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: Diverse opportunities for professional growth and a supportive work culture.
- Why this job: Make an impact in financial services while developing your skills in a dynamic environment.
- Qualifications: ACA/ACCA qualification and 5+ years of experience in financial services required.
- Other info: Collaborative team culture with continuous training and exposure to senior leaders.
The predicted salary is between 72000 - 108000 £ per year.
Overview
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.
Job Description
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, Controls 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
- 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
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 are 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.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Controllers -Accounting Policy - Vice President- London employer: Goldman Sachs
Contact Detail:
Goldman Sachs 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 your knowledge of IFRS and U.S. GAAP during interviews. Bring examples of how you've tackled complex accounting issues in the past.
✨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 Application: Make sure to customise your CV and cover letter for the Controllers role. Highlight your relevant experience in financial services and accounting policy, showing us how you can contribute to our mission.
Showcase Your Qualifications: Don’t forget to mention your ACA/ACCA qualification and any Big 4 experience. We want to see how your background aligns with the skills and experience we’re looking for!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to explain your achievements and how they relate to the responsibilities of the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role you’re excited about!
How to prepare for a job interview at Goldman Sachs
✨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 Big 4 Experience
If you've got Big 4 experience, highlight it! Share specific examples of projects or challenges you faced and how you overcame them. This will demonstrate your ability to handle complex accounting issues and work under pressure.
✨Emphasise Team Collaboration
Controllers thrive in a team-focused culture, so be ready to talk about your experiences working collaboratively. Share instances where you partnered with different business units and how you contributed to achieving common goals.
✨Prepare for Technical Questions
Expect technical questions related to accounting policies and financial reporting. Practice articulating your thought process when assessing new developments or advising on policy matters. This will help you convey your analytical skills effectively.