|
|
Wealthy Spur Increased Need for 'Family Offices'
|
|
The need for "family offices" - a segment of the wealth management
industry that serves extremely wealthy families - is growing
fast enough that a war for talent has emerged. |
|
Nov 02 2006 |
|
|
Asian Advisers Leverage Community |
|
When building their businesses, Asian financial advisers have
a unique opportunity to leverage their insight into their
own communities. |
|
Nov 01 2006 |
|
|
Edward Jones Has 10-Year Plan |
|
Edward Jones plans to continue its expansion efforts by hiring
investment advisers and support staff, strengthening market
share in the U.S. and Canada, and investing up to $260 million
to expand its headquarters near St. Louis. |
|
Oct 31 2006 |
|
|
CareerWire: Bookkeepers, Cost Accountants See Pay
Rise |
|
Salaries seen rising for bookkeepers, cost accountants...
More companies use signing bonuses to attract financial professionals...
Commerce Bank expands Corporate Trust Department... and more.
|
|
Oct 30 2006 |
|
|
Offshoring Comes to the Back Office
|
|
An evolution in offshoring could eventually move a number
of back office jobs outside of the U.S., saving large corporations
as much as $58 billion a year and impacting some 1.5 million
positions between now and 2016. |
|
Oct 27 2006 |
|
|
Demand Seen Pushing Financial Salaries in 2007
|
|
Continued demand for accounting and finance professionals
will push starting salaries higher in 2007, as businesses
mull expansions and continue to wrestle with compliance requirements.
In particular, professionals in compliance, internal audit,
financial analysis and public accounting should benefit. |
|
Oct 25 2006 |
|
|
Bonuses Boost Risk-Technology Compensation
|
|
Risk professionals in software and technology earned a 7 percent
average increase in total compensation in 2005 as an 11 percent
rise in bonuses bulked up a 3 percent bump in salaries. |
|
Oct 24 2006 |
|
|
Ask the Expert: Reaching Beyond Company Networks
|
|
"I
take advantage of my company's networking and mentoring programs,
but sometimes feel like I see the same people at each event.
How can I extend my network beyond this regular circle?" |
|
Oct 23 2006 |
|
|
CareerWire: The Time Demands on CFOs
|
|
CFOs and time management... Burr Wolff names Midwest property
tax vice president... Your comments on illegal immigration...
and more. |
|
Oct 23 2006 |
|
|
Atlanta's HomeBanc Cuts Workforce |
|
As it announced its expectation for a wider-than-anticipated
third-quarter loss, Atlanta-based HomeBanc Corp. said it's
reducing the workforce of its HomeBanc Mortgage unit by 4
percent. The move will save the firm about $19 million. |
|
Oct 20 2006 |
|
|
For Brokers, Training Issues Come into the Open
|
|
Are financial services firms on the edge of a new model in
broker training? As Morgan Stanley's James Gorman urges firms
to be "brutal" in sending their least effective advisers packing,
and executives of smaller firms remark on the inability of
wirehouses to expand the ranks of successful FAs, some wonder
if the time is right to adapt new approaches to developing
novices. |
|
Oct 19 2006 |
|
|
Corporations Use Project Professionals to Fill Gaps
|
|
Sarbanes-Oxley, increased regulatory scrutiny, globalization
and downsizing has left Fortune 100 companies lacking well-credentialed,
senior-level personnel to meet ever-increasing professional
demands. But the corporations' challenge can be the outside
professional's opportunity. |
|
Oct 18 2006 |
|
|
Mid-Size CPA Firms Form National Network
|
|
Twenty two mid-size accounting firms have formed a national
network, designed to act as a single firm and better compete
with the Big Four. The network, Baker Tilly USA, offers tax,
audit and consulting services under one brand name. |
|
Oct 17 2006 |
|
|
Treasury Departments Staff Up to Field Wider Roles
|
|
The responsibilities of corporate treasurers are growing as
they play a greater role within their companies. While these
executives have long been responsible for managing cash flows,
they're now being drawn further into the strategic framework
of their organizations, creating new opportunities and responsibilities
for themselves and those in the treasurer's department. |
|
Oct 16 2006 |
|
|
CareerWire: More Firms Send Women Overseas
|
|
More companies sending women overseas... Schwab cuts number
of advisers in referral program... A.G. Edwards puts money
behind its hunt of top producers. |
|
Oct 16 2006 |
|
|
How Managing Up Positions You for Growth
|
|
Even if no one reports to you, your job still involves managing
people - the ones occupying slots above yours on the organization
chart. It's called "managing up," and those who do it well
can become indispensable to their organizations, resulting
in choice assignments and promotions. |
|
Oct 13 2006 |
|
|
One Author's Tactics for Women, Minorities
|
|
In Minority Rules: Turn Your Ethnicity Into a Competitive
Edge, Kenneth Arroyo Roldan and Gary Stern identify what
they say are key strategies women and minority executives
can use to rise through the ranks of corporate America. In
an exclusive interview Roldan, chief executive of search firm
Wesley, Brown and Bartle, says: "You can't change a company
that doesn't embrace the principles of diversity. So, you
have to control your own destiny." |
|
Oct 12 2006 |
|
|
Firms Seek Advisers From Range of Backgrounds
|
|
A financial background may not be the most important part
of an erstwhile financial planner's resume, which is good
news for newcomers trying to break into a field that's feeling
pinched for qualified talent. |
|
Oct 11 2006 |
|
|
CareerWire: Hispanic Credit Card Market Shows Promise
|
|
Credit card companies have opportunities in Hispanic market...
Harris's myCFO opens Northeast office... BNY plans cuts...
and more. |
|
Oct 10 2006 |
|
|
Tips for Finding That Overseas Job |
|
If you're interested in finding a finance position abroad,
there are a few things to consider before you start packing.
First on the list: the economic health of the country you're
interested in, as well as the jobs considered "hot" there.
|
|
Oct 06 2006 |
|
|
First American Launches Subordinate Lien Group
|
|
First American Corp. launched First American Subordinate Lien
Outsourcing group, a unit that will develop information solutions
for the subordinate lien market. The group will serve as "a
storefront" for many of First American's second lien products,
leveraging the company's property and credit databases. |
|
Oct 05 2006 |
|
|
Considering Coaching? Consider This
|
|
Many financial professionals view a personal cheerleader as
a necessary investment on their way to achieving their goals.
But before you embrace the idea that coaching is indispensable
to success, think carefully about whether it's the best approach
for you. To start, consider whether any of these descriptions
apply to you. |
|
Oct 04 2006 |
|
|
Top Interview Mistakes - And How to Avoid Them
|
|
Few people really like job interviews: You have to be "on,"
the stakes are high, and you have to show off your expertise
and intelligence every step of the way. "Successful interviewing
reflects your ability to sell yourself," says Steve McMahan,
president of Kforce Professional Staffing. "That becomes easier
when you recognize the potential pitfalls and learn to avoid
them." |
|
Oct 03 2006 |
|
|
CareerWire: U. Wyoming Eyes Online Accounting Program
|
|
U. Wyoming may offer online accounting certification... Ford
Motor Credit to cut 2,000 jobs... Wachovia Securities will
create new wholesale lending unit...and more. |
|
Oct 02 2006 |
|
|
Compensation Stable for Energy Risk Professionals
|
|
Risk professionals in the energy sector received modest compensation
increases during 2005, but should benefit if investment banks
and hedge funds increase their activity in the area and the
markets' instability continues. |
|
Sep 29 2006 |
|
|
Countrywide Warns of Layoffs |
|
Countrywide Financial Corp. has warned its staff to expect
layoffs as falling home sales take their toll on the firm's
mortgage business. |
|
Sep 27 2006 |
|
|
Recruiters Can Make You More Likeable
|
|
It's an age-old conundrum: How do you promote yourself to
managers or prospective employers without sounding too impressed
with yourself? The answer, says Jeffrey Pfeffer of the Stanford
Graduate School of Business, is to get a recruiter to do the
promotion for you. |
|
Sep 27 2006 |
|
|
CFOs See Steady Hiring in Fourth Quarter
|
|
Hiring within accounting and finance departments will remain
steady during the last quarter of 2006, with six percent of
chief financial officers planning to add full-time personnel
and two percent anticipating a cut in staff levels. That net
four percent increase is unchanged from the third-quarter
forecast of the quarterly Robert Half International Financial
Hiring Index. |
|
Sep 25 2006 |
|
|
CareerWire: Morgan Stanley Pauses in Layoffs
|
|
Morgan Stanley is taking a break from layoffs in its wealth
management division... Financial firms fuel job changes with
hefty compensation to advisers... U.S. workers value health
benefits over pay. |
|
Sep 25 2006 |
|
|
From Independent CPA to Corporate Finance
|
|
Big companies expect their CPAs to have experience with accounting
issues unique to public firms, especially compliance with
Sarbanes-Oxley and other regulations. The need for that kind
of track record makes jumping from an independent firm to
a corporate finance department challenging. The key is to
understand the CFO's needs, and set about building a resume
that demonstrates you can meet them. |
|
Sep 22 2006 |
|
|
Ask the Expert: Can I Transfer After Just a Year?
