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Human Capital Management-Bengaluru- S...

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Human Capital Management-Bengaluru- Sr.Analyst-Reward Finance and Accounting

Goldman Sachs Bengaluru, Karnataka (Onsite) Full-Time

Our division recruits, develops and rewards the people of Goldman Sachs.  Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results.  We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firm’s most valuable asset, our people.

ABOUT GOLDMAN SACHS

At 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:

UNIT AND ROLE OVERVIEW

Human Capital Management (HCM) is at the forefront of supporting business growth and change at Goldman Sachs, and our people are at the centre of driving that change. We are looking for professionals with strong analytical and communication skills, enthusiasm, and intellectual curiosity. Our team is comprised of individuals who understand data, people, process, technology and operations. Our work is fast-paced and requires individuals to be proactive and have strong business acumen. HCM works across the organization and has stakeholders at all levels of the firm across all business areas. 

FUNCTION OVERVIEW:

The Reward Finance and Accounting team facilitates proper accounting, finance, and invoicing needs of the Reward Function within Human Capital Management (HCM) Division.  Reward comprises of Compensation, Benefits and Mobility. Reward F&A team supports Benefits and Mobility which oversee the following:

  • Benefits: healthcare, life/ disability insurance, along with retirement expense (e.g., US 401K, India Provident Fund), and wellness programs
  • Mobility: services required to relocate employees for international and domestic assignments throughout the world (e.g., Shipment, storage and immigration)

Reward Finance and Accounting team’s key stakeholders include: internal business managers, firmwide controllers and divisional CFO teams

ROLE OVERVIEW & RESPONSIBILITY

Finance, Accounting & Budgeting (~90% of time): 

  • Participate in month-end accounting close including: accruals, amortizations, reclasses, general ledger validation and month-end charge backs
  • Analyze monthly-end P&L variances to ensure validity of account and highlight trends
  • Assist in quarterly balance sheet substantiation and country exposure reporting (SOX requirement)
  • Participate in quarterly budgeting/reforecast process
  • Assist with employee relocation compensation reporting
  • Ad-hoc project work as needed

Invoicing (~10% of time):

  • Facilitate invoice payments by coordinating with internal invoicing team, Accounts Payable, business leads and external vendors
  • Validate invoices against firm policies and vendor contract terms 
  • Track invoice payments to ensure appropriate invoice accruals

BASIC QUALIFICATIONS

  • Bachelors or Masters of Commerce or CA Inter (IPC)
  • 5+ years of work experience in relevant finance and accounting (i.e. expense side)

PREFERRED QUALIFICATIONS:

  • Advanced Microsoft Office skills, especially Excel (e.g. SUMIF, IF, AND, OR functions, pivot tables, workbook management)
  • Strong understanding of finance and metrics management and reporting
  • Highly developed analytical and process management skills
  • Proven ability to succeed in and collaborate with fast paced and cross functional global teams (e.g. accounts payable, payroll, business leads, controllers)
  • Strong communication skills

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Recommended Skills

  • Accounts Payable
  • Analytical
  • Communication
  • Finance
  • Financial Management
  • General Ledger

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