Controllers, AWM Private Product Control, Associate, Jersey City

Goldman Sachs Group, Inc.; Jersey City (NJ); On-site; USD 85,000 - 140,000; Full time

Job summary

Goldman Sachs Group, Inc. in Jersey City is seeking a Private Product Control professional to oversee the quarterly valuation process for private investments, primarily private equity, and to verify price accuracy with ongoing interaction across Controllers, portfolio managers and operations.

The role requires 3–5 years in finance with knowledge of PE/Private Debt valuations, DCF and market approaches, plus strong communication and analytical skills.

Qualifications

• Degree in Finance/Accounting; CPA/CFA or MBA preferred.
• 3-5 years relevant work experience (public and/or private).
• Knowledge of Private Equity & Private Debt valuations, including market, DCF, and liquidation approaches.
• Strong understanding of WACC, CAPM, and Contingent Claims Analysis models.
• Understanding of equities markets and the alternative investment management industry.
• Extensive Microsoft Office experience (Excel/PowerPoint/Outlook).
• Knowledge of valuation accounting disclosures.
• Strong interpersonal, verbal and written communication; experience presenting to senior managers.
• Ability to work within a team; strong analytical and organizational skills.
• Results oriented and multitasking abilities.

Responsibilities

• Oversee quarterly valuation process for private equity, debt and GP stake positions with financial statement analysis, DCF and market approaches.
• Involvement in independent third-party valuation processes.
• Involvement in external/internal Audit review process.
• Responsible for investor and regulatory reporting along with disclosures for financial statements.
• Prepare valuation committee presentations.
• Daily interaction with portfolio managers, Fund Accounting & Operations.
• Develop understanding of private equity markets and alternative asset management industry.

Skills

Finance/Accounting

Valuation methods

WACC/CAPM

Equities & alternatives

Communication

Analytical

Teamwork

Organizational

Multitasking

Education

Finance/Accounting degree

CPA/CFA or MBA preferred

Tools

Microsoft Office (Excel/PowerPoint/Outlook)

Job description

Summary
The successful candidate will work within the AWM (Asset & Wealth Management) Private Product Control team, which is responsible for oversight of private equity and debt valuations within the External Investing Group(“XIG”).

They will be responsible for the price verification of private investments; primarily private equity investments

They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations

They will be responsible for investor and regulatory reporting

Principal Responsibilities

• -Responsible for oversight of the quarterly valuation process for private equity, debt and general partner stake positions, including financials statement analysis, discounted cash flow and market approaches
• -Involvement in independent third-party valuation processes
• -Involvement in external/internal Audit review process
• -Responsible for investor and regulatory reporting along with disclosures for financial statements
• -Responsible for valuation committee presentations
• -Daily interaction with portfolio managers, Fund Accounting & Operations
• -Develop a broad understanding of private equity markets and alternative asset management industry

Experience / Skills

• - Degree in Finance / Accounting, CPA/CFA or MBA preferred
• - 3-5 years relevant work experience (public and/or private)
• - Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.
• - A strong understanding of WACC, CAPM and Contingent Claims Analysis models
• - A strong understanding of Equities markets and the alternative investment management industry
• - Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
• - A strong understanding of valuation accounting disclosures
• - Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers
• - Ability to work within a team environment
• - Strong analytical and organizational skills
• - Results driven and great multitasking skills

Salary Range
The expected base salary for this Jersey City, NJ, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.