|
|
"I
like to follow a one year rule: Stay employed with a firm
for one year before making any change, and work in a position
for one year before pursuing a new opportunity." |
|
Sep 21 2006 |
|
|
Mellon Names Wealth Management Head in S. Calif.
|
|
Mellon Financial Corporation has appointed David Emmes managing
director of Private Wealth Management in southern California.
Russell Kartub has been promoted to managing director of portfolio
management. |
|
Sep 20 2006 |
|
|
CareerWire: Make the Most of Online Search Tools
|
|
Making the most of online search tools… Layoffs at Mercer...
C-level CPAs on corporate hiring. |
|
Sep 19 2006 |
|
|
Career Path: Al Mariano, Accountemps
|
|
"You
can check your company's intranet for job information, but
that's not as effective as having those personal relationships."
|
|
Sep 15 2006 |
|
|
50? You're Not Old, You're Seasoned
|
|
Whether you're pushing or pulling the big five-oh, it can
be tough to find a job. So it's not unethical to give your
resume - and your waistline - a few nips and tucks. |
|
Sep 14 2006 |
|
|
CareerWire: UBS Strengthens U.S. Presence
|
|
UBS to acquire McDonald Investments of Cleveland to strengthen
U.S. presence… A record 462 of FORTUNE 500 companies provide
sexual orientation protection… Securian named “Great Place
to Work in the Twin Cities”… and more |
|
Sep 12 2006 |
|
|
California CPAs Benefit from Strong Demand
|
|
Good news for certified public accountants in California:
The state's strong demand for CPAs should continue. |
|
Sep 07 2006 |
|
|
Some Hiring Managers May Up the Ante
|
|
Most hiring managers say its more difficult to find qualified
candidates than it was a year ago, a dynamic that may play
into candidates' hands as they negotiate the terms of a new
position. However, indications are few candidates are taking
advantage of the pressure. |
|
Sep 06 2006 |
|
|
CareerWire: Investment Firms Pursue Defectors
|
|
Investment firms fight back against defectors... Top accounting
firms grow their revenue... For jobs, look to the Great Plains...
and more. |
|
Sep 05 2006 |
|
|
Position Yourself for a New Job - Discreetly
|
|
Recruiters say financial professionals can gain an inside
track for plum jobs through a proactive approach that includes
regular networking, researching potential employers, working
selectively with recruiters and undertaking projects that
will broaden your skills. All of these activities, they point
out, can be pursued without signaling an interest in leaving
one firm for another. |
|
Sep 01 2006 |
|
|
Do Your Homework on Prospective Employers
|
|
Doing your homework on prospective employers is critical to
your chances of landing a new position. Nearly half of the
executives recently polled said that not knowing about their
company was the most common mistake they saw job-seekers make
during interviews. |
|
Aug 31 2006 |
|
|
Diversity at Deloitte & Touche USA |
|
Kaplan Mobray, U.S. diversity recruiting leader for Deloitte
& Touche USA, discusses his firm’s efforts to diversify its
workforce: "We know that diverse and satisfied team members
foster innovation." |
|
Aug 30 2006 |
|
|
Public Company Executives Lured by Private Equity
|
|
Private equity groups are working hard to recruit senior executives
away from public companies, offering more money and a chance
to leave behind the short-term pressures that are part of
dealing with the capital markets. |
|
Aug 30 2006 |
|
|
CareerWire: Return of the Perk |
|
Companies are bringing back low-cost perks… Merrill Lynch
asks panel to end its obligation to broker who won discrimination
suit… Residential mortgage brokers eye commercial loans… and
more. |
|
Aug 28 2006 |
|
|
CPAs Need Communications Skills to Advance
|
|
Communication skills are more important than ever when it
comes to climbing the corporate ladder. But what are accountants
to do, when they spend more time number crunching than dealing
directly with people or learning to write effectively? The
answer: Learn the communication skills you need to rise to
the next level. |
|
Aug 24 2006 |
|
|
Ask the Expert: I'm Qualified - Why Can't I Find a
Job? |
|
You've got solid experience and the job market is tight. Why
aren't employers making offers? |
|
Aug 24 2006 |
|
|
Women Make Inroads to CFO's Office |
|
Although women have long been underrepresented among corporate
executives, they’re making modest inroads to the CFO's office.
In the S&P 500, women presently hold about seven percent of
CFO positions, according to an informal analysis of data from
Hoover's, a service which maintains a database on 16 million
companies. |
|
Aug 23 2006 |
|
|
Demand for CPAs Rising Globally |
|
As if financial executives didn't have enough trouble finding
CPAs in the U.S., word is spreading that companies overseas
are seeking the very same talent. |
|
Aug 22 2006 |
|
|
CareerWire: From CFO to CEO |
|
From CFO to CEO… Insurance Training Benefits Financial Advisers…
Citigroup Expanding in Key Markets. |
|
Aug 21 2006 |
|
|
MBA Applications Rise |
|
Applications to full-time MBA programs have risen for the
first time in three years, according to the Graduate Management
Admission Council. Much of the increase comes from international
students, the GMAC said, although more women are applying
as well. |
|
Aug 21 2006 |
|
|
Number of CPAs at Standstill, Even as Need Grows
|
|
The number of Certified Public Accountants grew just over
1 percent between 2003 and 2006, even though the pass rate
for the CPA exam has increased. |
|
Aug 18 2006 |
|
|
What Tax Directors Look for When Hiring
|
|
Whether you aspire to be a tax manager or a tax accountant,
you need certain skills to get ahead working in a corporate
tax department. Here are five things tax directors consider
before hiring new staff. |
|
Aug 16 2006 |
|
|
How to Move Around The Baby Boomers
|
|
Efforts by companies to retain baby boomers are frustrating
younger professionals by delaying promotions and infringing
on their independence at work. If you're in Generation X or
Generation Y, you've got to be creative to attain the position
you want. |
|
Aug 15 2006 |
|
|
CareerWire: Private Firms Buy Into SOX
|
|
More private companies comply with at least some parts of
Sarbanes-Oxley... Court won't dismiss overtime suit against
A.G. Edwards... Federal agencies face mass retirement of procurement
officers... and more |
|
Aug 14 2006 |
|
|
Five Things CFOs Look For in Job Candidates
|
|
"What
are they looking for?" Everyone who has responded to a job
ad has asked themselves that question. To shed some light,
we called several CFOs to find out what those elusive honchos
seek in new hires. |
|
Aug 11 2006 |
|
|
Piper Advisors Depart Ahead of Takeover
|
|
Around 81 - or nearly 10 percent - of Piper Jaffray's financial
advisers resigned from the firm's retail brokerage unit during
the second quarter, followed by 31 more during two weeks in
July. The departures come as Piper's takeover by UBS Wealth
Management USA approaches. |
|
Aug 10 2006 |
|
|
Leadership Skills As Career Tools |
|
The quality of your leadership skills can impact your career
path. In fact, industry sources say, strong managerial skills
are almost as important as the ability to sell a product.
