Controllers - Compensation Accounting - US Taxation - Analyst - Bengaluru

Bangalore, Karnataka
Permanent
Full-time

10 days ago

Job Category: Senior AnalystJob Description:CONTROLLERSControllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.OUR IMPACTWe're a team of specialists charged with managing the firm's liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.BUSINESS UNITThe Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analyses of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products, and sophisticated technology systems in depth. Direct Hedge Funds, Hedge Funds Strategies, Private Equity Group teams within Controllers support the alternative investments within Goldman Sachs Asset Management division with oversight over complex private funds.JOB SUMMARY AND RESPONSBILITIES

Responsible for the compensation reporting and accounting for both external as well as internal authorities
Coordination, processing and tax reporting of compensation information for employees.
Working closely with payroll vendor ,Tax agencies and state authorities to resolve the outstanding tax notices
Ensuring payroll taxes and other statutory payments are remitted on time
Ensuring timely and accurate processing and recording of vendor invoices.
Commitment to control, ensuring data/ information flow has gone through proper internal controls
Review, reconcile and substantiate monthly entries to general ledger accounts for various payroll and accrual entries.
Assist in formulating/automating payroll process to facilitate new operations for the firm. This may involve new pay entity set up and/or implementing tax effectiveness programs/new benefits program
Working closely with Compensation Accounting counterparts in the administration of compensation reporting for responsible regions
Documentation of processes
Participation in global projects
Ad-hoc requests

SKILL / EXPERIENCERequired skill sets include:

Degree in Business, Accounting or Finance.
2-3 years relevant work experience.
Excellent teamwork, interpersonal and communication skills.
Details and controls oriented
Flexible, can easily adapt to changes.
Strong PC skills, Peoplesoft, MS Word, MS Excel, Outlook
Knowledge income tax and local benefits is a plus
US Domestic Payroll experience is a plus

ABOUT GOLDMAN SACHSAt Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.htmlPlease note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.© The Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

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