Goldman Sachs & Co. Operations, Accounting Services, Associate - Singapore in Singapore, Singapore

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

YOUR IMPACT

Are you passionate about operations, risk management, process improvements and working with global teams within a fast paced investment bank? We are looking for a professional who wants to maximize their skillsets and expertise in accounts payables, vendor and expense management to help deliver on operations agenda. A successful candidate in Goldman Sachs’ Operations is someone who is curious, energetic, proactive and strives to constantly bring in positive impacts to the team and the broader organization.

OUR IMPACT

Accounting Services Division (ASD) is part of the Operations division of Goldman Sachs based at 3 offices across the globe (Singapore, Bengaluru and Dallas). The core functions of ASD are:

1) Accounts Payable - the processing and control of the payments to vendors/service providers the firm engages to run the businesses

2) Expense management - the settlement of employees’ travel and entertainment expenses

We interact with the stakeholders from all the divisions in the firm and work effectively with our partner companies who support the operational processes/employee’s expense programs. Current key focus in ASD is transforming the traditional manual processing to automated, scalable and self-service workflow in order tomanage riskseffectively and bring in commercial values to the firm.

In Singapore ASD, we interact with local vendors/banks in markets such as Japan, China, Korea etc where the local language capability is required to perform the functions.

RESPONSIBILITIES AND QUALIFICATIONS

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Supervise the day-to-day processes of Accounts Payable and Travel and Entertainment expenses for Asia entities together with the manager and team leaders.

  • Be the first point of escalation on exceptions and issues the team encounters. Effectively resolve them with front to back understanding of system/process workflow and implication of the issues.

  • Plan and manage the team’s coverage for day-to-day operation as well as project executions to achieve the department’s goal and deliverables.

  • Oversee the processes managed by vendors and effectively engage them for quality assurance.

  • Partner with Travel and Entertainment expenses program provider and up keep the relationship with them

  • Acquire in depth understanding of the regulations, tax handling and accounting controls in multiple jurisdictions in Asia associated with vendor/expense payments. Ensure the comprehensive procedures are in place in compliance with the Firm’s Bank Holding Company requirements.

  • Understand and ensure the team adheres the firm’s policies on vendor governance, payment risk management and document controls.

  • Risk Management - Continuously re-evaluate process controls and balance the risk versus benefits to protect the firm. Recommend and implement corrective & preventive actions for identified errors and issues

  • Keeps pace with technical innovation and market driven initiatives across the team

  • Conduct data analysis to identify the trend/root cases in order to effectively engage the stakeholders to address problems and opportunities for improvements

  • Lead and manage local and multi-region projects along with the ability to adapt to the changing priorities

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

  • Bachelor’s degree with minimum of 6 years' relevant experience (Accounts Payables, invoice/payment processing)

  • Native level fluency in Japanese to handle complex business documents and written and spoken communication

  • Experience in leading a team to oversee day-to-day operations and coaching/mentoring others

  • Effective team-player with ability to impact and influence across organization and levels

  • Good organization and multi-tasking skills, ability to work under pressure in a fast paced environment while maintaining the attention to details

  • Proven record of managing conflicts/complex issues with strong leadership, problem solving skills and effective communication

  • Committed, driven and self-motivated individual who constantly aim to improve the processes and enhance controls.

Preferred Qualifications

  • Knowledge of accounting / finance and related controls, with an enthusiasm to expand into other areas

  • Experience with running large complex real estate procurement projects within the financial industry or other blue chip organizations including creating the procurement strategy, running tenders using Ariba or other sourcing infrastructure, negotiating complex contracts with vendors and working in a fast paced multi-cultural project team of both vendors and internal GS Stakeholders.

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.

Job ID2019-50830

Schedule TypeFull Time

LevelAssociate

Function(s)Operations

RegionAsia Except Japan

DivisionOperations

Business UnitAccounting Services

Employment TypeEmployee