Specialist, RTR

Invesco; Hyderabad; Hybrid; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive Compensation

Flexible, Hybrid Work

30 days’ Annual Leave + Public HOL

Life Insurance

Retirement Planning

Group Personal Accident Insurance

Medical Insurance for Employee and Fam

Annual Health Check-up

Maternity Leave 26 weeks

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

Job summary

Invesco in Hyderabad seeks an experienced accounting professional for the Record-to-Report process. You will prepare journal entries, perform variances, and support SOX and internal controls.

The role requires 6–8 years of accounting experience, familiarity with Oracle and financial systems, and a bachelor’s degree in business with accounting/finance emphasis. Full-time, hybrid work arrangement in Hyderabad.

Qualifications

• 6 to 8 years of accounting experience in the Record-to-Report process.
• Experience with Oracle and financial systems.
• Experience in Record to Report process improvement and application systems implementation.
• Knowledge of GAAP and internal controls.

Responsibilities

• Prepares and records journal entries in the General Ledger per US GAAP.
• Performs variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually.
• Prepares balance sheet reconciliations and adjustments to address reconciling items.
• Researches evolving accounting guidelines and compiles drivers for variances into consolidated reports.
• Able to pull information from Oracle, HFM/SmartView for analysis.
• Supports SOX compliance and internal controls walkthroughs.

Skills

GAAP knowledge

Internal controls

Analytical skills

Communication skills

Organizational skills

Time management

Customer service

Education

Bachelor's degree in business

Tools

Oracle

Microsoft Office

Job description

About Invesco

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.

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

Job Description

Primary Duties/Responsibilities :

• Prepares and records journal entries in the General Ledger in a timely and accurate manner and in accordance with US GAAP.
• Performs variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually.
• Prepares balance sheet reconciliations and correct journal entries to address reconciling items.
• Ensure timely identification and compliance with evolving accounting guidelines, ability to research and summarize drivers for variances, and compile into a consolidated report & perform variance analysis of Balance sheet and P&L accounts monthly, quarterly, and annually.
• Ability to pull information from and analyze different data sources such as Oracle, HFM/SmartView.
• Teamwork and communication skills – ability to work with others and excellent communication skills (both email and verbal communication)
• Time management – ability to meet deadlines and communicate issues in a timely fashion.
• Delivers work product in accordance with Service Level Agreements (SLA’s).
• Provides financial data schedules to support auditor and Sarbanes-Oxley (SOX) compliance requests.
• Participate in SOX walkthroughs and must be able to provide evidence of compliance with internal controls.
• Prepares financial reports for internal, government, or statutory requirements as directed.
• Identifies continuous improvement opportunities and escalates to General Ledger Supervisor.
• Documents desktop procedures and ensures procedures are continuously updated to reflect current practices and policies.
• Participates in special projects under the direction of the Director of GBS Hyderabad or R2R Management.

Minimum knowledge, skills and abilities required:

(List only the minimum requirements needed for satisfactory job performance.)

Work Experience:

6 to 8 years of accounting experience, specifically in the Record-to-Report process; Experience with accounting and financial systems, preferably Oracle; Experience in Record to Report process improvement and application systems implementation; knowledge of Microsoft Office suite

Education/Training:

A bachelor’s degree in business is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferred.

License/Registration/Certification:

Certified Public Accountancy or Chartered Accountancy a plus.

Critical Competencies required:

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

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 four days a week, with one day working outside an Invesco office.

Grow Your Career with Us

Build the skills and experiences that help you thrive in a constantly evolving business environment. Our AI-enabled learning platform provides personalized learning opportunities based on your role and interests, while development programs and leadership training help support continuous career growth.

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