Specialist, OTC

Specialist, OTC

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

Who we are

 

With over $1.58 trillion of assets under management, Invesco is one of the world’s leading global investment management firms, headquartered in Atlanta, GA. Spreading across 26 countries and with over 8400 dedicated employees, we are driven by trust and care. As one of the world’s leading asset managers, we are solely dedicated to delivering an investment experience that helps people get more out of life. If you're looking for challenging work, thoughtful colleagues, and a global employer with social values, explore your potential at Invesco.

 

Your Team

 

Global Business Services - Accounts Receivable (Hyderabad)

Accounts Receivable professional is responsible for maintaining customer records, processing management fee invoices, and cash applications for the outstanding payments received from the Customers. 

 

Your Role

 

• Posting customer checks and wire payments against open invoices
• Generate monthly, quarterly bills & has sound knowledge of billing process
• Setting up and maintenance of customer records into financial system
• Un-apply and reapplication for the invoice revisions
• Sound knowledge of cash applications and process
• Research on unidentified and credits on account payments and follow-up resolution
• Research on unbilled accounts and follow-up resolution
• Reconcile daily, monthly cash postings and aged receivables
• Prepare daily cash reconciliation packets and bill compare reports for the generated bills
• Capable enough to handle the other sub-processes, preliminary reports, and assist on AR collections process and adhoc requests that are received to the respective distribution emails
• Assist senior team member in preparing the process documentation (SOP, Process Maps etc.)
• Meeting process SLA’s on consistent basis
• Adhering to SOX and Internal Controls of the Process and Organization
• Ownership of manual trackers (issue & error log, volume, & exception trackers etc.)
• Record Errors; prepare root cause analysis, corrective action and preventive measure for the process errors.
• Answers customer and business inquiries over phone and email.
• Support senior team member to monitor SLA and daily deliverables
• Contribute to continuous improvements of process
• Candidate should possess E2E AR knowledge 

 

The Experience You Bring

 

·        

• 6-7 years of experience in Billing and cash application
• Must have strong accounting and financial principles
• Excellent organizational and communication skills
• Achieve excellence through strong execution
• Ability to work well under pressure, handle multiple tasks and meet deadlines
• Attention to detail and accuracy
• Demonstrate collaboration and teamwork
• Promotes Innovation and Continuous improvement
• Must be able to utilize computer equipment and software, specifically spreadsheet applications
• Good Knowledge of MS Excel
• Good verbal & written skills.

 

Academic requirements

 

A Bachelor’s degree or MBA in Accounting or Finance is required

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

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/ 

Experience Level

Entry Level