Senior Manager, Private Markets Technical Accounting
Invesco
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 Role:
This role will serve as the technical accounting expert for our Private Markets business, specifically several SEC registered Real Estate Investment Trusts managed by Invesco Ltd. As the point person for technical accounting and audit issues, this individual will quickly gain broad exposure to the operations of our Private Markets business and interact with leaders in Private Markets finance, accounting, and investment teams, as well as with external and internal auditors to support the establishment of a technical accounting center of excellence.
You Will Be Responsible For:
Partnering with Fund Controllers: Collaborate on the accounting for complex transactions, including financial instruments, financing transactions, consolidations, and derivatives/hedging.
Leading New Business Initiatives: Drive the accounting team’s involvement in new business initiatives, ensuring proactive engagement with stakeholders.
Implementing New Accounting Standards: Lead the implementation of new accounting standards, maintaining open lines of communication with relevant teams.
Assessing Disclosure Risks: Identify emerging disclosure risks and implement appropriate responses, keeping stakeholders informed.
Reviewing Financial Statements: Enhance reporting and disclosure practices by reviewing quarterly financial statements and other publicly reported financial information (including 10-Qs and 10-Ks).
Providing Peer Analysis: Offer Private Markets stakeholders peer analysis of current industry trends and topics, fostering informed decision-making.
Supporting Audits: Assist controller teams during audits, stepping in proactively when required.
The Experience You Bring
Bachelor’s degree in accounting/finance, CPA required
Minimum of 8 to 10 years of progressive accounting experience, with a concentration in technical accounting.
Experience in a Big 4 accounting firm, public company, or private real estate manager, preferably in an accounting firm national office or a technical accounting advisory group.
Strong investment products and systems experience, specifically in private markets or real estate. Excellent written and oral communication skills.
Ability to perform job duties with minimal supervision, driving progress independently while maintaining proactive communication with stakeholders.
Full Time / Part Time
Full timeWorker Type
EmployeeJob Exempt (Yes / No)
YesWorkplace 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.
What’s in it for you?
Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
Flexible paid time off
Hybrid work schedule
401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
Health & wellbeing benefits
Parental Leave benefits
Employee stock purchase plan
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.