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Controller, Compensation Payroll Accounting, Associate, London

Goldman Sachs

Goldman Sachs

Accounting & Finance
London, UK
Posted on Thursday, June 6, 2024

Job Description

Our Impact:

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.

Your Impact:
Controllers are a diverse team of specialists charged with ensuring the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. The Compensation Accounting team sit within the Controllers group and manage the monthly payroll bookings for all local EMEA entities into the firm’s general ledger, whilst reconciling all payroll clearance accounts. The team also has responsibility for completing detailed variance and control checks and analysis per the Firm’s Sarbanes Oxley and other control measures.

Responsibilities:

  • Analyse and process multiple UK & global payrolls in line with the local and regional tax, payroll and wage reporting rules within monthly vendor and processing timelines
  • Detailed calculation of wages and applicable deductions based on employee contract and internal GS compensation rules
  • Input/update of key payroll & compensation data into PeopleSoft 9.0/Zellis ResourceLink (UK) for processing.
  • Process detailed PAYE and compensation calculations per UK HMRC & EMEA PAYE rules
  • Ability to co-ordinate and oversee of up to 6 global payrolls
  • Handle enquiries on monthly pay, deductions, and tax from employees, external vendors and tax authorities
  • Identify, investigate, and resolve discrepancies in compensation and variance records
  • Handle confidential and highly sensitive personal information
  • Complete compensation controls for managerial review
  • Determine organisation's tax obligations by calculating national and council taxes as well as National Insurance and other social security contributions
  • Liaise with financial accounting team responsible for booking the compensation to the Firm’s ledger

SKILLS & EXPERIENCE WE’RE LOOKING FOR

  • Excellent UK/EMEA payroll skills (3 years minimum), preferably within Zellis ResourceLink or similar payroll package
  • Experience gained within a large complex organisation, managing financial data and spreadsheets
  • System literate with experience manipulating MS office applications and Web/Java based systems (such as PeopleSoft 9.0)
  • This is an extremely busy role with requires the ability to handle a heavy workload and manage multiple deadlines
  • The successful candidate will need to take the initiative and be capable of working with minimal supervision

ADDITIONAL SKILLS REQUIRED

  • Exceptional attention to detail
  • Highly organised and must be able to multi-task
  • Strong work ethic and team player
  • Sound decision-making skills
  • Highly logical mind-set, able to problem solve

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: https://www.goldmansachs.com/careers/footer/disability-statement.html

© 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