Corporate and Workplace Solutions, Invoice Validation and Controls, VP - Dallas

Location(s) US-TX-Dallas
Job ID
2021-84602
Schedule Type
Full Time
Level
Vice President
Function(s)
Accounting
Region
Americas
Division
Corporate and Workplace Solutions
Business Unit
Spend Management
Employment Type
Employee

MORE ABOUT THIS JOB

WHO WE ARE

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

 

CWS

Comprised of Corporate and Workspace Solutions (CWS) and the Office of Global Security (OGS), the division focuses on commercial management, client support, advisory solutions, strategic planning, risk management, people security, real estate and technology solutions. The division delivers a world-class work experience and environment to the people of Goldman Sachs. We effectively manage the firm’s third party operating expense, including fostering opportunities to innovate and enable sustainable approaches, while also managing the risks associated with vendor engagements and a contingent workforce. Our core disciplines, focus on the following areas: Third Party Governance, Strategic Sourcing, Infrastructure and Transformation, Procure to Pay, and Product Finance.

 

The objective of the Procure to Pay (P2P) group is to deliver commercial value and front-to-back cost transparency across the firm. Under the Spend Management umbrella and focused on the front-to-back theme the Procure to Pay team is divided into 3 pillars - Procurement Management, Expense Management and Accounting & Tax Control.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY AND RESPONSBILITIES

Within the Expense Management vertical, the invoice validation and controls team is responsible for processing, validation and payment of external vendor fees. The team handles invoices pertaining to market data, telecom, legal, consulting and staff augmentation related spends. Invoices are reconciled against inventory systems and contracts wherever applicable and made sure that payments are made on time to the respective vendors. This team is also the front-end administrators of the matter management and e-billing systems used for these invoices and is responsible for handling queries & liaising with internal stakeholders & vendors.

 

Invoice Validation & Controls Functional Lead – Vice President, is expected to oversee the validation function across the spend categories specified above. The individual is expected to

  • develop good understanding of the existing processes as well as the applications and platforms used by the team
  • exhibit the ability to identify problems and control gaps and come up with innovative solutions to mitigate risks
  • effectively communicate with stakeholders across different regions and help build partnerships across different divisions as well as external vendors.
  • support in process transformation initiatives to enhance efficiencies & controls within the process

 

 SKILL / EXPERIENCE

  • Minimum 10 years of experience working in Accounts Payable/ Validation / Invoicing functions with atleast 2-3 years leading a team
  • Support global operations and engage with global stakholders to build partnership and deliver on functional objectives
  • Ability to promote a culture of long term saving and developing inventive and cost effective strategies
  • Good understanding of risks associated with validation/ payment processes and experience of managing risk and controls in this space
  • Knowledge of applications like TeamConnect, SAKON, Ariba, Fieldglass will be an added advantage
  • Proficiency in MS Office and other Microsoft office tools

 

SOFT SKILLS

  • Very high standards of business ethics
  • Ownership towards managing risks and protecting organizations reputation
  • Team management experience with ability to flex as a team player
  • Ability to work with global teams, manage stakeholders across different regions and help them adopt the change
  • Hardworking and high level of commitment
  • Excellent partnership building skills and strong customer service perspective
  • Collaborative and consensus driven approach
  • Strong listening and communication skills

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., 2021. All rights reserved.

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