• Associate, CONT4236845

    Location(s) US-NJ-Jersey City
    Job ID
    2019-58332
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Risk Management
    Region
    Americas
    Division
    Risk
    Business Unit
    IMD Controllers
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Associate with Goldman Sachs & Co. LLC in Jersey City, NJ.

     

    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 Jersey City, NJ. Review quarterly/annual trial balances, investor allocations, capital statements and financial statements for private equity funds managed by Goldman Sachs. Liaise with third party administrator, independent auditor, and internal teams such as legal, tax and operations regarding accounting matters. Participate in due diligence process related to new investments to identify operational control risks. Validate third party administrator’s management fee and carried interest calculations to ensure that they are in accordance with the governing documents of the fund. Perform review of financial statements generally prepared under US Generally Accepted Accounting Principles (GAAP) Investment Company Guidelines, including accounting, valuation and financial oversight for private equity funds. Support technology initiatives by providing scope of project, managing timeline, and coordinating testing. Prepare various regulatory reports, compliance reports and reports to Board of Directors related to funds. Participate in new fund launches, including review of fund documentation (LPA/PPM/OM/Side Letters), fund set up, and vendor selection.

     

    Job Requirements: Bachelor’s degree (US or foreign equivalent) in Accounting, Finance, or a closely related field. Three (3) years of experience in the job offered or a related role. Must have three (3) years’ experience with: Preparing or reviewing carried interest (or incentive fee) calculations; Preparing or reviewing management fee calculations; Utilizing Microsoft Excel’s V-lookup, PivotTable and Conditional Formatting functions to extract, analyze and compile data; Applying understanding of US GAAP as it relates to private investment companies (specifically, ASC 946); and Applying understanding of private equity fund structures.

    ABOUT GOLDMAN SACHS

    ABOUT GOLDMAN SACHS

    At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

    We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

    We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity