Job Description

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Who We Are

The Corporate and Workplace Solutions Division (CWS) is comprised of Corporate and Workplace Solutions and the Office of Global Security. Our team focuses on commercial management, client support, advisory solutions, strategic planning, risk management, people security, real estate strategy and the enablement of collaboration and productivity tools across the firm.

Corporate and Workplace Solutions

We deliver a world-class work experience and environment, managing the firm's corporate real estate strategy, client engagement solutions, essential commercial and risk management functions and flexible digital workstyles that drive the firm's operating efficiency and productivity.

How We're Organized

Workplace Experience - Encompasses the comprehensive onsite workplace experience, how people interact with the workplace, on and off-site events and our overall location strategy. Departments include Events, Real Estate Strategy, Real Estate Development and On-Site Solutions, which is comprised of Document Management, Facilities, Ground Transportation and Hospitality.

Spend Management - Encompasses the functions responsible for managing all aspects of the firm's spend with third parties -- advising commercial agreements, managing third party and payment risk and driving operating efficiency. Departments include Product Finance, Strategic Sourcing, Third Party Governance, Procure to Pay, Integrated Travel and Expense and Infrastructure and Transformation.

CWS Engineering - Aligns several engineering functions focused on collaboration and productivity tools. Departments include Digital Workplace, Client and Production Engineering, Corporate Engineering , Spend, Data and Automation and Product Success and Delivery Engineering.

Office of Global Security (OGS) - Protects the people and assets of Goldman Sachs to ensure a safe and secure environment. Assesses risk to enable the delivery of effective security, fire and life safety protocols and leads crisis management preparation, implementation and recovery processes. Includes Physical Security & Investigations, Executive Protection, Fire Safety and Crisis Management.

Divisional Management (COO) - Aligns division-wide functions to drive strategic cohesiveness, consistency and efficiency. Departments include Business Unit Management, Communications and User Engagement, Risk and Environmental, Social & Governance.

OUR IMPACT

The Product Finance team under the Corporate Workplace Solutions Division provides financial support, management and control for all firm-wide non-compensation expenses. The primary functions include Accounting & Financial Control, Financial Analysis, Business Unit Support and commercial management.

Position Summary

The Product Finance team in Bengaluru works on Global Finance & Planning activities, which includes commercial analysis, planning, accounting and control for the global non-compensation spend lines. The role demands engaging with various stakeholders throughout the globe, running initiatives for the function at the global level, liason with controllers, working effectively across various diverse groups across the organization.

The successful candidate will develop core skills in financial management and assume enhanced responsibilities over a period. Strong performance will result in challenging assignments over a period of time and career development opportunities.

Principal Responsibilities

Monthly close, balance sheet analysis, financial reporting and analysis for Technology capital spend including budgeting, forecasting and managing depreciation schedule for various capital assets. Provide support for legal entity controllers in the areas of monthly close, accrual calculations and uploads, estimates, normalization and invoice management. Own the accounting control for expense/ balance sheet accounts pertaining to Technology capital spend and manage related activities

• Strengthen internal control and governance by reviewing existing policies / proposing new policy
• Lead Daily / weekly / monthly financial and operational reporting to various stakeholder to bring enhance transparency
• Influence and drive operational cost efficiencies
• Analyze financial and operational data from various Projects around the globe and present findings clearly to enable effective decision-making
• Work with controllers and accounting policy to evaluate accounting treatment of new technology investments per USGAAP
• Understand and own the applicable financial reporting and the associated controls through regular reviews of Balance Sheet and Profit &Loss accounts
• Conduct quarterly substantiation of asset and liability accounts; Report executed and off Balance Sheet commitment to controllers
• Work in close coordination with global finance team and leadership on annual budget and quarterly reforecast related assignments. Consolidate inputs and translate business assumptions to quantify financial impact
• Analyze and explain expense trends and key drivers for changes to internal finance teams
• Drive improvement and automation of current processes to enhance efficiency, accuracy and control.

Basic Qualifications

• Finance Professional experience 0-2 year - Chartered Accountant
• MS Office skills - Advanced MS Excel knowledge, basic proficiency on MS PowerPoint.
• Clear and effective communication skills both verbally and in writing. Experience of working in a global setup will be of advantage

Preferred Qualifications

• Strong networking skills to establish contacts and partnerships with other teams in Goldman Sachs
• Impeccable attention to detail
• Ability to organize own time and work independently, without close supervision
• Courage to challenge current practice and suggest new ways of working, value-added ideas/ approaches
• Ability to work in a team based environment and to interface with employees at all levels
• Flexibility to adapt and perform in a dynamic and evolving organization

Goldman Sachs is an equal opportunity employer. The Goldman Sachs Group, Inc., 2019. All rights reserved.