Akash Goyal
Finance leader and Chartered Accountant, leading a team of six finance professionals and translating financial insights into strategic decisions across cost, capital, funding and business planning. Brings strong financial expertise, analytical rigour and a track record of driving process improvements through automation.
Work Experience:
10.4 Years
Industry:
BFSI
Function:
Consulting & Strategy | Finance | General Management
Work Experience
Goldman Sachs (Global Investment Banking and Financial Services) | Bengaluru
Vice President - Legal Entity Controller
- Prepared India financial insights for the CFO and COO’s presentation to the Goldman Sachs Global Board, analysing historical and projected per-capita costs and highlighting stability despite increasing seniority and functional complexity.
- Built quarterly senior leadership dashboards covering a ~$900M management cost base across ~20 divisions and ~12,000 employees, integrating per-capita cost, variance and headcount mix for decision-making.
- Determined annual dividend recommendations of ~$80–100M, balancing planned capex, liquidity buffers and tax considerations; worked with Treasury and senior leadership to secure required approvals.
- Monitored quarterly working capital of $350–400M against Federal Reserve and SRB requirements, assessing liquidity buffers, current/long-term classifications and debt-equity thresholds to inform funding and dividend decisions.
- Co-authored business planning decks with divisional Managing Directors for the Executive Office, covering multi-year projections and strategic priorities.
- Led financial controllership for Goldman Sachs’ largest global service entity by headcount, managing a team of six Chartered Accountants across book closure, reporting, audits and regulatory compliance.
- Developed a tax recovery strategy that unlocked ~USD 5M in blocked GST credits through strategic input tax credit optimization and export-linked refund provisions.
- Played a key role in concluding Advance Pricing Agreements (APA) for India, UK and the US, reducing long-term transfer pricing risk and high-value litigation exposure.
- Led global tax process automation covering scope, controls, testing and implementation, saving ~750 hours annually.
Associate - Legal Entity Controller
- Built the financial case for establishing the India branch office to reduce concentration risk, including projections, payback and headcount planning; setup completed in under six months.
- Managed a $300M portfolio of intercompany and external borrowings, ensuring timely RBI reporting and compliance with FEMA requirements.
- Led implementation of GST across India with a team of ~15, training ~100 employees through the change.
- Led implementation of IND AS 116 across approximately $100M of leases under US GAAP and IND AS, handling book and deferred-tax differences.
- Automated GST monthly computation and reporting using low-code tools, saving ~300 hours annually and winning first place among 50+ automation submissions.
Financial Analyst, Controllers
- Supported financial reporting, period-end close and statutory financial statement preparation for India legal entities.
- Led first-time adoption of IND AS, including 3-year B/S preparation, policy changes and training for ~100 employees.
- Ran statutory, tax and transfer pricing audits for the India and Mauritius entities.
- Managed banking operations and regulatory filings while coordinating with banks and consultants.
Accomplishments
- Promoted from Analyst to Vice President within seven years, ahead of the firm’s typical promotion timeline.
- Won first place among 50+ entries in Goldman Sachs’ division-wide automation competition.
- Received the Goldman Sachs 10 Year Service Recognition Award.
Education
- Chartered Accountant (CA): The Institute of Chartered Accountants of India, India
- Bachelor of Commerce (B.Com.): Symbiosis College of Arts & Commerce, Pune University, India
Certification
Extra-curricular
- Certified by the Iron Butt Association (USA) for completing a solo 1,600 km endurance motorcycle ride within 24 hours.
- Walked 50 km in the Oxfam India Trailwalker as part of a four-member team, raising INR 1 lakh.
- Completed wellness and breathwork programmes with The Art of Living.