Phillip W. Cox of JPMS Cox (Lifetime Achievement in Accounting)

by Arkansas Business Staff  on Monday, Oct. 28, 2013 12:00 am  

Phillip W. Cox

“We have always wanted to have an impact on our employees that made their choice of profession and their choice of firms one that they feel proud to be a part of. We believe in a very balanced lifestyle of work and family. We try to promote a lifestyle that people want to be a part of.”

The mentoring program helps young accountants develop skills that often make them “very marketable to private companies,” Cox said. It also benefits the firm.

“What we have found is that we have a great opportunity to impact people’s lives in ways that go with them after they leave here,” Cox said. “Many times accountants who leave our firm go to work for clients of the firm, and in many cases people who leave here go to work for companies that are not clients but they become clients because of the good relationships that [the accountants] formed while they were here working in our firm.”

Cox believes in giving employees “the freedom to utilize their abilities without fear of failure or of any desire on my part to take credit for what they do.” He recognizes that the highly educated, highly motivated employees JPMS Cox attracts have the necessary skills, so “I try to give them the opportunity to be stimulated and then to get out of their way.”

His partners at JPMS Cox have made his accomplishments possible, Cox said, helping him foster the kind of work culture he always wanted to develop. “It’s truly been a marriage made in heaven,” he said.

In addition to his practice, Cox serves a number of nonprofits and civic organizations. He is now or has been on the boards of the Arkansas Baptist Foundation, the Arkansas Arts Center, the Arkansas Tech University Foundation and Junior Achievement, among other groups.

Cox has no plans to retire. He loves what he does, the firm, his co-workers and his clients, Cox said. “I don’t see how I would want to live my life in any other way.”

 

 

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