Financial Accounting Associate - Jersey City

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

Job summary

A leading investment bank is seeking a dedicated Controller for their BDC team in Jersey City. This role focuses on accounting oversight, SEC reporting, and collaboration with cross-functional teams to ensure accuracy and compliance in financial reporting. The ideal candidate will have a strong background in accounting with excellent communication skills, ready to drive innovative accounting solutions and manage technology projects.

Qualifications

• Bachelor’s degree in Accounting required.
• 2-5 years in public/private accounting needed.
• Understanding of complex product structures essential.

Responsibilities

• Oversee accounting for Business Development Companies.
• Prepare SEC financial reports in coordination with administrators.
• Manage technology projects related to BDC initiatives.

Skills

Strong control awareness

Excellent interpersonal skills

Communication skills

Education

Degree in Accounting

Job description

Pay Competitive

Location Jersey City/New Jersey

Employment type Full-Time

Job Description

Req#: 95206

Summary:

The AMD BDC Controllers team is responsible for overseeing external fund administrators in the calculation of month end net asset values and the coordination of financial reporting for 3 Business Development Companies ("BDC"). The team is expected to develop a strong understanding of the various products, controls and processes of the external administrators and the development of accounting policy. The team is also responsible for the preparation of various SEC filings, management reports, new product launches, and various ad hoc requests from the business. The team works closely with various teams within Goldman Sachs including Portfolio Management, Product Management, Legal, Operations, Compliance as well as external auditors and the external fund administrators.

Principal Responsibilities for supporting the BDC's:

• Accounting oversight for the BDC.
• Preparation/Coordination of the BDC's SEC financial reporting through communication with the administrator and independent auditors.
• SOX 404 oversight for the BDC.
• Preparation of reports to the BDC's Board of Directors.
• Develop accounting policy for newly traded instruments and institute procedures for validating the accounting policy with the fund administrator.
• Manage technology initiatives by providing scope of project, managing time-line, and coordinating testing.
• Continued research on new accounting pronouncements and their impact to the financial statements.

Basic Qualifications:

• Degree in Accounting
• 2-5 years of professional work experience in public and/or private accounting
• SEC reporting experience a plus
• Business Development Company product experience a plus
• Demonstrate strong comprehension of complex product structures and ability to assist with innovative structure solutions for portfolio managers
• Strong control awareness
• Ability to think broadly and take a global view on issues,
• Committed, self-motivated and proactive with a desire to succeed
• Excellent interpersonal and communication skills with desire to learn and develop presentation skills

Salary Range:
The expected base salary for this Jersey City, New Jersey, 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 .

About the company

The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City.

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