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)
Growing company.
Staff/Senior Accountant
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:
Requirements
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|
Growing company adding to their team!
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|
Directs financial accounting activities by performing the following:
Duties may change and associates may be required to perform other duties as assigned.
Requirements:
Primary Responsibilities
• Assists in execution of the external regulatory financial reporting function:
o Analysis of GAAP financial statements and supporting information to determine impact on regulatory reporting
o Calculation of adjustments between GAAP and FERC’s Uniform System of Accounts
o Review of system generated FERC accounting reports for reasonableness
o Review of information provided by other departments for reasonableness
o Preparation of several FERC Form 6 filings
o Responsible for the compilation and organization of support files for all aforementioned filings
• Performs technical accounting research pertaining to regulatory reporting, including the preparation of memorandums reporting conclusions of such research to management
• Assists in the process of keeping abreast on current accounting and industry related topics, assesses the impact on regulatory reporting of those topics and informs other departments of potential impact upon their reporting procedures
• Assists in development and maintenance of additional system generated reports to improve the efficiency of the regulatory reporting process
Education and Experience Requirements
• Bachelors degree in accounting required
• Experience within or general understanding of the midstream oil and gas industry is preferred
• Proficient with Microsoft Office 2007, including general PC skills
Personal Attributes and Position Requirements
• Strong communication skills, both written and verbal, and ability to interact effectively with various levels of staff and management
• Motivated, self-directed and results-driven approach to work, also takes ownership of assigned tasks
• Deadline orientated
• Ability to independently develop solutions to problems/challenges as they arise
• Excellent organizational skills and pays attention to details
• Effective in a dynamic environment, adapting to and managing change in a positive and proactive manner
• Capable of establishing effective working relationships that promote teamwork and collaboration
• Effective interaction with financial reporting and financial accounting
Type of Position
• Full time
GENERAL ACCOUNTABILITIES
Performs detailed operational and financial audits and special projects. May lead audits on small projects but will generally assist experienced senior/staff level personnel during planning of the engagement, reporting the results of the work and administering the project with Company and/or department management and appropriate Company and/or Department Personnel.
SPECIFIC RESPONSIBILITIES
• Keeps the Lead Auditor informed – responsible for communicating significant audit concerns and issues relevant to the project to the lead auditor timely. When functioning as a lead auditor, keep the Manager informed of such issues and situations. Also responsible for tracking time by significant audit program segment and providing time to the lead auditor each Monday. Should also keep the lead auditor informed of time-off requests submitted to the Manager and other administrative matters affecting availability.
• Performs Project Work – gather substantive data from accounting records, operational reports, interviews with company/department personnel and observations. Ensures the project work is conducted and documented in accordance with the Institute of Internal Auditing Standards of Professional Practice, Generally Accepted Auditing Standards, and Internal Audit Department policies.
• Continues Professional Development – participate in professional and industry organizations and obtain training as needed to keep abreast of current professional and industry trends and events. Required to provide a detailed career plan, training preferences, and project preferences to the Manager prior to or during the annual performance assessment.
Benefits Options:
• Health benefits (medical, dental, vision, life)
• 401K Retirement Savings Plan with company match
• Vacation and sick time
• Tuition reimbursement
EDUCATIONAL/Experience/MINIMUM Requirements
Education:
• Bachelor degree in Accounting, General Business or a related discipline
Certification:
• Certified or candidate for certification (CPA, CIA, CISA)
Experience:
• 2 years of auditing experience or equivalent experience in a related field
Knowledge, Skills & Abilities:
• Strong risk assessment and analytical skills
• Ability to work within a team environment
• Excellent analytical skills
• Ability to clearly articulate complex ideas, and creative problem solving abilities
• Demonstrated strong interpersonal and communication skills
Intercompany (IC) Position Duties
1. Reconcile monthly IC/GIS activity against Oracle Local GL and Consolidated GL monthly activity to make sure they all match each other in USD. Contact appropriate personnel about variances that need to be corrected by Preliminary close each month.
2. Review and compare IC sub-ledgers in Excel to Unsettled Reports in GIS for accuracy and matching each other.
3. Help prepare IC invoices & backup (creating & printing relating to netting IC AR & IC AP and clearing old IC balances (acct. 120004).
