Bengaluru, Karnataka, India
49 days ago
Corporate Planning & Management-Bengaluru-Associate-Product Finance

This role sits within Product Finance team in CPM. The Product Finance team provides financial support, management and control for all firm-wide non-compensation expenses. The Primary functions include Accounting and Financial Control, Financial Analysis, Business Unit Support and commercial management.

The role requires collaboration with different functions and divisions across the firm on a regular basis, an ability to work independently and ability to interact with senior professionals across the firm, running initiatives for the function at the global level, liaison with controllers, working effectively across various diverse groups across the organization. It also entails in-depth analysis and reporting for senior management, requiring diligence and a commercial mindset. Should have excellent verbal and written communication skills. 

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 financials close, balance sheet analysis, financial reporting and analysis for non-Compensation expense including budgeting, forecasting and managing accounting schedules for office lease, Regulatory fees, Licenses & Registrations, Travel & Events etc.. Provide support in the areas of monthly close, accrual calculations and uploads, expense estimates and invoice management. Own the accounting control for expense/ balance sheet accounts pertaining to non-Compensation expense and manage other related activities.

Strengthen internal control and governance by reviewing existing policies / proposing new policyLead Daily / weekly / monthly financial and operational reporting to various stakeholder to bring enhance transparencyManage operating expenses, influence and drive cost efficienciesAnalyze financial and operational data from various Projects around the globe and present findings clearly to enable effective decision-makingWork with controllers and accounting policy to evaluate accounting treatment of new real estate office lease per USGAAPUnderstand and own the applicable financial reporting and the associated controls through regular reviews of Balance Sheet and Profit & Loss accountsConduct quarterly substantiation of asset and liability accounts; Report executed and off Balance Sheet commitment to controllersWork 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 impactAnalyze and explain expense trends and key drivers for changes to internal finance teamsDrive improvement and automation of current processes to enhance efficiency, accuracy and control.

Basic Qualifications

Finance Professional experience – Chartered Accountant/MBA4-6 years of relevant experience 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 SachsImpeccable attention to detailAbility to organize own time and work independently, without close supervisionCourage to challenge current practice and suggest new ways of working, value-added ideas/ approachesAbility to work in a team based environment and to interface with employees at all levelsFlexibility to adapt and perform in a dynamic and evolving organization

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