Controllers - Legal Entity Controllers - GSI- Senior Analyst - Bengaluru

Location(s) IN-Bengaluru
Job ID
2020-61672
Schedule Type
Full Time
Level
Analyst
Function(s)
Finance, General
Region
India
Division
Controllers
Business Unit
Legal Entity Controllers
Employment Type
Employee

MORE ABOUT THIS JOB

ABOUT GOLDMAN SACHS


The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.


BUSINESS UNIT OVERVIEW


The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth.
Legal Entity Controllers (LEC) are responsible for, among other things, the integrity of the legal entity level financial statements in accordance with all relevant GAAPs and reporting requirements, for Federal Reserve reporting and for facilitating the firm's consolidation. LEC is a controller of a GS entity and is responsible for performing controls and reporting tasks to help in the safeguarding of the assets and the reputation of the firm. The LEC functions as a Controller & Steward, a Strategic Influencer & a Business Partner.

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILIITES:

  • Preparation, analysis and presentation of monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders (predominantly under UK GAAP/US GAAP)
  • Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors
  • Take full ownership and become the subject matter expert (or Financial Controller equivalent) for entire legal entities, or significant processes for large entities, across many of the firm’s different business lines
  • Understanding the business and strategy of your entities, keeping up-to-date with business and market developments and communicating this effectively to key stakeholders
  • Facilitating the quarterly consolidated reporting of the Goldman Sachs Group with regular interaction with Financial Reporting in New York
  • Coordination with multiple teams across the firm - and across the globe - including Corporate Treasury, Legal, Compliance, Tax and Transfer Pricing, in a collaborative and problem-solving capacity
  • Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information
  • Understand the impact of regulatory developments and proactively work to identify solutions
  • Involvement in a broad range of cross-divisional projects and initiatives

Skills / Experience:

  • Recently qualified accountant
  • Able to demonstrate technical accounting knowledge in your current area of expertise
  • Experience in preparation of audited financial statements under UK GAAP or IFRS an advantage
  • A track record of improving processes and adding value to clients/stakeholders.

 

Preferred Skills:

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 .

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