Senior Accountant Consultants

We have several clients looking for senior or accounting manager level consultants to assist with special projects ranging from 2 to 4 months. Ideally, the consultants will have significant experience with the following:

  • Balance Sheet reconciliations
  • Strong US GAAP
  • Inter-company transactions
  • Integration of acquisitions
  • Prepaids, accruals, and cash
  • Experience with NetSuite, Oracle, and/or QuickBooks

CPA and 5+ years of experience preferred. Hourly compensation will depend on experience, $50-75/hour. Projects start from now thru Jan 2nd.

Please contact us if you, or someone you know, may be interested!

The difference between freelance, bench, and project consulting jobs

At Cox Consulting Network, we focus on equipping and connecting consultants in the business of finance and accounting. Many companies (and consultants) get confused with some of the lingo in the consulting world. With so many firms offering varying levels of consulting services to the market, it can even be unclear to those of us who have been in the industry for many years. In this article, we’ll break down some of the differences between freelance, bench, project, temp staffing, and contract-to-hire consulting jobs.

Freelance consulting jobs

Freelance consultants generally are self-employed contractors (1099’s) who work for many companies instead of one employer. Often, freelancers have multiple clients at one time,known as fractional work, so that they may maximize their utilization and billable hours.

Freelancing provides the greatest amount of freedom and flexibility, since you are essentially your own boss. Note, however, that this comes with higher risk too. Since, freelancers are self-employed, they don’t usually get great benefits (group health coverage and PTO). They are also responsible for their own networking and business development, which represent a serious time investment.They could wind up without a project for weeks, or even months. This sometimes presents such a challenge that these folks end up taking a permanent role back in the workforce to find stability … and a paycheck.

Bench consulting jobs

If freelancing is hang gliding, bench consulting is more like flying a kite. Bench consultants usually work for a consulting firm as a permanent employee and then are loaned out to clients for projects. They often get a salary, or they are guaranteed a minimum number of hours per week so they have some stability in pay. They usually get the same benefits that they would get working in industry such as accruing vacation, sick time, and health benefits.

This is consulting, but with many of the comforts of a traditional permanent role. The upside on bench consulting is a steady paycheck, employee benefits, working with many clients, and stability. The downside for some is the lack of freedom and flexibility (usually no summers off with the kids as a bench consultant), and no ability to pick the clients that you engage.

Project consulting jobs

Project consulting is like freelancing with one difference. Project consultants generally are not self-employed. Most of the time, project consultants are employed as W2’s by the consulting firm, or temp agency, that placed them on the engagement. But — and here is the kicker — they are only employed as long as they are working on an engagement. When the engagement is over, there is no obligation on the consulting firm to find them an additional project.

In a great market, with a marketable skill set, this is not usually an issue. If the consultant doesn’t get another engagement from their current consulting/staffing firm, then a competitor will gladly swoop in and present projects at a comparable rate. Project consultants rely heavily on multiple firms competing for their talent in a good market.

The perks of project consulting are being able to work in many different industries, organizations, and exposure to many types of software. Project consultants also may have the advantage of getting paid overtime if they work more than 40 hours per week in most states.

The pitfalls of project consulting are lower pay than freelancers (the agency/firms takes half the bill rate), lack of solid benefits (most agencies offer minimal health and no PTO, or high threshold PTO), and uncertainty about future engagements. We call project consultants who make a career out of consulting career consultants.

Temporary Staffing Jobs

Temp staffing is almost synonymous with project consulting (although this doesn’t make the term interchangeable). Temp staffing agencies often don’t bring all of the components of a project (deliverable, tools, methodology, and the resource), just the resource (people). Thus, many staffing agencies wouldn’t consider themselves to be consulting firms. These firms also typically focus on the transactional roles and not more consultative senior level positions.

Candidates who rely on temp staffing can be in transition between permanent roles, or enjoy picking up projects as they choose just like project consulting. The downsides are the same as project consulting too: lack of good health and PTO benefits, uncertainty about future engagements, and many times, uncompetitive pay rates.

