At a Glance
- Tasks: Join our team to manage financial reporting and oversight of diverse investments.
- Company: Goldman Sachs is a leading global financial institution with a commitment to excellence and integrity.
- Benefits: Enjoy professional growth, wellness programs, and a diverse workplace culture.
- Why this job: This role offers hands-on experience in financial accounting within a dynamic environment.
- Qualifications: Qualified accountant with strong technical skills and a collaborative mindset.
- Other info: On-site work required; COVID-19 vaccination is mandatory for U.S. locations.
The predicted salary is between 43200 - 72000 £ per year.
OUR IMPACT
The Goldman Sachs Group is a bank holding company and a leading leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York with offices in major financial centres around the world.
We are committed to growing our distinctive Culture and upholding our core values which always place our client\’s interests first. These values are reflected in our Business Principles, which emphasise integrity, commitment to excellence, innovation and teamwork.
Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm\’s business. Controllers also ensure that the firm\’s activities are conducted in compliance with the regulations governing transactions in the financial markets.
We\’re a team of specialists charged with managing the firm\’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm\’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm\’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.
YOUR IMPACT
The Financial Reporting department consists of 5 teams – Operating entities Controllers, Investment Accounting, Structured Investing Group Controllers, Goldman Sachs International Controllers and Regulatory Financial Reporting Controllers.
As an Investment Accounting Controller you will take complete ownership of the financial reporting and oversight of legal entities investing in a wide range of real estate assets, loans, debt and private equity investments. You will develop an in-depth understanding of these entities, including their investments, business strategies, and associated technical and management accounting requirements.
We\’re looking for a bright, driven professional to join our Investment Accounting team, who is keen to use and develop their technical accounting skills to provide high quality reporting and analysis of our investments in a challenging and varied environment.
Responsibilities
- Preparation, analysis, review, and presentation of monthly, quarterly, and annual financial reporting to senior management, directors, and other key stakeholders under US GAAP.
- Preparation and analysis of financial statements under multiple GAAPs, including resolving technical accounting issues and disclosure requirements, and liaising with external auditors.
- Review and control of monthly and annual local GAAP financial reporting prepared by our external accounting partners.
- Manage the takedown of new investments and develop processes with external partners to ensure timely receipt of accurate accounting and management reporting information.
- Oversight of external accounting partners to assure adherence of local obligations incl. regulatory and statutory audits.
- Coordination with multiple teams across the firm and communicating this effectively to key stakeholders across AWM business division, Legal, Compliance, Tax, Operations, Technology.
- Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information
REQUIREMENTS
- Qualified accountant – ACA (Newly qualified to 2 years PQE experience)
- Able to demonstrate technical accounting knowledge in your current area of expertise.
- Strong technical accounting skills – You demonstrate strong technical skills, attention to detail, take initiative to broaden your knowledge and resolve accounting issues.
- Effectively handle difficult requests, build trusting, long-term relationships with stakeholders, help identify/define needs and manages client/business expectations.
- Strong teamwork ethic – You are a strong team player with excellent interpersonal skills.
- Excellent communication skills – Communicate what is relevant and important and share information/new ideas with others.
- Judgement and problem solving – 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
- 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 externally.
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\’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. Learn more: note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.
Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.
 The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Controllers-Financial Accounting-Associate-London employer: Illinois CPA Society
Contact Detail:
Illinois CPA Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers-Financial Accounting-Associate-London
✨Tip Number 1
Familiarize yourself with US GAAP and other relevant accounting standards. Understanding the nuances of these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial accounting field, especially those who work at Goldman Sachs or similar institutions. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved processes or solved complex accounting issues in your previous roles. This will showcase your problem-solving skills and creativity, which are highly valued in this position.
✨Tip Number 4
Stay updated on current trends and regulations in the financial industry. Being knowledgeable about recent changes can help you engage in meaningful discussions during interviews and show that you're proactive about your professional development.
We think you need these skills to ace Controllers-Financial Accounting-Associate-London
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Investment Accounting Controller position. Tailor your application to highlight relevant experiences and skills that align with the job description.
Highlight Technical Skills: Emphasize your technical accounting knowledge and experience in your CV and cover letter. Provide specific examples of how you've resolved accounting issues or improved processes in previous roles.
Showcase Teamwork and Communication: Since the role requires strong teamwork and communication skills, include examples in your application that demonstrate your ability to work collaboratively and effectively communicate with stakeholders.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of Goldman Sachs' culture and values. Mention how your personal values align with their commitment to integrity, excellence, and innovation.
How to prepare for a job interview at Illinois CPA Society
✨Showcase Your Technical Accounting Skills
Be prepared to discuss your technical accounting knowledge in detail. Highlight specific experiences where you resolved complex accounting issues or navigated multiple GAAPs, as this will demonstrate your expertise and readiness for the role.
✨Emphasize Teamwork and Communication
Goldman Sachs values strong teamwork and communication skills. Share examples of how you've effectively collaborated with cross-functional teams and communicated complex financial information to stakeholders, showcasing your ability to build trusting relationships.
✨Demonstrate Problem-Solving Abilities
Prepare to discuss situations where you anticipated challenges and developed creative solutions. This could involve improving workflows or addressing regulatory compliance issues, which aligns with the firm's commitment to innovation and excellence.
✨Understand the Firm's Culture and Values
Familiarize yourself with Goldman Sachs' core values and business principles. During the interview, express how your personal values align with theirs, particularly regarding integrity, client focus, and a commitment to excellence, to show that you're a good cultural fit.