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Senior Process Associate, PTP

3 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

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!
  • Senior Process Associate – Vendor Maintenance (Procure to pay – Accounts Payable)
  • Your department: Finance & Corporate Services
  • Global Business Services
  • Your Responsibilities
  • Create, update Vendor master records and perform peer review
  • Develops and standardize mandatory vendor master data fields
  • Coordinate & validate supplier set ups with Global Procurement
  • Meeting process TAT and SLA’s on consistent basis
  • Defines responsibility matrix for creating/editing/deleting vendors to ensure segregation of duties
  • Obtain documents required for establishing new vendors, identification of vendor tax status for proper regulatory reporting
  • Ensures all AP teams members are trained on new procedures
  • Proactively update Standard operating procedures for any changes/updates
  • Review new vendor setups to ensure accuracy and avoid duplication of vendors in VMF
  • Periodically cleanses VMF to delete obsolete/old vendors
  • Conducts periodic audits of vendor master file to ensure only valid vendors can receive payment
  • Ensure compliance with Invesco vendor policies
  • Support senior team member in Vendor master related projects
  • Should be capable enough to take care of all process queries (Onsite/ Onshore) and should be helping the Sr. team members
  • Capable enough in planning and executing the work assignments during other team member leaves
  • Contribute to the ad hoc reports, daily metrics through dashboard etc.
  • Adhering to SOX and Internal Controls of the Process and Organization
  • Work on “Continuous Improvement” of processes.
  • 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; 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
  • 3+ 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 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.
  • 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 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 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.htmlAbout our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.htmlAbout our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.htmlAbout our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.htmlApply for the role

@ Invesco Careers

: https://careers.invesco.com/india/

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