But the key word there may be "almost." |
|
Aug 09 2006 |
|
|
CareerWire: Thrifts Leaving Mortgages, Broker Pay
Drifts and More |
|
Thrifts getting out of mortgages... Pay for brokers rose just
1 percent in 2005... Fidelity hiring 2,000 in North Carolina...
and more. |
|
Aug 07 2006 |
|
|
Bank of America Hires for Wealth Management
|
|
Bank of America plans to add 650 jobs in its wealth management
division before the end of the year. |
|
Aug 04 2006 |
|
|
CFOs Value Communicators; Learning Skills is Up to
You |
|
Communication skills have become more important to accounting
and finance professionals, but you may be on your own when
it comes to developing them. |
|
Aug 03 2006 |
|
|
Tips for Responding to Online Ads |
|
Job-seekers often complain their responses to online ads disappear
without any reply from employers. In reply, HR departments
and hiring managers say their work is made harder by e-mails
that are too long, inappropriate or simply miss the mark.
To help you break through, here are some tips on making your
message as effective as it can be. |
|
Aug 02 2006 |
|
|
CareerWire: Auditing Your Job Search
|
|
Auditing your job search... Quality of life in Des Moines...
Hiring nice people as policy. |
|
Jul 31 2006 |
|
|
Salary Increases Slowing for Accountants
|
|
While demand for professionals in audit, tax and management
services at public accounting firms is expected to continue
for many years, salary increases will be less dramatic in
2006. |
|
Jul 28 2006 |
|
|
Certifications Showcase 'Real-World' Expertise of
CPAs |
|
The sheer number of advanced certifications available beyond
the CPA designation can be daunting. But what's the best one
to earn to advance on your career path? It seems specialization
is key to figuring out the best certification for you. |
|
Jul 26 2006 |
|
|
IT Hiring Ramping Up |
|
Demand continues strong for technology professionals across
a range of industries. In fact, nearly half of all companies
plan to use summer interns to help out their IT departments.
|
|
Jul 26 2006 |
|
|
Citigroup to Stay Course in Face of Pressure
|
|
Citigroup Chairman and Chief Executive Charles Prince says
he won't "starve the business" simply to boost the firm's
stock price. |
|
Jul 26 2006 |
|
|
CareerWire: Changing the Gender Equations
|
|
Women are still making slow progress into executive suites...
Merrill Lynch says attracting FAs a cornerstone of growth
strategy... DaimlerChrysler mulls outsourcing accounting jobs.
|
|
Jul 24 2006 |
|
|
Hispanic FAs Find More Opportunities
|
|
The growth in the Hispanic market means financial companies
must develop a workforce representative of the customers they
want to reach. While many Hispanic FAs prefer to work for
themselves, opportunities are increasing for those interested
in joining a larger organization. |
|
Jul 21 2006 |
|
|
Top 3 Banks Focus On Internal Growth
|
|
Bank of America, Citigroup and JPMorgan Chase are focusing
on growing from within, a strategy that could help position
them to face a cooling economy. |
|
Jul 20 2006 |
|
|
UBS Opens Office For 'Ultra-High-Net-Worth' Clients
|
|
UBS has opened an office in New York dedicated to serving
ultra-high-net-worth clients. The Park Avenue office will
be staffed by 13 wealth advisors and three private bankers,
and will offer a suite of brokerage, trust and private banking
services, the company said. |
|
Jul 19 2006 |
|
|
Goldman Sachs Leaders Emphasize 'Doing'
|
|
Financial companies like people who get things done. Students
looking for ways to position themselves might want to consider
the backgrounds of the Goldman Sachs Global Leaders, a group
of 100 high achieving college students from 20 countries.
Their common thread: real accomplishments, some made even
before they've entered college. |
|
Jul 19 2006 |
|
|
Merrill Official Says Firm Can 'Do Better' In Diversity
|
|
Even as they contend with a class-action lawsuit alleging
racial discrimination in its brokerage operation, officials
at Merrill Lynch say they have to do better when it comes
to hiring and promoting black financial advisors. |
|
Jul 18 2006 |
|
|
CareerWire: Banks, Insurers Keep Looking for Common
Ground |
|
Banks, insurers keep exploring consolidation... Small-business
owners like their local bank branches... The Hartford promotes
three to develop retirement business... and more. |
|
Jul 17 2006 |
|
|
Chicago Fertile Ground for CPAs |
|
The winters may be cold, but the job market for accountants
in Chicago is hot, says Elaine Weiss, president and chief
executive of the Chicago-based Illinois
CPA Society. |
|
Jul 14 2006 |
|
|
Using Facts to Deal with an Unreasonable Boss
|
|
Have a difficult boss? Calm and facts can help you cope with
uncomfortable situations. |
|
Jul 14 2006 |
|
|
Retirements, Expanded Role Spur Hiring in Corporate
Tax |
|
Once considered a dead-end, tax departments have become integral
parts of their company's management teams and key players
in long-range planning. |
|
Jul 12 2006 |
|
|
CareerWire: Mentors Count, SOX Costs Still Rising
|
|
Most CFOs had a mentor... Compliance costs still rising...
Surprise! SOX spurred hiring... and more. |
|
Jul 10 2006 |
|
|
Internal Audit Still Faces Talent Shortage
|
|
Although a number of companies have tried to expand their
internal audit departments to cope with the demands of Sarbanes-Oxley,
a lack of talent has kept many positions unfilled. |
|
Jul 06 2006 |
|
|
Follow Ups Are Important - Even When There's No Reply
|
|
Conventional wisdom says you should always follow up with
prospective employers after you've sent them a resume or met
them for an interview. But many candidates find such tactics
fruitless: Either they receive no response from their actual
contact, or find no way to reach a live human being. We asked
Dawn Fay, a New York regional vice president of recruiter
Robert Half International,
how best to proceed. |
|
Jul 05 2006 |
|
|
CareerWire: Gates Foundation Looks for Financial Talent
|
|
Gates Foundation seeks financial talent... Morgan Stanley
closing branches... Grant Thornton, Northwestern Mutual earn
high marks as IT workplaces. |
|
Jul 05 2006 |
|
|
Dramatic Pay Increases For Risk Executives
|
|
Pay for risk professionals has risen dramatically over the
last five years as companies have become more pro-active,
and less reactive, in their approach to risk. |
|
Jun 30 2006 |
|
|
Legg Mason Reorganizes Businesses |
|
Legg
Mason will separate its retail and mutual fund businesses
and reshuffle its management. |
|
Jun 28 2006 |
|
|
CareerWire: Careful What You Post Online
|
|
Being smart about online profiles... Morgan Stanley faces
discrimination charges... Credit Suisse expands private banking...
and more. |
|
Jun 27 2006 |
|
|
SOX Leads To IT Opportunities |
|
Sarbanes-Oxley has opened up a growing range of opportunities
for accountants and other financial professionals with solid
IT skills. |
|
Jun 22 2006 |
|
|
Certified Fraud Examiners In Demand
|
|
Whether they're ferreting out tax improprieties, securities
fraud or money laundering, financial professionals certified
as fraud examiners are hot properties on the job market. |
|
Jun 21 2006 |
|
|
CareerWire: Risk Professionals Receiving Earlier Bonuses
|
|
Risk professionals' bonuses benefit from high demand... Financial
employers see slightly more hiring in third quarter... Vanguard
bonuses miss target... and more. |
|
Jun 19 2006 |
|
|
IT Security Professionals See Increasing Demand, Salaries
|
|
The financial business has developed an appetite for network
security specialists in response to federal compliance mandates
and consumers vulnerable to the surge of PIN numbers, online
banking and crafty hackers. |
|
Jun 16 2006 |
|
|
Good Background, Strong Skills - And No Job?
