Finance, Payroll Compensation Accounting, Associate, Jersey City

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. 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.

WHO WE ARE

Compensation Accounting 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 Jersey City and will support various aspects of the US payroll operations for approximately 15,000 employees on a multi-state payroll.

RESPONSIBILITIES

• Accountable for ensuring specific aspects of the US Payroll are processed timely and accurately through PeopleSoft and ADP’s applications.

• Processes include: various payroll data uploads, reconciling data among payroll and HCM systems.

• Process Liens and Garnishment

• Ensure accurate payroll preparation/processing, tax reporting/compliance and administration of the payroll.

• Perform regular reconciliations and validations on various payroll functions.

• Liaise with HCM and other groups on payroll related activities and projects.

• Ensure sound operational controls are maintained and followed in compliance with existing governance.

• Respond to ad-hoc queries.

Basic Qualifications • Bachelor’s Degree in Accounting or Finance

• 3-5 years payroll experience

Preferred Qualifications • Knowledge of U.S. withholding tax laws and regulations.

• Ability to multi-task and remain flexible to constantly changing priorities.

• Excellent analytical and problem solving skills.

• Extreme attention to details and the ability to follow through

• Demonstrate ability to develop positive working relationships

• Prior Experience with ADP or PeopleSoft systems a plus

• Advanced Microsoft Excel skills required

• Strong communication skills written and verbal

• Working knowledge of ADP GlobalView system a plus

Please note that we will only respond to those resumes for which we have an interest. Goldman Sachs is an Equal Employment Opportunity Employer and does not discriminate in employment on the basis of age, race, color, gender, national origin, disability, veteran status, or any other basis that is prohibited by applicable law.