-: There are two points of entry
to what I'm doing if financial reporting
and management is a career path for somebody.
I took the more traditional path.
When I graduated college,
I started working in public accounting.
Became a CPA.
Was exposed to a lot of different money center banks
being in New York.
And I worked for Price Waterhouse.
Left there and then started working
for broker dealers or investment banks
as part of my career path into financial services.
And throughout the financial management food chain.
That's more of a traditional way of doing things.
However, I've also hired people right
out of school.
Where they don't have a lot of experience.
And we've trained them into our way of doing things.
I do manage just the way I was taught
in public accounting so I haven't changed very much there.
I do like hiring people from public accounting
'cause it gives them the
I know what their experience is.
I know what their work ethic is.
But, certainly, not going to public is okay as well.
Firms like ours recruit at all the schools.
We participate in those recruitment efforts on campus.
If one wants to work in a, a finance role, for example,
a traditional accounting background
or finance background is also useful.
But public accounting is a big plus.
That's something I look for in my candidates, for example,
work for me.
So, I'm responsible for financial reporting,
management reporting, regulatory reporting.
I'm also responsible for the treasury of the firm.
So, generally, the treasury people
have a finance background as opposed
to an accounting background.
And, so, you know, there is a mix of skill sets
that are very useful in our space.
A couple things.
A demonstrated level of achievement
is always a big plus.
So
Have they been promoted over a period of time?
Generally, we're hiring relatively G-people.
Maybe three or four years out of college.
But if they go to public accounting,
there's a very regimented promotion process.
So, it's understandable that they should be moving
in the right direction.
Secondly, if they have outside interests
I always ask questions about outside interests.
I think it's important that people come
to the organization with a well-rounded background
but also, you want people who have other interests.
They can bring some diversity and uniqueness
to the organization.
People live in different countries,
different viewpoints, are always very helpful.