Location: NW Houston

Why work for this company?

• Flexible working hours
• 401K and Health benefits

Responsibilities:

• Prepare Annual Budget
• Maintain Fixed Asset records
• 1099 recordkeeping
• Bank Reconciliations
• Prepare contracts, presentations, and financial data
• AR, AP, and assist with bi-weekly payroll

Qualifications:

• 2 year Associate degree or 4-year bachelors degree
• Office Administrative abilities & great communication skills
• QuickBooks Enterprise ( desktop version) experience
• Access user
• Intermediate Excel skills

Our client is adding an Accounting Manager to their team. They will supervise 3 and spearhead the Lease Accounting adaption for 2020. This company is very complex, entrepreneurial and everchanging!!!!

We are looking at various backgrounds from Senior Accountants, Senior Auditors to experienced Accounting Managers!

Responsibilities:

• Participate in the monthly, quarterly and annual accounting close process, including review of journal entries, account reconciliations, and financial analysis
• Develop new processes and procedures to comply with the requirements of the new lease accounting standard (ASC 842)
• Oversee the organization and maintenance of information related to leases across all concepts to assist with implementation of new lease software application
• Review, interpret, input and analyze information on leases, amendments, assignments, and other legal documents
• Monitor rental payments, including contingent and percentage rent, to ensure they conform to lease agreements
• Review CAM reconciliations and calculations based on the lease agreement
• Support external and internal audit requirements in preparation of schedules and timely responses to information requests

Requirements

• Accounting Degree
• Public Accounting Audit experience preferred
• 5 plus years of experience

Please email dlemaire@cfstaffing.com for more details.

dlemaire@cfstaffing.com

Treasury Analyst:

• Manage and maintain the company-wide commercial card program
• Perform daily cash movements including wire transfer, ACH release, checks and funds transfer to meet daily cash requirements
• Perform daily cash analysis, positioning, and reporting
• Assist with the development of cash management and banking operations
• Assist accounting with cash application and bank reconciliation process
• Analyze bank fees, bank cost information, and recommend cost savings
• Maintain bank, cash, debt, and interest schedule
• Maintain credit facility documents, standby letters of credit, bank guarantees and their records, reporting and compliance requirements
• Respond timely to notices and other documentation related to bank group, credit reviews, treasury agreements, letters of credit, and wire transfers
• Support Standby Letters of Credit, Commercial Letters of Credit and bank guarantees requirements
• Assist in streamlining treasury functions, analyzing and making recommendations to improve processes and implement changes and ensure an efficient banking structure
• Collaborate on developing, updating and documenting procedures
• Support the month-end close activities where needed
• Participate in and provide other support, reports, and analysis as requested

REQUIREMENTS

• Bachelors in Finance, Economics or related field
• 4+ years’ work experience in treasury/cash management or banking field preferred
• Excellent communication (written and verbal), analytical and interpersonal skills
• Strong organizational/time management skills
• Strong computer skills, including proficiency in Microsoft Word, Excel and PowerPoint

Overview:

Oversee treasury function. Manage a team of three. Directs staff responsible for daily cash and investment management, depository banking services, bank and rating agency relations, mitigating credit and financial risk exposures, and strategies to optimize liquidity.

Responsibilities:

• Manage debt portfolio, including approving debt covenant compliance, continuing disclosures, and reporting
• Negotiate and execute short-term and long-term financing transactions, including interface with bond counsel, financial advisors, and underwriters.
• Collaborate with internal departments to execute financing strategies and action plans to deliver a 5-year capital improvement plan, plus special projects.

• Provide oversight for the investment portfolio, interfacing with advisors regarding investment strategy, approving transactions recommended by staff, and ensuring compliance.
• Foster relations with commercial and investment banks, and rating agencies.
• Collaborate with Accounting, Financial Planning and other departments and stakeholders to ensure proper execution, documentation, and accounting of all debt financings, derivatives and investment activity

• Monitor interest rates and other relevant market conditions and alert management to potential issues affecting debt ratings
• Work with management, the trustees and outside consultants in the daily administration of the Pension Plan, 401 Defined Contribution Plan, and the Trust

• Manage counterparty risk and financial exposures in letters of credit.
• Create and maintain complex financial models (e.g., IRR, discounted cash flow, etc.) as necessary for analysis and evaluation of corporate finance and capital structure issues

Experience:

• Bachelor’s degree in Business Administration, Economics, Finance or related major
• Master’s degree or MBA preferred
• 5+ years of related financial and treasury experience required
• Previous supervisory or executive experience preferred
• Knowledge of debt portfolio analysis and management
• Knowledge of investment management, pension, and benefit finance
• Knowledge of depository banking services
• Knowledge of bank and rating agency relations
• Knowledge of capital market execution

Title: AR Supervisor

Location: NW Houston- 290 & Tidwell area

CFS has teamed up with a well established wholesale distributor of pipe, fittings, valves and other related products. They provide a laid back environment and their accounting team gets to enjoy WORK LIFE balance with limited overtime.  They also get to wear JEANS EVERYDAY!!!

Job Qualifications:

• 3+ years of AR experience
• Invoicing and managing AR Accounts
• Collections experience
• In charge of setting up new customers
• Supervise AR clerk
• No degree required

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.

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