Case Study 1
Client need: Our client's downstream tax department moved to Houston, which created a need for strong Senior Tax Accountants with oil and gas experience.
UHY Advisors' Solution: We immediately tapped into our extensive network of candidates and within a week, came up with the perfect match. Our client knew right away that this particular candidate was a good fit and made an offer that day. Two weeks later, the candidate came on board, less than 15 days since the start of the search.
Case Study 2
Client Need: Our client, an exploration and production company, came to us seeking a hands-on Finance Director & CFO who would be responsible for financial reporting, treasury and administrative functions for its Latin America operations. The company requested a CPA, fluent in Spanish, with energy industry experience. In addition, public accounting and SEC regulatory filing experience was preferred.
UHY Advisors' Solution: Our firm immediately located a CPA who not only spent time working in Latin America and spoke Spanish fluently, but also had many year of experience working with an exploration and production company. After two interviews, the candidate was hired.
Case Study 3
Our client, an oil and gas transportation and storage company, needed to fill a position for a Senior Accountant who would be responsible for general accounting and financial reporting. The client requested a CPA with JD Edwards experience.
UHY Advisors' Solution: We located a qualified CPA, well-versed in JD Edwards, who became the go-to resource for the company's accounting software.
Case Study 4
Client Need: Our client, a publicly traded retail company, asked us to perfect its system of tracking fixed asset depreciation. They needed one system to track all of the required methods for book, tax, regulatory and state tax purposes.
UHY Advisors' Solution: Using a popular fixed asset software management program, our team was able to track the company's assets in all 102 locations across the U.S. Throughout the process, we utilized a dedicated portal through which the individual controllers at each location accessed their detail depreciation schedules in order to post the depreciation to their individual general ledgers. The corporate headquarters also accessed the schedules on an entity-to-entity basis in order to prepare the consolidated tax returns, financial statements, and deferred tax calculations. We are now in our second year of this client engagement.
Case Study 5
Our client, a major independent oil and gas exploration and production company, had outsourced its operational accounting to a large accounting outsourcing and computer consulting company, but soon discovered a major problem with the gas balancing accounts on its financial statement. They requested our help in reconciling their records.
UHY Advisors' Solution: We acted quickly and assembled a team of six experienced professionals to reconcile their gas balancing records to the detail well production records. The client was under pressure to have the project completed within a six-month period. We delivered three months ahead of schedule and within their target budget.