At a Glance
- Tasks: Provide technical accounting advice and ensure compliance with accounting standards.
- Company: Join Goldman Sachs, a leading global investment banking firm with a strong culture of diversity.
- Benefits: Enjoy continuous training, professional development, and wellness programs.
- Why this job: Make an impact in financial services while working with cross-divisional teams.
- Qualifications: ACA/ACCA qualification and 5+ years of experience in financial services required.
- Other info: Collaborative environment with opportunities for career growth 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.
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 current or former employees at Goldman Sachs through LinkedIn. A friendly chat can give us insider info on the Controllers team and might even lead to a referral.
✨Tip Number 2
Prepare for those tricky interview questions! Brush up on your technical accounting knowledge, especially around IFRS and U.S. GAAP. We want to show that we can handle complex transactions with ease.
✨Tip Number 3
Show off our collaborative spirit! During interviews, highlight experiences where we worked in teams to solve problems or implement changes. Goldman Sachs loves a team player who can communicate effectively across divisions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re serious about joining the Goldman Sachs family.
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.
Showcase Your Communication Skills: Since this role involves liaising with various teams, demonstrate your strong communication abilities in your application. Share examples of how you've effectively collaborated in past roles.
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 your enthusiasm for joining us at Goldman Sachs!
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 your interview. Be prepared to discuss how these standards apply to real-world scenarios, especially in relation to financial reporting and compliance. This will show that you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Project Management Skills
Since strong project management skills are essential for this role, think of specific 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.
✨Engage with Technical Accounting Issues
Be ready to discuss recent technical accounting developments or emerging issues. This could involve talking about how you’ve handled similar situations in the past or your thoughts on current trends. Showing that you stay updated on industry changes will impress your interviewers.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street, so prepare insightful questions about the firm’s accounting policies and how they adapt to new regulations. This not only shows your interest in the role but also your proactive approach to understanding the company’s operations and challenges.