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Job Description

Summary:

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

This role supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.

Primary Duties/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.
• Preparation/Review of financial & regulatory fillings/reports like Net capital reports, Focus report, financial statement footnotes & US GAAP VS IFRS reconciliations.
• 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 procedures.
• Engages General Ledger Accounting team to identify continuous improvement opportunities and escalates opportunities to Management.
• Supports CTR 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 CTR desktop procedures documented by CTR 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 CTR 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

Work Experience:

• 10 to 12 years of Accounting experience, specifically in Close-to-Report process.
• Experience managing the financial & Regulatory reporting process for a global operation.
• Experience with accounting and financial systems, preferably Oracle & FCCS;
• Experience in Close to Report process improvement and application systems implementation; knowledge of Microsoft Office suite.
• Strong knowledge and understanding of US Generally Accepted Accounting Principles (GAAP);
• Understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; 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.
• Extensive experience in SEC filings and heavy exposure to financial reporting including filing 10Q and 10K.

Full Time / Part Time

Worker Type

Job Exempt (Yes / 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/