Senior Process Associate, PTP

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

Benefits offered by this job

Flexible, Hybrid Work

30 days’ Annual Leave + Public Hols

Life Insurance

Medical Insurance for Employee and Fam

Job summary

Invesco is hiring for an Accounts Payable role in Hyderabad to verify, code, and process invoices and payment requests. You will review expense reports, reconcile vendor statements, and ensure timely payment runs while adhering to SOX controls and internal procedures.

The ideal candidate will have 4+ years in accounting/Accounts Payable, experience with Oracle and Procure-to-Pay processes, and strong analytical, organizational, and communication skills.

Qualifications

• Bachelor’s or Master’s in Business with emphasis in Accounting/Finance.
• Knowledge of GAAP and internal control elements.
• Strong problem-solving, analytical, organizational and customer service skills.
• Experience with accounting/financial systems, preferably Oracle; procure-to-pay process improvement knowledge.

Responsibilities

• Verify, code, and process invoices and payment requests.
• Review and quality-check invoices and employee expense reports.
• Research on hold/unpaid documents and follow up for resolution.
• Reconcile vendor statements and follow up on past-due invoices.
• Create payment batches and coordinate with onshore team to resolve issues.
• Prepare SOPs, process flows, and ensure updates are communicated.

Skills

Analytical skills

Attention to detail

Communication skills

Team player

Multitasking

Education

Business degree (Accounting/Finance)

CPA/CA preferred

Tools

Oracle

Microsoft Office

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

Your Role

• Invoice / payment requests verification, coding, and processing.
• 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.
• 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 Ad-hoc requests that are received in the Generic Mailbox Meeting process.
• SLAs on consistent basis.
• Adhering to SOX and Internal Controls of the Process and Organization.
• 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.
• Answers vendor and employee inquiries over phone and email.
• 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.
• Should be capable enough to take care of all process queries (Onsite/ Onshore) and should be helping the team members.
• Capable enough in planning and executing the work assignments during other team member leaves.
• Contribute to the ad hoc reports, daily metrics through dashboard, metric for customer calls etc.
• Contribute towards process Improvement.

The Experience You Bring

• 4+ years of experience in accounting/accounts payable experience.
• Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements.
• Demonstrates strong problem-solving and analytical abilities, excellent interpersonal and communication skills, effective team leadership and employee development capabilities, exceptional organizational and customer service skills, and the ability to manage multiple priorities while delivering high-quality results under strict deadlines.
• Experience with accounting and financial systems, preferably Oracle; Experience in procure to pay process improvement and application systems implementation; knowledge of Microsoft Office suite.

Skills / Other Personal Attributes Required

• 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.

Academic requirements

• 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.

• 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

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.

About Invesco

• 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

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.