4. Help from time to time to enter IC invoices into GIS in time crunch.
5. Prepare IC JE entries each month and review & post IC JE entries in Oracle GL.
6. Run queries on IC/GIS account activity.
7. For local audits confirm that year end IC balances kept locally agree or disagree with balances (IC sub-ledgers) kept by Corporate IC/GIS dept.
8. Oversee that the yearly revaluation of IC balance sheet account balances is done only on companies where it is allowed by local statutory laws & entity does not do monthly revaluations of IC accounts already.
9. Respond to inquiries from various personnel across the world about what makes up IC balances (detail), issues with accessing Oracle GIS, need training manuals & examples for entering IC invoices into Oracle GIS, needing copies of entered IC invoices & support backup, and IC invoice templates for various IC transactions types in a timely manner.
10. Reconcile Oracle Local to Statutory Local for IC balance sheet accounts by obtaining detail data from field offices to be able to compare IC invoice by IC invoice between Oracle Local/GIS and Statutory Local. Document which IC invoices are causing the problem and note why the IC invoice(s) were not allowed in Statutory Local books. (Preferably before an entity is converted to Oracle as the main accounting system for them).
Qualifications:
• Bachelor degree in Accounting, CPA preferred but not required
• 3-5 years of experience
The person should be knowledgeable of US GAAP and advanced Excel skills would be preferred. The person should have a working knowledge of Oracle 11i (IC, GL, AR, & AP), ADI (Oracle), and Discoverer (Oracle) software, although not essential. Knowledge of Monarch software would be beneficial but not required.
Industry News and Updates
This has been an interesting start to the 4th quarter of the year. I can’t say that we are super busy on the direct hire side of our business, but we have been very steady. Although year to date, the CFS Houston Team has become one of the top CFS offices for growth! The demand for contract workers is very high. We are seeing this locally in Houston and nationally (40 offices nationwide). I wonder how much of an impact the coming election is having on the types of hires companies are making (temporary vs. permanent) and if we will see the flood gates open after we receive the election results. I guess we will have to wait and see.
I continue to be optimistic about our local economy. Most of the news we see every day about Houston is very positive. We were just recently name the number one city in the US for Manufacturing by Forbes. Just simply drive around town and there seem to be buildings going up every where (especially on the west side of town). Construction is always the last industry to come out of a recession, so I am sure this is just the beginning of what’s to come. According to the GHP Houston added almost 90, 000 jobs by the end of August 2012. We are experiencing one of the fastest growth rates in the nation. Again, very positive news. It is great to live in such a wonderful and prosperous city. Oh, and by the way GO TEXANS! They are having an amazing year and I am certain making a positive impact on our local economy :-). Until next time……
Local Statistics:
National / Houston Unemployment rate: 7.8/6.7
Price of Oil: $95 (last year $95)
Oil Rig Count: 1955 (last year 1835)
Industries hiring: Oil & Gas, Healthcare, Oil & Gas Field Services, Retail, Chemicals and Services, Construction, Manufacturing
Positions in demand: Senior Accountants,Auditors, Financial Analysts
Industries not hiring or flat: Telecommunications, Government
Openings:
Articles:
Forbes names Houston No. 1 city for manufacturing jobs
Credit Manager
The Credit Manager will be responsible for credit and collection decisions, monitoring of accounts receivable and notes receivable for all companies, and other related decisions within the financial services division. This hands-on position will use analytical skills in conjunction with customer service and business knowledge to manage credit risk.
Essential Functions of the Job:
o Review credit applications to ensure that information needed to make decisions are included and complete
o Review financial statements to determine credit worthiness and project viability
o Approve or deny credit based on key factors reviewed
o Set customer credit terms
o Monitor the accounts receivable and notes receivable on all companies
o Talk with all new and existing customers regarding their needs for working capital, remodel loans, acquisition loans, etc.
o Assist in ensuring that all loans are properly secured; close on loans
o Maintain confidential or sensitive information
o Call on delinquent accounts and make arrangements to keep account current
o Collect all returned checks on all companies
o Foreclose on loans when necessary
o Manage letters of credit
o Work as liaison with legal to file suit when all collection efforts have failed
o Work independently and have the ability to lead initiatives with coworkers and management
o Prepare for acquisitions, both internal and those of our customers by matching of perspective buyers and sellers of stores following established company guidelines
o Supervises one staff member who handles light level credit review; processes returned checks; maintains reports; light level collections; and general office duties
o Holds decision making authority up to and including stop deliveries, credit limits, collection efforts, etc.
o Other tasks required by manager or business operations
Required:
o 7-10+ years management level experience in credit, collections, and lending
o BA/BS in Business with emphasis in accounting or finance
o Strong knowledge of financial statements and ability to read and interpret the data to determine credit worthiness
o Ability to work directly with business leaders and relate financial analysis to business decision making
o Ability to understand the unique factors beyond the financial statement that must be considered when making credit decisions
o Strong analytical and problem solving skills
o Excellent customer service and interpersonal skills
o Strong verbal and written communication skills
o MS Office – Intermediate level
Key Responsibilities
Minimum Requirements:
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
ESSENTIAL DUTIES AND RESPONSIBILITIES:
POSITION SPECIFICATIONS:
BASIC PURPOSE OF POSITION:
Provide the timely and accurate recording of revenue for properties owned by the Company through directing the Revenue Accounting process and staff. Interaction with Operations, Marketing, Property Administration and Land personnel to set-up and maintain revenue file data will also be required.
Audit Manager Role with a Fast Track to Partner
Email: dcd@fittsrorberts.com for more information and the complete job description.
Our client is growing and looking to add two Accounting Managers to their team. No oil & gas experience necessary. We are looking for Accounting Managers with heavy corporate accounting and/ or SEC reporting experience. Some of the responsibilities will include: preparing statements of cash flow in multi-company environment and create and communicating the monthly, quarterly and annual close calendar. They will also monitor and drive the close process of subsidiary entities and sub-ledgers to meet calendar close requirements and prepare those entries necessary for the consolidation, which may include consolidating elimination entries, entries to record noncontrollling interests and journals required for complex transactions. We are looking for someone with a minimum of 10years experience in general ledger, consolidations and/or financial reporting roles. and extensive knowledge of U.S. Generally Accepted Accounting Principles. Futuremore experience with M&A, debt offerings and consolidations tools preferred. CPA is not neccessary.
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 |713-490-6003 | dcd@fittsroberts.com
Have you been looking for a chance to break into the Oil and Gas industry? Do you speak Russian? Boy, do I have an opportunity for you. Email me to learn more about this: dcd@fittsroberts.com
$65-70K plus bonus, stock plan, competitive benefits.
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August 2012 Industry News and Updates Diane – can you believe that Summer is almost over? Right now it seems that most people are focused on last minute vacations, back to school shopping and getting prepared for unbelievable amounts of traffic on the freeways again. I must say, I do love the sunny and warm days of summer, but I am ready for the fall. One of the main reasons for that excitement is not only the change in weather, but the amount of hires that happen in September, October and November. These are typically the busiest months for permanent placements. Contract placements tend to be higher in the summer months, although there are record numbers of temporary hires happening this year. So what is new to Houston? According to the Greater Houston Partnership’s Economy at a Glance, consumer confidence seems to be improving. Houston enjoyed the highest auto and home sales numbers since 2007 this past month. The GHP ties this back to 3 factors which include: job and income growth, as well as the strong performance of the energy industry. They also mentioned that the average annual wage is up $9,100 from 2009. I can tell you first hand that making a move right now does not mean you have to go backwards in salary. That is not to say that people are not making lateral moves, but for the most part everyone is seeing an increase in salary. The market is still doing very well in Houston and good talent is getting harder to find. Accountants like yourself will benefit from that today and for years to come! Please feel free to email me with any questions you may have and stay tuned for the next newsletter in October. Local Statistics:
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Local Searches
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Cost Accounting Analyst – Sugarland Area – Need Standard Costing!
Senior Accountant – East Houston – Manufacturing – Again, standard costing
Interim Controller – South Houston 610 area – prefers some healthcare experience
Business Analyst – West Houston – HFM Hyperion
Operations Analyst – Galleria – good communication skills, multi location experience
Accounting Manager – Energy Trading – Very hands on…roll your sleeves up
Corporate Accounting Manager – Need Exploration and Production experience
Tax – various levels of public accouting, Industry – Sales Tax role – Multistate
Staff and Senior Auditor – Various industries, including oil and gas, retail – Need some public accounting experience
Credit Analyst – need letters of credit and credit risk experience
AP Supervisor – Downtown
Treasury Analyst – Bond / Fixed Income Analysis experience required
Diane Delgado LeMaire
dcd@fittsrobert.scom
713-260-5238
Credit Analyst – $60,000-70,000 + Bonus