Finance - Compensation Accounting ( US Payroll ) - Associate - Bengaluru

  • Competitive
  • Bangalore, Karnataka, India
  • Permanent, Full time
  • Goldman Sachs International
  • 20 Mar 19

Finance - Compensation Accounting ( US Payroll ) - Associate - Bengaluru

MORE ABOUT THIS JOB
ABOUT GOLDMAN SACHS

The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

BUSINESS UNIT OVERVIEW

Compensation Accounting (CA) is responsible for accounting, reporting and payment of salary, bonus, and other types of remuneration paid to employees of the firm. We are responsible for the analysis and reporting of wage information and tax payments to domestic and international tax authorities. In addition, we are also responsible for the accounting, taxation and reporting of employee share-based compensation. We work closely with areas of the firm such as Human Capital Management ("HCM"), Tax, Treasury, Legal and Corporate Financial Reporting.
Compensation Accounting has five regional teams strategically located in Jersey City, London, Hong Kong, Bangalore and Sao Paulo. This role is located in Bengaluru and will support various aspects of the US International payroll operations.

RESPONSIBILITIES AND QUALIFICATIONS
Job Description:

  • Administrate the executive and expatriate payrolls in Americas, EMEA and Asia
  • Partner with Global Human Capital Management and external vendors on compensation, benefits, and foreign tax withholdings
  • Liaise with Tax and Legal for jurisdictional tax requirements, regulatory changes, and compliance in multiple countries
  • Responsible for the wage and tax reporting in international entities involving multiple currencies and fx conversions
  • Perform variance analyses related to compensation paid month over month
  • Collaborate with the accounting team and legal entity controllers regarding reconciliations for balance sheet substantiations
  • Coordinate funding with Treasury and Liquidity Management for monthly payrolls and tax payments
  • Reconcile global mobility benefits for expatriate employees including relocation allowances and tax equalization
  • Ensure compliance with Sarbanes Oxley controls and quality assurance to maintain financial controls related to compensation
  • Participate in a wide range of compensation projects and ad hoc requests
Experience:
  • Bachelor's degree in Accounting or Finance
  • This profile required US Payroll experience
  • 8 years related experience
Preferred Qualifications:
  • Ability to manage multiple tasks and remain flexible to constantly changing priorities
  • Detail oriented and ensure high level of accuracy
  • Strong communication skills
  • Team player and strong interpersonal skills
  • Customer service oriented
  • Maintain confidentiality for all payroll related items
    Proficient in EXCEL


ABOUT GOLDMAN SACHS
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.