Controllers, Legal Entity Controller, Associate, Johannesburg

Goldman Sachs; Randburg; On-site; ZAR 400,000 - 800,000; Full time

Job summary

An established industry player is seeking a driven Legal Entity Controller to manage financial reporting and oversight across various legal entities. This role offers the chance to develop a deep understanding of financial processes while collaborating with diverse teams globally. You will be responsible for preparing and presenting financial reports, resolving complex accounting issues, and ensuring compliance with regulatory requirements. If you are passionate about accounting and eager to contribute to a dynamic team, this opportunity is perfect for you. Join a firm that values integrity, excellence, and innovation in the financial sector.

Benefits

Training and Development Opportunities

Wellness Programs

Diversity and Inclusion Initiatives

Qualifications

• Recent accounting qualification with strong technical accounting knowledge.
• Experience in preparing audited financial statements is advantageous.

Responsibilities

• Prepare and analyze financial reports for senior management and stakeholders.
• Lead reporting to local authorities and facilitate consolidated reporting.

Skills

Technical Accounting Knowledge

Analytical Skills

Problem Solving

Attention to Detail

Interpersonal Skills

Communication Skills

Creativity/Innovation

Client Focus

Education

Recently Qualified Accountant

CA (SA) or Equivalent

Tools

IFRS

US GAAP

Job description

Controllers, Legal Entity Controller, Associate, Johannesburg

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 1869, the firm is headquartered in New York with offices in major financial centres around the world.

We are committed to growing our distinctive Culture and upholding our core values which always place our client's interests first. These values are reflected in our Business Principles, which emphasize integrity, commitment to excellence, innovation and teamwork.

Controllers Overview:

The Controllers group is responsible for safeguarding the firm's assets and is charged with monitoring the firm’s liquidity, capital and risk and providing overall financial control and reporting functions. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

YOUR IMPACT

As a Legal Entity Controller you will take complete ownership of the financial reporting and monitoring across a wide range of legal entities. You will develop an in-depth understanding of these entities, including their business strategies, products and associated technical accounting and disclosure requirements. We’re looking for a bright, driven professional to join our Legal Entity Controllers team, who is keen to use and develop their technical accounting skills to provide high quality reporting and analysis of our entities’ assets and profitability in a challenging and varied environment.

HOW YOU WILL FULFIL YOUR POTENTIAL

• Preparation, analysis and presentation of monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders (predominantly under IFRS/US GAAP)
• Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors and regulatory agencies
• Become subject matter expert for inflows and outflows impacting the Goldman Sachs International Bank South Africa Branch (the Branch), developing an ability to understand the implications of business and market developments on the profitability of the Branch.
• Lead and facilitate periodic reporting to local authorities such as the South African Reserve Bank (SARB), ensuring regular interaction with multiple teams across the firm and across the globe
• Facilitating the quarterly consolidated reporting of the Goldman Sachs Group and Goldman Sachs International Bank with regular interaction with Finance teams in New York and London
• Coordination with multiple teams across the firm - and across the globe - including Product Control, 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.
• Develop and evolve the reporting framework in place to ensure adequate capital and financial management oversight as well as reporting in line with the SARB guidelines and other Regulatory requirements
• Attendance and participation in various working groups and forums to ensure adequate oversight from a legal entity control perspective
• Leverage understanding of the business and stakeholder expectations to develop metrics and dashboards for distribution, while ensuring appropriate and timely escalation of issues.
• Involvement in a broad range of cross-divisional projects and initiatives

BASIC QUALIFICATIONS & EXPERIENCE

• Recently qualified accountant (0-2 yrs)
• CA (SA) or equivalent
• Able to demonstrate technical accounting knowledge in your current area of expertise
• Experience in preparation of audited financial statements under IFRS an advantage
• A track record of improving processes and adding value to clients/stakeholders

PREFERRED CHARACTERISTICS

• Strong analytical skill
• You demonstrate an aptitude for problem solving with the ability to exercise sound and balanced judgment in a highly regulated environment
• Functional expertise - Enjoy keeping up-to-date with emerging business, economic, and market trends
• Strong technical accounting skills
• You demonstrate strong technical skills, pay attention to detail, take initiative to broaden your knowledge and resolve accounting issues
• Personal drive and motivation - Successfully handle multiple tasks, take initiative to improve your own performance, work intensely towards challenging goals
• A client and business focus - Effectively handle difficult requests, build trusting, long-term relationships with clients, help the client to identify/define needs and manages client/business expectations
• Strong teamwork ethic
• You are a strong team player with excellent interpersonal skills.
• You collaborate well with others within and across teams, encourage other team members to participate and contribute and acknowledges others' contributions
• Excellent communication skills - Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others
• Judgement and problem solving
• You will always be thinking ahead, able to anticipate questions, plan for contingencies, find alternative solutions and identify clear objectives.
• Creativity/Innovation and a desire to add value - Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
• The ability to influence outcomes - Present sound, persuasive rationale for ideas or opinions. Able to take a position on issues and influences others' opinions and present persuasive recommendations

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.

Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

About the company

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