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Controllers-London-Associate- Treasury Funding Controllers London United Kingdom Associate

Posted 2 days 18 hours ago by Goldman Sachs Bank AG

Permanent
Full Time
Banking & Financial Services Jobs
London, United Kingdom
Job Description

Controllers-London-Associate- Treasury Funding Controllers location_on London, Greater London, England, United Kingdom

YOUR IMPACT

As a Treasury Funding Controller you will take 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 investments, business strategies, and associated technical accounting requirements.

We're looking for a bright, driven professional to join our 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 liabilities in a challenging and varied environment.

OUR IMPACT

Controllers are a diverse team of specialists charged with ensuring the firm meets the financial control and reporting obligations of a global, regulated and public financial institution.

Funding Controllers is part of the broader Controller Division which is a global team responsible for ensuring the accuracy of the firm's financial and regulatory information by complying with the rules and regulations governing financial markets worldwide. As well as managing both internal and external financial reporting, our expertise plays a key role in the firm's business planning decisions around allocation of scarce financial resources such as capital and balance sheet. We partner with the business in providing advice on accounting, valuation, capital, liquidity, reputational risk and other regulatory considerations when executing business with our clients. Controllers is ideal for individuals who want to work and learn within our strong culture of teamwork and collaboration and who are motivated by opportunities for challenging project work.

As contact with virtually every part of the firm is essential to Controllers, professionals in the department have the opportunity to experience Goldman Sachs businesses, products and sophisticated information technology systems daily. 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.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Preparing the daily profit and loss account for trading desks, involving an assessment of the nature of revenue generated in the context of market moves and risk held as well as reconciliation between front office systems and sub-ledger as well as the firm's general ledger.
  • Producing and reviewing profit and loss attribution and commentary for the bank's trading, investing and new issuance businesses.
  • Participate in strategic initiatives to improve process flows and analysis as well as proactively seeking opportunities to improve workflows.
  • Intelligently reviewing trading activity to help assess the valuation of the portfolio and to highlight anything unusual or material to management.
  • Monthly price verification review and challenge of trader inputs into inventory pricing as well as incremental assessment of less observable inputs.
  • Preparation, analysis, review and presentation of daily, monthly, quarterly and annual financial reporting to senior management, directors, and other key stakeholders under US GAAP and IFRS
  • Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors (predominately under IFRS)
  • Take full ownership and become the subject matter expert for certain secured funding tax and reporting requirements
  • Understand the impact of regulatory developments and proactively work to identify solutions (e.g. NSFR)
  • Independently able to drive projects for automation of end to end reporting.
  • Coordination with multiple teams across the firm - and across the globe - including Funding and Product Control, Global Controllers, Corporate Treasury, Risk, Engineering and Tax in a collaborative and problem-solving capacity.
  • Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information
  • Understand the impact of regulatory developments and proactively work to identify solutions
  • Involvement in a broad range of cross-divisional projects and initiatives

SKILLS & EXPERIENCE WE'RE LOOKING FOR

BASIC QUALIFICATIONS & EXPERIENCE

  • Recently qualified accountant - ACA or equivalent (e.g. CFA)
  • Able to demonstrate technical accounting knowledge in your current area of expertise
  • Experience in preparation of audited financial statements under USGAAP or IFRS an advantage
  • A track record of improving processes and adding value to clients/stakeholders
  • Knowledge of FAS 133, AFS and HTM accounting is beneficial but not essential
  • Knowledge of Hedge accounting is beneficial but not essential

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 identifies 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 presents persuasive recommendations both internally and to our external partners.
Healthcare & Medical Insurance

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.

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