Business Finance - FP&A - Engineering CFO - Associate - Bengaluru

Goldman Sachs
Competitive salary
14 Sep 2020
17 Sep 2020
Job role
Experience level
Qualified accountant

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, Bangalore, Hong Kong and other major financial centers around the world.

Divisional Overview

Division CFO team under FP&A is responsible for effectively managing the firm's divisional spend and its allocations for both compensation and non-compensation spend. The team is also responsible for preparing forward-looking business planning and strategic initiatives. Our team collaborates with eachof the firm's businesses, among other groups at the firm, to drive initiatives, conduct critical analysis of projects and forecast financial results. We use our expertise to execute strategic initiatives to provide internal clients, such as firm and divisional leadership, access to financial information more efficiently and effectively. Professionals in the Finance division have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds.


Role Overview

This role sits within FP&A (Divisional CFO). The sub-business unit Engineering CFO office manages Engineering divisions' total spend include compensation and non-compensation spend. The team manages the divisions' spend, governance, reporting and analytics, budgeting and re-forecasting in alignment to firm's strategic plans. The role requires collaboration with different functions and divisions across the firm on a regular basis, an ability to work independently and ability to interact with senior professionals in other planning areas. It also entails in-depth analysis and reporting for senior management decision making, therefore, eye to detail is a prerequisite for this role. The candidate is required to work with counter parts across regions on projects and reporting. Should have excellent verbal and written communication skills.

Job Responsibilities will include, but not limited to:

Managing engineering divisions spend line item including full ownership and accountability of the of the spend which would include month end reviews, quarterly and yearly analysis
Collaborate with divisions and groups across the firm on a regular basis to analyze and strategies the engineering spend
Prepare budget and take full ownership of the budgeting and re-forecasting cycles and independently work on driving the material and presentation materials for senior leadership
Forecasting exercises including collaboration with different teams within the engineering division and other divisions
Leading the team's efforts to identify areas where we can better leverage technology and
automate processes
Preparation and analysis of reports related to allocation of various expenses to different businesses and identifying areas to better leverage tools to ensure correctness of cost allocation
Leading the team's efforts to do in-depth variance analysis of any deviation from previous budget/ actuals of various expense lines
Support the team to collaborate with businesses, estimate the expenses and its allocation to producing divisions monthly
Identifying potential areas to create operational efficiencies and automating manual processes.
Ensuring correctness of General Ledger by monitoring month end closure activities/entries.
Managing departments globally and collaborate various teams to identify areas for simplifying the organization structure of the division
Preferably a Chartered Accountant or MBA or similar degree with excellent academic record
Excellent communication and interpersonal (written and verbal) skills
Attention to Detail
Ability to lead assignments to completion
Ability to multi-task & deliver under pressure
Solid work ethic and high levels of motivation



At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at .

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://

© The Goldman Sachs Group, Inc., 2020. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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