What are the responsibilities and job description for the Asset & Wealth Management, Private Family Office Bill Pay Analyst - Albany, NY position at The Goldman Sachs Group?
At Goldman Sachs, we connect people, capital, and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
WEALTH MANAGEMENT
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.
The Goldman Sachs Private Family Office provides proactive financial counseling and full-service implementation to address the financial complexities of CEOs, founders, private equity principals and ultra-high net worth individuals and their families. Our clients value having a single point of contact to address their specific planning needs and manage their financial affairs. Our holistic approach incorporates financial planning in several areas such as: consolidated investment review, income tax preparation and planning, estate planning and wealth transfer, employee benefits, risk management, philanthropic planning and cash management.
The Bill Pay team within the Private Family Office provides accounting services for Family Office clients, including managing accounts payable, accounts receivable, general ledger maintenance as well as account reconciliation and reporting. Additional responsibilities such as ad-hoc reporting and special projects are assumed with increase in client complexity. Daily interaction with high net worth clients and financial advisors is required.
Our Impact:
Goldman Sachs Ayco Financial Counseling (Ayco) partners with Fortune 1000 companies to design and implement tailored financial planning programs for their workforce-leveraging the 50-year heritage of Ayco and the comprehensive resources of Goldman Sachs to meet the evolving needs of their employees. Ayco believes companies best serve their stakeholders and the greater economy when their employees' financial lives are clear, understood and in their control. Ayco advisors and technical specialists help clients achieve their personal financial goals through education and guided implementation across seven key financial disciplines.
How You Will Fulfill Your Potential:
Are you a quick-thinking self-starter with a passion for accounting and finance, have the desire to work closely with high net worth individuals and the ability to think outside the box? Our accounting professionals provide proactive record keeping and bill payment services to high net worth individuals. We are seeking professionals with an understanding of bookkeeping, who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business.
Principal Responsibilities:
- Process client employee payroll, including entry of payroll data and reporting
- Provide support for administrative tasks, open mail, scanning -as needed
- Complete payroll audits, including Workers Compensation, Disability and PFL
- Serve as key liason, helping facilitate communication between client, counseling teams and payroll agency
- Data entry tasks associated with client record keeping and reporting processes
- Completion of special projects at direction of Management
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Basic Qualifications:
- Associate's degree required
- Experience in payroll systems and processing preferred
- Knowledge of General Ledger accounting, AP, AR and Payroll
- Small business experience with 1099 and sales/use tax experience preferred
- Strong verbal and written communication skills
- Strong organizational skills with excellent attention to detail
- Ability to work in a fast-paced environment and handle multiple priorities and deadlines
Salary Range
The expected base salary for this Albany, New York, United States-based position is $55000-$75000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Salary : $55,000 - $75,000
