Richard Herman Email and Phone Number
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Goal-focused business leader, finance executive and strategist with 20 years of experience with Goldman Sachs. Throughout my career, I provided key business units with greater financial transparency and efficiency by standardizing reporting processes, streamlining finance operations and instituting sound controls. I developed financial strategies and models that achieved ambitious expense-reduction and growth objectives.Achievements include:► Enhancing financial transparency by instituting robust reporting mechanisms. I directed budgeting, expense management and project tracking functions for business units with annual spend of $200M.► Replacing disparate financial reporting processes with a single, standardized model across 40+ business units. I increased efficiency, financial visibility and consistency throughout the division.► Devising a creative financial strategy for the roll-off of 400+ consultants as part of a two-year Regulatory Surge Program.► Working with Corporate Services to plan and manage a large-scale organizational reconfiguration. I managed budgeting and finances for three major moves.► Overseeing the creation of a multifunctioning, collaborative environment that incorporated state-of-the-art technology and advanced space management techniques. I helped design model used for future space planning.► Contributing to the creation of a standalone business unit comprised of elements from several departments. I helped to establish an innovative, high-profile unit to launch cutting-edge technologies, platforms and services.► Playing a key role in in staffing a startup department with 250 existing team members and new hires. I designed new processes and workflows to optimize efficiency.► Collaborating with Chief of Staff to design and execute the allocation model for client platforms in conjunction with the new Technology Business Management (TBM) financial tool. I increased transparency and efficiency for product managers and end users.
Goldman Sachs
View- Website:
- goldmansachs.com
- Employees:
- 65498
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Business Manager / Vice President - Corporate & Workplace Solutions DivisionGoldman Sachs Jan 2022 - PresentProvide comprehensive business and financial management support to Corporate & Workplace Solutions Engineering Team consisting of more than 500 employees/consultants with an annual operating spend of $200M and capital budget of $50M. Manage day-to-day financial functions for the team including HC/vendor management, expense analysis, budgeting and internal reporting. -
Program Manager / Vice President - Technology DivisionGoldman Sachs Oct 2017 - Jan 2022Hand-picked by senior management to lead, coordinate, and advance the GDPR and Linux auto-patching programs in Core Engineering. Partnered with Tech Risk to facilitate operational, administrative, and technology-related aspects of these critical programs and projects. Developed solutions to overcome longstanding issues, turn around lagging programs, and meet commitments made to Board of Directors.
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Technology Product Financials Manager / Vice President – Technology DivisionGoldman Sachs May 2016 - Oct 2017Tasked with providing greater visibility into the Technology Division’s $250M+ consulting spend. Restructured the entire financial foundation and implemented a holistic approach to improve financial transparency. Transformed the division’s disparate reporting process to a centralized and consistent approach. Played a key role in strengthening financial analysis, budgeting, forecasting, and strategic planning functions for the consulting practice.
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Americas Chief Of Staff / Vice President – Operations TechnologyGoldman Sachs May 2015 - Apr 2016Promoted to manage day-to-day functions of a large business unit with three resources during a transitionary period. Led the America’s Chief of Staff team in overseeing all global budgeting, financial reporting & analysis, headcount, direct/allocation expenses, travel, and project tracking for an 1,100-person organization with annual spend of $300M. Partnered with management team to communicate achievements of the global organization to stakeholders.
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Business Manager / Vice President – Client Platform TechnologyGoldman Sachs May 2013 - Apr 2015Provided leadership to a 250-person organization with multiple departments and annual spend of $100M. Directed all budgeting, financial reporting and analysis, expense management, travel, and project tracking for the business unit. Controlled a $20M capital budget for email, mobile, desktop, web collaboration, and Americas regional offices.
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Business Unit Chief Finance Officer / Vice President – Technology DivisionGoldman Sachs Oct 2004 - Apr 2013Originally assigned to Banking Technology (2004-2013) and expanded role to encompass additional business units, including Investment Research Technology, Technology Divisional Management, and Technology Financial Services (2010-2013), as well as Sales Services Technology (2011-2013). Supported senior business unit leadership with strategic planning and financial management advisory services. Directed all budgeting and financial reporting.
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Financial Control Manager / Vice President – Technology DivisionGoldman Sachs Jan 2001 - May 2010Contributed to the stable growth of a rapidly expanding finance unit by instituting sound controls to increase efficiency and transparency. Served as team lead for the month-end close process for the Technology Division with an annual spend of $2M. Managed the financial control function for the firm’s global technology, with an annual spend of $1B. Administered monthly reconciliation of technology prepaid and liability accounts valued at more than $150M. Managed the capitalization of internally developed software worth in excess of $750M.
Richard Herman Skills
Richard Herman Education Details
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La Salle UniversityBusiness Administration And Finance
Frequently Asked Questions about Richard Herman
What company does Richard Herman work for?
Richard Herman works for Goldman Sachs
What is Richard Herman's role at the current company?
Richard Herman's current role is Strategic Finance Executive & Business Manager.
What is Richard Herman's email address?
Richard Herman's email address is ri****@****chs.com
What is Richard Herman's direct phone number?
Richard Herman's direct phone number is +197250*****
What schools did Richard Herman attend?
Richard Herman attended La Salle University.
What skills is Richard Herman known for?
Richard Herman has skills like Business Analysis, Financial Services, Project Management, Financial Reporting, Analytical Skills, Business Strategy, Forecasting, Management, Budgeting, Business Management, Strategic Planning, Executive Leadership.
Who are Richard Herman's colleagues?
Richard Herman's colleagues are Smriti Singh, Jack Frumkes, Matthew Larson, Sarah Harper, Khari Kingslow, Kyle Williams, Ron Ritenour, Mba, Hcispp, Aws Ccp.
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