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

Goldman Sachs • Albany, NY

5d

About The Position

The Goldman Sachs Private Family Office provides proactive financial counseling and full-service implementation to address the financial complexities of CEOs, founders, private equity principals and ultra-high net worth individuals and their families. Our clients value having a single point of contact to address their specific planning needs and manage their financial affairs. Our holistic approach incorporates financial planning in several areas such as: consolidated investment review, income tax preparation and planning, estate planning and wealth transfer, employee benefits, risk management, philanthropic planning and cash management. The Bill Pay team within the Private Family Office provides accounting services for Family Office clients, including managing accounts payable, accounts receivable, general ledger maintenance as well as account reconciliation and reporting. Additional responsibilities such as ad-hoc reporting and special projects are assumed with increase in client complexity. Daily interaction with high net worth clients and/or financial advisors is required.
Our Impact: The Private Family Office is designed to service the firm’s most strategic clients. Our trusted advisor teams target a client ratio of 8-12 families per advisor, allowing us to dedicate the necessary time and resources to each client’s unique financial circumstances. How You Will Fulfill Your Potential: Are you a quick-thinking self-starter with a passion for accounting and finance, have the desire to work closely with high net worth individuals and the ability to think outside the box? Our accounting professionals provide proactive record keeping and bill payment services to high net worth individuals. We are seeking professionals with an understanding of bookkeeping, who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business.

Requirements

• Associate’s degree required
• Experience in Excel preferred
• Knowledge of General Ledger accounting, A/P, A/R and/or Payroll a plus
• Small business experience with 1099 and sales/use tax experience a plus
• 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

Responsibilities

• Support the Bill Pay team operationally, working closely with management and staff on all core support tasks
• Full responsibility for operational tasks, including open and scanning mail and check custody
• Manage multiple stages of the payment process, such as scanning invoices into accounting software, printing and reviewing check payments, and coordinating outgoing mailings
• Complete payroll audit control processes and download and distribute payroll reports to advisor teams
• Serve as a key liaison to facilitate communication between clients, advisor teams, and the Bill Pay team
• Complete data entry tasks associated with client record keeping and reporting requirements
• Liaise with advisor teams to coordinate 1099 preparation and mailings
• Completion of special projects at the direction of Management

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees