Corporate Planning

Job Description Job Description CORPORATE PLANNING & MANAGEMENT (CPM) ANALYST, Cost Allocations Goldman Sachs Overview Goldman Sachs aims to be the employer, advisor, and investment of choice by attracting and retaining the best and most diverse talent. Through our leadership and diversity efforts, integrated talent management processes and vibrant affinity network programs, we work to provide a supportive and inclusive environment where all individuals, regardless of gender, race, ethnicity, national origin, sexual orientation, gender identity, disability or other classification can maximize their potential. The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services 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. Divisional Overview The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm. CPM have 5 operating pillars. Finance & Planning supports the execution of the firm's strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm's business plans and budgets. They develop consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achieve commercial financial opportunities. Product Finance is responsible for the overall governance and proactive management of the firm's non-compensation expenses. Spend Management encompasses the functions responsible for managing all aspects of the firm's spend with third parties - advising commercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations. Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses. The CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm's strategic objectives. Position Summary The Cost Allocations team within CPM is responsible for the consistent allocation treatment across the organization and functional alignment by creating a single allocation system to simplify, standardize, and increase transparency of costs and their drivers / metrics. The role requires collaboration with different functions and divisions across the firm on a regular basis, an ability to work independently and ability to interact with senior professionals. It also entails in-depth analysis and reporting for senior management decision making, therefore, eye to detail is a prerequisite for this role. The candidate is required to work with counter parts across regions on projects and reporting. Should have excellent verbal and written communication skills. Principal Responsibilities - Collaborate with divisions and groups across the firm on a regular basis to analyze and strategize allocation model - Monthly maintenance and review of allocations by analyzing and improving the robustness of the Allocation process - Build a strong governance process for managing firmwide department and engineering project allocations - Subject Matter expertise on Allocation tools and reporting cubes to manage and resolve user queries - Partner with Engineering finance to effectively manage Core Engineering allocation process - Partner with Data Governance team for Reference Data Management pertaining to Allocations - Leading the team's efforts to identify areas where we can better leverage technology and automate processes - Develop and monitor data quality metrics and reporting - Provide thought leadership and participate in projects / initiatives to improve upstream / downstream data flows and processes - Serve in an support role for organizational restructures, allocation management and other strategic reporting initiatives - Partner with CPM Engineering teams to gather and understand functional requirements, streamline processes and develop/enhance reporting models Experience / Skills - Finance Professional with 1-2 years experience preferably with Finance planning and data governance experience - Strong analytical skills and ability to summarize and present information at a management level - Clear and effective communications skills both verbally and in writing. Experience working in a global organization preferred - Strong networking skills to establish contacts and partnerships with other teams in Goldman Sachs - Impeccable attention to detail, ability to organize own time and work independently - Ability to work in a team-based environment and to interface with employees at all levels - Willingness to challenge current practices, suggest new ways of working, and offer value-added ideas - Adapt easily to a dynamic organization and ability to work well under pressure - MS Office skills Advanced MS Excel knowledge, basic proficiency on MS PowerPoint - Proficiency with Hyperion / Essbase, Smart View preferred Goldman Sachs is an equal opportunity employer. The Goldman Sachs Group, Inc., 2019. All rights reserved.