• Associate - FIN3855338

    Location(s) US-NY-New York
    Job ID
    2019-55491
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Finance
    Region
    Americas
    Division
    Finance
    Business Unit
    Financial Reporting
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Associate with Goldman Sachs & Co. LLC in New York, NY.

     

    Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)

    RESPONSIBILITIES AND QUALIFICATIONS

    Duties: Associate with Goldman Sachs & Co. LLC in New York, NY. Preparation of the firm’s quarterly and annual consolidated financial statements, footnotes and XBRL filings in accordance with Generally Accepted Accounting Principles (“GAAP”) that are filed with the Securities & Exchange Commission (SEC) and the Federal Reserve. Apply thorough understanding of accounting standards relevant to the disclosures made in the 10-Q/K and ensuring compliance with applicable requirements. Participate in cross functional projects focusing on implementation of new accounting standards, development of procedures to comply with new pronouncements and integration of existing systems. Prepare financial statement and disclosure review packages for senior management. Coordinate quarterly disclosure meeting with stakeholders for commitments, guarantees, goodwill and intangibles and derivative financial instruments. Act as a liaison between Legal Entity Controllers, Product Controllers, Management Reporting, Accounting Policy and other internal departments in order to ensure that reporting requirements are met. Provide guidance to Legal Entity Controllers, Product Controllers and other teams in the Finance division on quarter-end deliverables and appropriate accounting treatment. Identify development areas and inefficiencies and propose solutions aimed at improving the process by which information is collected, analyzed and controlled.

     

    Job Requirements: Bachelor’s degree (U.S or foreign equivalent) in Accounting or a related field. Three (3) years of experience in the job offered or in a related role. Must have three (3) years of experience with: preparing and reviewing financial statements; U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS); FASB ASC 946 and its applicability to investment companies; generally Accepted Auditing Standards (both U.S. and international); Microsoft Office suite of applications (including PowerPoint presentations, Excel pivot tables/ VLOOKUP); performing regulatory reporting; coordinating reporting and/or audit response across multiple internal and external teams; and managing reporting and accounting projects concurrently under tight deadlines. Additionally, must have some experience with: SEC financial reporting in a banking environment including the review of Forms 10-Q and 10-K; U.S. bank and broker dealer laws and regulations; Sarbanes-Oxley (SOX) controls for key bank cycles, including loans, deposits and derivatives; financial reporting controls in an investment bank; and derivative instruments in an investment bank.