At a Glance
- Tasks: Provide technical accounting advice and ensure compliance with accounting standards.
- Company: Join Goldman Sachs, a leading global investment banking firm.
- Benefits: Enjoy competitive salary, generous vacation, health services, and professional development.
- Why this job: Make an impact in financial services while learning from industry leaders.
- Qualifications: Big 4 experience preferred; strong knowledge of IFRS and U.S. GAAP required.
- Other info: Collaborative culture with opportunities for growth and continuous training.
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.
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
Showcase your collaborative spirit! During interviews, highlight examples of how you've worked effectively in teams, especially in cross-divisional settings. This is key for a role in Controllers where teamwork is essential.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. 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 of Controllers - Accounting Policy. Highlight your relevant experience, especially in financial services and accounting standards like IFRS and U.S. GAAP. We want to see how your background aligns with our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be sure to mention any Big 4 experience or project management skills you have.
Showcase Your Communication Skills: Since this role involves working with various business units and regulators, it's crucial to demonstrate your strong communication skills. In your application, give examples of how you've effectively collaborated with cross-divisional teams in the past.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes straight to the right people. Plus, we love seeing candidates who take that extra step!
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 real-world scenarios, especially in financial services. This will show your depth of knowledge and readiness for the role.
✨Showcase Your Project Management Skills
Since strong project management skills are essential, think of examples from your past experience where you successfully managed a project. Highlight how you coordinated with different teams and overcame challenges, as this will demonstrate your ability to work effectively in a collaborative environment.
✨Prepare for Technical Questions
Expect technical questions related to accounting policies and financial reporting developments. Review recent changes in accounting standards and be ready to discuss their implications. This will help you stand out as someone who stays updated and is proactive about industry changes.
✨Engage with the Interviewers
During the interview, don’t just answer questions—engage with your interviewers. Ask insightful questions about the firm’s approach to accounting policy and how they handle emerging issues. This shows your genuine interest in the role and the company, making a positive impression.