Controllers- - CAPA - Associate - Bengaluru
Goldman Sachs
This job is no longer accepting applications
See open jobs at Goldman Sachs.See open jobs similar to "Controllers- - CAPA - Associate - Bengaluru" ASU+GSV Summit.Job Description
OUR IMPACT
The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run. Controllers also ensure that all business practices are in compliance with financial and regulatory requirements worldwide. Since contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth.
The Capital Assets Planning and Analysis (CAPA) team acts as the subject matter expert in all areas involving accounting and reporting for Leases, Fixed Assets, Long-Term Construction Projects and Internally Developed Software, amongst other things. The team is involved in accounting policy decisions affecting complex capital projects and real estate deals in the Special Situation Investment Group. The team plays an instrumental role in providing inputs for the SEC and Fed reporting
JOB RESPONSIBILITIES
Responsible for accounting and managing the capital projects and fixed assets for entities across the globe in accordance with all relevant GAAPs & ensure that financial reporting of fixed assets meets applicable accounting principles and regulations
Create and monitor a system of controls, procedures, and forms for accounting of fixed assets.
Recommend to management any updates to accounting policies related to fixed assets.
Analyze significant capital asset/ real estate contracts based on applicable literature under US GAAP and have discussions with accounting policy on the appropriate accounting treatment.
Analyze and reconcile the balance in the fixed asset subsidiary ledger to general ledger and ensure appropriate resolution of breaks
Provide variance analysis and prepare management reporting packs on monthly/quarterly basis
Track expenditures in comparison to the capital budget and management authorizations for significant projects.
This position description is intended to describe the duties most frequently performed by an individual in this position. It is not intended to be a complete list of assigned duties but to describe a position level. The
role shall be performed within a professional office environment. Goldman Sachs has health and safety polices that are available for all workers upon request. There are no specific health risks associate with the
role.
Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
Support details required by the tax teams for preparation of tax returns.
Perform SoX control procedures, Balance Sheet substantiation, etc.
SKILL / EXPERIENCE
Qualified CA
Basic industry knowledge and strong accounting knowledge.
Strong analytical skills and detail oriented
MS Office knowledge (Word, Excel) required
Willingness to learn and apply new concepts
COMPETENCIES
Candidate must be proactive, enthusiastic and team oriented
Ability to prioritize and make decisions in a fast-paced environment
Accuracy and attention to detail
This job is no longer accepting applications
See open jobs at Goldman Sachs.See open jobs similar to "Controllers- - CAPA - Associate - Bengaluru" ASU+GSV Summit.