Corporate Planning & Management - Associate - Product Finance - Bengaluru

4 days left

Employer
Goldman Sachs
Location
India
Posted
May 25, 2024
Closes
Jun 25, 2024
Ref
4697147413
Level
Associate
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Role Overview

This role sits within Product Finance team in CPM. The Product Finance team provides financial support, management and control for all firm-wide non-compensation expenses. The Primary functions include Accounting and Financial Control, Financial Analysis, Business Unit Support and commercial management.

The role requires collaboration with different functions and divisions across the firm on a regular basis, an ability to work independently and ability to interact with senior professionals across the firm, running initiatives for the function at the global level, liaison with controllers, working effectively across various diverse groups across the organization. It also entails in-depth analysis and reporting for senior management, requiring diligence and a commercial mindset. Should have excellent verbal and written communication skills.

The successful candidate will develop core skills in financial management and assume enhanced responsibilities over a period. Strong performance will result in challenging assignments over a period of time and career development opportunities.

Principal Responsibilities

Monthly financials close, balance sheet analysis, financial reporting and analysis for Real Estate spend including budgeting, forecasting and managing accounting schedules for office lease. Provide support in the areas of monthly close, accrual calculations and uploads, expense estimates and invoice management. Own the accounting control for expense/ balance sheet accounts pertaining to real estate spend and manage other related activities
  • Strengthen internal control and governance by reviewing existing policies / proposing new policy
  • Lead Daily / weekly / monthly financial and operational reporting to various stakeholder to bring enhance transparency
  • Manage operating expenses, influence and drive cost efficiencies
  • Analyze financial and operational data from various Projects around the globe and present findings clearly to enable effective decision-making
  • Work with controllers and accounting policy to evaluate accounting treatment of new real estate office lease per USGAAP
  • Understand and own the applicable financial reporting and the associated controls through regular reviews of Balance Sheet and Profit & Loss accounts
  • Conduct quarterly substantiation of asset and liability accounts; Report executed and off Balance Sheet commitment to controllers
  • Work in close coordination with global finance team and leadership on annual budget and quarterly reforecast related assignments. Consolidate inputs and translate business assumptions to quantify financial impact
  • Analyze and explain expense trends and key drivers for changes to internal finance teams
  • Drive improvement and automation of current processes to enhance efficiency, accuracy and control.

Basic Qualifications
  • Finance Professional experience - Chartered Accountant/MBA
  • 3-5 years of relevant experience
  • MS Office skills - Advanced MS Excel knowledge, basic proficiency on MS PowerPoint.
  • Clear and effective communication skills both verbally and in writing. Experience of working in a global setup will be of advantage

Preferred Qualifications
  • Strong networking skills to establish contacts and partnerships with other teams in Goldman Sachs
  • Impeccable attention to detail
  • Ability to organize own time and work independently, without close supervision
  • Courage to challenge current practice and suggest new ways of working, value-added ideas/ approaches
  • Ability to work in a team based environment and to interface with employees at all levels
  • Flexibility to adapt and perform in a dynamic and evolving organization

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., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer