Controllers, Reconciliations, Vice President, Salt Lake City

Goldman Sachs - Salt Lake City, UT

Full-time - Senior

Salt Lake City, UT

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

As a Vice President in the Controllers division at Goldman Sachs, you will play a pivotal role in ensuring the accuracy and integrity of the firm's financial records. The Controllers team is responsible for meeting all financial control and reporting obligations of a global, regulated, and public financial institution. This position requires a deep understanding of the profitability and risks associated with various business aspects, ensuring compliance with regulations governing financial market transactions. In this role, you will be part of the Reconciliations team, which is dedicated to discovering and resolving exceptions in the firm's official books and records. You will collaborate with various business units to ensure the accuracy, completeness, and governance of the firm's financial documentation. Your responsibilities will include developing expertise in identifying and resolving discrepancies, implementing enhancements to prevent future exceptions, and exercising your communication skills to coordinate with impacted groups. The Reconciliations team performs daily reconciliations, comparing internal records with external clearing agents, and ensuring that inter-company transactions are accurately reflected. You will also be involved in monitoring reconciliations between internal ledgers to maintain the integrity of the financial statements. This position offers an opportunity to drive initiatives that uplift the infrastructure and procedures supporting reconciliations globally, while also working closely with senior technologists and project managers on key projects that reshape exception identification and resolution processes.

Responsibilities

• Drive initiatives to uplift infrastructure and procedures supporting Reconciliations globally, implementing the firm's strategy for managing Reconciliations.
• Gain a comprehensive understanding of the settlement and trade flows for all the firm's businesses and how they interact with the books and records that are held both internally and externally.
• Work with business partners to analyze and implement solutions and workflows for new business opportunities, executing project plans to achieve objectives; identifying key milestones and critical path items.
• Collaborate with a global team to leverage knowledge and best practices.
• Structure ambiguous problems and take action to solve them without complete information.
• Develop strong and effective relationships with critical vendors which maintain books and records.
• Highlight ideas for improving processes and implement them globally to impact and uplift the entire process.
• Work with senior technologists and project managers on key projects that are reshaping the exception identification, communication, and resolution models.
• Prepare materials for working groups and committees, project dashboards, operating model diagrams, requirement specifications, test plans, etc.
• Conduct detailed problem tracking, resolution, and completion of all actions and issues by their deadlines.
• Communicate updates, statuses, and timelines to stakeholders, and escalate items at risk.

Requirements

• Bachelor's degree and 8+ years relevant work experience in Operations, Finance or related field leading teams, functions and managing projects.
• Strong verbal and written communication skills with an ability to clearly articulate objectives or ideas to drive outcomes and influence decisions.
• Experience managing functional teams and providing coaching and mentorship.
• Flexible and able to remain composed under pressure in a fast-paced, team environment.
• Highly self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.
• Exceptional analytical skills, problem-solving ability, and a control mentality paired with meticulous attention to detail.
• Demonstrates ability to establish strong working relationships with cross-functional stakeholders.
• Ability to drive process improvements, generate innovative ideas and translate strategy to execution.
• Ability to prioritize workload to drive results and manage multiple concurrent tasks with dynamic and aggressive deadlines.
• Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience.
• Strong analytical abilities, including the use of data and visualization of data to aid strategy discussion with proficiency in Excel, PowerPoint, and other tools.

Benefits

• Diversity and inclusion initiatives
• Training and development opportunities
• Wellness programs
• Mindfulness programs
• Reasonable accommodations for candidates with special needs or disabilities during the recruiting process