• Operations - Accounting Services - Associate - Dallas

    Location(s) US-TX-Dallas
    Job ID
    2018-48187
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Operations
    Region
    Americas
    Division
    Operations
    Business Unit
    Accounting Services
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    OPERATIONS

    Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

     

    YOUR IMPACT

    Are you looking to join a dynamic team that has broad connectivity across the firm for a franchise critical process?  Then our team has an opportunity where you will collaborate with colleagues across revenue and federation divisions, and across the globe while managing execution and compliance with the firm’s payment activities.

     

    OUR IMPACT

    Accounting Services is a dynamic team responsible for ensuring governance with firm policy and execution of various cash settlement and reporting activities for the firm’s corporate and real estate investing entities.

     

    PRINCIPAL RESPONSIBILITIES

    • Coordination of workloads across local and regional teams for the settlement and funding of transactional and payment activity in adherence with firm & regulatory policies
    • Accounting and reporting for transactional taxes associated with vendor payments to tax department or regional tax authorities
    • Review, maintenance and approval of reference data and transactional activity in compliance with firm payment and vendor management policies
    • Oversee and execute the performance of control functions, ensuring the completion and integrity of control processes
    • Ensure proper application of risk management tools for effective risk management on the daily operational tasks managed by the team
    • Recommend & implement corrective & preventive actions to mitigate operational errors and incidents
    • Review and enhance current processes to realize efficiency and to better manage embedded risk
    • Be an active participant/contributor on process improvement efforts including technology changes
    • Liaise with the divisional stakeholders to communicate department strategy and act as a point of escalation
    • Enhance and evolve the functional risk management framework, processes and infrastructure

     

    HOW YOU WILL FULFILL YOUR POTENTIAL

    • Gaining a comprehensive understanding of the existing payment flows across proprietary applications
    • Displaying attention to detail and high quality standards to ensure the team performs at a very high performance level
    • Using people skills, develop the team to further individuals career paths, deliver great service and retain talent
    • Challenging the status quo and use your inquisitive mind set to identify risks and improve the efficiency of team processes
    • Manage relationships across the firm to ensure an inclusive and strategic approach to projects and challenges
    • Taking responsibility for the correct execution and management of the functions, providing oversight and guidance to the team
    • Taking a lead in key project deliveries for the team as we evolve to meet new business requirements
    • Actively assist to develop an overall payments strategy as the industry evolves alongside our new business needs. The ideal individual will assist the management team to build our next generation payment capabilities and operational support model

    RESPONSIBILITIES AND QUALIFICATIONS

    SKILLS AND EXPERIENCE WE ARE LOOKING FOR

     

    BASIC QUALIFICATIONS

    • Bachelor’s degree with approximately 4 years of experience in a team environment
    • Fundamental understanding of payment controls and practices, vendor governance and tax compliance
    • Risk management and familiarity with US tax regulations including 1099 and 1042 reporting
    • Good teamwork skills and ability to work with a wide user group in different regions of the world
    • Proficient in Microsoft Excel
    • Enthusiastic, hardworking and able to work well under pressure
    • Good PC skills (Word, Excel); experience of accounting systems will be added advantage
    • Ability to work and contribute in a team environment and positively interact with various levels of management
    • Ability to learn quickly in a fast moving environment. Team oriented approach to sharing workload and leverage skill sets
    • Strong organizational skills and the ability to cope with rapidly changing priorities throughout the day are essential
    • Strong attention to detail and multi-tasking skills to balance competing priorities and meet deadlines
    • Ability to generate creative solutions to problems and challenge processes, be willing to dig into the detail to resolve issues
    • Excellent communication skills both verbal and written

    PREFERRED QUALIFICATIONS

    • Knowledge of accounts payable activities including vendor data management, invoice settlement and tax reporting
    • Ability to speak and/or read Spanish and/or Portuguese necessary for supporting the firm’s businesses across Latin America markets

    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., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.