Job Description

LEC Financial Reporting is a group within Financial Reporting responsible for preparing the firm’s standalone U.S. subsidiary quarterly and annual filings. The team interfaces with global product controllers, Legal Entity Controllers (LECs), SEC Financial Reporting, Accounting Policy, Legal, Funding, Treasury, Credit Risk, Market Risk and various other teams across the firm. In addition, the team participates in and frequently sponsors ad-hoc projects with various departments across GS in order to address new accounting pronouncements and other regulations, and to improve the overall efficiency of the reporting process.

The individual will assist in the preparation of the firm’s quarterly and annual U.S. subsidiary financial statements that are filed with various regulators. This will include significant interaction with various finance teams across the firm, including global product controllers, LECs, SEC Financial Reporting, Accounting Policy, Legal, Funding, Treasury, Credit Risk, Market Risk and various other teams across the firm. The individual will also be involved in cross-functional projects, such as implementing new accounting standards, developing procedures to comply with new pronouncements, updating policies and procedures, system integrations, and proposing improvements and efficiencies to existing reporting processes.

Key Responsibilities:

• Preparation of the firm’s quarterly and annual U.S. subsidiary financial statements and footnotes
• Obtaining a thorough understanding of accounting standards relevant to the disclosures in the financial statements and ensuring compliance with the requirements
• Preparation of financial statement and disclosure review packages 
• Coordination of quarterly disclosure meetings with stakeholders.
• Acting as a liaison between LECs, Product Controllers, SEC Financial  Reporting, Accounting Policy and other internal departments in order to ensure that reporting requirements are satisfied 
• Responsible for providing guidance to LECs and Product Controllers and other finance team on quarter-end deliverables 
• Identifying development areas and proposing solutions aimed at improving the process by which information is collected, analyzed and controlled.

Basic Qualifications:

• Degree in Accounting (CPA preferred)
• 1-2 years relevant work experience
• Excellent interpersonal, communication and multi-tasking skills
• Strong analytical and organizational skills
• Detail-oriented
• Self-starter with ability to work in a fast-paced environment under challenging deadlines 
• Strong Excel and Word skills

   

Salary Range 

The expected base salary for this Jersey City, New Jersey, United States-based position is $75000-$100000. 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.