Investment Accounting Associate, Bilingual in French/Spanish, London

3 weeks ago


London, Greater London, United Kingdom Goldman Sachs Full time

OUR IMPACT

The Goldman Sachs Group stands as a premier bank holding company and a distinguished global financial institution, providing a comprehensive array of financial services to a diverse clientele, including corporations, financial entities, governments, and individuals. Established in 1869, our headquarters is located in New York, with a presence in key financial hubs worldwide.

We are dedicated to nurturing our unique culture and adhering to our core values, which prioritize our clients' interests. These principles are evident in our Business Principles, emphasizing integrity, excellence, innovation, and teamwork.

Controllers play a vital role in ensuring that the firm fulfills all financial control and reporting responsibilities inherent to a global, regulated, and publicly traded financial institution. Our professionals assess the profitability and risks associated with every facet of the firm's operations. They also guarantee that the firm's activities comply with the regulations governing financial market transactions. Our team of specialists is tasked with managing the firm's liquidity, capital, and risk, while delivering comprehensive financial control and reporting functions. Whether evaluating the creditworthiness of counterparties, monitoring market risks linked to trading activities, or providing analytical and regulatory compliance support, our contributions are integral to the firm's success. This business area is well-suited for collaborative individuals who possess strong ethics and meticulous attention to detail.

YOUR IMPACT

The Financial Reporting department is composed of five teams: Operating Entities Controllers, Investment Accounting, Structured Investing Group Controllers, Goldman Sachs International Controllers, and Regulatory Financial Reporting Controllers.

As an Investment Accounting Controller, you will assume full responsibility for the financial reporting and oversight of legal entities engaged in a diverse portfolio of real estate assets, loans, debt, and private equity investments. You will cultivate a deep understanding of these entities, including their investments, business strategies, and the associated technical and management accounting requirements.

Key Responsibilities

  • Preparation, analysis, review, and presentation of monthly, quarterly, and annual financial reports to senior management, directors, and other essential stakeholders in accordance with US GAAP.
  • Preparation and analysis of financial statements, including resolution of technical accounting issues and disclosure requirements, in collaboration with external auditors.
  • Review and oversight of monthly and annual local GAAP financial reporting prepared by our external accounting partners across Europe.
  • Preparation and explanation of monthly P&L estimates to the trading desk, coordinating with Product Control.
  • Management of the takedown of new investments and development of processes with external partners to ensure timely receipt of accurate accounting and management reporting information.
  • Oversight of our external accounting partners to ensure compliance with local obligations, including tax, regulatory, and statutory audits.
  • Full ownership and expertise for entire legal entities.
  • Understanding the business and strategy of your entities, staying informed about market developments, and effectively communicating this to key stakeholders.
  • Coordination with multiple teams across the firm and globally, including Realty Management Division, Merchant Banking Division, Legal, Compliance, Tax, Operations, Technology, and Investment Accounting teams in Asia and the US, in a collaborative and problem-solving manner.
  • Proactively identifying opportunities to enhance workflows, technology, and the integrity of reporting information.
  • Participation in a wide range of department-wide projects and initiatives, as well as cross-departmental initiatives.

REQUIREMENTS

  • Qualified accountant – ACA (Newly qualified to 2 years PQE experience).
  • Demonstrated technical accounting knowledge in your current area of expertise, with experience in preparing audited financial statements under UK GAAP or IFRS being advantageous.
  • Experience in preparing audited financial statements under US, UK GAAP, or IFRS is a plus, along with a proven track record of process improvement and value addition for clients/stakeholders.
  • Proficiency in French and/or Spanish is required.
  • Strong analytical skills, showcasing an aptitude for problem-solving and the ability to exercise sound judgment in a highly regulated environment.
  • Functional expertise with a keen interest in staying updated on emerging business, economic, and market trends.
  • Robust technical accounting skills, demonstrating attention to detail and initiative in broadening knowledge and resolving accounting issues.
  • Strong multi-cultural sensitivities, enjoying interactions across diverse countries and cultures.
  • Personal drive and motivation to manage multiple tasks, taking initiative to enhance personal performance and work diligently towards challenging goals.
  • A client and business focus, effectively managing difficult requests and building trusting, long-term relationships with clients.
  • Strong teamwork ethic, collaborating well with others and encouraging team participation.
  • Excellent communication skills, conveying relevant information clearly and concisely.
  • Judgment and problem-solving capabilities, anticipating questions and planning for contingencies.
  • Creativity and innovation, seeking new ways to enhance current processes and develop practical solutions.
  • The ability to influence outcomes, presenting persuasive rationale for ideas and influencing opinions.

ABOUT GOLDMAN SACHS

At Goldman Sachs, we dedicate our people, capital, and ideas to assist our clients, shareholders, and the communities we serve in achieving growth. As a leading global investment banking, securities, and investment management firm founded in 1869, we maintain a worldwide presence. We believe that individual identity enhances professional performance and are committed to promoting diversity and inclusion within our workplace and beyond, ensuring every individual has ample opportunities for professional and personal growth.



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