Controllers - Compensation Accounting - Associate

2 weeks ago

Bengaluru, India Goldman Sachs Full time

**ABOUT GOLDMAN SACHS**

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 and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

**BUSINESS UNIT OVERVIEW**

The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures.

Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth.

**JOB RESPONSIBILITIES**
- Coordination, processing and tax reporting of compensation information for employees.
- Responsible for the compensation reporting and accounting for both external as well as internal authorities
- Commitment to control, ensuring data/ information flow has gone through proper internal controls
- Review, reconcile and substantiate monthly entries to general ledger accounts for various payroll and accrual entries.
- Assist in formulating/automating payroll process to facilitate new operations for the firm. This may involve new pay entity set up and/or implementing tax effectiveness programs/new benefits program
- Working closely with Compensation Accounting counterparts in the administration of compensation reporting for responsible regions
- Documentation of processes
- Participation in global projects
- Ad-hoc requests

**BASIC QUALIFICATIONS**
- Degree in Business, Accounting or Finance.
- 2-3 years relevant work experience.
- Excellent teamwork, interpersonal and communication skills.
- Details and controls oriented
- Flexible, can easily adapt to changes.
- Strong PC skills, Peoplesoft, MS Word, MS Excel, Outlook
- Knowledge income tax and local benefits is a plus
- US Domestic Payroll experience is a plus

**COMPETENCIES**
- Ability to prioritize and make decisions in a fast‐paced environment
- Accuracy and attention to detail

**YOUR CAREER**

At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, ‘Goldman Sachs University’ offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.

In order to help you navigate the organisation, you will be given a mentor from outside of your immediate department. This person will be positioned to provide you with objective advice and guidance on your career development.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.

**Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, colour, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.**

**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.

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

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