Job Description
CONTROLLERS
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.
OUR IMPACT
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.
BUSINESS UNIT
As an Investment Accounting Controller you will take complete ownership of the financial reporting and monitoring for a range of legal entities and investment entities. You will develop an in-depth understanding of these entities, including their business strategies, products and accompanying technical accounting and disclosure requirements.
Whether Investment Accounting Controllers are ensuring the integrity of our entities financial information, facilitating the firm's consolidation, or offering analytical and regulatory support, our work will contribute directly to the firm's success.
Job duties include full-cycle accounting and reporting of real estate investment entities and other investing and lending entities owned or managed by the firm.
Job Summary And Responsbilities
- Perform full-cycle, entity-level accounting in accordance with GAAP, including:
- Review and analyze asset-level activity and financial statements
- Prepare and post accounting entries and monthly activity uploads
- Execute monthly close procedures and exception analyses
- Prepare and analyze GAAP financial statements and review packages
- Understand inputs, outputs and data flows for Investment Accounting and Firm systems such as Yardi, PeopleSoft, JD Edwards and others
- Prepare and contribute to annual audited financial statements under US GAAP, coordinating audit requests with external auditors
- Facilitate quarterly consolidated reporting of the Goldman Sachs Group with regular interaction with Financial Reporting Controllers.
- Facilitate quarterly close and reporting for investment funds as well as the accompanying management, regulatory and client reporting that varies by fund
- Understand macro and micro business plans and keep up-to-speed with business developments and their impact to be able to communicate them effectively to team members
- Provide business insights around transaction and capital planning, cash forecasting, entity formation and dissolution, lender draw requests, insurance claim administration, and other ad hoc requests
- Coordinate with federal, local and foreign tax teams on tax issues, submission of returns, accounting for income taxes and non-income-based taxes.
- Ensure compliance with internal and external reporting requirements through coordination with other departments such as financial and regulatory reporting controllers, fund accounting, corporate treasury/operations, and external auditors.
- Proactively identify improvements to manual processes and automate workflows leading to higher value-added work
- Involvement in a broad range of department-wide projects and initiatives as well as cross-departmental initiatives.
Basic Qualifications
- Strong analytical, time management and interpersonal communication skills
- Knowledge of GAAP, accounting processes, controls and systems
- Chartertered Accountant with strong articleship background
- 0-1 years work experience
- Ability to grasp new concepts quickly and work in a team environment
- Ability to handle competing deadlines
