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, training, and wellness programs.
- Why this job: Gain in-depth knowledge of financial services while working with top professionals.
- Qualifications: ACA/ACCA qualification and 5+ years of experience in financial services required.
- Other info: Collaborative culture with strong focus on diversity and inclusion.
The predicted salary is between 72000 - 108000 ÂŁ 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.
Accounting Policy function - Your ImpactThis 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
- ACA/ACCA qualification required
- 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. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Controllers -Accounting Policy - Vice President- London employer: Goldman Sachs, Inc.
Contact Detail:
Goldman Sachs, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers -Accounting Policy - 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 diving deep into the company's culture and values. Understand their approach to financial control and reporting, and be ready to discuss how your experience aligns with their mission.
✨Tip Number 3
Showcase your technical skills! Be prepared to discuss specific accounting standards and how you've applied them in past roles. This will demonstrate your expertise and readiness for the challenges of the Controllers team.
✨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
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Controllers role. Highlight your ACA/ACCA qualifications and any relevant Big 4 experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about accounting policy and how your background makes you a perfect fit for our team at Goldman Sachs.
Showcase Your Communication Skills: Since this role involves liaising with various teams, emphasise your strong communication and interpersonal skills in your application. We love candidates who can collaborate effectively across divisions!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for this exciting opportunity.
How to prepare for a job interview at Goldman Sachs, Inc.
✨Know Your Accounting Standards
Make sure you have a solid grasp of IFRS and U.S. GAAP, as these are crucial for the role. Brush up on any recent changes or emerging issues in accounting standards that could impact financial reporting.
✨Showcase Your Big 4 Experience
If you've worked at a Big 4 firm, highlight your experience during the interview. Be ready to discuss specific projects or challenges you faced and how you navigated them, as this will demonstrate your expertise and problem-solving skills.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with various business units and regulators, practice articulating complex accounting concepts clearly and concisely. Use examples from your past experiences where effective communication made a difference.
✨Prepare for Technical Questions
Expect technical questions related to accounting policies and financial reporting. Review common scenarios and be prepared to explain how you would approach them, showcasing your analytical skills and attention to detail.