|
|
Despite a perfect resume, flawless references and years of
experience, some finance professionals are finding it difficult
to land a job suitable to their skills. Even people who've
put in time at Big 4 accounting firms or well-known investment
banks have sometimes gotten less-than-receptive reactions
from prospective employers. |
|
Jun 14 2006 |
|
|
CareerWire: Accounting, Financial Workers Happier
Than Most |
|
Accounting and financial workers say they're happier than
most... Merrill Lynch creates diversity office in private
client group... PWC adds ethics to annual training... and
more. |
|
Jun 12 2006 |
|
|
Underwriters, Actuaries Benefit From Insurance Mergers
|
|
Despite an expected spurt of mergers and acquisitions within
the insurance sector, the industry still needs qualified underwriters
and actuaries. |
|
Jun 09 2006 |
|
|
Ernst & Young Launches 'Working Moms Network'
|
|
Ernst
& Young launched a 'Working Moms Network' to provide support,
resources, networking and mentoring opportunities for new,
expectant and veteran mothers. |
|
Jun 08 2006 |
|
|
Static Networks Can Be Dangerous To Your Career
|
|
They say it's good to have friends in high places. Yet many
in the accounting and retail banking sector - particularly
women and minorities - spend most of their time with people
just like themselves. |
|
Jun 07 2006 |
|
|
CareerWire: Tax Departments Need More Resources
|
|
Corporate tax departments need additional resources... Turnover
among Fortune 500 chief financial officers increased last
year... More than 84,000 people were expected to take the
CFA exam... and more |
|
Jun 05 2006 |
|
|
Demand For Socially Responsible Investing Jobs Outpaces
Need |
|
While socially responsible investing has been a buzz word
for nearly 20 years, interest in the practice of encouraging
corporate sustainability through sound social and environmental
practices has gained momentum in recent years. But while the
financial industry is paying more attention to SRI, the number
of professionals trying to enter the field still outstrips
the demand of investors. |
|
Jun 02 2006 |
|
|
Women Reach Beyond Internal Networks
|
|
Tell a woman CPA in Connecticut she’s being transferred to
California and within a day she’ll have a list of the best
pediatricians in Los Angeles and a list of local women’s soccer
teams looking for players. |
|
May 31 2006 |
|
|
CareerWire: Job Cuts At Regions Financial, Accounting
Grads Well-Regarded |
|
AmSouth, Regions Financial plan job cuts... Australia needs
accountants... CFOs see accounting grads as well-prepared...
and more. |
|
May 30 2006 |
|
|
Diversity At Citigroup's Corporate and Investment
Banking Division |
|
jobsinthemoney.com recently spoke with Patricia David, managing
director and global head of diversity/talent and employee
programs for the corporate and investment banking division
of Citigroup. David is responsible for overseeing, developing
and implementing the diversity strategy for nearly 49,000
employees around the world. |
|
May 26 2006 |
|
|
Starting Salaries Climb For New MBAs
|
|
Starting salaries of newly graduated MBAs have risen 4.2 percent
since 2005, spurred by hiring among employers confident about
the overall economic outlook. |
|
May 24 2006 |
|
|
Recruiter Stanton Chase Launches Financial Division
|
|
The executive recruiting firm Stanton Chase International
has created a financial advisory division and seeking to hire
a staff of ten recruiters by the end of the year. The company
will recruit only brokers with $1 million or more in production.
|
|
May 23 2006 |
|
|
CareerWire: HSBC The Leading Firm For Women Executives
|
|
Financial firms dominate Diversity Inc.'s list of best
companies for women executives... NewStar Financial hiring
for West Coast office... Royal Bank of Scotland to offer corporate
banking services... and more. |
|
May 22 2006 |
|
|
CFOs Gain Higher Profiles At Hedge Funds
|
|
As hedge funds continue to grow in both numbers and assets,
the role of the chief financial officer is becoming more challenging
and high profile, according to industry experts. |
|
May 19 2006 |
|
|
IT Auditors Salaries At Premium |
|
Information technology auditors, professionals who determine
whether corporate IT systems are effectively maintaining Sarbanes-Oxley
controls, are in demand from a wide range of companies. |
|
May 16 2006 |
|
|
CareerWire: Jobs Outlook Strong - For Now
|
|
The overall U.S. job outlook is strong for the next 6-12 months,
but predictions for financial services might be described
as ''steady, but slow''... The number of women in leadership
roles in Illinois CPA firms has remained largely unchanged
over the last four years... A Massachusetts stockbroker has
sued Citigroup Smith Barney for allegedly failing to pay him
overtime... and more. |
|
May 15 2006 |
|
|
Feeling Burned Out? Accountants Have Options
|
|
In college, you majored in accounting. You sweated through
the CPA exam and put in countless billable hours as a young
practitioner. Now you're well into a successful career. But
what happens if you discover making numbers talk no longer
carries the thrill it once did? |
|
May 12 2006 |
|
|
International Accountants Welcome At U.K. Investment
Banks |
|
Interested in working across the pond? British investment
banks have relaxed their attitudes about hiring candidates
from overseas - especially when it comes to senior accountants.
|
|
May 11 2006 |
|
|
Morgan Stanley Paring Down Broker Training
|
|
Morgan
Stanley plans to fire half of its 1,000 trainees and pare
down its broker-training program after deciding the program
isn't producing enough successful financial advisors. |
|
May 11 2006 |
|
|
Morgan Stanley Dangles Bonuses To Lure Brokers
|
|
Morgan Stanley is using attention-getting bonuses to lure
high-producing financial advisors into its ranks. |
|
May 10 2006 |
|
|
CareerWire: Corporate Lawyers Face SOX Pressures
|
|
SOX pressures corporate lawyers… Business students respond
to accounting… Small firms consider outsourcing… And more.
|
|
May 08 2006 |
|
|
Black Financial Advisors Confront Misperceptions
|
|
African-American financial advisors say they’re building successful
businesses despite an array of misperceptions about black
investors. |
|
May 05 2006 |
|
|
Demand Pushes Salaries Of Wealth Advisors
|
|
Wealth advisers are in increasingly high demand – a trend
reflected in the increasingly sexy compensation packages they’re
being offered. |
|
May 03 2006 |
|
|
Know Your Company, Follow The News, And Network
|
|
Smart job hunters thoroughly research prospective employers.
Job holders can benefit by performing similar due diligence
on the firm where they work now. |
|
May 03 2006 |
|
|
CareerWire: Block Seeks 500 Financial Advisors In
Next Five years |
|
H&R Block Financial Advisors is seeking advisors... Evaluating
your current employer... Lincoln Financial makes recruitment
move... Accounting firms balk at CE aid. |
|
May 01 2006 |
|
|
Women, Minorities Lag In Executive Ranks
|
|
Women and minorities continue to lag in gaining management
positions in large financial firms, according to a report
by the Equal Employment Opportunity Commission. ''This report
shows that we still have some ways to go,'' EEOC Chair Cari
Dominguez said. ''The report found that women of all races
and backgrounds advance more slowly as they climb up the career
ladder.'' |
|
Apr 28 2006 |
|
|
Mortgage Banking Jobs Hold Steady |
|
Some economists believe the market for new homes isn’t as
strong as the surge in March sales figures would suggest.
Media reports note that builders have been cutting prices
to address rising mortgage rates, and the number of available
homes is increasing. What’s it all mean for mortgage bankers?
Despite some fallout on the consumer side, observers see their
job security as being pretty solid. |
|
Apr 28 2006 |
|
|
Pay Rises In Corporate Tax Departments
|
|
It’s no secret the job of corporate tax departments has become
tougher. The challenges they face, and the ongoing scramble
to find talent to meet them, is translating into higher compensation
for tax professionals at the top of their GBMe. |
|
Apr 26 2006 |
|
|
CareerWire: TIAA-CREF Hiring Advisors; UBS Works To
Retain Piper Brokers |
|
TIAA-CREF plans to hire 500 financial advisors... UBS is offering
Piper brokers retention packages... And more. |
|
Apr 24 2006 |
|
|
As SOX Costs Drop, Will SOX Opportunities Follow?
|
|
As corporate America’s compliance-related costs level off,
finance professionals focusing on SOX-related work may soon
need to switch gears. |
|
Apr 21 2006 |
|
|
IRS Recruiting Revenue Agents |
|
The Internal Revenue Service is seeking hundreds of revenue
agents, many for its small-business/ self-employed division,
and is offering signing bonuses to those willing to work in
''hard-to-fill'' locations. |
|
Apr 21 2006 |
|
|
Corporate Finance Compensation Jumps
|
|
Macro trends are creating macro pay increases for those in
the corporate finance world. Double-digit compensation increases
stem from stiffer federal regulation and a push for corporate
growth – two movements that have companies scrambling for
top-notch finance staff in a time of short supply. |
|
Apr 19 2006 |
|
|
Executives Look For Resume Follow-Ups
|
|
You've submitted your resume to a prospective employer. Now
what? Most executives think you should follow up within two
weeks: It shows you to be self-motivated and pro-active -
traits managers value. |
|
Apr 17 2006 |
|
|
CFOs Predict Increased Hiring For Finance Staffs
|
|
When business is good, chief financial officers hire. According
to the latest quarterly survey by Financial Executives International,
business is good. Over the next 12 months, 77 percent of the
200 CFOs surveyed by the organization expect to hire more
staff for their companies’ financial areas. |
|
Apr 14 2006 |
|
|
BET Founder’s Bank Expects To Offer 'Opportunities'
- Eventually |
|
Robert L. Johnson, founder of the cable network Black Entertainment
Television, is positioning himself to become owner of the
largest African-American controlled financial services business
in the U.S. Although the company has no specific hiring plans
to reveal just yet, a representative said experienced financial
professionals can look for “rich opportunities in the future.”
