analysis

Senior Treasury Analyst – Downtown Houston – dlemaire@cfstaffing.com

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Performs advanced analyses and assists in high-level recommendations on a variety of treasury and financial assurance activities including cash and investment management; financial assurance portfolio structure and cost; financing activities such as bond transactions and leases; and risk management activities such as interest rate and foreign currency hedging.

Responsibilities

  • Manage daily cash positioning and cash flow forecasting to maximize cash for investing and minimize borrowing costs. Actively monitor and assess the cash forecast, analyzing differences between forecast and actuals, coordinating with accounting and financial analysis teams as required to support cash flow-related management and Board of Director reporting.
  • Provide analytical support for the liquidity position of the company, making recommendations for revolving credit facility and commercial paper borrowings and repayments on a timely basis to ensure that cash flow is adequate to support business needs and that debt balances are managed to reduce costs.
  • Work with other team members to ensure outgoing wire transfers are executed on a timely basis within the company’s internal control framework.
  • Works with internal and external resources to ensure that all cash-related needs of existing and/or new business interests are addressed timely and accurately. This includes coordinating efforts associated with field personnel, the  Service Center, and third parties, including lockbox and merchant services providers.
  • Review bank account structure and make recommendations for increased efficiency. Prepare a regular bank fee analysis that can be used by the company to assess banking relationships and cost saving opportunities.
  • Participates in the evaluation of the company’s financing activities, including bond financings, lease versus buy analyses, commercial paper, and bank facilities.
  • Monitors current market conditions and analyzes potential derivative transactions (primarily interest rate and foreign currency). Provides support to the organization by ensuring that derivative activities are carried out within the parameters of established policies and authorization limits.
  • Actively manage responsibilities and deadlines to ensure that customer (field organization) needs are met on a timely and effective basis.
  • Use professional judgment and accounting/finance experience to assess the company’s overall financial position (computation of key financial ratios, benchmarking and stress testing), which will contribute to the compilation of financial presentations to the Board of Directors, senior management or the credit rating agencies as well as quarterly compliance reporting.
  • Provide analytical support to the Treasury and Financial Assurance team on ad hoc/special projects.

Education and Experience

  • Education: Bachelor’s Degree (accredited) in Accounting, Finance, Business Administration, or similar area of study.,
  • Experience: 3 years of relevant work experience (in addition to education requirement).

April 2015 Newsletter for Accounting & Finance Professionals in Houston by Diane Delgado LeMaire @ CFS

Posted on by Dianedelgadolemaire

April 2015

Industry News and Updates
First things first. Please make sure that you have added my new email address to your contacts. It is dlemaire@cfstaffing.com.

With Q1 behind us lets jump right into the update for Houston. I am sure everyone is curious about the oil & gas prices and what impact they are having  on the job market in Houston. I have been in the recruiting industry for almost 14 years and have already been through 2 full blown recessions. 2015 has been an interesting year so far.  I feel like our local economy has taken a hit from the drop of Oil & Gas, but it’s not as severe (knock on wood) as I thought it would be. Some might beg to differ but, let me explain!

Obviously, Houston has been impacted by the depressed prices. Most Exploration & Production companies are not hiring at all. Some are even laying off, but downstream and midstream companies are still hiring. They are actually benefiting from the drop in price. Not to mention the back log of construction projects that are still on the books. We are also seeing increased demand from consumer products based companies (retail, restaurant, healthcare). Houston has gained nearly 570,000 residents in the past 5 years!

Just imagine the resources they will need from housing, healthcare to groceries and cars!

So, is the job market as good as it was last year? The simple answer is no, but there are still a lot of opportunities out there in several other industries outside of “oil & gas”.

Until next time..

Local Statistics:

  • National / Houston Unemployment rate:8/4.3
  • Price of Oil:$56.71(last year $100)
  • Oil Rig Count:1109 (last year 1803)
  • Industries hiring:Manufacturing, Construction, Consumer Products related companies, Real Estate & Homebuilding, Healthcare
  • Positions in demand:Controller, Financial Analyst, Tax, Internal Auditor, Payroll,

Local Searches

NEW!!!!!

– Property Accountant – Staff or Senior

– Treasury Analyst – Heavy Cash Management

– Treasury Analyst – Must speak Spanish

– Treasury Accountant – Must speak Spanish

– Controller – WIP / POC a MUST

– Full Time – Consultant – Transactions Advisory Services – All Levels!!!!

– Full Time – Consultant – Financial Advisory Services – All Levels!!!!!

– Hyperion Financial Analyst – HFM, Hyperion or Smartview experience – 1 to 2 years of experience!!!!

– Staff Accountant – work under 3 amazing controllers and learn from the best!!!!! no more than 2 years of experience needed.

– Internal Audit Manager – Pre-IPO company!

– Sales & Use Tax Accountant – staff and senior

– Payroll Manager MUST have Canadian payroll experience

– Financial Planning and Analysis Manager – HEAVY acquisition based

– AP Manager – SAP experience!!!!!

Still Looking For:

– Controller with domestic & international accounting experience (SEC too!)

– Controller, CPA with SEC

– AP Manager – bringing AP in house!

– Senior Accountant – Corporate accounting

– Director with International and Federal Tax experience – Partnership too

– Senior Auditor (less than 10% travel)

– Operational Auditor – 50% travel

– AP Supervisor – small company, family atmosphere

– Senior Accountant – Oil & Gas – Right hand person to the Controller

– Tax Analyst – Federal & State – Amazing tenure in this group!

