls, including risk avoidance, indirect financial benefits, and direct financial benefits.
• Participate in meetings and group discussions of results and action plans.

Qualifications

• B.S. or M.A. in Business, Accounting or Internal Audit
• CPA in progress, CPA
• Professional communication skills
• 2-4 years of public accounting
• Travel approximately 25-33% (US & Canada)

Location: The Woodlands

Why work for this company???

• Midsize O&G company with a family oriented work culture
• Opportunity to grow within the company
• On-Site Workout Facility & Trainer
• Lucrative Compensation Package

RESPONSIBILITIES:

• Responsible for the monthly AP close process ensuring all deadlines are met.
• Review invoices and expense reports for accuracy and eligibility for payment.
• Ensure timely payment of vendor invoices and expense vouchers.
• Contribute to the development of processes and procedures.
• Maintain AP systems, procedures, internal controls and policies to ensure corporate compliance and mitigation of risks.
• Ensure timely reconciliation of department accounts and review for quick resolution of all reconciling items.
• Work with the accounting and finance teams to identify and resolve issues.
• Supervise and provide guidance to staff.
• Assist with audits and other duties as assigned.

QUALIFICATIONS

• Bachelor’s degree in Accounting
• 5-7 years of Accounting experience
• Minimum 3 years prior supervisory experience.
• Experience with Bolo and DocVue is a plus
• Prior O&G experience is required