Financial Controller for International Bank Branch

4 weeks ago


Johannesburg, Gauteng, South Africa Goldman Sachs Full time

About the Role

As a Legal Entity Controller at Goldman Sachs, you will play a critical role in safeguarding the firm's assets and providing overall financial control and reporting functions.

The Controllers group is responsible for monitoring the firm's liquidity, capital, and risk. We are looking for a bright, driven professional to join our team who is keen to use and develop their technical accounting skills to provide high-quality reporting and analysis of our entities' assets and profitability.

Your Responsibilities

  • Preparation, analysis, and presentation of monthly, quarterly, and annual financial reporting to senior management, directors, and other key stakeholders under IFRS/US GAAP.
  • Preparation and analysis of financial statements, including resolving complex technical accounting issues and disclosure requirements, and liaising with external auditors and regulatory agencies.
  • Becoming a subject matter expert for inflows and outflows impacting the Goldman Sachs International Bank South Africa Branch and developing an ability to understand the implications of business and market developments on the profitability of the branch.
  • Leading and facilitating periodic reporting to local authorities such as the South African Reserve Bank (SARB) and ensuring regular interaction with multiple teams across the firm and globally.
  • Facilitating the quarterly consolidated reporting of the Goldman Sachs Group and Goldman Sachs International Bank with regular interaction with Finance teams in New York and London.
  • Coordination with multiple teams across the firm and globally, including Product Control, Corporate Treasury, Legal, Compliance, Tax, and Transfer Pricing, in a collaborative and problem-solving capacity.
  • Proactively seeking opportunities to improve our workflows, technology, and integrity of reporting information.
  • Developing and evolving the reporting framework in place to ensure adequate capital and financial management oversight as well as reporting in line with SARB guidelines and other Regulatory requirements.
  • Attendance and participation in various working groups and forums to ensure adequate oversight from a legal entity control perspective.
  • Leveraging understanding of the business and stakeholder expectations to develop metrics and dashboards for distribution, while ensuring appropriate and timely escalation of issues.

Basic Qualifications & Experience

  • Recently qualified accountant (0-2 yrs).
  • CA (SA) or equivalent.
  • Able to demonstrate technical accounting knowledge in your current area of expertise.
  • Experience in preparation of audited financial statements under IFRS an advantage.
  • A track record of improving processes and adding value to clients/stakeholders.

PREFERRED CHARACTERISTICS

  • Strong analytical skill.
  • You demonstrate an aptitude for problem-solving with the ability to exercise sound and balanced judgment in a highly regulated environment.
  • Functional expertise - Enjoy keeping up-to-date with emerging business, economic, and market trends.
  • Strong technical accounting skills.
  • You demonstrate strong technical skills, pay attention to detail, take initiative to broaden your knowledge and resolve accounting issues.
  • Personal drive and motivation - Successfully handle multiple tasks, take initiative to improve your own performance, work intensely towards challenging goals.
  • A client and business focus - Effectively handle difficult requests, build trusting, long-term relationships with clients, help the client to identify/define needs and manages client/business expectations.
  • Strong teamwork ethic.
  • You are a strong team player with excellent interpersonal skills.
  • You collaborate well with others within and across teams, encourage other team members to participate and contribute and acknowledges others' contributions.
  • Excellent communication skills - Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others.
  • Judgement and problem-solving.
  • You will always be thinking ahead, able to anticipate questions, plan for contingencies, find alternative solutions and identify clear objectives.
  • Creativity/Innovation and a desire to add value - Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.
  • The ability to influence outcomes - Present sound, persuasive rationale for ideas or opinions. Able to take a position on issues and influences others' opinions and present persuasive recommendations.

Salary: R1,500,000 - R2,000,000 per annum

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.



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