At a Glance
- Tasks: Provide technical accounting advice and ensure compliance with financial reporting standards.
- Company: Join Goldman Sachs, a leading global investment banking firm with a strong culture of collaboration.
- Benefits: Enjoy competitive salary, generous vacation, health services, and professional development opportunities.
- Why this job: Make an impact in financial services while learning from industry leaders in a dynamic environment.
- Qualifications: Big 4 experience preferred; strong knowledge of IFRS and U.S. GAAP required.
- Other info: Engage with diverse teams and gain exposure to various business units.
The predicted salary is between 72000 - 108000 £ per year.
Controllers – Our Impact
The mission of Controllers is to ensure that the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. As part of the firm’s second line of defence, Controllers provides the critical analysis required while ensuring the internal and external financial and non-financial information of the firm is accurate. Additionally, Controllers serves an important role in safeguarding the assets of the firm through the independent scrutiny of financial and non-financial information. Controllers engages regularly with the firm’s regulators and auditors and through its strong culture of control and challenge helps to protect the firm from reputational and other risks.
As contact with virtually every part of the firm is essential to Controllers role, professionals in the department have the opportunity to learn about Goldman Sachs businesses, products and sophisticated information technology systems on a daily basis. If you are keen to develop an in-depth understanding of financial services, Controllers is a great place to further your career. The division is ideal for collaborative individuals who enjoy working in a strong team focused culture, and are motivated by opportunities for challenging stretch assignments. You will receive continuous training, both formal and informal, to ensure your ongoing professional development and have exposure to - and support from - senior members of our team from the outset.
Accounting Policy function – Your Impact
This individual will work within Accounting Policy interacting with the various business units and corporate functions of the firm in applying existing accounting standards and the firm’s accounting policies to transactions and corporate level activities. The individual will be closely involved in assisting in the monitoring and interpreting of various emerging technical accounting issues under IFRS and U.S. GAAP and assisting in the implementation of new and existing disclosures in financial statements and SEC filings.
Roles and responsibilities:
- Providing technical accounting advice to assist the business units/corporate functions in applying existing accounting guidance to transactions and corporate level activities
- Partnering with business units on the accounting implications for the business ensuring they are aware of all forthcoming accounting changes and their impacts
- Perform technical assessment of new financial reporting developments, including liaising with standard setters, and participating in discussions with regulatory bodies and industry groups as necessary
- Advising on accounting policy for new products and business activities, restructurings and complex transactions
- Research and document technical accounting issues under applicable accounting standards
- Provide training to both the business units and corporate functions on accounting developments, emerging issues and the firm’s accounting policies
- Assist SEC Financial Reporting and Legal Entity Controllers (LEC) teams to develop financial statement disclosures in accordance with applicable GAAP
- Active engagement with the firm’s external auditors on all policy related matters
- Contribute to accounting policy departmental activities and ensure compliance with established policies and procedures
Skills and experience we're looking for:
- Big 4 accounting experience strongly preferred
- 5+ years of post-qualification experience in financial services/financial instruments accounting
- Solid knowledge of IFRS required with experience of U.S. GAAP or working in a multi-GAAP environment desirable
- Strong project management skills with ability to work effectively both individually and in a team environment
- Strong communication and interpersonal skills with the ability to work with cross-divisional teams
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance. We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Controllers -Accounting Policy - Vice President- London London · United Kingdom · Vice President employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers -Accounting Policy - Vice President- London London · United Kingdom · Vice President
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Goldman Sachs or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical accounting knowledge. Be ready to discuss IFRS and U.S. GAAP in detail, as well as any recent changes in accounting standards that could impact the role.
✨Tip Number 3
Show off your collaborative spirit! During interviews, highlight examples of how you've worked effectively in teams. Controllers thrive on teamwork, so demonstrating your ability to partner with others will set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Goldman Sachs.
We think you need these skills to ace Controllers -Accounting Policy - Vice President- London London · United Kingdom · Vice President
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role you're applying for. Highlight your relevant experience in financial services and accounting policy, and don’t forget to showcase your Big 4 experience if you have it!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about Controllers and how your skills align with the job description. Be specific about your experience with IFRS and U.S. GAAP.
Showcase Your Team Spirit: Since we value collaboration, make sure to mention any team projects or experiences where you worked cross-functionally. This will show us that you’re a great fit for our strong team-focused culture.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Accounting Standards
Make sure you brush up on IFRS and U.S. GAAP before the interview. Be prepared to discuss how these standards apply to various transactions and corporate activities, as this will show your technical expertise and understanding of the role.
✨Showcase Your Big 4 Experience
If you've got Big 4 experience, flaunt it! Be ready to share specific examples of how your background has equipped you with the skills needed for this position. Highlight any relevant projects or challenges you faced and how you overcame them.
✨Demonstrate Team Collaboration
Controllers work closely with various business units, so be prepared to discuss your experience in cross-divisional teamwork. Share examples of how you've successfully collaborated with others to achieve common goals, especially in high-pressure situations.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about the firm's accounting policies, upcoming changes in regulations, or how they support professional development. This shows your genuine interest in the role and helps you assess if it's the right fit for you.