Tax, Regional Tax, Associate, Frankfurt

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. 

A team of professionals based in Frankfurt, London Paris and The Hague serves the firm's European tax requirements. This team comprises tax consultants, accountants and lawyers and is responsible for all aspects of the firm's tax affairs, including structuring, managing and overseeing compliance, tax planning and advice in relation to remuneration and employee tax matters. 

Within the Frankfurt Tax Department, Goldman Sachs is seeking to recruit an Associate to support the (Deputy) Remuneration Officer in accordance with the German Remuneration Ordinance (Institutsvergütungsverordnung, IVV). In addition, the Associate will work with the Employment Tax Team on managing the firm’s compliance in the area of income taxes and social security in EMEA and will support the Asset Wealth Management division on investor tax reporting . The role is extremely broad and will require you to build on your existing tax knowledge to assist the team, as well as working on other ad hoc projects. 

YOUR IMPACT 

Deputy Remuneration Officer

• Working closely with the Remuneration Officer on the review of remuneration systems and design
• Testing of Material Risk Takers remuneration and documentation requirements
• Responsible to support the annual Remuneration Control Reports in line with IVV requirements
• Working closely with Human Capital Management, Control Functions and Legal on the remuneration system, framework and governance
• Prepare and attend stakeholder meetings, including regulators and auditors, the Remuneration Committee Chair and Executive Board members
• Staying up to date on new remuneration and market trends 

Employment Tax

• Working extensively with various internal stakeholders on managing the firm’s compliance with EMEA tax and social security rules for the 25 EMEA offices.  This includes the tax and social security treatment of employment related securities, cross-border equity, termination payments and employment benefits.
• Working with the firm’s global Mobility team to assess the tax consequences of cross-border moves, business visitors, remote working and short-term assignments
• Working with Human Capital Management and Legal Entity Controllers on the taxation and reporting of benefits
• Working on ad hoc or global projects such as office expansions or closures

Investor reporting

• Working with the Asset Wealth Management Division and Fund Controllers on the reporting obligations of private equity and mutual fund offerings in Germany and other European countries. 
• Overseeing external service providers 
• Providing advice and support in audits

QUALIFICATIONS / EXPERIENCE 

• Experience in the German Remuneration Ordinance for Institutions (Institutsvergütungsverordnung, IVV)
• University or equivalent degree preferably with Tax as main subject and a minimum of 3 – 5 years’ relevant tax knowledge gained through work experience as a tax accountant, tax lawyer or a member of the tax department in the financial industry. International tax experience is beneficial.
• Fluency in English
• Excellent data analytical skills
• Very good work-organization and high attention to detail
• Team player, excellent interpersonal and communication skills along with a strong client service attitude
• Microsoft Office skills