Controllers-London-Associate-Accounting Policy

Goldman Sachs; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

Goldman Sachs is seeking an Accounting Policy professional within the Controllers division to apply IFRS and US GAAP, develop disclosures, and monitor emerging accounting issues. The role partners with business units and engages regulators to ensure robust financial reporting and policy adherence.

The candidate will provide technical accounting advice, contribute to policy discussions on new products, and support external auditors with policy-related matters while supporting continuous

Qualifications

• ACA/ACCA qualification required with big 4 accounting experience in financial services preferred.
• Solid knowledge of IFRS required with experience of US GAAP desirable.
• Strong project management skills with ability to work effectively both individual and in a team environment.
• Strong communication and interpersonal skills with the ability to work with cross-divisional teams.

Responsibilities

• Providing technical accounting advice to assist business units and functions in applying existing accounting guidance.
• Partnering with business units on accounting implications for the business and forthcoming changes.
• Perform technical assessment of new financial reporting developments and liaising with standard setters/regulators.
• Advising on accounting policy for new products and restructurings and complex transactions.
• Research and document technical accounting issues under applicable standards.
• Provide training to business units and corporate functions on developments and policies.
• Assist SEC Financial Reporting and LEC teams to develop financial statement disclosures.
• Engage with external auditors on policy-related matters.
• Contribute to accounting policy department activities and ensure policy compliance.

Skills

Accounting standards

IFRS knowledge

Project management

Communication skills

Education

ACA/ACCA qualification

Job description

Controllers – Our Impact

The mission of Controllers is to ensure that the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. As part of the firm’s second line of defence, Controllers provides the critical analysis required while ensuring the internal and external financial and non-financial information of the firm is accurate. Additionally, Controllers serves an important role in safeguarding the assets of the firm through the independent scrutiny of financial and non-financial information. Controllers engages regularly with the firm’s regulators and auditors and through its strong culture of control and challenge helps to protect the firm from reputational and other risks.

As contact with virtually every part of the firm is essential to Controllers role, professionals in the department have the opportunity to learn about Goldman Sachs businesses, products and sophisticated information technology systems on a daily basis. If you are keen to develop an in-depth understanding of financial services, Controllers is a great place to further your career.

The division is ideal for collaborative individuals who enjoy working in a strong team focused culture, and are motivated by opportunities for challenging stretch assignments. You will receive continuous training, both formal and informal, to ensure your ongoing professional development and have exposure to - and support from - senior members of our team from the outset.

Accounting Policy function – Your Impact

This individual will work within Accounting Policy interacting with the various business units and corporate functions of the firm in applying existing accounting standards and the firm’s accounting policies to transactions and corporate level activities. The individual will be closely involved in assisting in the monitoring and interpreting of various emerging technical accounting issues under IFRS and U.S. GAAP and assisting in the implementation of new and existing disclosures in financial statements and SEC filings.

Roles and responsibilities:

• Providing technical accounting advice to assist the business units/corporate functions in applying existing accounting guidance to transactions and corporate level activities
• Partnering with business units on the accounting implications for the business ensuring they are aware of all forthcoming accounting changes and their impacts
• Perform technical assessment of new financial reporting developments, including liaising with standard setters, and participating in discussions with regulatory bodies and industry groups as necessary
• Advising on accounting policy for new products and business activities, restructurings and complex transactions
• Research and document technical accounting issues under applicable accounting standards
• Provide training to both the business units and corporate functions on accounting developments, emerging issues and the firm’s accounting policies
• Assist SEC Financial Reporting and Legal Entity Controllers (LEC) teams to develop financial statement disclosures in accordance with applicable GAAP
• Active engagement with the firm’s external auditors on all policy related matters
• Contribute to accounting policy departmental activities and ensure compliance with established policies and procedures

Skills and experience we're looking for:

• ACA/ACCA qualification required with big 4 accounting experience in financial services preferred
• Solid knowledge of IFRS required with experience of U.S. GAAP desirable
• Strong project management skills with ability to work effectively both individual and in a team environment
• Strong communication and interpersonal skills with the ability to work with cross-divisional teams

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

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well‑being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on‑site. As a condition of employment, employees working on‑site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.