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 youre 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
Your Team
- Specialist, Finance & Corporate Services, Global Business Services
Your Role
- Responsible for providing business unit general accounting and internal control support, completion of the close, and ensuring that the general ledger account balances and trial balance are accurate and reflect the proper amounts in accordance with US GAAP. This role supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.
You Will Be Responsible For:
- Prepares and records journal entries in the General Ledger in a timely and accurate manner and in accordance with US GAAP.
- Performs variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually. Prepares balance sheet reconciliations and correcting journal entries to address reconciling items. Ensure timely identification and compliance with evolving accounting guidelines, ability to research and summarize drivers for variances, and compile into a consolidated report & performs variance analysis of Balance sheet and P&L accounts monthly, quarterly, and annually.
- Ability to pull information from and analyze different data sources such as Oracle, HFM/SmartView. Teamwork and communication skills - ability to work with others and excellent communication skills (both email and verbal communication)
- Time management - ability to meet deadlines and communicate issues in a timely fashion.
- Delivers work product in accordance with Service Level Agreements (SLA s).
- Provides financial data schedules to support auditor and Sarbanes-Oxley (SOX) compliance requests.
- Participates in SOX walkthroughs and must be able to evidence compliance with internal controls. Prepares financial reports for internal, government, or statutory requirements as directed.
- Identifies continuous improvement opportunities and escalates to General Ledger Supervisor. Documents desktop procedures and ensures procedures are continuously updated to reflect current practices and policies.
- Participates in special projects under the direction of the Director of GBS Hyderabad or R2R Management
The Experience You Bring:
- 6 to 7 years of 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
Education/Training:
- A Bachelor s Degree in Business is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferred.
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Critical Competencies required:
- Knowledge and understanding of Generally Accepted Accounting Principles (GAAP); understanding of internal control elements; analytical skills; good interpersonal skills; good written and oral communication skills; highly organized; ability to meet strict deadlines; excellent customer service skills
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.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 /
Job Classification
Industry: Banking
Functional Area / Department: Finance & Accounting
Role Category: Finance
Role: Financial Analyst
Employement Type: Full time
Contact Details:
Company: Inveso
Location(s): Hyderabad
Keyskills:
US GAAP
Journal entries
Financial reporting
General accounting
Process improvement
GAAP
Oracle
Variance analysis
Balance Sheet
Financial services