Contract-to-hire consulting jobs

Contract-to-hire roles are in existence for a couple of reasons and are used for all levels from clerk to CFO. When a company has lost an employee and pays a consultant to come in on an interim basis, they will often also have the interim consultant in the candidate pool for the permanent role. This is quite useful since the person is already doing the job. It gives both the employer and employee a chance to “test drive” the permanent position.

Companies may also use the contract-to-hire method because they were perhaps “burned” on a previous position that they had hired directly. In these situations, the company could have even paid a fee to a hiring agency only to have the employee quit after the guarantee period (many agencies guarantee their candidate will stay at least 90 days). Alternatively, the new hire might have simply not lived up to the expectations set during the interview process.

The real disadvantage on this type of engagement is that the company has now limited itself to a very small percentage of the total employment pool (those that are currently not employed and hoping to find permanent work). In many markets this is less than 2% of all finance and accounting professionals. Another risk is that they could lose the consultant during the trial process to a company who is willing to direct hire.

Where does Cox Consulting Network fit in?

At CCN, we’re focused on equipping freelancers and project consultants in the finance and accounting industry. We’re networked with great consultants and employers all around Austin, and we want to connect you to your next gig! We typically categorize our consulting engagements in three ways:

  1. Interim – when companies leverage our consultants in a temporary capacity while they search for a permanent solution. This may include contract-to-hire opportunities.
  2. Special Projects –when companies need help on specific projects like systems integration or implementing new guidance such as ASC 606 or ASC 842. These engagements fall under project consulting.
  3. Staff Augmentation –when companies need to boost their teams during busy times like year-end or before an audit. This is a kind of temporary staffing or project consulting, and it may include either part-time (fractional) or full-time work.

What makes us different?

When you work with CCN, you’ll quickly see we’re a little different from traditional consulting agencies. We don’t answer to investors, and we keep our overhead extremely low. This means our consultants actually get paid above market rate AND our clients get incredible talent at an extremely competitive price. Simply put, we believe “happy consultants = happy clients.” Isn’t that the way it should be?

We hope this helps you understand some of different ways individuals can become engaged on projects and interim roles in the consulting world. We specialize in finance and accounting, so would love to hear some of the differences in your industry!

Interested in Consulting with CCN? Join our talent network.

Looking to hire a consultant? Find talent today.

Accounting Manager

Our Northwest Austin client is looking for an accounting manager level consultant who is interested in a contract-to-hire opportunity. Ideally, the consultant will have significant experience with the following:

  • Month-end close for multiple entities
  • Strong US GAAP
  • Inter-company transactions
  • Integration of acquisitions
  • Revenue recognition
  • Cash management
  • Supervision of 2-4 accountants

CPA and 5+ years of experience preferred. Hourly compensation will depend on experience, $55-$70/hour. Project to start ASAP.

Please contact us if you, or someone you know, may be interested!

Accounting Manager Consultant

Our North Austin client is looking for a heavy senior or accounting manager level consultant to assist with special projects for the next 2 to 6 months. Ideally, the consultant will have significant experience with the following:

  • Internal controls
  • Strong US GAAP
  • Inter-company transactions
  • Integration of acquisitions
  • Period end close
  • Financial Analysis
  • Tier 1 ERP

CPA and 6+ years of experience preferred. Hourly compensation will depend on experience, $50-80/hour. Project to start ASAP.

Please contact us if you, or someone you know, may be interested!

Interim Accounting Manager

We’re assisting a north Austin company that is in need of an Interim Accounting Manager. The consultant will manage the consolidation process, create consolidated Statement of Cash Flows, conduct account analysis, and assist with SOX processes. This is an immediate need. Please let us know if you are interested and available for this 3-6 month project.

CFO Advisor

We have an immediate need for a CFO level consultant to assist a new client with a short project. We’re looking for someone with recent fundraising experience who can set up cap tables, shape the investor documents, and can help the company navigate through this phase of growth. Project will begin ASAP requiring 10-15/hours per week for 4-5 weeks. We would love to talk if you’re interested in learning more.

Controller Consultant!

