MORE ABOUT THIS JOB WHO WE ARE 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 analyses 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.
PWM team within Controllers supports the revenue and commission based expense payouts of the Private Wealth Management business.
RESPONSIBILITIES AND QUALIFICATIONS RESPONSIBILIITES
Develop a broad understanding of the PWM business and related products, system flows and procedures.
Control of the firm's books and records through daily reconciliation of PWM sales credits and commissions, monthly P&L and Balance Sheet booking, General Ledger tie-out and reconciliations.
Prepare projections and analysis of sales commission related revenue and expenses.
Perform checks and controls of sales commission payout rules.
Participate in cross-functional projects and various ad-hoc data requests.
SKILL / EXPERIENCE
Required skill sets include:
Masters Degree in Accounting and/or Finance
Work Experience: 2-3 years
Strong analytical skills and detail oriented
Able to grasp new concepts quickly and work in a team environment
Able to handle multiple tasks and prioritize
Excellent interpersonal, client relationship and communication (written and verbal) skills
Self starter, inquisitive, enthusiastic with a strong analytical mind-set
MS Office knowledge (Word, Excel) required
At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, 'Goldman Sachs University' offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.
In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.
We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.