Controllers - Compensation Accounting - Cloud US Payroll (Oracle HCM Functional) - Analyst - Bengaluru in Bengaluru at honor foundations

Date Posted: 10/15/2024

Job Snapshot

Job Description

CONTROLLERS

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets. 

OUR IMPACT

We're a team of specialists charged with managing the firm’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.

BUSINESS UNIT

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 analyses 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. Direct Hedge Funds, Hedge Funds Strategies, Private Equity Group teams within Controllers support the alternative investments within Goldman Sachs Asset Management division with oversight over complex private funds.

BUSINESS UNIT OVERVIEW

The Compensation Accounting is responsible to manage the payroll and accounting functions for Goldman Sachs. Functional team within the compensation team manages the payroll systems and acts as an intermediary between the Compensation Accounting users and the Compensation Accounting Engineering team.

We are seeking an experienced Oracle Fusion HCM Cloud Functional Consultant specializing in the US payroll module to join our team. You will work closely with business stakeholders, technical teams, and end-users to deliver effective Payroll solutions that align with organizational goals and regulatory requirements.

JOB SUMMARY AND RESPONSBILITIES

Collaborate with business stakeholders to gather and document payroll

Translate business needs into functional specifications and system designs

Conduct gap analysis between current processes and Oracle Fusion HCM capabilities

Develop and execute test plans, scripts, and scenarios for payroll functionalities

Perform integration testing, and user acceptance testing (UAT)

Identify, troubleshoot, and resolve issues during testing phases

Provide training and support to end-users on the payroll module

Develop user guides, training materials, and documentation

Offer post-go-live support and resolve any issues that arise during the stabilization period

Identify opportunities for process improvements and system enhancements

Monitor system performance and optimize payroll processes for efficiency

Creating OTBI Reports

Good presentation and communication skills

BASIC QUALIFICATION 

Bachelor’s degree in computers (BE/B.Tech) or BCA/MCA.

1-4 years of experience as an Oracle Fusion HCM Cloud Functional Consultant, with a focus on the payroll module.

Prior work experience of PeopleSoft (added advantage)

Sound knowledge of US legislative and regulatory rules for payroll

Experience in end-to-end payroll processes, including payroll calculations, deductions and taxes

PREFERRED QUALIFICATION

In-depth knowledge of Oracle Fusion HCM Cloud Payroll functionalities

Strong understanding of payroll regulations and compliance requirements

Proficient in gathering and analyzing business requirements

Excellent problem-solving and troubleshooting skills

Ability to work collaboratively in a team environment

Strong communication and interpersonal skills

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

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.

Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity