Controller, Compensation Payroll Accounting, Associate, London
Goldman Sachs
Application
Details
Posted: 14-Aug-24
Location: London, United Kingdom
Type: Full-time
Salary: Open
Internal Number: 20915986
Our Impact: The Goldman Sachs Group, Inc. is 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 high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.
Your Impact: Controllers are a diverse team of specialists charged with ensuring the firm meets the financial control and reporting obligations of a global, regulated and public financial institution. The Compensation Accounting team sit within the Controllers group and manage the monthly payroll bookings for all local EMEA entities into the firm's general ledger, whilst reconciling all payroll clearance accounts. The team also has responsibility for completing detailed variance and control checks and analysis per the Firm's Sarbanes Oxley and other control measures.
Responsibilities:
Analyse and process multiple UK & global payrolls in line with the local and regional tax, payroll and wage reporting rules within monthly vendor and processing timelines
Detailed calculation of wages and applicable deductions based on employee contract and internal GS compensation rules
Input/update of key payroll & compensation data into PeopleSoft 9.0/Zellis ResourceLink (UK) for processing.
Process detailed PAYE and compensation calculations per UK HMRC & EMEA PAYE rules
Ability to co-ordinate and oversee of up to 6 global payrolls
Handle enquiries on monthly pay, deductions, and tax from employees, external vendors and tax authorities
Identify, investigate, and resolve discrepancies in compensation and variance records
Handle confidential and highly sensitive personal information
Complete compensation controls for managerial review
Determine organisation's tax obligations by calculating national and council taxes as well as National Insurance and other social security contributions
Liaise with financial accounting team responsible for booking the compensation to the Firm's ledger
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Excellent UK/EMEA payroll skills (3 years minimum), preferably within Zellis ResourceLink or similar payroll package
Experience gained within a large complex organisation, managing financial data and spreadsheets
System literate with experience manipulating MS office applications and Web/Java based systems (such as PeopleSoft 9.0)
This is an extremely busy role with requires the ability to handle a heavy workload and manage multiple deadlines
The successful candidate will need to take the initiative and be capable of working with minimal supervision
