Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Accounting and Bill Pay, Associate - Albany

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    "ShortDescriptionStr": "Goldman Sachs Family Office (GSFO) is in search of an Associate to assist with an innovative private client accounting and payment services offering for our most strategic Ultra-High-Net-Worth (UHNW) clients. We are looking for a client-friendly individual with background in accounting and tax advisory, who has a passion for building a new business. ",
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    "ExternalDescriptionStr": "<p><b>YOUR IMPACT</b></p>\n<p style=\"margin-left:0in\">Goldman Sachs Family Office (GSFO) is in search of an Associate to assist with an innovative private client accounting and payment services offering for our most strategic Ultra-High-Net-Worth (UHNW) clients. We are looking for a client-friendly individual with background in accounting and tax advisory, who has a passion for building a new business.&nbsp;</p>\n<p style=\"margin-left:0in\">We are seeking an experienced accountant to help build out a comprehensive new private client accounting and payment services offering tailored for UHNW&nbsp;families. This role will be involved in establishing and scaling a best-in-class service model that addresses the intricate financial affairs of complex family structures, often involving multiple entities, properties, and specialized assets.&nbsp;</p>\n<p style=\"margin-left:0in\">This role requires an entrepreneurial spirit combined with deep technical accounting expertise.</p>\n<p style=\"margin-left:0in\"><b>OUR IMPACT</b></p>\n<p><b>Wealth Management</b></p>\n<p>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.</p>\n<p><b>Private Wealth Management (PWM)</b></p>\n<p>Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.</p>\n<p style=\"margin-left:0in\"><b>Goldman Sachs Family Office (GSFO)&nbsp;</b>works in coordination with Private Wealth Advisors to develop strong ties with clients to deliver a full suite of wealth planning and family office services.</p>\n<p style=\"margin-left:0in\"><b>HOW YOU WILL FULFILL YOUR POTENTIAL</b></p>\n<ul>\n <li>Be part of a team responsible for comprehensive accounting and payment services, leveraging agentic AI technology to deliver this offering at greater scale and quality. This includes end-to-end bill payment process for UHNW clients and their entities, processing invoices, ensuring timely payments, and managing vendor relationships.</li>\n <li>Drive detailed financial reports, statements, cash flow analyses, budgeting, and forecasting tailored to the sophisticated needs of UHNW families and their various entities (e.g., trusts, LLCs, partnerships).</li>\n <li>Monitor and coordinate cash management across various accounts and entities.</li>\n <li>Maintain and reconcile all financial accounts, ensuring accuracy and resolving discrepancies. Oversee the management and reconciliation of client data for ultra-high-net-worth families and related entities.</li>\n <li>Serve as a key liaison to facilitate communication between clients, advisor teams, and the Bill Pay team</li>\n <li>Complete data entry tasks associated with client record keeping and reporting requirements</li>\n <li>Liaise with advisor teams to coordinate 1099 preparation and mailings</li>\n <li>Deep understanding of QuickBooks, Sage Intacct or similar platforms to support historical integrations.</li>\n <li>Serve as a primary point of contact for client communications related to billing and financial matters.&nbsp;</li>\n <li>Maintain vendor relationships, manage vendor accounts, and coordinate billing and changes with external parties</li>\n <li>Work with PWM Product, Engineering, Compliance and Legal to continuously evolve the product offering</li>\n</ul>\n<p style=\"margin-left:0in\"><b>QUALIFICATIONS</b></p>\n<ul>\n <li>Bachelor's Degree Required, preferably in Accounting, Finance, or a related field.&nbsp;</li>\n <li>An ACCA/CPA certification is highly desirable.</li>\n <li>A minimum of 3 years of experience in accounting, financial management, or family office operations, with at least 3-6 years focused on UHNW individuals or families, including experience in a private family office or multi-family office environment.</li>\n <li>Exposure to investment reporting, alternative assets, or trust/estate accounting.</li>\n <li>Experience in accounting principles, financial reporting, and complex multi-entity accounting (e.g., Trusts, LLCs, LPs, Partnership Interests).</li>\n <li>Proficiency with accounting software (e.g., QuickBooks, Intacct, NetSuite) and / or experience with bill pay platforms</li>\n <li>Exceptional Excel skills.</li>\n <li>Experience with state and federal tax matters is a plus&nbsp;</li>\n <li>Excellent interpersonal skills and a desire to work in a team oriented environment</li>\n <li>Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment</li>\n <li>Securities Industry Essentials (SIE), Series 7 &amp; Series 63 exams (must be obtained within first 3 months of employment)</li>\n</ul>\n<p><b>ABOUT GOLDMAN SACHS</b></p>\n<p>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.&nbsp;</p>\n<p>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 GS.com/careers.&nbsp;</p>\n<p>We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html</p>\n<p>© The Goldman Sachs Group, Inc., 2025. All rights reserved.</p>\n<p>Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity</p>\n<div style=\"font-style:normal; font-weight:400\">\n <p><b>Salary Range</b>&nbsp;<br>\n   The expected base salary for this Albany, New York, United States-based position is $60000-$100000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.</p>\n <p><b>Benefits</b>&nbsp;<br>\n   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 <a href=\"https://www.goldmansachs.com/careers/discover/2022-Benefits-Summary-US.pdf\" target=\"_blank\" rel=\"nofollow\">here</a>.</p>\n</div>",
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