|
|
Apr 10 2006 |
|
|
Opportunities Arise from U.S. Investment in Asian
Real Estate |
|
As U.S. investment in Asian real estate grows, professionals
with a background in underwriting, financial analysis or property
appraisal and valuation can look East for additional job opportunities.
|
|
Apr 07 2006 |
|
|
Finance Chiefs Paid More In U.S. |
|
U.S. finance directors are better paid than their colleagues
and second-tier executives elsewhere in the world.
|
|
Apr 04 2006 |
|
|
Small Accounting Firms Have More Women Partners
|
|
Although more women are becoming partners in U.S. accounting
firms, the proportion is greater among smaller firms. |
|
Apr 03 2006 |
|
|
Private Banking Opportunities On The Rise
|
|
As more banks and other financial companies work to develop
a wealthier client base, opportunities are rising for bankers
and others considering a move to private banking. |
|
Mar 29 2006 |
|
|
Are Companies Serious About Diversity?
|
|
Nearly 80 percent of the jobsinthemoney.com users who responded
to a snap poll asking whether their company is serious about
diversity said “no.” |
|
Mar 27 2006 |
|
|
For SOX Staffers, Workload May Be Key Challenge
|
|
Many accounting managers have said the intricacies and tedium
of Sarbanes-Oxley compliance has discouraged accountants and
auditors from getting into the field – or made them itchy
to get back into what they regard as “core” financial functions.
But could the challenge be simply that SOX specialists are
overworked? |
|
Mar 24 2006 |
|
|
Unintended Consequences Of Work/Life Programs
|
|
A decade ago, professional service firms began offering women
more flexibility as they replaced their “up-or-out” attitude
with flextime, maternity leave and part-time options. But
as more women take advantage of programs that allow them to
pursue the “mommy track” or “family track,” the pool of women
remaining in leadership roles has been shrinking. |
|
Mar 22 2006 |
|
|
Mellon Seeks To Expand Private Wealth Management Group
|
|
Mellon Financial Corporation has created a unit within its
private wealth management group to set strategies and practices
for sales, marketing and client service. |
|
Mar 20 2006 |
|
|
CFOs Earning Impressive Compensation
|
|
Chief financial officers of leading companies - like Citigroup,
Wyeth and Coca-Cola - are getting impressive compensation
packages. |
|
Mar 17 2006 |
|
|
Baby Boomers’ Retirement Opens Career Paths
|
|
As the 76 million Baby Boomers begin exiting the workforce,
career opportunities should increase for younger financial
professionals. |
|
Mar 17 2006 |
|
|
Banks, Credit Unions Offer Opportunities For Wirehouse
Reps |
|
Banks and credit unions offer career alternatives for brokers
and financial advisors who've traditionally spent their time
in wirehouses. But anyone making the transition will need
to approach their job differently. |
|
Mar 16 2006 |
|
|
Thrivent Financial To Hire 675 Representatives
|
|
Thrivent Financial for Lutherans, the not-for-profit financial
services firm focused on the Lutheran markerplace, said it
plans to hire 675 financial representatives by the end of
this year. |
|
Mar 13 2006 |
|
|
More Firms Seek Forensic Accountants
|
|
The demand for forensic accountants who can untangle complex
financial knots is growing. |
|
Mar 10 2006 |
|
|
Five Signs It’s Time To Move On |
|
Knowing when to quit your job usually boils down to instinct.
Yet in banking and finance, where takeovers and lackluster
bonuses are regular occurrences, there can be telltale signs
it’s time to move on. Here are a few. |
|
Mar 08 2006 |
|
|
Rising Above Your Past Employer |
|
If you worked at one of the accounting firms or corporations
implicated in the creative accounting scandals of the last
few years, will prospective employers hold it against you?
|
|
Mar 03 2006 |
|
|
Agency Needs Defense Contract Auditors
|
|
The Defense
Contract Audit Agency is hiring entry-level auditors,
offering modest starting salaries in return for reasonable
hours and a chance to gain experience you can put to more
lucrative use a few years down the line. |
|
Mar 01 2006 |
|
|
Bulk Of Compliance Costs Go To Staffing, Compensation
|
|
About 94 percent of the $25.5 billion spent on compliance
by the securities industry during 2005 went to staffing costs,
according to a survey by the Securities Industry Association.
|
|
Feb 27 2006 |
|
|
Demand For Internal Auditors Pushes Salaries
|
|
Public and large privately held companies continue to seek
experienced accounting professionals for internal audit positions.
|
|
Feb 24 2006 |
|
|
Candidates With Disabilities Sought By Financial Firms
|
|
Commercial banks, accounting firms and other financial companies
that face labor shortages are recruiting candidates with disabilities.
|
|
Feb 22 2006 |
|
|
Commercial Real Estate Firms Seek Financial Professionals
|
|
As commercial real estate has become more sophisticated and
Wall Street-friendly, professionals with backgrounds in accounting
or experience in controller or chief financial officer functions
are seeing their value rise. |
|
Feb 17 2006 |
|
|
Pension Expertise In Growing Demand
|
|
As reform and funding pressures increase the challenges involved
in running a plan, financial professionals who’ve stayed on
top of pension issues may find themselves in increasing demand.
|
|
Feb 15 2006 |
|
|
Correcting Your Credit Report Before Your Job Interview
|
|
More and more companies are checking the credit and background
reports of their employment candidates. Before sending in
a resume, smart job-seekers should pull their own documents
to make sure their information is correct. Here’s how you
do it. |
|
Feb 13 2006 |
|
|
Price Expects Hiring To Stay Flat, Despite Strong
Business |
|
T. Rowe Price expects to keep its hiring essentially flat
this year, despite record results in 2005’s fourth quarter
and a growing institutional business that’s gotten the attention
of the likes of Institutional Investor. |
|
Feb 10 2006 |
|
|
Merrill Lynch Cuts Brokers' Cash Compensation
|
|
Merrill Lynch has quietly reduced the cash compensation of
its brokers by 1 percentage point while crediting an extra
1.5 points to the company’s deferred stock plan, according
to the trade newspaper Investment News. |
|
Feb 08 2006 |
|
|
Home Equity Lenders Keep Hiring |
|
Despite rising interest rates, home equity lenders are still
hanging help wanted signs in their windows. |
|
Feb 06 2006 |
|
|
Financial Services Firms Look Outside
|
|
What are you going to do with that liberal arts degree? How
about financial services? |
|
Feb 02 2006 |
|
|
IRS Needs Agents, Auditors as Retirements Loom
|
|
The IRS’s Large and Medium Size Business Division (LMSB) is
staffing up as many of the career staffers who conduct or
manage corporate audits approach their retirements. Pay packages
could prove taxing to some, however. |
|
Jan 31 2006 |
|
|
Your Own Best Cheerleader: Find a Coach
|
|
Lauren*, a long-time employee of Big Four accounting firm
Deloitte, had worked her way up to manager of Northeast operations
in a New York-metropolitan area division that then underwent
an organizational transition. That set a career change into
motion. |
|
Jan 31 2006 |
|
|
Speak Up and Speak Better: Communication Skills Primer
|
|
“Hi. Okay, you guys, hi. How’s it goin’? I’m your presenter
today, so just, like, open your packets and, like, follow
along with the PowerPoint so we can jargon, jargon, jargon,
gobbledygook, thirty-six million four hundred twenty-nine
thousand eighteen point one percentage points and more, you
know, like, jargon. Okay?” |
|
Jan 26 2006 |
|
|
Know Your File Before a Background Check
|
|
Got something in your background that you’d rather not discuss
during your next job interview – like a conviction for disorderly
conduct or a really low credit score? Do your homework before
you start mailing out your resume, because most companies
are going to look your background right after they look at
your resume. |
|
Jan 25 2006 |
|
|
H-1B Visas Put U.S. Financial IT Jobs at Risk
|
|
The foreign job threat for American technology workers isn’t
limited to work that can be sent abroad. Companies are using
skilled workers brought in under the H-1B visa program to
replace American staff with foreign workers who are paid substantially
less – nearly $13,000 a year less on average according to
a recent study. |
|
Jan 19 2006 |
|
|
Certifications Aplenty in Financial Planning for Seniors
|
|
Years ago, one big baby boomer question was, “Dad, can I have
the car tonight?” Now the boomers have their own cars. Dad,
now retired, might be sitting on a comfortable-to-substantial
nest egg. But he’s still being pestered. |
|
Jan 19 2006 |
|
|
Balance of Power Shifting to Employees
|
|
If one of your resolutions for 2006 is to find a new job,
you’ll be happy to know that the hiring picture for accounting
and finance is robust, particularly if your skills are strong.
|
|
Jan 10 2006 |
|
|
Accountants' Pay Jumps on Lack of Supply
|
|
If you’re an accountant who can both crunch numbers and talk
management through them with the same panache, you are in
high demand and low supply in many U.S. markets. And you may
be worth more than you think. |
|
Jan 10 2006 |
|
|
Industry and Big 4 Want Audit Managers
|
|
One thing’s for sure if you aspire to become an audit manager
at either a Big 4 firm or in private industry: You’ll need
to be a CPA. But the demand is high and salaries are up over
last year. |
|
Jan 03 2006 |
|
|
Diversity Hiring Pushed by Banks’ Market Demographics
|
|
When it comes to hiring diverse workforces, retail banks are
noticeably more aggressive than their investment-bank brethren.
|
|
Jan 03 2006 |
|
|
Sarbox Costs Down but Hiring Still Strong
|
|
A recent study commissioned by the Big 4 shows that total
Sarbanes-Oxley Section 404 implementation costs, not surprisingly,
are projected to decline substantially for both larger and
smaller companies in the second year of implementation. What
does this mean on the hiring and pay fronts?
|
|
Dec 20 2005 |
|
|
Bank Branch Managers See Huge Churn
|
|
As the talent pool for branch managers continues to shrink,
commercial banks have responded with stock options, increased
compensation, business casual dress codes and recognition
events like paid resort vacations. |
|
Dec 19 2005 |
|
|
CFOs say Pay, Hiring to Freeze |
|
Chief financial officers are holding the line on 2005 bonuses
and raises. And good luck if you decide to seek a fatter paycheck
elsewhere, because those same CFOs aren’t planning to do much
hiring in the first quarter of 2006, according to two recent
surveys. |
|
Dec 13 2005 |
|
|
CPAs Back in the Black |
|
Financial firms are pushing recruiters to find Certified Public
Accountants (CPAs) or candidates with Bachelor’s or Master’s
degrees in Accounting. They’re also offering all the right
incentives for the right candidates. |
|
Dec 09 2005 |
|
|
The Gang’s All Here: Surviving a Group Interview
|
|
It’s rare for multiple candidates for the same job to be interviewed
at the same time, experts say. What’s not uncommon is for
one applicant to be interviewed simultaneously by several
people at a hiring company. Stressful, yes, but there are
ways to turn a group interview to your advantage. |
|
Dec 06 2005 |
|
|
Surviving Sarbanes-Oxley |
|
As the Sarbanes-Oxley Act enters its second year of implementation,
organizations and individuals are looking back to assess the
costs of compliance and the sustainability of the consequent
infrastructure, and forward toward streamlining those elements.
|
|
Nov 29 2005 |
|
|
Good Communication Means Better Bottom Lines
|
|
Talk isn’t cheap, at least not according to a major new study
of U.S. and Canadian corporations by Watson Wyatt Worldwide,
a human capital consulting firm. |
|
Nov 28 2005 |
|
|
Unhappy at work? You're not alone |
|
Are you dissatisfied with where you work? If so, join the
80% of finance professionals who are unhappy with their employers.
It could be time for a rebalancing act. |
|
Nov 15 2005 |
|
|
Don't Let Resume and Interview Gaffes Wreck Your Job
Chances |
|
If you want to land a job in the detail-oriented worlds of
accounting, finance or banking, there’s one skill you cannot
be without, says Doug Rickart, division director for Robert
Half Finance and Accounting in Minneapolis. |
|
Nov 10 2005 |
|
|
Pay Pressure Pushes on Big Four Rivals
|
|
Employees of small and medium-sized public accounting firms
could enjoy fatter pay rises than their top-tier colleagues
in 2006. |
|
Nov 04 2005 |
|
|
Workplace Diversity Is a Bottom-Line Issue
|
|
Female entrepreneurship has grown rapidly over the last decade,
and the numbers of women at corporations, including those
in corporate finance and those in leadership positions, continue
to increase. But the numbers also show that women – both as
employees and as board members – aren’t just taking up space.
They’re also enhancing the bottom line. |
|
Nov 01 2005 |
|
|
Wal-Mart Goes A-Banking |
|
Retail giant Wal-Mart filed an application in July with the
Federal Deposit Insurance Corporation to establish an industrial
bank in Utah to process its monthly volume of 140 million
credit and debit transactions. The FDIC received over 1,000
letters – many times the norm – commenting on the proposal
and had to extend the public comment period to two months
from one. |
|
Oct 31 2005 |
|
|
Annual Bonuses: Carrots Dangle Higher, Sticks Get
Longer |
|
Annual bonuses are being scrutinized in an effort to design
equitable pay packages in the wake of corporate accounting
scandals and criminally excessive compensation paid to top
executives at many firms. And everyone’s feeling the fallout.
|
|
Oct 24 2005 |
|
|
Market Is Strong for Temporary Accounting Pros
|
|
The recent announcement by H&R Block that it plans to increase
its tax network’s peak temporary work force by 39,000 professionals
– nearly 40% – in the coming filing season prompts the question,
“What besides tax season drives the market for temporary accounting
pros?” |
|
Oct 18 2005 |
|
|
Where are the Good Actuarial Candidates? Guest Comment
|
|
Scott
Rollins is President of the Chicago area executive search
consultancy S. C. International, which has specialized in
the recruitment of actuaries and employee benefits talent
since 1984.
With
more than thirty years in recruiting, the last twenty of which
have focused on the actuarial and employee benefits marketplaces,
I have seen both strong and weak job markets. And in order
to adapt to a changing job market, savvy employers and job
seekers alike have had to improve their processes and procedures
for working with executive search firms. But unfortunately,
a good number are still approaching the job market blindly
and not reaching their maximum potential.
|
|
Oct 17 2005 |
|
|
Corporate Finance Pay Jumps Highest for Execs
|
|
A new survey suggests corporate finance staff enjoyed higher-than-average
pay increases in 2005, and senior professionals enjoyed the
biggest increases of all. |
|
Oct 13 2005 |
|
|
Retail Banking: Sell, Sell, Sell or Else
|
|
The banking trend that has tellers selling home loans is making
its way into the back-office, as more and more institutions
are requiring everyone from the CFO on down to bring in new
business. |
|
Oct 11 2005 |
|
|
Bye-bye Stock Options, Hello Incentive Pay Mix
|
|
Reaction to the excessive compensation paid to top WorldCom,
Tyco, Enron and other executives is driving more than media
attention. It’s also responsible for a spate of new government
regulations designed to curb future abuses and concomitant
trends in overall compensation.
|
|
Oct 03 2005 |
|
|
Is Your Boss a Bully? Part 2 |
|
On September 6, jobsinthemoney.com published “Is Your Boss
a Bully?” That article struck a nerve among readers, drawing
42 posted responses at last count, the largest number the
site has seen to date. Many respondents asked for more concrete
information about techniques for managing a bully/target situation.
