Finance, Controllers, LEC Financial Reporting, Analyst/Sr. Analyst, Jersey City

Goldman Sachs - Jersey City, NJ4.0

Full-time
MORE ABOUT THIS JOB
FINANCE

We're a team of specialists charged with managing the firm’s liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

LEC Financial Reporting is a group within Financial Reporting responsible for preparing the firm’s standalone U.S. subsidiary quarterly and annual filings under GAAP. The team interfaces with global product controllers, Legal Entity Controllers (LECs), SEC Financial Reporting, Accounting Policy, Legal, Funding, Treasury, Credit Risk, Market Risk and various other teams across the firm. In addition, the team participates in and frequently sponsors ad-hoc projects with various departments across GS in order to address new accounting pronouncements and other regulations, and to improve the overall efficiency of the reporting process.

RESPONSIBILITIES AND QUALIFICATIONS

Principal Responsibilities:
The individual will assist in the preparation of the firm’s quarterly and annual U.S. subsidiary financial statements that are filed with various regulators and made available to the public. This will include significant interaction with various finance teams across the firm, including global product controllers, LECs, SEC Financial Reporting, Accounting Policy, Legal, Funding, Treasury, Credit Risk, Market Risk and various other teams across the firm. The individual will also be involved in cross-functional projects, such as implementing new accounting standards, developing procedures to comply with new pronouncements, updating policies and procedures, system integrations, and proposing improvements and efficiencies to existing reporting processes.

The Sr. Analyst’s areas of responsibility will include:
Preparation of the firm’s quarterly and annual U.S. subsidiary financial statements and footnotes
Obtaining a thorough understanding of accounting standards relevant to the disclosures in the financial statements and ensuring compliance with the requirements
Preparation of financial statement and disclosure review packages
Coordination of quarterly disclosure meetings with stakeholders.
Acting as a liaison between LECs, Product Controllers, SEC Financial Reporting, Accounting Policy and other internal departments in order to ensure that reporting requirements are satisfied
Responsible for providing guidance to LECs and Product Controllers and other finance team on quarter-end deliverables
Identifying development areas and proposing solutions aimed at improving the process by which information is collected, analyzed and controlled.

Experience/Skills:
Degree in Accounting (CPA preferred)

1-2 years relevant work experience

Excellent interpersonal, communication and multi-tasking skills

Strong analytical and organizational skills

Detail-oriented

Self-starter with ability to work in a fast-paced environment under challenging deadlines

Strong Excel and Word skills

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.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.