Goldman Sachs & Co. Finance, Controllers, Legal Entity Controllers, Vice President, Salt Lake City in Salt Lake City, Utah

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.

Goldman Sachs Bank USA (GS Bank) Legal Entity Controllers is looking is looking for a Vice President to join the team. GS Bank offers high yield savings accounts and a variety of loan products to individuals and private bank, corporate and community clients. Our savings products include online savings accounts and certificates of deposits in a variety of terms. As a Controller of GS Bank, you will analyze the financial statements of, and risks associated with, every aspect of the Bank’s growth businesses. Controllers ensure that GS Bank meets all the financial control and reporting obligations of a global, regulated and public financial institution. Controllers also ensure that the firm’s activities are conducted in compliance with the regulations governing transactions in the financial markets.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

Main responsibilities will include:

  • Act as legal entity controller, with oversight and leadership over the monthly closing process, including monitoring intercompany relationships, general ledger vs. sub-ledger breaks, revenue and expense sharing arrangements, funding arrangements among affiliated entities, proper booking of accruals/provisions and classification of inventory and other balances

  • Oversight and review of quarterly financial information for inclusion in the firm’s consolidated SEC financials

  • Assess on a quarterly basis the effectiveness of internal controls and escalation of control issues to senior management

  • Assist in analyzing legal entity regulatory capital requirement, by closely working with the Market, Credit Risk and Corporate Treasury teams

  • Ensure accurate and complete reporting of regulatory information in public reports to the regulatory authorities

  • Liaise extensively with other areas of firm such as Product Controllers, Funding Controllers, Corporate Treasury, Legal, Tax, Regulatory, Market Risk and Credit Risk on various ad hoc inquiries including new products requests, strategic changes to existing workflows, and transfer pricing initiatives

  • Provide oversight and leadership for accurate and fair presentation of stand alone entity financial information and disclosures in accordance with U.S. GAAP and, if applicable, other local reporting requirements

  • Perform and review ad hoc analyses on financial and non-financial attributes of consolidating legal entities for internal and external reporting purposes

Qualifications

  • Strong analytical / interpersonal skills and a high proficiency with Microsoft software applications

  • Undergraduate degree in accounting and/or finance

  • CPA is desired.

  • At least 7 years relevant work experience.

  • Teamwork and collaboration-oriented, with the ability to work independently

  • Must demonstrate considerable energy, focus, drive, and a sense of urgency

  • Ability to manage multiple tasks, operate within deadlines, and escalate when appropriate

  • Project management 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.

Job ID2019-50971

Schedule TypeFull Time

LevelVice President/Executive Director

Function(s)Accounting

RegionAmericas

DivisionFinance

Business UnitRegulatory Fin Rptg & LEC

Employment TypeEmployee