Invesco India | Senior Process Associate, PTP

Responsibilities

• As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.
• As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least four days a week, with one day working outside an Invesco office.
• Review/ Quality check on the invoices and employee expense reports.
• Research on hold, unpaid documents and follow-up for resolution.
• Reconcile vendor statements and follows-up on past due invoices.
• Create payment batches, review, and work with onshore team to resolve exception items.
• Ownership of manual trackers (Issue & Error log, Query log, exception tracker etc.).
• Record Errors; prepare root cause analysis, corrective action and preventive measure for the process errors.
• Support senior team member to monitor SLA and adhering to daily deliverables.
• Participates in A/P projects under direction of supervisor (Continuous Improvement- Projects).
• Prepare standard operating procedures, process flows charts and ensure the changes are updated timely.
• Ensures all AP teams members are trained on new procedures.
• Contribute to the ad hoc reports, daily metrics through dashboard, metric for customer calls etc.
• Invoice / payment requests verification, coding, and processing.
• Meeting process SLAs on consistent basis
• Adhering to SOX and Internal Controls of the Process and Organization
• Answers vendor and employee inquiries over phone and email.
• Contribute towards process Improvement
• Work hours will be from 12:30 PM to 9:30 PM IST (01:30 PM to 10:30PM IST) and may include late hours and/or weekend support – during close.
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Requirements

• Should be capable enough to take care of all process queries (Onsite/ Onshore) and should be helping the team members.
• Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements.
• Experience with accounting and financial systems, preferably Oracle.
• Experience in procure to pay process improvement and application systems implementation; knowledge of Microsoft Office suite.
• Strong analytical and critical thinking skills.
• Ability to work under pressure to meet tight deadlines and flexible to deliver amid uncertainty (e.g., imperfect data, loosely defined concepts, changing priorities).
• Ability to assimilate information from multiple sources, identify or develop solutions and then implement them.
• Positive and constructive team player with good communication (verbal/written) and inter-personal skills.
• Excellent organization skills and ability to manage multiple changing priorities along with day-to-day responsibilities.
• Sound analytical and reporting skills, ability to understand complicated topics, apply critical thinking and judgement.
• Able to work in a global, multicultural environment.
• A Bachelor’s / Master’s Degree in Business is required with an emphasis in Accounting or Finance preferred.
• Knowledge of Financial Services Industry preferred.
• Certified Public Accountancy or Chartered Accountancy a plus.
• Build the skills and experiences that help you thrive in a constantly evolving business environment.

Invesco Ltd.

With roots going back to 1935, Invesco is an independent investment manager serving retail and institutional investors in more than 120 countries, with its own people on the ground in over 20 of them. Invesco Ltd. is organised under Bermuda law, has its principal executive office in Atlanta, and is listed on the New York Stock Exchange under the symbol IVZ. It manages equity, fixed income, balanced, money-market and alternative strategies, and its range takes in ETFs and index products as well as private markets funds. In India, Invesco has an office in Hyderabad, at the Divyasree Orion campus in Raidurgam, and it also recruits in Mumbai.

Invesco's finance-related openings in Hyderabad include fund administration and reconciliation managers, operations associates, risk analysts and senior compliance analysts. Postings usually ask for a B.Com, M.Com or MBA, often with finance as the main subject, and one lists a CA among the accepted qualifications. One analytical posting looks for a degree in finance, economics, mathematics, statistics or engineering, together with progress towards an accreditation such as CFA, FRM or PRM.

• Industry: Investment management: equity, fixed income, multi-asset, money-market and alternative strategies, ETFs and private markets
• Headquarters: Atlanta, United States (Invesco Ltd., listed on the NYSE as IVZ)
• In India: Office in Hyderabad (Divyasree Orion, Raidurgam), where its finance and operations roles are based; Invesco also recruits in Mumbai