Senior Manager, RTR

Job Description

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 Senior Manager (Record to Report - RTR) (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 Ensures timely and accurate delivery of General Ledger accounting services in accordance with US GAAP Understands proper accounting treatment for all General Ledger accounting services provided by the Hyderabad Shared Service Center (SSC), including but not limited to compensation accounting, revenue recognition, expense accruals, lease accounting, cash accounting, and investments. Ensures the Hyderabad General Ledger SSC staff executes all assignments in accordance with established Service Level Agreements (SLA’s). Accounting services will include but are not limited to preparation and review of journal entries, balance sheet reconciliations, variance analysis, compliance with auditor and SOX requirements, and providing ad hoc reporting to support accounting inquiries. Provides daily direction to General Ledger staff, sets priorities, and ensures staff are aware of critical deadlines or changes in policy or procedures Proactively identifies potential work bottlenecks or peaks in work volume and identifies plans to ensure team is able to meet agreed upon deadlines Ensures timely distribution of standard GL reports to corporate and business units Ensures General Ledger staff is providing financial data and analysis to support Corporate Controller’s local statutory audit requirements Provide Thought leadership with focus on improving the business process and encourage teams to ideate or identify process improvement opportunities and flag it off to Function leadership. Leads and Guides team in execution of approved continuous improvement and process improvement opportunities Supports GBS transition team to migrate additional general ledger accounting services to Hyderabad SSC, which includes assisting with the creation of transition plans and training materials, development of SLA’s, and participation in stabilization efforts Reviews, provides input, and signs off on R2R desktop procedures documented by General Ledger Hyderabad SSC staff Executes approved remediation of areas not meeting established service level obligations Participates in special projects as required by the Finance GBS leadership team including initiatives and priorities related to Upskilling, Employee engagement etc. Interviews, hires, orients, trains, motivates, evaluates, disciplines, and when necessary discharges subordinate personnel in conjunction with the Human Resources and Finance GBS leadership team. Your Competencies Strong working knowledge of US GAAP, specifically in the areas of Investment accounting, revenue recognition, lease accounting, software capitalization and share based compensation. Previous experience working at a BIG 4 firm or multinational company presenting consolidated financial statements is a plus; 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-task. 10 to 12 years 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. 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 or CA-Inter or CMA 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. Full Time / Part Time Full time Worker Type Employee Job Exempt (Yes / No) Yes 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. 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 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. 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 Apply for the role @ Invesco Careers : https://careers.invesco.com/india/ Show more Show less