Process Associate II, PTP

Invesco; Hyderabad; Hybrid; INR 600,000 - 900,000; Full time

Benefits offered by this job

Flexible, Hybrid Work

30 days Annual Leave + Public Holidays

Life Insurance

Medical Insurance for Employee and Fam

Job summary

Invesco is seeking a detail-oriented Accounts Payable professional to verify and process invoice and payment requests. You will match invoices to purchase orders, conduct quality checks, and research hold/unpaid documents while adhering to SOX controls.

A strong grasp of GAAP and internal controls is required. Responsibilities include PO maintenance, vendor reconciliations, and assisting with SOP documentation.

Qualifications

• Knowledge of GAAP and internal controls
• Strong analytical and problem solving abilities
• Excellent written and verbal communication
• Ability to multi-task and meet deadlines

Responsibilities

• Verify, code and process invoice/payment requests
• Match invoices to purchase orders and reconcile statements
• Review quality of invoices and employee expense reports
• Handle vendor queries and follow up on resolution
• Prepare process documentation (SOP, process maps) and maintain trackers
• Support daily SLA adherence and assist senior team members

Skills

GAAP knowledge

Analytical skills

Communication skills

Multi-tasking

Problem solving

Education

Bachelor’s / Master’s Degree in Business with emphasis in Accounting or Finance

CPA or CA a plus

Tools

ServiceNow

MS Excel

Job description

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. 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, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Job Description

• Invoice / payment requests verification, coding and processing.
• Matches 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 Generic 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
• Track exceptions and share with team on regular basis
• Support senior team member to monitor SLA and daily deliverables
• Contribute to continuous improvements of process

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

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.

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