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Process Associate I, PTP

Invesco

Invesco

Hyderabad, Telangana, India
Posted on Tuesday, June 11, 2024

As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.

If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!

Job Description

Process Associate I (Procure to Pay – Accounts Payable) (if this role is posted on our website, pls add the link to the same)

Location: Hyderabad

Your department: Finance & Corporate Services

Global Business Services

Your Responsibilities

  • Invoice / payment requests verification, coding, and processing
  • Matching invoices to purchase orders
  • 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
  • Creation of Purchase Orders
  • Handle PO Maintenance Activity – Liaise with requestors/Buyers to close the Open PO’s
  • Follow-up with Requestors/Buyers to perform GRN and to sort out Price/Quantity Variance
  • Handle Queries via Service Now requests
  • Meeting process SLAs on consistent basis
  • Adhering to SOX and Internal Controls of the Process and Organization
  • Payment run – Create payment batches, review and work with onshore team to resolve exception items
  • Capable enough to handle the other sub-processes like alternative invoicing, Reclassification and Adhoc requests that are received in the Personal/Shared Mailbox
  • Assist senior team member in preparing the process documentation (SOP, Process Maps etc.)
  • Maintaining manual trackers (Issue & Error log, Query log, exception tracker etc.)
  • Answers vendor and employee inquiries over phone and email

Your Competencies

Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; good written and oral communication skills; highly organized; ability to meet strict deadlines; excellent customer service skills; ability to multi-task

1 to 2 years of experience in accounting/accounts payable experience is required; Experience with accounting and financial systems, preferably Oracle; Experience in Procure to pay process improvement and application systems implementation; knowledge of Microsoft Office suite

Attributes

  • Strong analytical and critical thinking skills
  • Structured, disciplined approach to work with attention to detail
  • Ability to work under pressure to meet tight deadlines and flexible to deliver amid uncertainty (e.g., imperfect data, loosely defined concepts, changing priorities)
  • Multi-tasker and self-motivated; capable of working under limited or no supervision
  • 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
  • Keenness and aptitude to learn, upskill and mentor in the respective technical domain
  • Able to work in a global, multicultural environment

Education & Certifications

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

Shift Timings

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. Shift timing may be mapped as per region supported.

About Invesco

Invesco is one of the world’s leading global investment management firms. With over 8000 employees focused on client needs, the firm is entrusted with managing over $1.6 trillion in assets under management. The company is headquartered in Atlanta, GA with regional offices in 25 countries including the GIC in Hyderabad, India.

We are Inclusive. Committed. Progressive.

We are proud to be a firm that achieves more together. One that is focused on doing work that matters. One that gives a voice to every employee. One that genuinely cares.

Make a difference every day.

Do what matters and drive your growth.

Our ambition is high. At Invesco, we offer work experiences that will inspire and challenge you. When you join Invesco, you will have opportunities to collaborate with a global team to find the best ideas and solutions for our clients and work together in the continuous pursuit of performance excellence.

We offer competitive and performance-driven compensation that rewards your contributions to our clients’ success.

Join our culture of diversity of thought.

Our culture of inclusivity and its commitment to diversity in the workplace is demonstrated through our people practices.

We are proud to be an equal opportunity employer. No job applicant or employee will be discriminated against because of race, religion, color, sex, sexual orientation, gender, sexual/gender identity, age, disability, pregnancy, national origin, military or veteran status, or any other characteristic protected by applicable law.

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

No

Workplace Model


At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. 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 three days a week, with two days working outside an Invesco office.

Why Invesco

In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.

We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).

What’s in it for you?

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.

Our benefit policy includes but not limited to:

  • Competitive Compensation
  • Flexible, Hybrid Work
  • 30 days’ Annual Leave + Public Holidays
  • Life Insurance
  • Retirement Planning
  • Group Personal Accident Insurance
  • Medical Insurance for Employee and Family
  • Annual Health Check-up
  • 26 weeks Maternity Leave
  • Paternal Leave
  • Adoption Leave
  • Near site Childcare Facility
  • Employee Assistance Program
  • Study Support
  • Employee Stock Purchase Plan
  • ESG Commitments and Goals
  • Business Resource Groups
  • Career Development Programs
  • Mentoring Programs
  • Invesco Cares
  • Dress for your Day

In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.

To know more about us

About Invesco: https://www.invesco.com/corporate/en/home.html

About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html

About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html

About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html

Apply for the role @ Invesco Careers: https://careers.invesco.com/india/