Controllers - Accounting Policy Team - Associate - New York City
: Job Details :


Controllers - Accounting Policy Team - Associate - New York City

Goldman Sachs

Location: New York,NY, USA

Date: 2024-12-10T06:31:01Z

Job Description:
MORE ABOUT THIS JOB:

Controllers Divisional Overview:

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. In the Controllers Department, 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.

This individual will work alongside the experienced VPs in the Accounting Policy team as they liaise with the various business units and corporate functions on applying existing accounting standards and the firms accounting policies to transactions and corporate level activities. Individual will be closely involved in assisting in the monitoring and interpreting of various emerging technical accounting issues under U.S. GAAP and assisting in the implementation of new and existing disclosures in SEC filings. As part of the global Accounting Policy team, individual will be exposed to a wide range of both US GAAP literature as well as IFRS and regulatory capital standards. Also, this individual will assist in preparing and maintaining the firms accounting policy manual.

RESPONSIBILITIES AND QUALIFICATIONS:

Responsibilities:

  • Work alongside the experienced VPs as they assist the business units/corporate functions in applying existing accounting guidance to transactions and corporate level activities
  • Work alongside the experienced VPs as they advise business units and corporate functions related to new transactions to identify accounting and regulatory issues
  • Assist SEC Financial Reporting and Legal Entity Controllers (LEC) teams develop financial statement disclosures in accordance with applicable U.S. GAAP
  • Assist in monitoring emerging accounting standards, liaising with certain standard setters, and participating in discussions with regulatory bodies and industry groups as appropriate
  • Research and document technical accounting issues under applicable accounting standards
  • Coordinate and assist in the development of accounting policies and periodically update the firms accounting policy manual as necessary
  • Prepare and deliver training related to the firms accounting policies and emerging accounting standards
  • Coordinate departmental activities and ensure compliance with established policies and procedures

Basic Qualifications

  • 4- 7 years of experience with a focus on financial accounting
  • B.S. in Accounting (or equivalent) and CPA are required
  • Strong project management skills
  • Strong writing and oral communication skills
  • Ability to work effectively both individually and in a team environment
  • Regulatory experience a plus
  • Big 4 accounting experience a plus
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.

Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

The Goldman Sachs Group, Inc., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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