Invesco
Assistant Controller

Location(s): Dallas, Texas
Time Type: Full-time
Posted: May 13, 2024
Job Requisition ID: R-6633

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:

The Department:

The Invesco Private Markets (IPM) accounting team is responsible for administration or oversight of the administration of private credit investment portfolios, fund financial reporting, management of the fund treasury process, coordination of annual audits, and coordination and review of investor and fund level tax filing requirements for private equity and private credit funds.

The IPM accounting team supports the Invesco, Ltd. (“Invesco”) corporate accounting team with respect to the consolidation of the Invesco CLO Equity Funds and the Invesco-sponsored CLOs that the Funds invest in. The support includes pro forma financial statements and data for the CLOs, as well as calculations and support for related disclosures in the Invesco, Ltd. SEC filings.

Your Role:

The Assistant Controller is responsible for certain aspects of financial reporting and oversight of the valuation process and controls for the private credit funds. Additional responsibilities include supporting other functions related to the oversight of the operations of the private funds including accounting, financial reporting, and fund operations. The Assistant Controller reports to the fund controller and works with the portfolio management, operations, and fund accounting team. The Assistant Controller also works closely with the Invesco corporate accounting team to complete the consolidation of applicable CLOs.

You Will Be Responsible For:

CLO Equity Funds and other private credit funds:

• Serving as the primary contact for the CLO portfolio management team, providing fund and investment related data and conducting fund operations as instructed by the portfolio managers and operations teams.
• Oversight of daily operations of the CLO Equity Funds and other assigned funds, such as capital calls, management of the lines of credit, distributions, information requests, and special projects.
• Overseeing third party service providers for the quarterly reporting for the Funds and the annual audits.
• Working with other departments on the acquisition and disposition of portfolio investments as appropriate.
• Demonstrating leadership skills by volunteering for special projects in the department.
• Other duties as assigned.

Consolidation of CLOs and CLO Equity Funds:

• Serving as the primary contact for the Invesco, Ltd. corporate accounting team for matters related to the consolidation of the CLOs and CLO equity funds.
• Overseeing third party service providers that provide data and analysis for the consolidation of the Invesco CLOs.
• Coordinating responses to auditor requests related to the consolidated CLOs, including the related disclosures.
• Overseeing or otherwise completing the data analysis for disclosures related to the CLOs consolidated by Invesco Ltd.
• Assisting the fund accounting team with the coordination, preparation, and timely completion of all audit reports for the funds.
• Assisting the Invesco, Ltd. corporate accounting team in reviewing the consolidation files, support therefor, and other analysis required by the corporate accounting team for the consolidated financial statements and disclosures included in the 10Qs and 10K.

The Experience You Bring:

• Six (or more) years of related work experience, and at least three years of experience with valuations of private credit and private equity investments.
• Bachelor’s degree in Finance/Accounting
• Background in Public Accounting or private investment fund administration sought for position. CPA preferred.
• Proficient in Microsoft Office, in particular Microsoft Excel in which proficiency is required.
• Interpersonal skills necessary to communicate effectively with a variety of individuals including both internal and external contacts
• Excellent verbal and written communication skills; Self-motivated, organized and flexible

Worker Type:

• Employee

Job Exempt (Yes / No):

• Yes

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.

What’s in it for you?

Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. 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. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco's culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment. 

About Us:

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, smart colleagues, and a global employer with a social conscience, explore your potential at Invesco.