Xero sponsors three scholarships to help promote diversity in the accounting profession
Inaugural NABA, Inc. Mary T. Washington Award and ALPFA scholarships presented at Xerocon New Orleans
NEW ORLEANS, LA — August 25, 2022 – Xero, the global small business platform, today presented scholarships to student members of two industry associations it supports in the United States: the National Association of Black Accountants (NABA, Inc.) and the Association of Latino Professionals For America (ALPFA). The scholarships demonstrate Xero’s efforts to mentor the next generation of accounting talent, specifically through providing increased opportunities for underrepresented communities.
Launched today, the Mary T. Washington Award is named in honor of the first Black woman certified public accountant, Mary Thelma Washington, CPA. Part of an ongoing collaboration between Xero and NABA, Inc., the Mary T. Washington Award helps bolster NABA, Inc.’s mission to provide a platform for Black professionals to succeed in every stage of their accounting and finance careers.
“NABA is proud to partner with Xero to help bridge the opportunity gap for Black accounting and finance professionals,” said Guylaine Saint Juste, President and CEO, NABA, Inc. “Our hope is that this scholarship will help increase representation in the accounting profession and encourage more students to consider it as a career path.”
Natalia Arriaga, an incoming junior at Winthrop University, received the Mary T. Washington Award today at Xerocon New Orleans. In addition to her hard work as Vice President of Winthrop University’s NABA, Inc. chapter, Arriaga holds senior-level credits as a junior while also serving in many leadership roles for eight other student organizations at her university.
“This scholarship means everything to me,” said Arriaga, who is interning with PwC this summer and plans to pursue a Master’s degree in accounting upon receiving her Bachelor’s degree. “Thanks to this award from NABA, Inc. and Xero, I now have the opportunity to explore how I want to make the biggest impact I can in the accounting world.”
Also at Xerocon New Orleans today, Xero presented scholarships it sponsored to two students actively involved in ALPFA chapters at universities across the country. The scholarships come on the heels of Xero’s partnership announcement with ALPFA earlier this year in an effort to help develop Hispanic professionals in accounting and finance, and expand Xero’s own pipeline of talent.
“Xero’s support of our scholarship program helps ALPFA continue to open doors for Hispanic professionals in business,” said Adriana Maria Ortiz, Manager, Student Chapter Operations & Initiatives at ALPFA. “The submission pool for this year’s scholarship program reflects the varying backgrounds and strengths of our ALPFA members; candidates represented 23 majors across 66 schools, with two-thirds of them being undergraduates and one-third being graduate students.”
Dayron Garcia, the first of two recipients of the ALPFA scholarship this year, is a sophomore at Monroe College majoring in accounting and taxation. Garcia, who identifies as disabled, hopes to shine a light on misconceptions surrounding disabled individuals in the workplace.
“My hope is that I can show people that those with disabilities are just as capable of success in the business world as anyone else,” said Garcia. “We deserve the same opportunities to grow and develop as those without disabilities. I am grateful to ALPFA and Xero for the opportunity to show the world what we can do.”
The second recipient of this year’s ALPFA scholarship is Cynthia Sauceda, a sophomore at the University of Houston majoring in accounting and taxation. Sauceda, who also serves on the financial committee at her university’s Hispanic Business Student Association, has a summer internship with PwC and ultimately dreams of helping small businesses succeed.
“I want to learn as much as possible so I can share my knowledge and experience with peers and future students,” said Sauceda. “It took me some time to decide on my career path. Thanks to this scholarship from ALPFA and Xero, I have more confidence in my future and look forward to making my mark on the industry.”
“Xero is thrilled to honor these three deserving students for their dedication to changing the accounting and business industries for the better,” said Ben Richmond, US Country Manager at Xero. “We believe in the importance of representation, equity, and inclusion. Our collaborations with NABA, Inc. and ALPFA are just two of many partnerships aimed at helping to diversify the pipeline of talent and creating opportunities for those of all backgrounds.”
Xero is a global small business platform with 3.3 million subscribers which includes a core accounting solution, payroll, workforce management, expenses and projects. Xero also provides access to financial services, and an ecosystem of more than 1,000 connected apps and more than 300 connections to banks and other financial institutions. Through Xero’s open platform, small businesses can connect to a range of solutions that help them run their business and manage their finances. For three consecutive years (2020-2022) Xero was included in the Bloomberg Gender-Equality Index. In 2021, Xero was included in the Dow Jones Sustainability Index (DJSI), powered by the S&P Global Corporate Sustainability Assessment. Xero has been named as a FIFA Women’s Football partner under FIFA’s new commercial structure.
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