Senior Process Associate, PTP

Hyderabad, Telangana
Permanent
Full-time

23 hours 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 DescriptionSenior Process Associate – Vendor Maintenance (Procure to pay – Accounts Payable)Your department: Finance & Corporate ServicesGlobal Business ServicesYour ResponsibilitiesCreate, update Vendor master records and perform peer reviewDevelops and standardize mandatory vendor master data fieldsCoordinate & validate supplier set ups with Global ProcurementMeeting process TAT and SLA’s on consistent basisDefines responsibility matrix for creating/editing/deleting vendors to ensure segregation of dutiesObtain documents required for establishing new vendors, identification of vendor tax status for proper regulatory reportingEnsures all AP teams members are trained on new proceduresProactively update Standard operating procedures for any changes/updatesReview new vendor setups to ensure accuracy and avoid duplication of vendors in VMFPeriodically cleanses VMF to delete obsolete/old vendorsConducts periodic audits of vendor master file to ensure only valid vendors can receive paymentEnsure compliance with Invesco vendor policiesSupport senior team member in Vendor master related projectsShould be capable enough to take care of all process queries (Onsite/ Onshore) and should be helping the Sr. team membersCapable enough in planning and executing the work assignments during other team member leavesContribute to the ad hoc reports, daily metrics through dashboard etc.Adhering to SOX and Internal Controls of the Process and OrganizationWork on “Continuous Improvement” of processes.Your CompetenciesKnowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; ability to manage team members and deliverables; good written and oral communication skills; highly organized; ability to meet strict deadlines; ability to interview, hire, and train employees; excellent customer service skills; ability to plan, assign, and direct work; ability to multi-task3+ years of experience in accounting experience is required; Experience with accounting and financial systems, preferably Oracle; TAPN Certification will be added advantage; Experience in procure to pay process improvement and application systems implementation; knowledge of Microsoft Office suiteAttributesStrong analytical and critical thinking skillsStructured, disciplined approach to work with attention to detailAbility 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 supervisionAbility to assimilate information from multiple sources, identify or develop solutions and then implement themPositive and constructive team player with good communication (verbal/written) and inter-personal skillsExcellent organization skills and ability to manage multiple changing priorities along with day-to-day responsibilitiesSound analytical and reporting skills, ability to understand complicated topics, apply critical thinking and judgementKeenness and aptitude to learn, upskill and mentor in the respective technical domainAble to work in a global, multicultural environmentEducation & CertificationsA Bachelor’s / Master’s Degree in Business is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferredCertified Public Accountancy or Chartered Accountancy a plusShift TimingsWork 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.General Role Profile

Requires full proficiency gained through job-related training and on-the-job experience

Takes a broad perspective to solve moderately complex problems

Identifies key issues and patterns from partial/conflicting data

Completes work with a limited degree of supervision

Knowledge

Requires a broad understanding of the job and applies skills and knowledge in a range of processes, procedures and systems or requires deep skills in a single Area

Business Acumen

Applies knowledge of how the Team integrates with other Teams to achieve objectives

Problem Solving

Works on moderately complex assignments that may differ in nature

Provides solutions to problems in situations that are atypical or occur infrequently based on existing precedents or procedures

Impact

Receives general supervision on new assignments, no supervision on routine tasks

Impacts the Team’s results through the quality and effectiveness of own work

Leadership

May act as an informal resource for Team members with less experience

Influence and Partnership

Explains complex information including interdependencies within the Team and others

Works to ensure effective coordination of information

Full Time / Part TimeFull timeWorker TypeEmployeeJob Exempt (Yes / No)NoWorkplace ModelAt 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 InvescoIn 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
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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 usAbout Invesco:About our Culture:About our D&I policy:About our CR program:Apply for the role @ Invesco Careers:

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