Job Description

Job Duties: Associate with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Apply financial and risk management skills, such as accounting principles to monitor the Firm’s cash flow, and contribute to process improvement projects by monitoring deviations and raising to stakeholders while also reducing exceptions. Enhance and improve reconciliation management processes and functions by developing a deeper understanding of this function and becoming a technical expert, collaborating with our technology and business partners as well as external contacts to improve strategic process workflows and provide timely client or business query support. Assist with building out the team, ensure that best accounting practices are always used to analyze control reports to capture process deviations and finding solutions to reconciling those deviations. Ensure accuracy of cash reconciliation on client’s books & records, partner with Equities, Futures, and Foreign Exchange business units of the Firm to ensure accurate execution, reconciliation, and governance of cash settlement activities. Use and develop data visualization tools, such as Tableau and Alteryx, to better improve customer service and make data-driven decisions regarding day-to-day activity prioritization, process improvements around straight through processing, cost/benefit analysis of proposed exception management solutions, resolutions and reductions, and analyze large datasets. Monitor activities of the team and ensure timely completion of the respective checklist signed off for the same. Serve as point of escalation for business units throughout the Firm on any queries pertaining to the cash application process.

Job Requirements: Master’s degree (U.S. or foreign equivalent) in Finance, Data Analytics, Accounting, Mechanical Engineering, Financial Engineering, Engineering Management, or a related quantitative field OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Data Analytics, Computer Science, Accounting, Mechanical Engineering, Financial Engineering, Engineering Management, or a related quantitative field. One (1) year of experience with a Master’s degree in the job offered or in a related role OR Three (3) years of experience with a Bachelor’s degree in the job offered or in a related role. Prior experience must include one (1) year of experience with a Master’s degree or three (3) years of experience with a Bachelor’s degree with: working in a global financial institution with demonstrated experience collaborating on strategic cash reconciliation process improvements with internal stakeholders across different regions; analyzing financial statements including balance sheets, income statements, swift knowledge and other financial disclosures, including earning releases; knowledge of different types of payments methods, such as Swifts; working with business intelligence and visualization tools including Tableau, SQL, or VBA; presenting topics related to financial resource management to senior stakeholders in a global financial institution; and optimization of financial resource management through updating balance sheets, liquidity, and capital.

©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. 

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