Job Abstract

Job Duties: Associate with Goldman Sachs Bank USA in Jersey City, New Jersey. Prepare and record monthly entries to the company’s general ledger to properly reflect balance sheet. Perform monthly tax accruals and reconcile with Tax Department to ensure completeness and accuracy. Assist with ensuring accurate and complete reporting of regulatory information in reports to regulatory authorities. Production of quarterly financial information for inclusion in the firm’s consolidated SEC financials. Prepare and review management reports and analysis to highlight specific balance sheet variances particularly in reverse repo and repo as well as stock borrow and stock loan activities. Performing the accurate and fair presentation of stand-alone entity financial information and disclosures in accordance with U.S. GAAP and broker-dealer regulatory reporting requirements. Liaise with technology and business teams to ensure proper monthly reporting of balance sheet. Perform detailed analysis into system logic of existing systems to document the functionality of the system and create clean standard operational procedures. Liaise extensively with other areas of the Firm, such as Product Controllers, Funding Controllers, Corporate Treasury, Legal, Tax, Regulatory, Market Risk and Credit Risk on various ad hoc inquiries including new products requests and strategic changes to existing workflows. Liaise with global teams on various month-end processes and technology automation initiatives.

Job Requirements: Bachelor’s degree (U.S. or foreign equivalent) in Accounting, Finance, Economics, or related field. Two (2) years of experience in the job offered or in a related role. Prior experience must include two (2) years of experience with: utilizing knowledge of U.S. General Accepted Accounting experience (GAAP) to produce or review financial information for inclusion in company’s consolidated financials; identifying issues related to internal controls and supplying comprehensive recommendations to management to mitigate company’s risks; participating in internal and external financial audits, including demonstrated familiarity with audit trail, audit testing, control documentation processes, and audit inquiries; reviewing general ledger and journal entries to analyze and reconcile accounts; investigating fluctuations in both P&L and balance sheet account amounts and reporting periods, including identification, and understanding of underlying drivers during analytical reviews; using Excel, MS Word, and MS Powerpoint to create reports and perform analysis using pivot tables, VLOOKUP, charts, filtering, data validation, and other “what if” tools; and utilizing accounting processes and analyzing financial control infrastructure, control risk assessments, and control framework.

Salary Range: The expected annual base salary for this Jersey City, New Jersey, United States-based position is $85,000-$140,000. 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: https://www.goldmansachs.com/careers/discover/benefits-summary-US.pdf

©The Goldman Sachs Group, Inc., 2024. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.