Sr. Process Associate

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

Your Team
P2P is responsible for processing invoice till payment.
Your Role

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

6+ years of experience in accounting 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

You Will Be Responsible For:
 

• 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.

General Role Profile
• Manages Knowledge Leader employees and/or highly skilled Business Services employees
• Acts as an advisor to workgroup and may become actively involved, as required, to meet schedules and resolve problems
Knowledge
• Requires understanding and application of fundamental business concepts and procedures and practices within own job family and basic knowledge of other related job families
Business Acumen
• Applies understanding of how the Team relates to other closely related Areas to improve efficiency of own Team
Problem Solving
• Exercises some initiative and independent judgment within defined procedures and policies to determine appropriate action where problems are of moderate scope and complexity
Impact
• Impacts own Team directly and related Teams’ ability to meet quality, volume, and timeliness objectives within own Area
• Decisions and problem solving are guided by policies, procedures, and Team plan
• Receives guidance from senior leadership
Leadership
• Provides direction to employees according to established policies and management guidance
• Administers Firm’s policies that directly affect reporting employees
Influence and Partnership
• Gains cooperation of others, conducting presentations of functional/process information concerning specific projects or schedules

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

NoWorkplace 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/