Corporate and Workplace - CIMD - Expense Management Analyst - Bengaluru

Location(s) IN-Bengaluru
Job ID
2020-65099
Schedule Type
Full Time
Level
Analyst
Function(s)
General
Region
India
Division
Corporate and Workplace Solutions
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. 

 

CWS

 

Comprised of Corporate and Workspace Solutions (CWS) and the Office of Global Security (OGS), the division focuses on commercial management, client support, advisory solutions, strategic planning, risk management, people security, real estate and technology solutions. The division delivers a world-class work experience and environment to the people of Goldman Sachs. We effectively manage the firm’s third party operating expense, including fostering opportunities to innovate and enable sustainable approaches, while also managing the risks associated with vendor engagements and a contingent workforce. Our core disciplines, focus on the following areas: Third Party Governance, Strategic Sourcing, Infrastructure and Transformation, Procure to Pay, and Product Finance.

 

The objective of the Procure to Pay (P2P) 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

Role Overview and Responsibilities

 

The CWS CIMD Expense Management team provides support to CIMD division in the space of employee & vendor expenses. The team in Bangalore will work with employees in division globally with respect to CWS processes. Team is responsible to manage deliverable to CIMD division from CWS team perspective. The role requires understanding of processes on CWS side and business deliverables. Management requires an individual to work on maintaining right balance between business & division and maintain no escalation. Also the individual needs to exhibit the ability to identify problems and control gaps and come up with innovative solutions to mitigate the risk and escalation. The role also demands the ability to effectively communicate with stake holders across different regions and help build partnerships across different divisions. Individual will support in process transformation initiatives to bring in efficiencies & controls within the process.

 

 Job Responsibilities:

 

  • Expert on Firm Expense Policy & Guidelines
  • Manage risk in the process by implementing and reviewing relevant controls
  • Understand the process risk and firm exposure to these risks and help business accordingly
  • Exhibit confidence in communicating in a variety of forums, sessions, formal presentations, training sessions and town halls
  • Handle business and management ad-hoc queries and requests, respond to business queries on a timely basis
  • Design a process for handling and responding to end user issues with the system, leveraging services provided by SAP and its products
  • Participate in Firm wide platform changes relating to Employee Travel & Entertainment Expense
  • Assist CIMD employees with expense related issues raised via support tickets
  • Understand the sub processes of Employee expenses & Vendor payments on CWS side
  • Work with business to drive all firm wide expense initiatives
  • Prepare weekly T&E outstanding report for CIMD Divisional Management review
  • Work with BI team to customize and automate expense reports sent out to the business
  • Manage Analysts Reviews for Master Account invoices
  • Create Service Request IDs for Consulting Engagements for the division

Qualification and Skills

 

  • 2-5 years of experience with minimum of 2 years’ experience in a similar role.
  • Knowledge on accounts payable, vendor management and Invoice processing requirements.
  • ERP experience – SAP, ARIBA
  • Comfortable with spreadsheets and excellent knowledge of Office products
  • Strong analytical, organizational and interpersonal skills
  • Should be able to effectively communicate and develop/sustain good working relationships with other teams and stakeholders
  • Excellent partnership building skills and strong customer service perspective
  • Effective organizational and time management skills
  • Forward thinking with the ability to assert new ideas and follow them through
  • Ability to work and contribute in a team environment and positively interact with various levels of management