Accounting Associate

Job Duties Associate, Financial Accounting with Goldman Sachs & Co. LLC in Dallas, Texas. Review quarterly / monthly valuations and accounting and reporting packages for private equity funds, including fund-level net asset values, financial statements and investor capital statements. Review year-end financial statements and perform related activities. Responsible for reconciliation, review and reporting of general ledger accounts, balance sheets, Profit & Loss (P&L), capital expenditures, etc. to external stakeholders. Provide critical analysis required to ensure that the internal and external financial information of the firm is accurate. Engage regularly with the firm’s external auditors and tax consultants to protect the firm from reputational and other risks. Prepare and/or review monthly and ad hoc reporting requests, including management fee analysis, cash flow analysis, financial reporting related requests, and regulatory reporting. Liaise extensively with other areas of firm, including product controllers, funding controllers, corporate treasury, legal, tax, regulatory, market risk and credit risk on various ad hoc inquiries including new products requests, strategic changes to existing workflows, and also with fund administrators for accurate recording and maintenance of the private equity funds’ books and records. Play a key role in safeguarding the assets of the firm through independent scrutiny of financial information and by supporting the asset management division, as well as ensuring that they are in compliance with the firm’s policies and with the rules/regulations that govern global financial markets. Assist in the preparation of standalone entity financial information and disclosures in accordance with U.S. GAAP. Perform and review ad hoc analyses on financial and non-financial attributes of private equity funds for internal and external reporting purposes. Ensure the integrity of accounting records for accuracy and compliance with accepted accounting policies and principles. Job Requirements Master’s degree (U.S. or foreign equivalent) in Accounting, Finance or a related field and one (1) year of experience in the job offered or in a related Financial Accounting role OR Bachelor’s degree (U.S. or foreign equivalent) in Accounting, Finance or a related field and three (3) years of experience in the job offered or in a related Financial Accounting role. Prior experience must include one (1) year with a Master’s degree OR three (3) years with a Bachelor’s degree with the following: identifying issues related to internal controls and supplying comprehensive recommendations to management to mitigate company’s risks; participating in internal and/or external financial audits, including demonstrated familiarity with audit trail, audit testing, control documentation processes, and audit inquiries; utilizing knowledge of U.S. General Accepted Accounting experience (GAAP) to produce or review financial information for inclusion in company’s consolidated financials; utilizing Excel, MS Word, and MS PowerPoint to create reports and perform analysis using pivot tables, VLOOKUP, charts, filtering, data validation, and other various tools; independently review general ledger and journal entries to analyze and reconcile accounts, including investigating fluctuations in both P&L and balance sheet account amounts and reporting periods; and identifying and understanding underlying drivers during analytical reviews. Health and Welfare Programs We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance. Vacation Policies We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities. Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount). Child Care & Family Care We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer. #J-18808-Ljbffr