Team Lead, RTR

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

Team Lead (Record to Report - RTR)

Location: Hyderabad

Your Department: Global Business Services

Your Responsibilities

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 Shared Service Center (SSC), including but not limited to compensation accounting, revenue recognition, expense accruals, lease accounting, cash accounting, and investments.

Ensures the Hyderabad General Ledger SSC staff executes all assignments in accordance with established Service Level Agreements (SLA’s). 

Accounting services will include but are not limited to preparation and review of journal entries, balance sheet reconciliations, variance analysis, compliance with auditor and SOX requirements, and providing ad hoc reporting to support accounting inquiries.

Provides daily direction to General Ledger staff, sets priorities, and ensures staff are aware of critical deadlines or changes in policy or procedures

Proactively identifies potential work bottlenecks or peaks in work volume and identifies plans to ensure team is able to meet agreed upon deadlines

Ensures timely distribution of standard GL reports to corporate and business units

Ensures General Ledger staff is providing financial data and analysis to support Corporate Controller’s local statutory audit requirements

Provide Thought leadership with focus on improving the business process and encourage teams to ideate or identify process improvement opportunities and flag it off to Function leadership.

Leads and Guides team in execution of approved continuous improvement and process improvement opportunities

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 staff

Executes approved remediation of areas not meeting established service level obligations

Participates in special projects as required by the Finance GBS leadership team including initiatives and priorities related to Upskilling, Employee engagement etc.

Interviews, hires, orients, trains, motivates, evaluates, disciplines, and when necessary discharges subordinate personnel in conjunction with the Human Resources and Finance GBS leadership team.

Your Competencies

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

8-10 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. Previous experience managing a team of 5 to 10 members

Attributes

• Strong analytical and critical thinking skills
• Structured, disciplined approach to work with attention to detail
• Ability to work under pressure to meet tight deadlines and flexible to deliver amid uncertainty (e.g., imperfect data, loosely defined concepts, changing priorities)
• Multi-tasker and self-motivated; capable of working under limited or no supervision
• Positive and constructive team player with good communication (verbal/written) and inter-personal skills
• Keenness and aptitude to learn, upskill and mentor in the respective technical domain
• Able to work in a global, multicultural environment

Education & Certifications

A Master’s Degree in Business is required with an emphasis in Accounting or Finance preferred.  Knowledge of Financial Services Industry preferred

Certified Public Accountancy or Charted Accountancy a plus

Shift Timings

Work hours will be from 12:30 PM to 9:30 PM IST (01:30 PM to 10:30PM IST) and may include late hours and/or weekend support – during close.

About Invesco

Invesco is one of the world’s leading global investment management firms. With over 8000 employees focused on client needs, the firm is entrusted with managing over $1 trillion in assets under management. The company is headquartered in Atlanta, GA with regional offices in 25 countries including the GIC in Hyderabad, India.

We are Inclusive. Committed. Progressive.

We are proud to be a firm that achieves more together. One that is focused on doing work that matters. One that gives a voice to every employee. One that genuinely cares.
 

Make a difference every day.

Do what matters and drive your growth.

Our ambition is high. At Invesco, we offer work experiences that will inspire and challenge you. When you join Invesco, you will have opportunities to collaborate with a global team to find the best ideas and solutions for our clients and work together in the continuous pursuit of performance excellence.

We offer competitive and performance-driven compensation that rewards your contributions to our clients’ success.

Join our culture of diversity of thought.

Our culture of inclusivity and its commitment to diversity in the workplace is demonstrated through our people practices.

We are proud to be an equal opportunity employer. No job applicant or employee will be discriminated against because of race, religion, color, sex, sexual orientation, gender, sexual/gender identity, age, disability, pregnancy, national origin, military or veteran status, or any other characteristic protected by applicable law.

Full Time / Part Time

Full time

Worker Type

Employee

Job 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. 

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/