Director, RTR
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 regulatory & financials reporting requirements. Understands US GAAP and ensures proper accounting treatment of financial transactions. This team supports financial reporting and accounting across North America, Europe, and Asia-Pacific regions.
Your Role
- Lead and manage the finance process for a global organization, leveraging a strong working knowledge of accounting and financial systems, with preferred experience in Oracle.
- Oversee the review of quarterly and annual financial statements, coordinating internal stakeholders and external reviewers to ensure accuracy, completeness, and compliance.
- Communicate and interpret financial results, process matters, and evolving accounting guidance to senior management in a clear and actionable manner.
- Manage relationships with external auditors, addressing financial statement and accounting matters to ensure timely resolution and alignment on accounting positions, disclosures, and judgments.
- Ensure the timely and accurate delivery of financial services in accordance with US GAAP and agreed Service Level Agreements (SLAs).
- Maintain a comprehensive understanding of accounting treatments for all finance services delivered by the Hyderabad Shared Services Center (SSC), including but not limited to RTR, CTR, FP&A, PTP, OTC, and Tax.
- Ensure execution of SSC finance operations in line with SLAs, encompassing journal entries, balance sheet reconciliations, variance analysis, SOX and audit compliance, and ad-hoc reporting to support accounting inquiries.
- Provide operational leadership to Supervisors, setting priorities and ensuring awareness of critical deadlines, policy updates, and procedural changes.
- Collaborate with global finance teams to identify continuous improvement opportunities and communicate enhancement initiatives to relevant product and process owners.
- Support Global Business Services (GBS) transition initiatives, including migration of additional general ledger services to Hyderabad SSC through transition planning, training material development, SLA creation, and stabilization support.
- Review, provide input, and formally approve finance desktop procedures documented by the Hyderabad SSC team.
- Direct the finance team in executing remediation plans for service-level gaps identified and approved through the Customer Council.
- Serve as the initial escalation point for operational and process issues, working collaboratively with teams to resolve matters effectively.
- Participate in special projects as required by the Director of Hyderabad SSC & end-to-end process leads, including strategic initiatives and systems implementations.
- Lead, coach, and mentor a highly experienced finance management team, fostering professional development and performance excellence.
- Establish and cascade goals aligned with organizational and management priorities, ensuring accountability and execution.
- Demonstrate experience managing and developing mid-level management personnel within a shared services environment.
- Partner with SSC leadership on talent management, including interviewing, hiring, onboarding, training, performance evaluation, disciplinary actions, and workforce planning.
- Ensure timely completion of performance reviews, annual increment cycles, and approval of employee timesheets.
The Experience You Bring
- 18+ years of finance experience, specifically in Close-to-Report, Record to report & Tax 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 expertise in finance process and managing a team of highly experienced of professional team. Experience managing teams of 40-60 members.
Academic requirements
- A Bachelor’s Degree in Accounting & commerce is required with an emphasis in Accounting or Finance preferred. Knowledge of Financial Services Industry preferred.
- Certified Public Accountancy or Charted Accountancy Highly Preferred
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.
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/