Controllers - Financial Accounting - Vice President

Goldman Sachs; Greater London; On-site; GBP 60,000 - GBP 80,000; Full time

Job summary

A global financial institution is seeking an experienced professional to provide technical accounting guidance and support. The ideal candidate will have Big 4 experience, over 5 years in financial services accounting, and solid knowledge of IFRS and U.S. GAAP. This role involves interacting closely with various business units and auditing teams, making strong communication and project management skills essential. Join a collaborative environment focused on professional development and exposure to senior leadership.

Benefits

Comprehensive health benefits

Generous vacation policies

Child care services

Fitness membership reimbursement

Qualifications

• Big 4 accounting experience strongly preferred.
• 5+ years of post-qualification experience in financial services/financial instruments accounting.
• Solid knowledge of IFRS required with experience of U.S. GAAP or working in a multi-GAAP environment desirable.
• Strong project management skills with the ability to work effectively both individually 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 the business units/corporate functions.
• Partnering with business units on accounting implications for transactions.
• Performing technical assessment of new financial reporting developments.
• Advising on accounting policy for new products and transactions.
• Researching and documenting technical accounting issues.

Skills

Big 4 accounting experience

5+ years of post-qualification experience in financial services

Solid knowledge of IFRS

Experience of U.S. GAAP

Strong project management skills

Strong communication skills

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:

• Big 4 accounting experience strongly preferred
• 5+ years of post-qualification experience in financial services/financial instruments accounting
• Solid knowledge of IFRS required with experience of U.S. GAAP or working in a multi-GAAP environment 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

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.