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.
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Job Description
JOB DESCRIPTION
Job Title:
Treasury Associate
Job Code:
Department:
Location:
Hyderabad
Report To:
Team Lead Treasury
Direct Reports:
No
Revised:
April 2024
Job Purpose (Job Summary): A Treasury Associate is a financial professional responsible for managing an organization's monetary operations, including handling its investments, cash flow, and other cash obligations. A typical job description for a Treasury Associate might include the following key duties and skills:
- Understand and manage all aspects of cash flow. Manage day-to day activities in treasury functions to meet the funds financial obligations and repatriation objectives.
- Coordination of property manager's quarterly cash transfers from rent to current accounts. Planning, booking & administration of foreign currency exchange requirements.
- Overview and development of cash flow reporting, forecasting and analysis. Participation to budgeting and cash planning
- Review and recommend changes to the investment policies based on the market conditions.
- Processes and systems - Recommend cash management systems to optimize efficiencies.
- Recommend, implement, and maintain process improvements, procedures, and policies. Ensure corporate and treasury policies are adhered to.
- Coordinate with the team support for transactions (acquisitions, disposals, financing) and other projects as needed:
- Coordination and regular monitoring (updating) of the Funds Flows. Identification and monitoring of Equity / income flows within Fund structure / business plans
- Liaising with internal treasury as well as other departments: - Ensure business plans are properly implemented (income vs equity, financing rate etc.) and address specific issues.
- Validation of the distribution amount by checking cash balances identify variances and prepare variance report.
- Monitor bank and debt covenant compliance in accordance with underlying financing agreements. Conduct benchmark studies of banks and their services to evaluate whether it fits our funds requirements.
- Monitor bank service fees and address quality issues.
- Managing intercompany loan positions (DD/Funding) and set up of controls for funds transfers.
- Collaboration and Support: Work closely with Treasury and Treasury Admin team as well as other departments, such as KYC team, accounting team and Corporate AP team for delivering the excellence our counterparts expect.
- Shared Mailbox Maintenance: Accountable for teams productivity in the payment and authorization mailbox coordinate and delegate where necessary
- Risk Management: Review B-wise reports created by the team on the occurrence of duplicate, missed or delayed payment proactively.
WORK EXPERIENCE / KNOWLEDGE:
- Graduate or MBA in finance with outstanding academic achievements.
- 1-3 years of experience in Real estate Treasury and accounting
- Experience in finance, accounting, real estate, fund administration is added advantage.
- Excellent communication skills.
- Must have strong interests in developing a career in the financial markets.
- Highly adaptable, flexible, and forward-thinking; result oriented.
- With high learning ability and positive curiosity.
- Independent; the ability to take on responsibility as a team member.
- Expertise in MS Office including Advanced Excel, Macros and PowerPoint
SKILLS / OTHER PERSONAL ATTRIBUTES REQUIRED:
- Team player
- Excellent at MS Excel, Power Bi
- Good at Oral and written communication skills
- Open minded, flexible, and willing to listen for other people's opinions.
- Interpersonal skills necessary to effectively communicate over the phone with a variety of individuals at all technical levels are required.
FORMAL EDUCATION: (minimum requirement to perform job duties)
- Bachelor's degree in B.Com.
- MBA in Real Estate from a reputed University is preferred.
Disclaimer: The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. 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. Incumbents may be required to perform other duties as deemed appropriate by the supervisor from time to time.
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/
