Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Private Clie[...]

Overview Goldman Sachs Family Office (GSFO) is seeking a Vice President to lead an innovative private client accounting and payment services offering for our most strategic Ultra‑High‑Net‑Worth (UHNW) clients. The role involves defining practice strategy, building a high‑performing team, driving operational excellence, and ensuring precise, timely, and confidential financial management solutions that integrate with clients’ wealth management objectives. Responsibilities Lead a team responsible for comprehensive accounting and payment services, leveraging agentic AI technology to deliver the offering at greater scale and quality. This includes end‑to‑end bill payment for UHNW clients and their entities, processing invoices, ensuring timely payments, and managing vendor relationships. Lead the implementation of the practice, establishing robust processes, selecting and leveraging cutting‑edge technology, and creating scalable systems to support rapid growth and ensure consistent service quality. Recruit, develop, and lead a high‑performing team of bill‑pay and accounting specialists. Foster a culture of excellence, collaboration, continuous learning, and client‑centricity. Provide strategic oversight for all aspects of UHNW client financial operations, including end‑to‑end bill payment, multi‑entity accounting, general ledger maintenance, and meticulous reconciliation of bank, brokerage, and credit card accounts. Drive the production of detailed financial reports, statements, cash‑flow analyses, budgeting, and forecasting tailored to the sophisticated needs of UHNW families and their various entities (e.g., trusts, LLCs, partnerships). Monitor and coordinate cash management across various accounts and entities. Maintain and reconcile all financial accounts, ensuring accuracy and resolving discrepancies. Oversee the management and reconciliation of client data for ultra‑high‑net‑worth families and related entities. Deep understanding of QuickBooks, Sage Intacct or similar platforms to support historical integrations. Serve as a primary point of contact for client communications related to billing and financial matters. Liaise effectively with Private Wealth Advisors and external stakeholders, including legal, financial, and other professional advisors. Provide guidance and mentorship to junior staff, overseeing their work and ensuring accuracy of records. Handle all sensitive financial information with the utmost discretion and confidentiality. Maintain vendor relationships, manage vendor accounts, and coordinate billing and changes with external parties. Work with PWM Product, Engineering, Compliance and Legal to continuously evolve the product offering. Qualifications Bachelor's Degree required, preferably in Accounting, Finance, or a related field. ACCA/CPA certification is highly desirable. Minimum of 10–15 years of progressive experience in accounting, financial management, or family office operations, with at least 5–7 years focused on UHNW individuals or families, including experience in a private family office or multi‑family office environment. Exposure to investment reporting, alternative assets, or trust/estate accounting. Proven experience in designing, building, leading, and scaling an accounting or financial services practice or team, specifically for UHNW clients. Deep expertise in accounting principles, financial reporting, and complex multi‑entity accounting (e.g., trusts, LLCs, LPs, partnership interests). Advanced proficiency with accounting software (e.g., QuickBooks, Intacct, NetSuite) and/or experience with bill‑pay platforms. Exceptional Excel skills. Experience with state and federal tax matters is a plus. Experience interfacing with trustees, attorneys, accountants, and other advisors and professional bodies in respect to private client’s wealth planning. Excellent interpersonal skills and a desire to work in a team‑oriented environment. Resourceful, self‑starter, attentive to detail, and capable of multi‑tasking in a fast‑paced environment. Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within the first 3 months of employment). Salary Expected base salary for this Albany, New York, United States‑based position is $80,000–$250,000. Employees may be eligible for a discretionary bonus. Benefits Goldman Sachs offers competitive health and wellness benefits, retirement plans, and other employee‑centered programs designed to support a strong overall employee experience. Goldman Sachs is an equal employment/affirmative action employer, committed to diversity and inclusion of female, minority, disability, veteran, sexual orientation, and gender identity applicants. #J-18808-Ljbffr The Goldman Sachs Group