At a Glance
- Tasks: Own financial reporting and monitoring for diverse legal entities in a dynamic environment.
- Company: Join Goldman Sachs, a leading global investment banking firm with a strong culture of teamwork.
- Benefits: Enjoy competitive salary, professional development, and a commitment to diversity and inclusion.
- Other info: Collaborative team culture with opportunities for challenging projects and career growth.
- Why this job: Develop your technical accounting skills while making a real impact in the financial services sector.
- Qualifications: Recently qualified accountant with strong analytical and technical accounting skills.
The predicted salary is between 65000 - 70000 £ per year.
YOUR IMPACT As a Treasury Funding Controller you will take ownership of the financial reporting and monitoring across a wide range of legal entities. You will develop an in-depth understanding of these entities, including their investments, business strategies, and associated technical accounting requirements. We're looking for a bright, driven professional to join our Controllers team, who is keen to use and develop their technical accounting skills to provide high quality reporting and analysis of our entities' assets and liabilities in a challenging and varied environment.
OUR IMPACT Controllers are a diverse team of specialists charged with ensuring the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. Funding Controllers is part of the broader Controller Division which is a global team responsible for ensuring the accuracy of the firm’s financial and regulatory information by complying with the rules and regulations governing financial markets worldwide. As well as managing both internal and external financial reporting, our expertise plays a key role in the firm’s business planning decisions around allocation of scarce financial resources such as capital and balance sheet. We partner with the business in providing advice on accounting, valuation, capital, liquidity, reputational risk and other regulatory considerations when executing business with our clients. Controllers is ideal for individuals who want to work and learn within our strong culture of teamwork and collaboration and who are motivated by opportunities for challenging project work. As contact with virtually every part of the firm is essential to Controllers, professionals in the department have the opportunity to experience Goldman Sachs businesses, products and sophisticated information technology systems daily. 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.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Preparing the daily profit and loss account for trading desks, involving an assessment of the nature of revenue generated in the context of market moves and risk held as well as reconciliation between front office systems and sub-ledger as well as the firm's general ledger.
- Producing and reviewing profit and loss attribution and commentary for the bank's trading, investing and new issuance businesses.
- Participate in strategic initiatives to improve process flows and analysis as well as proactively seeking opportunities to improve workflows.
- Intelligently reviewing trading activity to help assess the valuation of the portfolio and to highlight anything unusual or material to management.
- Monthly price verification review and challenge of trader inputs into inventory pricing as well as incremental assessment of less observable inputs.
- Preparation, analysis, review and presentation of daily, monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders under US GAAP and IFRS.
- Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors (predominately under IFRS).
- Take full ownership and become the subject matter expert for certain secured funding tax and reporting requirements.
- Understand the impact of regulatory developments and proactively work to identify solutions (e.g. NSFR).
- Independently able to drive projects for automation of end to end reporting.
- Coordination with multiple teams across the firm - and across the globe - including Funding and Product Control, Global Controllers, Corporate Treasury, Risk, Engineering and Tax in a collaborative and problem-solving capacity.
- Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information.
- Involvement in a broad range of cross-divisional projects and initiatives.
SKILLS & EXPERIENCE WE'RE LOOKING FOR
BASIC QUALIFICATIONS & EXPERIENCE
- Recently qualified accountant – ACA or equivalent (e.g. CFA).
- Able to demonstrate technical accounting knowledge in your current area of expertise.
- Experience in preparation of audited financial statements under USGAAP or IFRS an advantage.
- A track record of improving processes and adding value to clients/stakeholders.
- Knowledge of FAS 133, AFS and HTM accounting is beneficial but not essential.
- Knowledge of Hedge accounting is beneficial but not essential.
PREFERRED CHARACTERISTICS
- Strong analytical skill – You demonstrate an aptitude for problem solving with the ability to exercise sound and balanced judgment in a highly regulated environment.
- Functional expertise - Enjoy keeping up-to-date with emerging business, economic, and market trends.
- Strong technical accounting skills – You demonstrate strong technical skills, pay attention to detail, take initiative to broaden your knowledge and resolve accounting issues.
- Personal drive and motivation - Successfully handle multiple tasks, take initiative to improve your own performance, work intensely towards challenging goals.
- A client and business focus - Effectively handle difficult requests, build trusting, long-term relationships with clients, help the client to identify/define needs and manages client/business expectations.
- Strong teamwork ethic – You are a strong team player with excellent interpersonal skills. You collaborate well with others within and across teams, encourage other team members to participate and contribute and acknowledges others' contributions.
- Excellent communication skills - Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others.
- Judgement and problem solving – You will always be thinking ahead, able to anticipate questions, plan for contingencies, find alternative solutions and identifies clear objectives.
- Creativity/Innovation and a desire to add value - Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
- The ability to influence outcomes - Present sound, persuasive rationale for ideas or opinions. Able to take a position on issues and influences others' opinions and presents persuasive recommendations both internally and to our external partners.
Controllers-London-Vice President-Product Controllers employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Controllers-London-Vice President-Product Controllers
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Controllers-London-Vice President-Product Controllers
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.