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    Job · 11624900

    HYDERABAD · FULLTIME

    Manager, RTR

    Invesco logo

    Invesco

    Hyderabad · onsite · Posted 68d ago

    Sourced fromFoundit
    Not disclosed8–10 yrsfulltimeHyderabad

    About a minute. You'll make an account on the way through.

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    Section · 01

    About this role

    As one of the world's leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. 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, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

    Job Description

    Your Team

    Responsible for managing the Hyderabad Shared Service Center (SSC) ensuring compliance with Invesco's Revenue accounting requirements. Understands US GAAP and ensures proper accounting treatment of financial transactions.

    Your Role

    This role supports Revenue accounting and reporting across North America, Canada and Asia-Pacific regions.

    Key Responsibilities:
    • Prepare the Quarterly and Annual Reports on Form 10-Q/K and manage the internal and external review for these documents.
    • Create and maintain SEC calendar to inform parties of necessary deadline adherence for the following processes: financial close, BOD package, press release and 10-Q/K.
    • Monitor and ensure timely identification and compliance with evolving accounting guidance, provide US GAAP interpretation and prepare technical memorandums that document issues in a clear, logical and comprehensive manner.
    • Communicate and explain accounting issues and evolving accounting guidance to the management team.
    • Manage communications with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.
    • 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 SSC, including but not limited to compensation accounting, revenue recognition, expense accruals, lease accounting, cash accounting, and investments.
    • Ensures the Hyderabad General Ledger SSC team executes all assignments in accordance with established Service Level Agreements (SLA's). Accounting services will include but are not limited to preparation of journal entries, balance sheet reconciliations, variance analysis, compliance with auditor and SOX requirements, and providing ad hoc reporting to support accounting inquiries.
    • Provides leadership in the creation and distribution of standard GL reports to corporate and business units
    • Ensures General Ledger team is providing financial data and analysis to support Corporate Controller's local statutory audit requirements
    • Provides oversight to General Ledger Supervisors, sets priorities, and ensures Supervisors are aware of critical deadlines or changes in policy or procedure
    • Engages with General Ledger Accounting team to identify continuous improvement opportunities and escalates opportunities to R2R Senior Manager
    • 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 team
    • Directs general ledger team to execute upon service level obligation remediation plans identified and approved through the Customer Council
    • Serves as initial point of escalation for issues identified by the General Ledger Hyderabad SSC team. Works with team to resolve issues.
    • Participates in special projects as required by the Director of Shared Services Center Hyderabad or R2R Senior Manager, including but not limited to strategic initiatives and software implementations
    • Interviews, hires, orients, trains, motivates, evaluates, disciplines, and when necessary discharges subordinate personnel in conjunction with the SSC Lead

    Experience you bring in:
    • 8+ Years of experience in RTR.

    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/

    Sourced from foundit

    Section · 02

    Skills

    Technical MemorandumsGeneral Ledger AccountingUS GAAPContinuous improvementrevenue accounting

    Section · Company

    About Invesco

    Invesco logo

    Invesco

    Financial Services

    1.3k+

    employees

    1935

    91 years old

    Atlanta, Atlanta

    United States (USA)

    About

    Invesco specializes in asset management, focusing on mutual funds and investment portfolios to cater to individual and institutional investors.

    Industries

    Financial Services

    Employee ratings

    489 reviews

    3.7/ 5

    Culture

    3.5

    Career growth

    2.9

    Work-life

    3.8

    Employees rate it well for

    Work Life Balance108Work Culture69Senior Management57Salary42Career Growth40

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