CONTROLLERS   Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets. 
  OUR IMPACT   We're a team of specialists charged with managing the firm’s liquidity, capital, and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.

SUMMARY

The candidate will be part of the IMD Product Controllers Insurance Accounting Team. The candidate will primarily interact with Controllers team/management, Client Services, Fixed Income, Operations and the Global Insurance Business Unit, among others. The entities involved will include separately managed accounts across multiple asset classes in support of global GSAM insurance asset management mandates.
 

PRINCIPAL RESPONSIBILITIES 

Responsible for coordination of detailed implementation planning and support of Clearwater Analytics investment accounting system book of record accounting clients with vendor (Clearwater) and GSAM stakeholder departments.Acquires and documents an understanding of client related accounting policies, oversees application and compliance of such policies in operational practice across GSAM business units and ensures an adequate control environment within the accounting services offering.Oversees and directs day-to-day operational activities with accounting vendor and GSAM federation staff members.Documents, and ensures adherence to, policies and procedures surrounding the insurance accounting platform and insurance mandate separate accounts within the GSAM separate account universe.Analyzes, reviews and reconciles book of record investment accounting results and ensures timely submission of client deliverables as contractually required.Supports Client Services Division in responding to client accounting related inquiries.Works closely with GSAM Operations and Technology teams to establish and troubleshoot standard workflow protocols in support of the accounting platform business model.Drives initiatives to develop and enhance the GSAM accounting and reporting outsourcing platform to meet ongoing insurance client requirements.Assist Global Insurance unit distribution team in understanding and developing marketing materials related to insurance investment accounting services offering.
 

 

EXPERIENCE/PREFERRED SKILLS 

Bachelors degree in accounting requiredRequires a minimum of two years in insurance investment/securities accounting experience in addition to Statutory investment systems implementation/conversion/support exposure.Knowledge of general investment accounting requirements and associated regulatory filings in addition to insurance specific regulatory accounting and operationsBroad knowledge of multi-basis investment related accounting requirements including STAT, GAAP, IFRS, etc. is highly desirable.Strong knowledge of insurance industry investment accounting/processing systems, workflows and associated deliverables including experience with Clearwater Analytics and/or SS&C platforms.Comprehensive analytical skill setStrong time management skills and the ability to adhere to strict deadlinesAdvanced knowledge of spreadsheet applicationsSound written and oral communication skills
  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
 
  Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.
  Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.
 
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