Process Associate I, Ptp
6 months ago
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.)
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
- 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 identi
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