Services - Spend Management - Accounting Control - Analyst - Bengaluru

Location(s) IN-Bengaluru
Job ID
2020-60988
Schedule Type
Full Time
Level
Analyst
Function(s)
General
Region
India
Division
Services
Business Unit
Procure to Pay
Employment Type
Employee

MORE ABOUT THIS JOB

WHO WE ARE

 

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

 

SERVICES

 

Corporate Services and Real Estate (CSRE) and the Office of Global Security (OGS), drive productivity and enable the firm’s flow of business while ensuring its safety and security. CSRE creates the world’s best work experience and environment for the people of Goldman Sachs and OGS’s mission is to protect the firm's people, assets, and reputation.

 

Business Finance & Spend Management (BFSM) is a part of the Services division and the objective of this group is to deliver commercial value and front-to-back cost transparency across the firm. Under the Spend Management umbrella and focused on the front-to-back theme the Procure to Pay team is divided into 3 pillars - Procurement Management, Expense Management and Accounting & Tax Control

 

RESPONSIBILITIES AND QUALIFICATIONS

 

 

JOB SUMMARY AND RESPONSIBILITIES

Analyst role requires an individual to work on Accounting, GL reconciliation and month end closures/accruals.. Also the individual needs to exhibit the ability to identify problems and control gaps and come up with innovative solutions to mitigate the risk. The role also demands the ability to effectively communicate with stake holders across different regions and help build partnerships across different divisions with ASD. Individual will support in process transformation initiatives to bring in efficiencies & controls within the process.

 

PRINCIPAL RESPONSIBILITIES

  • Manage Daily/Weekly/Monthly Reconciliation of GL accounts and work on clearing the breaks
  • Month end closure process including Accruals
  • Managing control accounts and identify/close the exceptions
  • Work closely with Controllers/Tax on Balance sheet substantiation
  • Transactional Tax review and reporting (TDS, VAT)
  • Monthly Tax reconciliation and assisting in Returns/Refund filing
  • Monthly India Withholding Tax and GST (Goods & Service Tax) calculation & payment
  • Be an active participant/contributor to process re-engineering with / without technology changes
  • Analysing daily/weekly control reports in order to ensure regular payment of invoices.
  • Recommend & implement Corrective & Preventive actions for internal errors, Incidents etc.

 

SKILL / EXPERIENCE

 

    MANDATORY SKILLS

  • Strong General Ledger Accounting knowledge
  • Strong analytical, organizational and interpersonal skills
  • Strong attention to detail
  •  Enthusiastic, hardworking and able to work well under pressure
  •  Good PC skills (Word, Excel); experience of accounting systems will be added advantage
  •   Ability to work and contribute in a team environment and positively interact with various levels of management

    DESIRABLE SKILLS AND TRAITS

  • Knowledge on General Ledger, Accounts Payable
  • ERP experience – SAP GL/Subledger, ARIBA
  • Excellent partnership building skills and strong customer service perspective
  • Excellent communication and negotiation skills
  • Experience in a reputed audit firm would be an added advantage.
  • 1- 3 years experience in a similar role.

 

ABOUT GOLDMAN SACHS

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: https://www.goldmansachs.com/careers/footer/disability-statement.html



© 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