Controllers, Private Valuation Oversight/Product Control, Associate, New York
About the Role
The successful candidate will join the Asset & Wealth Management (AWM) Private Product Control team, responsible for financial reporting, valuation oversight, and control functions for private equity strategies across the firm’s alternative investment platforms. The role supports the valuation and independent price verification of illiquid private investments across various equity strategies through analysis of valuation inputs, review of third-party pricing, and preparation of valuation support for fair value reviews. The candidate will collaborate with cross-functional teams including Operations, Risk, Fund Accounting, Legal, Compliance, and Engineering to ensure accurate valuation, reporting, and controls while supporting investor and regulatory reporting requirements.
Responsibilities
- Support day-to-day reporting and month-end/quarter-end closing processes, including:
- Maintain books and records (PARA) of investment-related transactions (P&L, purchases, sales, and valuation adjustments) and supporting documentation, including reconciliations to the firm’s general ledger.
- Handle P&L and balance sheet reporting, coordinating with financial and divisional reporting teams to analyze key drivers and trends in business performance.
- Submit information for the firm’s external footnote disclosures and regulatory filings related to AWM’s alternative investment business.
- Respond to ad-hoc requests from various divisions and departments across the firm.
- Participate in teamwide and firmwide strategic initiatives focused on process improvement and automation to drive collaboration across stakeholders.
- Perform illiquid equity valuation reviews across multiple alternative asset classes and strategies, including growth equity, private equity, infrastructure equity, and other equity strategies.
- Prepare valuation materials and sensitivity analyses, including presentations to senior stakeholders in Controllers and AWM.
- Apply various valuation approaches, including:
- Market approach (public comps, precedent transactions, index proxies).
- Income approach (DCF, scenario-based analyses).
- Net asset value and hybrid methodologies, where applicable.
- Conduct independent price verification (IPV) and reasonableness assessments, including review of third-party valuation materials, internal deal team assumptions, and market-driven benchmarks.
- Lead coordination efforts with AWM Finance, Accounting Policy, Regulatory Policy, Legal, Tax, ACMS, and other control functions to assess accounting treatment, valuation considerations, and disclosure impacts at the Goldman Sachs group level.
Requirements
- At least 3 years of relevant work experience.
- Bachelor’s Degree (Accounting, Economics, or Finance preferred).
Preferred Qualifications
- CPA or CFA (preferred but not required).
- Strong quantitative, analytical, and organizational skills.
- Prior experience performing illiquid valuation analysis or in private equity/alternative investment products.
- Public and/or private accounting experience.
- Excellent interpersonal and communication skills, with the ability to clearly articulate ideas and interact with diverse teams.
- Highly motivated, adaptable, and proactive in a fast-paced, high-pressure environment.
- Accurate, detail-oriented, with sound judgment and integrity.
- Keen interest in financial markets.
- Proficiency in desktop applications (Excel, IgnitePad, PowerPoint).
Pay
The expected base salary for this New York, NY-based position is $85,000–$140,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs provides competitive benefits and wellness offerings, including:
- Comprehensive benefits package (available to active, non-temporary, full-time and part-time US employees working at least 20 hours per week).
- Training and development opportunities, firmwide networks, wellness programs, personal finance offerings, and mindfulness programs.