Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Private Client Accounting and Payment Services Lead, Vice President - New York

Goldman Sachs•New York, NY

6d•$160,000 - $275,000•Onsite

About The Position

Goldman Sachs Family Office (GSFO) is seeking a Vice President to lead an innovative private client accounting and payment services offering for its most strategic Ultra-High-Net-Worth (UHNW) clients. This leadership role is crucial for establishing and scaling a best-in-class service model that addresses the intricate financial affairs of complex family structures. The successful candidate will define the practice's strategy, build a high-performing team, drive operational excellence, and ensure the delivery of precise, timely, and confidential financial management solutions. This role requires an entrepreneurial spirit combined with deep technical accounting expertise and a proven ability to innovate and grow a service offering.

Requirements

Bachelor's Degree Required, preferably in Accounting, Finance, or a related field.
A minimum of 10-15 years of progressive experience in accounting, financial management, or family office operations, with at least 5-7 years focused on UHNW individuals or families, including experience in a private family office or multi-family office environment.
Proven experience in designing, building, leading, and scaling an accounting or financial services practice or team, specifically for UHNW clients.
Deep expertise in accounting principles, financial reporting, and complex multi-entity accounting (e.g., Trusts, LLCs, LPs, Partnership Interests).
Advanced proficiency with accounting software (e.g., QuickBooks, Intacct, NetSuite) and / or experience with bill pay platforms.
Exceptional Excel skills.
Experience in interfacing with Trustees, Attorneys, Accountants, and other advisors and professional bodies in respect to private client’s wealth planning.
Excellent interpersonal skills and a desire to work in a team-oriented environment.
Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment.
Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within first 3 months of employment).

Nice To Haves

An ACCA/CPA certification is highly desirable.
Exposure to investment reporting, alternative assets, or trust/estate accounting.
Experience with state and federal tax matters is a plus.
Occasional travel may be requires.

Responsibilities

Lead a team responsible for comprehensive accounting and payment services, leveraging agentic AI technology to deliver this offering at greater scale and quality.
Lead the implementation of the practice, establishing robust processes, selecting and leveraging cutting-edge technology, and creating scalable systems to support rapid growth and ensure consistent service quality.
Recruit, develop, and lead a high-performing team of bill pay and accounting specialists. Foster a culture of excellence, collaboration, continuous learning, and client-centricity.
Provide strategic oversight for all aspects of UHNW client financial operations, including end-to-end bill payment, multi-entity accounting, general ledger maintenance, and meticulous reconciliation of bank, brokerage, and credit card accounts.
Drive the production of detailed financial reports, statements, cash flow analyses, budgeting, and forecasting tailored to the sophisticated needs of UHNW families and their various entities (e.g., trusts, LLCs, partnerships).
Monitor and coordinate cash management across various accounts and entities.
Maintain and reconcile all financial accounts, ensuring accuracy and resolving discrepancies. Oversee the management and reconciliation of client data for ultra-high-net-worth families and related entities.
Serve as a primary point of contact for client communications related to billing and financial matters. Liaise effectively with Private Wealth Advisors and external stakeholders, including legal, financial, and other professional advisors.
Provide guidance and mentorship to junior staff, overseeing their work and ensuring accuracy of records.
Handle all sensitive financial information with the utmost discretion and confidentiality.
Maintain vendor relationships, manage vendor accounts, and coordinate billing and changes with external parties.
Work with PWM Product, Engineering, Compliance and Legal to continuously evolve the product offering.