Senior Analyst Product Finance null

About Goldman Sachs

The firm provides international advisory services to corporations, financial institutions, and governments. The firm's primary business areas include investment banking, trading, principal investments, asset management, wealth management, and private equity.

Your role

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 include 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, liaison with controllers, and 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 some time and career development opportunities.

Principal Responsibilities:

• Monthly close, balance sheet analysis, financial reporting, and analysis for Technology capital spending including budgeting, forecasting, and managing depreciation schedules 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 about Technology capital spending and management-related activities.
• Strengthen internal control and governance by reviewing existing policies / proposing new policies.
• Lead Daily / weekly/monthly financial and operational reporting to various stakeholders 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 the Balance Sheet and Profit &Loss accounts.
• Conduct quarterly substantiation of asset and liability accounts; Report executed and Balance Sheet commitment to controllers.
• Work in close coordination with the global finance team and leadership on the annual budget and quarterly forecast-related assignments.
• Consolidate inputs and translate business assumptions to quantify the 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.

For the detailed job description, click on the "Apply on employer site" button.

Training, development & rotation

Goldman Sachs is committed to empowering employees to do their best work - and to do your best work, you need to constantly learn, grow, and become a better version of yourself. It provides various opportunities for its employees to improve and grow while working for the company’s mission. It is committed to offering opportunities to acquire new skills and strengthen its readiness to advance into new roles. They give opportunities to use your expertise through your on-the-job experiences.

Salary & benefits 

The annual salary for this role can range from INR 3.5 Lakhs to INR 6 Lakhs. (Source: AmbitionBox)

Benefits offered to its employees include;

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life insurance/AD&D
• Disability insurance
• Pension Plan

Work-life balance

As it's a leading brand with a lot of talented peers and world-class practices to learn from, they have a very competitive work environment and there may be long hours of work at times. They have vacation & paid time off policies, you can plan your vacation & days off accordingly. Work days are usually from Monday to Friday with flexible work timings.

Culture & vibe

The Goldman Sachs culture is one of hard work, perseverance, and teamwork. The company provides an environment where people can reach their full potential. Goldman Sachs employees are encouraged to take an active role in their professional growth and personal development.

About you

Basic Qualifications:

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

Preferred Qualifications:

• Strong networking skills to establish contacts and partnerships with other teams at 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

How to apply

To apply for this role, just click on the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.