Controllers-Dallas-Associate, Financial Accounting-4285046

Goldman Sachs • Dallas, TX

1d • Onsite

About The Position

Responsible for reconciliation, preparation and reporting of general ledger accounts, balance sheets, Profit & Loss (P&L), capital statements, etc. to external stakeholders. This includes managing the quarterly closing process, ensuring proper booking of accruals and provisions. The role involves regular engagement with fund administrators and auditors to mitigate risks and ensure accurate regulatory reporting. The Associate will also assist in preparing standalone fund financial information and disclosures in accordance with U.S. GAAP, safeguarding firm assets and reputation by supporting investment management stakeholders and ensuring compliance with firm policies and global financial market regulations. Collaboration with various internal divisions like Business Teams, Product Services, Operations, IT, and Trading stakeholders is crucial to maintain the integrity of accounting records and provide critical analysis for accurate fund financial information.

Requirements

• Master's degree (U.S. or foreign equivalent) in Accounting, Finance or a related field and one (1) year of experience in the job offered or a related Financial Accounting role OR Bachelor's degree (U.S. or foreign equivalent) in Accounting, Finance or a related field and three (3) years of experience in the job offered or a related Financial Accounting role
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in utilizing knowledge of U.S. General Accepted Accounting experience (GAAP) to produce or review financial information of private equity funds
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in reviewing general ledger and journal entries to analyze and reconcile accounts
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in utilizing accounting processes and analyzing financial control infrastructure, control risk assessments, and control framework
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in investigating fluctuations in both P&L and balance sheet account amounts and reporting periods, including identification, and understanding of underlying drivers during analytical reviews
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in participating in internal and external financial audits, including demonstrated familiarity with audit trail, audit testing, control documentation processes, and audit inquiries
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) in using Excel, MS Word, and MS PowerPoint to create reports and perform analysis using pivot tables, VLOOKUP, charts, filtering, data validation, and other “what if” tools

Responsibilities

• Reconciliation, preparation and reporting of general ledger accounts, balance sheets, Profit & Loss (P&L), capital statements, etc. to external stakeholders
• Responsible for quarterly closing process, including proper booking of accruals and provisions and other balances
• Engage regularly with fund administrators and auditors to protect the firm from reputational and other risks
• Ensure accurate and complete reporting of regulatory information in reports to the regulatory authorities
• Assist in the preparation of standalone fund financial information and disclosures in accordance with U.S. GAAP
• Safeguard the assets and reputation of the firm by controlling and supporting investment management stakeholders, as well as ensuring that they are in compliance with the firm’s policies and with the rules/regulations that govern global financial markets
• Work closely with other divisions, including Business Teams, Product Services, Operations, IT and Trading stakeholders
• Ensure the integrity of accounting records for accuracy and compliance with accepted accounting policies and principles
• Provide critical analysis required to ensure that financial information of the funds are accurate

What This Job Offers

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