|
|
Sep 27 2005 |
|
|
Accounting Standards Watchdog Names Chief
|
|
The Financial Accounting Foundation has named Robert DeSantis
as its president and chief operating officer. |
|
Sep 23 2005 |
|
|
Mature Workers: A New Challenge for Employers
|
|
By the end of this decade, some 64 million baby boomers will
stare down the road to retirement. This fact leaves some companies
facing an about-turn on their employment practices. |
|
Sep 23 2005 |
|
|
Compliance Demands Controllers |
|
The recent emphasis on enhanced corporate governance reporting
and controls has focused mainly on the growing demand for
accountants well versed in them. But the demand for controllers,
and what controllers can command in pay, is rising, too, recruiters
say. |
|
Sep 16 2005 |
|
|
Treasurers Usually Promoted, Not Hired
|
|
In the wake of Hurricane Katrina, as with 9/11, many companies
are turning to their treasurers - and paying them a bundle
- to reevaluate their insurance coverage and reassess their
risk-management scenarios. But don’t expect to see tons of
treasurer jobs being advertised. |
|
Sep 12 2005 |
|
|
Is Your Boss a Bully? |
|
Thought you left that playground bully for good back around
the third grade? Guess again. He – or she – can come back
to haunt you in the form of your boss. |
|
Sep 06 2005 |
|
|
Torn Between Two Job Offers |
|
Your technical skills, interpersonal communication and references
are top-notch. Your shoes are shined, your suit is pressed,
every hair’s in place and there’s a smile on your face. And
so you find yourself in the enviable position of having multiple
job offers to consider. You can only accept one, so now what?
|
|
Aug 30 2005 |
|
|
Summer Reading: Manners Matter |
|
Sure, your parents always taught you to say “please” and “thank
you” and not put your elbows on the table. They coached you
to write prompt thank-you notes because they knew that having
good manners would help to smooth out your life. But could
they have known to instruct you not to give a clock as a gift
in Japan because it’s a symbol of death? Business etiquette
– whether around the dining table or the conference table
– is a whole different ball GBMe. |
|
Aug 25 2005 |
|
|
Pay Hikes To See a Slight Pickup - Plus More Employees
To Get Them |
|
More U.S. workers will have a bit more money in their paychecks
soon, according to the latest survey of employers' pay raise
intentions by WorldatWork, a nonprofit human-resources trade
group. |
|
Aug 17 2005 |
|
|
Sarbox Makes Salaries Snowball |
|
Remember those Saturday morning cartoons? The ones where a
little snowball kept jouncing downhill, growing and growing
until it was as big as Mars? The recent rapid increase in
compensation for any corporate accountant involved with Sarbanes-Oxley
reporting, SEC reporting or auditing is giving similar momentum
to accountants’ salaries.
|
|
Aug 12 2005 |
|
|
Staff Accountants Show Slight Uptick in Salary
|
|
There’s good salary news for staff accountants at all levels
in most industry sectors – including those who work in South
Carolina – according to pay experts. South Carolina?
|
|
Aug 08 2005 |
|
|
Market for Actuaries on the Rise |
|
The market for actuaries in all disciplines has been quite
strong this summer, says recruiter David Simpson, managing
principal of D.W. Simpson & Co. http://www.actuaryjobs.com/
“We’re getting 20 to 30 new positions an all disciplines and
at all levels each week. That’s just our firm, although we
are the biggest,” he adds.
|
|
Aug 04 2005 |
|
|
The Mommy Track: How Not to Derail Your Career
|
|
Is the end of the line on the ‘Mommy Track’ Glass Ceiling
City? Sometimes. But one can find alternate – and often scenic
– routes around that dead end. |
|
Aug 02 2005 |
|
|
Fraud Examiners Do Good |
|
It sounds like the lineup on the six o’clock news: Identity
theft. Money laundering. GBMing control and surveillance.
Health care, insurance, bank, mail and Internet fraud. And
this is by no means a complete list of fraud examiners’ remits.
|
|
Jul 26 2005 |
|
|
Forensic Accountants Follow Trail of More Jobs, Pay
|
|
If you’re a CPA who’s technically proficient, intellectually
curious, persistent, creative and discrete – and who always
secretly yearned to be Sherlock Holmes – grab your deerstalker
hat and your magnifying glass and find a position in forensic
accounting. The field, while niche, is booming. |
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Jul 19 2005 |
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Insurance Underwriters Can Write Their Own Ticket
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The job market - and pay - for insurance underwriters is sizzling
hot, especially if you can crunch the numbers and then make
them sing during a sales pitch. |
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Jul 15 2005 |
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Financial Analysts Ascend in Pay, Hiring
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After playing second fiddle to accountants recently as the
rush to compliance dominated corporate finance, financial
analysts are back in demand, recruiting experts say. |
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Jul 12 2005 |
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Ace that Interview - Top Ten Tips |
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Last week Alcoa, Ameritrade, Ford, Interstate Bakeries and
Winn-Dixie all announced reductions in their respective workforces.
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Jul 05 2005 |
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To Calculate or to Communicate, That Is the Question
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Question:
To build a successful career in public accounting is it
more important to have solid information technology skills
or effective communication skills?
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Jun 28 2005 |
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SOX Moves Management Accountants' Pay Up
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Love it or hate it, Sarbanes-Oxley is proving a boon for management
accountants. A new salary survey claims their pay has leapfrogged
pay for public accountants even amid one industry association's
calls for cutbacks to SOX. |
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Jun 21 2005 |
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Matchmaker, Matchmaker, Get Me a Job
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Fiddler
on the Roof has Yenta, the matchmaker. The corporate world
has recruiters. Same principle, slightly different parameters.
But if you want to find a job you love, developing a relationship
with a recruiter, says Heidrick and Struggles’ Michele Heid,
“is a phenomenal idea.” |
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Jun 16 2005 |
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Open the Door to the Big 4 |
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'No one wants to work for me, although I could use the help.
They all want to work for the Big 4,' laments one New Jersey
CPA with a small private practice. But how does a Big 4 aspirant
become a Big 4 employee? |
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Jun 07 2005 |
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Where You Went Wrong |
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It's been months since you started looking for a job and you
still haven't found anything. Wondering where you're going
wrong? JobsintheMoney.com has created a 10-step checklist
you can use to figure out just where your search is derailing.
Starting with Step #1, have you accomplished each task? |
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Jun 01 2005 |
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Career Shift: Housing Counsellors Earn High Karma
And Low Pay |
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If you love the counseling aspects of financial planning or
loan origination, but can't stomach sales, there may be another
option for you – a move into the non-profit sector where about
3,500 organizations provide homeownership and financial fitness
counseling to consumers. |
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May 31 2005 |
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Auditing Auditors' Salaries |
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Stringent regulations, corporate scandals, and a spate of
prosecutions have created a need for competent auditors. But
while some experts in the field describe a hiring and compensation
frenzy, others have a more dispassionate view. |
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May 27 2005 |
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Your Career: Build a Vision, Make It Real
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Tired of the same old grind? Want more money? A better title?
More responsibility? A corner office with an ocean view? Well
hey – do something about it. |
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May 20 2005 |
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Interim Managers See International Growth
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Cliché has it that variety is the spice of life, and after
several years in the same job it may well be easy to see why.
In search of renewed vigour, some Chief Financial Officers
are reinventing themselves as interim managers. |
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May 16 2005 |
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Insurance Jobs Are Spring's Hot Spot
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Despite ongoing investigations of fraud, allegations of bid-rigging
and even interest on the part of the FBI, the hiring picture
in the insurance industry is strong, employment experts say.
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May 16 2005 |
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Letter from London: We Want Flexitime and We Want
it Now |
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Flexible working is a great idea, but could it be career suicide?
Ask someone who knows in Europe or the U.S., and the answers
diverge. Here's how to get yours. |
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May 10 2005 |
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Background Checks: Honesty Is Still the Best Policy
|
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If it could happen to Coach George O’Leary, briefly of Notre
Dame, it could happen to you. Resume inflation or fabrication
has undone some of the best and the brightest. |
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May 03 2005 |
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Craft Cover Letters and Resumes that Earn You a Second
Look |
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If you plan to be among the four in ten making a job move
soon, distinguish yourself from this thundering herd of defectors.