– CFO – San Antonio – retail background preferred

– Budget Analyst – banner experience preferred

– Billing Clerk

– AP Clerk MUST speak French

News and Resources

Financial Analyst – North, near IAH – Oil and Gas – dcd@fittsroberts.com

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Financial Analyst
Job Summary:
The Financial Analyst provides financial support to the Controller and/or Financial Center Mgr. in order to ensure that each significant business decision is given proper financial consideration. This role can be held in a Financial Center or more project oriented within a geographic location.
Essential Responsibilities and Duties:
* Analyze and control investment (Capex, Inventory, Projects, DSO)
* Perform monthly reviews of Profit & Loss and Balance Sheet accounts relating to area of responsibility, including business indicators such as profitability and liquidity
* Present monthly analysis on costs and revenue
* Assist with financial planning, forecasting and monitoring of results versus objectives
* Ensure across-the-board implementation of standard finance practices
* Identify weaknesses in internal control and suggest improvements
* Assess and highlight opportunities for increased cost efficiencies
* Develop and evaluate business or project financial metrics and drivers
* Design and implement project controls
* Evaluate currency exposure
* Support mentoring and development of Accountants
* Participate in Internal Audit assignments and support fraud investigations
* Conduct financial training for field engineers and managers
* Assist with ad hoc reporting, analysis or projects as required
* Understands, reviews, implements and complies with Sarbane Oxley requirements as defined in the risk control matrix
Previous Experience and Competencies:
Finance or Accounting Degree or equivalent professional certification, MBA
3-5 years in a financial role.
Problem solving – intermediate project estimation and complexity, creative and innovative quality solutions, analytical oriented, and good decision making skills
Leadership – functions independently and in a team, project mgt. skills, mentoring skills and can set/accomplish objectives.
Communication – intermediate oral/written communication skills, customer services oriented, and interacts frequently with peer groups, subordinates and senior management advising on area of responsibility
Cross Discipline: Understanding of interaction with other disciplines, company strategy and the principles of Quality Management

Cost & GL Accountant – Sugar Land – EMAIL: dcd@fittsroberts.com

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Growing company.

Staff/Senior Accountant

  • Month end close – including accruals and expenses
  • Reconciliation – balance sheet
  • Understand or have knowledge of costing (either standard or average)

 

Corporate Accounting Manager – Galleria – EMAIL: dcd@fittsroberts.com

Posted on by Dianedelgadolemaire

The corporate accounting manager will effectively manage all general accounting activities for multiple corporate controlled entities under Generally Accepted Accounting Principles (GAAP).  The Corporate Accounting Manager is responsible for managing the month-end close process and supervising the corporate accounting staff to ensure timely and accurate financial reporting and analysis.  The position will report to the Assistant Controller and be called on to interact with executive management as needed.

Primary Responsibilities:

  • Maintain policies, procedures and internal controls required to ensure financial statements of corporate companies are prepared timely and in accordance with GAAP.
  • Maintain procedures to ensure expenditures made by corporate departments are identified and properly accrued each month
  • Ensure compliance with internal controls
  • Complete monthly variance analysis of financial statements for all corporate companies
  • Complete monthly departmental analysis reports comparing actual to budget and prior year actuals
  • Supervise month-end close and financial statement preparation process
  • Supervision of accounts payable
  • Evaluate processes and procedures for improvement and develop recommendations for improvements
  • Ensure timely reconciliations to supporting ledgers or documentation of all GL account balances
  • Ensure all bank account balances are properly reconciled on a monthly basis
  • Ensure information required for entries to be made by subsidiaries is accurate and is provided timely
  • Identify profit improvement or cost reduction opportunities at corporate
  • Respond to inquiries made by independent auditors and or Business Compliance department
  • Provide team assessments to executive management
  • Develop relationships with all corporate departments and be responsive to their needs
  • Supervise and review reconciliations for multiple subsidiary accounts to ensure accurate reporting of consolidated financials
  • Manage annual budgeting process for corporate departments and corporate companies

Requirements

  • Bachelor’s Degree in Accounting; CPA or CPA candidate preferred
  • 5+ years experience, including audit, supervisory and management experience
  • Strong understanding & ability to interpret and apply GAAP
  • Hyperion experience a plus
  • Public company experience a plus
  • Strong verbal communication skills
  • Ability to maintain productive working relationships with other employees outside of the department
  • Ability to exercise initiative and sound judgment
  • Consolidation experience a plus
  • Strong skills in use of complex Excel spreadsheets

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 – NW Houston – dcd@fittsroberts.com

Posted on by Dianedelgadolemaire

50 to 55K plus 10% bonus

responsibilities:

Assist with the preparation of financial statements on a weekly, periodic and annual basis for the accounting management team

Prepare and complete journal entries by compiling and analyzing source data associated with the assigned areas of responsibility

Conduct analytical review of accounts prior to the closing of the books each period

Prepare general ledger reconciliations

Identify potential improvements in work flow processingAssist with process and procedure documentation

Perform various month end analysis and reviews to help ensure timely and accurate reporting within the financial statements of the company

Prioritize and meet deadlines and complete projects in a timely manner

Required:

Bachelor Degree in Accounting,

2-3 years of hands on general accounting experience

Computer skills – Excel, Word, PowerPoint & Access

Diane Delgado LeMaire|　Senior Managing Director, Accounting & Finance Recruiting | Creative Financial Staffing, a division of Fitts, Roberts CPA Firm | 5718 Westheimer Suite 800 | Houston, TX 77057 |713-260-5238