Name: Leah Gonzales
Firm: Houston-based MaloneBailey
Title: Audit Partner
- Over 20 years of public accounting experience
- Member of MaloneBailey’s management team for almost 10 years
- Promoted to audit partner in April 2017
- Key leader in MaloneBailey’s quality control initiatives as well as its in-house training and mentor programs
I understand that you came to MaloneBailey in 2008 from a Big 4 firm. Was a better work-life balance part of the reason for the move?
Work-life balance was a factor. I spent years at PwC, but managing family and work became tough because of my constant traveling and working late hours. I thought about leaving public accounting for industry and its better hours, but knew public accounting was my passion. A friend of mine introduced me to MaloneBailey and its unique opportunity intrigued me. MaloneBailey’s challenging work environment is complemented by initiatives like flexible workplace options and a business casual environment, as well as providing support (i.e. training and mentorship) its employees need to reach their full potential.
The U.S. Bureau of Labor Statistics reports that females make up more than half of all accountants and auditors in the U.S., but only 22% of partners. At MaloneBailey, 33.3% of partners are female. Why the difference?
I believe our higher than average female partner percentage can be attributed in part to work-life balance initiatives. Flexibility and public accounting are two things that don’t always go hand in hand. Joining the two in a thoughtful, constructive and effective way is advantageous to women. Having the option to work from home once a week or not travel as much is something that I truly appreciate. MaloneBailey has had a women’s initiative in the past, but we are working on reinvigorating it in a new way. More to come on this initiative so stay tuned.
What’s the best way to retain female accounting/auditing professionals at mid-career – a time when many seem to leave the workforce?
It’s important that we show the women and mothers in the workforce that they are valued and important. Often times, women with young children feel a draw to be home with their children instead of returning to work. However, if we create understanding and flexible workplace options, I believe women will have the opportunity to spend more time with their families and do the work they love. Finding that middle ground where women feel like they can have both a family and career at MaloneBailey is critical to retention and something we strive to do and improve each year.
With the advent of Artificial Intelligence, professional observers are predicting that the audit process may undergo radical change in the near future. What’s your view?
I believe AI can help auditors work through and process greater volumes of information at a much faster pace. While the use of AI will likely streamline the audit process, the auditor’s judgment and evaluation of the resulting data is still a critical aspect of the audit. MaloneBailey has always embraced the use of technology where it makes sense and we are excited to see how AI will impact the profession in the near future.
My advice to young women entering into the accounting field would be to have passion for the work you do. Once you have that and truly enjoy what you do, the long hours and challenging times will be a little easier. It may not necessarily feel like work. I’ve stayed so long in my career because I truly love what I do. What I’ve found in MaloneBailey is a firm that understands the importance of my family time and one that has worked hard to implement initiatives that allow me to do the work I love while having a family.
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