You’ll need a dazzling cover letter and a brilliant resume:
a total package designed to sell your skills and talents to
potential employers. |
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May 03 2005 |
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XBRL Know-How Means Extra Pay for CPAs
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If you’re an analyst who’s on a first-name basis with EDGAR,
you might want to meet its new cousin, XBRL. A beautiful,
and profitable, relationship could result. |
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Apr 25 2005 |
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Mortgage Banking Designations: Nice-To-Haves or Must-Haves?
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Looking for a way to separate yourself from the herds of people
who went into mortgage banking during the refinance boom?
Earning a designation from the Mortgage Bankers Association
of America (MBA) may give you the edge over the competition
when you’re job hunting, but it may not raise your salary
in your current job. |
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Apr 18 2005 |
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Career Path: PwC US Tax Services Principal
|
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Carl Dubert is a principal in the Washington National Tax
Services practice of PricewaterhouseCoopers (PwC) in Washington,
DC. Here he explains his route to PwC (for the second time)
via Deutsche Bank and the U.S. Treasury. |
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Apr 13 2005 |
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Relocating Means Negotiating the Best Package
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You live in Baltimore and you’ve just been offered two jobs:
one in Kansas City, Missouri, and the other in Columbus, Ohio.
The jobs pay the same, but the company in Kansas City offers
to pay your relocation expenses. How hard will your wallet
be hit if you take the job without relocation benefits? |
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Apr 12 2005 |
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Ask the Expert: “I’m Over 55 and Unemployed. Help!”
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Q: How does one re-enter the job market after being out of
work for more than three years? I’m over 55, have a B.S. degree
in accounting, am not a CPA and am currently unemployed. |
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Apr 11 2005 |
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Just How Good IS That Offer? |
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You’ve been offered your first job in banking, accounting,
finance or insurance. It seems like your new employer is offering
you a good compensation package, but wouldn’t you like to
know what everybody else is getting before you decide how
good their offer is? |
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Apr 07 2005 |
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More Jobs, Pay for June Grads |
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The outlook on pay for this June’s graduates is warming up,
with offers in the high 30s to low 40s, thanks to growing
demand for entry-level finance, accounting and banking professionals.
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Apr 04 2005 |
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Take the Offer and Run |
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A recruiter has brought you an offer of a better salary from
a competing firm. You go into your manager’s office to resign
and receive a counteroffer. Should you take it? |
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Mar 29 2005 |
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Wall Street Calling All Accountants, Controllers
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If you’ve ever wanted to jump ship and work in accounting
on Wall Street, now could be the time to do it. |
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Mar 23 2005 |
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War for Talent: Students Run for the Front Line
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Public accountants are striving to attract students earlier
in their college careers and they're pulling out all the stops
to do so. |
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Mar 18 2005 |
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Letter from London: Forensics Accountants Earn Premium
Pay |
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Forensic accountants in both the U.K. and U.S. are typically
paid more than standard auditors. It’s good news for anyone
with a talent for sniffing out malfeasance. |
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Mar 09 2005 |
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Network Your Way to the Top |
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“I can find my next job all by myself” is one myth that needs
to be exploded, say search experts. The old conventional wisdom,
“It’s not what you know, it’s who you know” is alive and well.
So get out of your chair, into some social and professional
events, and nurture your network. |
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Mar 09 2005 |
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The Job Hunt: Birth of a Salesman |
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Regardless of your professional experience and title, when
you’re job hunting you become a salesman with one product:
you. |
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Mar 02 2005 |
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Letter from London: We Want You, Say Big 4
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In their desperation to hire newly qualified accountants to
work in the U.K., the big four accountancy firms are turning
their attention overseas. |
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Feb 22 2005 |
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DoD to Feed Army of Auditors |
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If you've got a CPA and secret security clearance, Washington,
D.C. is about to become a very lucrative place for you. The
Department of Defense (DoD) has just let an almost $1 billion
contract to 20 accounting and IT companies who will help the
agency’s Office of Inspector General earn clean audits from
each of the military services and dozens of defense agencies.
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Feb 18 2005 |
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Get Up to Speed on Sarbox |
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Many readers have been writing in to ask about training venues
for Sarbanes-Oxley compliance, both in general and in terms
of Sarbox’s IT component. If you feel you’re not up to snuff
on the various Sarbanes-Oxley Act requirements (can you say
SOX 404?), or the technology to help get the job done, there
are conferences and websites that can help. |
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Feb 18 2005 |
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CFOs Take Sweet Time to Fill Jobs |
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The typical chief financial officer takes four weeks to fill
a staff-level accounting position and six weeks to bring a
new manager on board, according to a recent survey from Robert
Half International, Inc. |
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Feb 15 2005 |
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Ante Up for Chief Risk Officers |
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Corporate entities are beginning to realize that Kenny Rogers
was right all those years ago. You gotta know when to hold
’em. Know when to fold ‘em. That’s why they’re now hiring
chief risk officers (CROs). |
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Feb 11 2005 |
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Financial Planners Get Top Pay in Growing Sectors
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Among the alphabet soup of certifications for financial planners
- CPA, CLU, ChFC, CFP and more - there is one constant: Those
who earned the right to put those initials after their names
make more money than those who didn't. |
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Feb 04 2005 |
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Ask the Expert: How Can I Make My Sarbox Skills Convincing?
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After reading an article here on Sarbanes-Oxley auditors,
a job seeker wrote in for help on landing a job without Big
4 experience. Read below for what our panel of industry experts
had to say. If you need some job advice, your questions are
put to our experts by Carol Lippert Gray. |
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Feb 01 2005 |
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So you want to be a CFO? |
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Be prepared. Be versatile. Be articulate. And multitask. In
one day, you might be talking to anyone from your CEO to a
disgruntled shareholder, from the staff at the SEC to your
local plumber. |
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Jan 27 2005 |
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Is 40 the New 50? Do the Discrimination Math
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When, like diffident dowagers, two well-known corporate-finance
recruiters say, “We don’t talk about age,” there’s probably
something to hide. Is age discrimination the workplace’s dirty
little secret? |
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Jan 20 2005 |
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Time for Mortgage Producers to Jump Ship?
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Rising interest rates, declining conventional mortgage origination
volumes and the explosion of the subprime lending market have
mortgage banks hiring sales staff. |
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Jan 11 2005 |
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Write your Own Ticket to Europe on the SOX Express
|
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If you’ve got Sarbanes-Oxley (SOX) experience and a hankering
to travel the world, there’s an internal auditor position
waiting for you in Europe next week. |
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Jan 11 2005 |
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PwC, Ernst Set to Hire up to 30% More Accounting Grads
in 2005 |
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A recovering economy, new accounting regulations (read Sarbanes-Oxley)
and the steady retirements of baby boomers are fueling the
hottest hiring scene for new degree-toting accountants since
Y2K |
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Jan 11 2005 |
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Time and Pay Are Right for Sarbox Experts
|
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When SEC chairman William Donaldson said Sarbanes-Oxley compliance
must be a part of corporate DNA, it was clear that stacking
the new building blocks of a firm`s accounting life would
be a struggle. Now companies are struggling to hire, train
and retain top internal auditor talent. |
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Jan 11 2005 |
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No End to Internal Audit Hiring Spree in Sight
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Looking to increase your salary (and who isn't)? Geography,
education and experience levels, company size and a CPA or
graduate degree obviously enter the salary equation. But two
areas — Sarbanes-Oxley compliance and fraud examination —
are where the bigger bucks are right now. |
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Jan 11 2005 |
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Mortgage Banking Operations Staff Prepare for Layoffs
|
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When mortgage volume is off, as it was in 2004, mortgage bankers
are known for layoffs of operational staff. Which back office
employees are going to get the axe first, where can they go,
and what are the pay prospects? |
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Jan 11 2005 |
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How Much Am I Worth? Structured Investment
Vehicle Accountant |
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A panel of headhunters gives its assessment of typical London
pay packages. Average salary: $123,000; bonus - 15% to 20%,
though highly variable depending on individual, team and institutional
performance. |
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Jan 11 2005 |
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Multiple Offers for Internal Auditors Come With Pay
Raises |
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In real estate, the mantra is location, location, location.
Today in corporate finance, the mantra is internal audit,
internal audit, internal audit – a direct result of the new
Sarbanes-Oxley legislation governing corporate reporting and
compliance. |
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Jan 11 2005 |
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