Asset & Wealth Management, Private Family Office Bill Pay, Analyst - Albany, NY

$55,000 - $75,000/Yr

Goldman Sachs - Albany, NY

Full-time - Entry Level

Albany, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Bill Pay Account Associate position at Goldman Sachs Ayco Financial Counseling focuses on providing accounting services for ultra-high net worth families. This role involves managing accounts payable, accounts receivable, general ledger maintenance, and account reconciliation, while also preparing client reports and facilitating communication between clients and vendors. The position requires daily interaction with high net worth clients and financial advisors, emphasizing the importance of attention to detail and strong communication skills.

Responsibilities

• General ledger account maintenance of clients' activities
• Processing of client accounts payable
• Processing of client accounts receivable
• Client report preparation, including tasks associated with the completion of bank account reconciliations
• Serve as key liaison, helping facilitate communication between client, vendors and counseling teams
• Completion of special projects at direction of Management
• Data entry tasks associated with client record keeping and reporting processes

Requirements

• Associate's degree required
• Experience in a bookkeeping/accounting position preferred
• Knowledge of General Ledger accounting, AP, AR, Payroll and Bank Reconciliation procedures
• Small business experience with 1099 and sales/use tax experience preferred
• Strong verbal and written communication skills
• Strong organizational skills with excellent attention to detail
• Ability to work in a fast-paced environment and handle multiple priorities and deadlines

Benefits

• Healthcare & Medical Services
• Competitive vacation policies
• Financial support for higher education
• Live financial education
• Medical advocacy service
• Counseling and referral services through EAP
• On-site fitness centers
• Reimbursement for fitness club membership
• On-site child care centers
• Adoption, surrogacy, egg donation and retrieval stipends