Job Description
The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 186+, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
BUSINESS UNIT OVERVIEW
The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth.
Legal Entity Controllers (LEC) are responsible for, among other things, the integrity of the legal entity level financial statements in accordance with all relevant GAAPs and reporting requirements, for Federal Reserve reporting and for facilitating the firm's consolidation. LEC is a controller of a GS entity and is responsible for performing controls and reporting tasks to help in the safeguarding of the assets and the reputation of the firm. The LEC functions as a Controller & Steward, a Strategic Influencer & a Business Partner.
RESPONSIBILIITES:
• Preparation, analysis and presentation of monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders (predominantly under UK GAAP/US GAAP)
• Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors
• Take full ownership and become the subject matter expert (or Financial Controller equivalent) for entire legal entities, or significant processes for large entities, across many of the firms different business lines
• Understanding the business and strategy of your entities, keeping up-to-date with business and market developments and communicating this effectively to key stakeholders
• Facilitating the quarterly consolidated reporting of the Goldman Sachs Group with regular interaction with Financial Reporting in New York
• Coordination with multiple teams across the firm - and across the globe - including Corporate Treasury, Legal, Compliance, Tax and Transfer Pricing, in a collaborative and problem-solving capacity
• Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information
• Understand the impact of regulatory developments and proactively work to identify solutions
• Involvement in a broad range of cross-divisional projects and initiatives
Skills / Experience:
• Recently qualified accountant
• Able to demonstrate technical accounting knowledge in your current area of expertise
• Experience in preparation of audited financial statements under UK GAAP or IFRS an advantage
• A track record of improving processes and adding value to clients/stakeholders.
Preferred Skills:
BUSINESS UNIT OVERVIEW
The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth.
Legal Entity Controllers (LEC) are responsible for, among other things, the integrity of the legal entity level financial statements in accordance with all relevant GAAPs and reporting requirements, for Federal Reserve reporting and for facilitating the firm's consolidation. LEC is a controller of a GS entity and is responsible for performing controls and reporting tasks to help in the safeguarding of the assets and the reputation of the firm. The LEC functions as a Controller & Steward, a Strategic Influencer & a Business Partner.
RESPONSIBILIITES:
• Preparation, analysis and presentation of monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders (predominantly under UK GAAP/US GAAP)
• Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors
• Take full ownership and become the subject matter expert (or Financial Controller equivalent) for entire legal entities, or significant processes for large entities, across many of the firms different business lines
• Understanding the business and strategy of your entities, keeping up-to-date with business and market developments and communicating this effectively to key stakeholders
• Facilitating the quarterly consolidated reporting of the Goldman Sachs Group with regular interaction with Financial Reporting in New York
• Coordination with multiple teams across the firm - and across the globe - including Corporate Treasury, Legal, Compliance, Tax and Transfer Pricing, in a collaborative and problem-solving capacity
• Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information
• Understand the impact of regulatory developments and proactively work to identify solutions
• Involvement in a broad range of cross-divisional projects and initiatives
Skills / Experience:
• Recently qualified accountant
• Able to demonstrate technical accounting knowledge in your current area of expertise
• Experience in preparation of audited financial statements under UK GAAP or IFRS an advantage
• A track record of improving processes and adding value to clients/stakeholders.
Preferred Skills:
💡 Quick Summary
Seeking a career-building opportunity? The Controllers|LEC Reg|Associate position is now open for candidates interested in the Bank Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
