Human Capital Management-Associate-Product Finance - Bengaluru / Bangalore - Goldman Sachs

    Goldman Sachs
    Goldman Sachs Bengaluru / Bangalore

    3 days ago

    Full time
    Description

    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

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