Process Associate II, PTP
Invesco · Hyderabad, Telangana
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Invesco · Hyderabad, Telangana
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 2 to 3 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. 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