Our North Austin client is looking for a controller level consultant to assist with special projects for the next 2 to 6 months. Ideally, the consultant will have significant experience with the following:

  • Internal controls
  • Strong US GAAP
  • Inter-company transactions
  • Integration of acquisitions
  • Period end close
  • Financial Analysis
  • Tier 1 ERP

CPA and 10+ years of experience preferred. Hourly compensation will depend on experience, $65-85/hour. Project to start ASAP.

Please contact us if you, or someone you know, may be interested!

CCN Search – Permanent Positions!

We have a few roles that we’re working on right now that we want to share with everyone!

Corporate Controller – A growing, public, technology company in downtown Austin has engaged our team to assist with the search for a Corporate Controller to join their company as a permanent employee. This position plays a key strategic role within the company and will influence department and corporate decision-making. Salary up to $180k

Division Controller – A private equity-backed company in northwest Austin is adding to their team. Salary up to $110k

Senior Accountant – A new position for a growing private equity-backed company in northwest Austin. Experience with acquisitions is preferable. Salary up to $85k.

Give us a call for all of the details at 512-900-2152!

Breaking the Agency Model

It’s hard to find great finance and accounting candidates in this market. And, using an agency to assist with your search is very expensive. We have a solution that is getting a lot of traction – CCN Search. We act as an independent extension of our client’s recruiting team and search on an hourly fee basis. We use milestones and deliverables to ensure that our searches are cost effective and transparent. Our promise is to present a fair view of your company to our finance and accounting peers, that is not tied to a large placement fee, but is instead based on culture, potential for professional growth, and how an opportunity fits within a candidate’s career plans.

Here’s what we do:
1. Get a thorough understanding of what you need
2. Create a search timeline with you
3. Agree on a minimum and maximum fee (much lower than you may think)
4. Put our finance and accounting team to work on your search
5. Present a fair view of your company to our finance and accounting peers
6. Conduct frequent check-in calls to collaborate on results

And, what we don’t:
1. Charge a contingent search fee (usually 20-30%)
2. Take a “sales” approach to candidates
3. Lock you in to a commitment – you can terminate search at any time (we’ll only bill you the hours we have dedicated to your search)

Our goal is to find the perfect employee for your team. We’re using a process that will save your company money, and whatever you do with CCN, you’ll get full transparency with our See-Thru Service. You will always know exactly where we are in the search for your next team member. We would love to talk if you’re interested in a new approach to recruiting!

Accounting Manager $80-$100K

A fast-growing, private equity backed, company in North Austin has engaged our team to assist with the search for an Accounting Manager to join their company as a permanent employee. Please see our summarized job description below, and if you’re interested, please send us a note and your resume for more details.
– This is a very positive and collaborative environment. A strong culture fit is very important, which includes someone that fosters teamwork, continual process improvement, integrity and is internally motivated.
– This position reports to the VP of Accounting and is responsible for cash management for the company and its multi-state subsidiaries.
– The role requires high-level communication skills, both written and verbal. The ability to present accounting and financial concepts to management is critical, along with above-average technical cash management skills.
– Responsible for bank account reconciliations, weekly cash flow reporting, debt management tracking, cash flow forecasting, executive level reporting, plus special projects

Requirements:
– 7+ years of combined cash management/general ledger accounting/reconciliation experience
– Bachelor’s degree in Accounting preferred
– Intermediate proficiency in Excel
– Above average computer knowledge with NetSuite skills preferred

About CCN:
CCN began as a community of consultants determined to build a network outside of the consulting firm/staffing agency model. To continue down the path of serving, we have now created CCN Permanent Placement Services. Our recruiters have a technical background in finance and accounting and understand that our goal is to give candidates the details they need to make decisions regarding their career. We act as an independent extension of our client’s recruiting team and search on an hourly fee basis. We use milestones and deliverables to ensure that our searches are cost effective and transparent. Our promise is to present a fair view of the hiring company to our finance and accounting peers, that is not tied to a large placement fee, but that is based on our client’s culture, potential for professional growth, and how an opportunity fits in with a candidate’s career plans.