At a Glance
- Tasks: Provide technical accounting advice and ensure compliance with financial reporting standards.
- Company: Join Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Diverse opportunities for professional growth, wellness programs, and a supportive culture.
- Why this job: Make an impact in financial services while collaborating with top professionals.
- Qualifications: Big 4 experience and strong knowledge of IFRS required.
- Other info: Dynamic team environment with continuous training and exposure to senior leaders.
The predicted salary is between 43200 - 72000 £ per year.
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.
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
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.
Controllers -Financial Accounting- Vice President- London employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers -Financial Accounting- Vice President- London
✨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 project management skills! Be prepared to share examples of how you've successfully managed projects in the past, especially in a team environment. This will highlight your ability to collaborate effectively.
✨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 -Financial Accounting- Vice President- London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Vice President in Financial Accounting. Highlight your Big 4 experience and any relevant financial services knowledge. We want to see how your skills align with our mission at StudySmarter!
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 background makes you a perfect fit. Remember, we love collaborative individuals who thrive in team-focused cultures.
Showcase Your Technical Skills: Since this role involves technical accounting advice and compliance with IFRS and U.S. GAAP, be sure to showcase your expertise in these areas. We’re looking for someone who can navigate complex transactions with ease!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensure it gets the attention it deserves. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Accounting Standards
Make sure you brush up on IFRS and U.S. GAAP before the interview. Be ready 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 Big 4 Experience
If you've got Big 4 experience, flaunt it! Prepare specific examples of how your time there has equipped you with the skills needed for this position. Highlight any complex transactions or projects you’ve managed that relate to the job description.
✨Demonstrate Team Collaboration
Controllers work closely with various business units, so be prepared to share examples of how you've successfully collaborated in a team environment. Discuss any cross-divisional projects you've been part of and how you navigated challenges.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about the firm’s accounting policies, upcoming changes in regulations, or their approach to training and development. This shows your genuine interest in the role and the company.