The Goldman Sachs Group, Inc

Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Private Client Accounting and Payment Services Lead, Vice President - Albany

The Goldman Sachs Group, Inc • $80K — $250K *
Albany, NY 12203In-Person
Finance & Insurance
8 - 10 years of experience
Reposted 1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field required
  • ACCA/CPA certification highly desirable
  • 10-15 years of accounting and financial management experience
  • 5-7 years focused on Ultra-High-Net-Worth (UHNW) individuals or families
  • Experience in building and scaling financial services practices for UHNW clients
  • Deep expertise in multi-entity accounting
  • Advanced proficiency in accounting software and exceptional Excel skills

Responsibilities

  • Lead a team delivering comprehensive accounting and payment services for UHNW clients
  • Implement and establish processes using innovative technology to enhance service quality
  • Recruit and develop a high-performing team of accounting specialists
  • Oversee financial operations including accounting, bill payments, and reconciliation
  • Drive production of detailed financial reports tailored for UHNW families
  • Coordinate cash management across various client accounts and entities
  • Serve as the primary contact for client financial communications
  • Mentor junior staff and ensure accuracy in their work
  • Manage vendor relationships and billing processes

Benefits

  • Competitive employee benefits and wellness offerings
  • Available for active full-time and part-time employees
  • Commitment to overall employee experience
Full Job Description
Job Description

YOUR IMPACT

Goldman Sachs Family Office (GSFO) is in search of a Vice President to lead 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.

We are seeking an accomplished practice lead to implement, and lead a new comprehensive private client accounting and payment services offering tailored for UHNW families. This leadership role is paramount to 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.

The successful candidate will define the practice's strategy, build a high-performing team, drive operational excellence, and ensure the delivery of precise, timely, and confidential financial management solutions that seamlessly integrate with our clients' broader wealth management objectives. This role requires an entrepreneurial spirit combined with deep technical accounting expertise and a proven ability to innovate and grow a service offering.

HOW YOU WILL FULFILL YOUR POTENTIAL
  • Lead 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.
  • Lead the implementation of the practice, establishing robust processes, selecting and leveraging cutting-edge technology, and creating scalable systems to support rapid growth and ensure consistent service quality.
  • Recruit, develop, and lead a high-performing team of bill pay and accounting specialists. Foster a culture of excellence, collaboration, continuous learning, and client-centricity.
  • Provide strategic oversight for all aspects of UHNW client financial operations, including end-to-end bill payment, multi-entity accounting, general ledger maintenance, and meticulous reconciliation of bank, brokerage, and credit card accounts.
  • Drive the production of 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).
  • Monitor and coordinate cash management across various accounts and entities.
  • 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.
  • Deep understanding of QuickBooks, Sage Intacct or similar platforms to support historical integrations.
  • Serve as a primary point of contact for client communications related to billing and financial matters. Liaise effectively with Private Wealth Advisors and external stakeholders, including legal, financial, and other professional advisors.
  • Provide guidance and mentorship to junior staff, overseeing their work and ensuring accuracy of records.
  • Handle all sensitive financial information with the utmost discretion and confidentiality.
  • Maintain vendor relationships, manage vendor accounts, and coordinate billing and changes with external parties
  • Work with PWM Product, Engineering, Compliance and Legal to continuously evolve the product offering

QUALIFICATIONS
  • Bachelor's Degree Required, preferably in Accounting, Finance, or a related field.
  • An ACCA/CPA certification is highly desirable.
  • Experience: A minimum of 10-15 years of progressive experience in accounting, financial management, or family office operations, with at least 5-7 years focused on UHNW individuals or families, including experience in a private family office or multi-family office environment.
  • Exposure to investment reporting, alternative assets, or trust/estate accounting.
  • Proven experience in designing, building, leading, and scaling an accounting or financial services practice or team, specifically for UHNW clients.
  • Deep expertise in accounting principles, financial reporting, and complex multi-entity accounting (e.g., Trusts, LLCs, LPs, Partnership Interests).
  • Advanced proficiency with accounting software (e.g., QuickBooks, Intacct, NetSuite) and / or experience with bill pay platforms
  • Exceptional Excel skills.
  • Experience with state and federal tax matters is a plus
  • Experience in interfacing with Trustees, Attorneys, Accountants, and other advisors and professional bodies in respect to private client's wealth planning
  • Excellent interpersonal skills and a desire to work in a team oriented environment
  • Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment
  • Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within first 3 months of employment)

Salary Range
The expected base salary for this Albany, New York, United States-based position is $80000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
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 here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

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