Divisional Overview

The Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm.  CPM have 5 operating pillars. 

Finance & Planning supports the execution of the firm’s strategic objectives through the management of the planning process, firmwide reporting and analytics and insights into the firm’s business plans and budgets. They develop consistent framework for revenue division projections creating transparency, accountability and efficiency around projections. This pillar also includes the CF&O, EO and Engineering divisional CFOs, who are strategic finance advisors helping the firm and the non-revenue divisions achieve commercial financial opportunities. Product Finance is responsible for the overall governance and proactive management of the firm’s non-compensation expenses. Spend Management encompasses the functions responsible for managing all aspects of the firm's spend with third parties - advising commercial agreements and driving operating efficiency. Departments include Strategic Sourcing, Procure to Pay, Integrated Travel and Expense, Infrastructure and Transformation and Sustainable Operations. Operational Risk & Resilience drives firmwide Operational Risk programs along with second line teams and implements required changes within CPM. The Corporate Insurance & Advisory team in this pillar identifies, procures, and manages corporate insurance needs for the firm and its investing businesses. The CPM Engineering team provides engineering solutions that enable the firm to manage third-party spend, data and automation, plan budgets, forecast financial scenarios, allocate expenses and support corporate decision making in-line with the firm’s strategic objectives.

Role Overview

Professionals in CPM have an analytical mindset, exhibit intellectual curiosity and are from diverse academic backgrounds. This role sits within the Spend Management pillar.

The role requires collaboration with different functions across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. It also entails in-depth analysis and reporting for senior management, requiring diligence and a commercial mindset. The candidate is required to work closely with global counterparts. Should have excellent verbal and written communication skills. 

 

Job Responsibility 

Manage third party operating expense payments and reporting for China entities across the Spend Management functionsAcquire in depth understanding of the regulations, tax handling and accounting controls in China associated with invoice payments and reportingUnderstand and adhere the firm’s policies on vendor governance, payment management and documentationsManage risks in the process by implementing and reviewing relevant controlsConduct data analysis to identify the trend/root cases to effectively engage the stakeholders to address problems and opportunities for improvementsDrive & manage process transformation initiatives & projects to enhance operating efficiencies & controls within the processesHandle business and management ad-hoc queries and requests, respond to business queries on a timely basisParticipate in Spend Management platform upgrade / enhancement UATDevelop and deliver training programs to the end-usersExhibit confidence in communicating in a variety of forums, sessions, presentations, and training sessionsBuilding relationships with businesses at all levels within the corporation will be a key success factor for this role

Qualification

Bachelor’s degree with 4-6 years’ experience in relevant profilesFluency in English and Chinese for business context (reading, writing and spoken)Knowledge and experience in accounts payable, invoice processing, and expense reportingStrong communication and good interpersonal skills to build relationships with internal stakeholdersStrong analytical skills and proficiency in MS Office tools (Excel and PowerPoint)Effective organizational and time management skills Ability to multi-task & deliver under pressureForward thinking with the ability to assert new ideas and follow them through Committed, driven and self-motivated individual who constantly aim to improve the processes and enhance controls

Preferred Qualification

ERP knowledge, implementation & transformation experience on SAP (Concur, S4/HANA)Hands on experience in end-to-end GL activities, month-end activities (accruals, sub-ledger / general ledger posting and reconciliations) is an added advantageCorporate Card Feed management/operation and handling payments is an added advantage 

 

About Goldman Sachs

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 GS.com/careers. 

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