Associate, CONT4319527

Location(s) US-UT-Salt Lake City
Job ID
2020-64102
Schedule Type
Full Time
Level
Associate
Function(s)
Finance
Region
Americas
Division
Controllers
Business Unit
Legal Entity Controllers
Employment Type
Employee

MORE ABOUT THIS JOB

Associate with Goldman Sachs Bank USA in Salt Lake City, UT.

 

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

RESPONSIBILITIES AND QUALIFICATIONS

Duties: Associate with Goldman Sachs Bank USA in Salt Lake City, UT. Act as legal entity controller for the Firm’s primary bank entity, 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. Apply subject matter expertise in accounting for loans, deposits and other transactions. Produce quarterly financial information for inclusion in the Firm’s consolidated SEC financials, with a focus on loans and deposits disclosures. Ensure accurate and complete reporting of regulatory information in reports to the regulatory authorities, including liaising with regulators as inquiries arise. Liaise extensively with other areas of the Firm such as Product Controllers, Funding Controllers, Accounting Policy, Corporate Treasury, Legal, Tax, Regulatory, Licensing Compliance, and Bank Management on various initiatives including new products requests, strategic changes to existing workflows and transfer pricing initiatives. Perform and provide leadership for accurate and fair presentation of standalone entity financial information and disclosures in accordance with U.S. GAAP and various regulatory and licensing reporting requirements. Perform analyses on financial and non-financial attributes of consolidating legal entities for internal and external reporting purposes.

 

Job Requirements: Bachelor’s degree (US or foreign equivalent) in Accounting, Finance, Business or a related field. Employer will accept single degree or any combination of degrees/certifications and/or professional experience that are equivalent to a U.S. Bachelor’s degree. Four (4) years of experience in the job offered or a related role. Must have four (4) years’ experience with: Applying expertise in U.S; GAAP accounting for loans and deposits transactions; Navigating a global investment bank with an ability to interact and build relationships across different teams; Applying understanding of financial control infrastructure and financial control risk assessments related to investment banks; Demonstrating a detailed understanding of loans, deposits and associated products traded in those markets; Preparing and reviewing financial statements for standalone entity reporting; Supporting Federal Reserve reporting for U.S. subsidiaries of Bank Holding Companies (TIC-B); and Utilizing project management and organizational skills, as well as demonstrating ability to manage multiple assignments. License Required: Certified Public Accountant (U.S.) or foreign equivalent.

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



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity