BA/SBA_Vendor Reconcilations_GCC

Job Title

BA/SBA_Vendor reconcilations_GCC

About Welspun World

Welspun World is one of Indias fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing.

At Welspun, we strongly believe in our purpose to delight customers through innovation and technology, achieve inclusive & sustainable growth to remain eminent in all our businesses. From Homes to Highways, Hi-tech to Heavy metals, We lead tomorrow together to create a smarter & more sustainable world.

About Welspun Entity

Welcome to Welspun Transformation Services Limited (WTSL., where innovation, digital transformation, and customer-centric excellence come together. As part of the Welspun Group, we are at the forefront of automation and business services, working across industries with a focus on cutting-edge technologies such as AI, ML, and RPA. Refer privacy policy - https://welhire.ai/privacy_policy.html. Since our founding in August 2018 with 92 employees, weve grown to over 500 members across multiple locations, showcasing our commitment to operational excellence and inclusivity. At WTSL, we prioritize diversity, with 34% women in our workforce and flexible policies like maternity, paternity, and menstrual leave. Our goal is to increase female representation to 40%. We foster a family-like work environment through initiatives like Fam-Jam and wellness programs, and our Great Place to Work certification highlights our commitment to employee well-being.

Working at WTSL means being part of impactful projects for global clients, while growing professionally through extensive learning opportunities. Join us as we continue our transformational journey, where your ideas and contributions will be valued, and you can make a meaningful impact in the world of business services.

Job Purpose/ Summary

Perform a detailed review of the vendor accounts and Welspun books to identify any open reconciliation points or discrepancies.

Cross-check transaction records, payments, and invoices to ensure all entries are accounted for. 2. Address Discrepancies: Collaborate with stakeholders (finance team, operations, etc.. to resolve any differences found during the reconciliation. Work directly with vendors if necessary to clarify or adjust entries, ensuring alignment between both parties. 3. Close Open Points: Once discrepancies are addressed, update the records to reflect the correct figures.

Ensure that any adjustments are thoroughly documented for future reference. 4. Sign-off Process:Obtain formal sign-off from all parties to confirm the reconciliation is complete and accurate

The Officer in Vendor Reconciliation is responsible for conducting comprehensive reviews of vendor accounts and company financial records to identify and resolve any discrepancies. This role involves cross-verifying transaction records, payments, and invoices to ensure all entries are accurately accounted for. The Officer will collaborate with various stakeholders, including the finance team and operations, to address and resolve any differences found during the reconciliation process. Direct communication with vendors may be required to clarify or adjust entries, ensuring alignment between both parties. Once discrepancies are resolved, the Officer will update records to reflect accurate figures and ensure all adjustments are thoroughly documented for future reference. The role also involves obtaining formal sign-off from all parties to confirm the reconciliations completion and accuracy. The Officer will utilize SAP modules for efficient account management and maintain up-to-date knowledge of accounting principles and standards. This position requires a proactive individual with a keen eye for detail and a strong understanding of accounting principles.

Responsibility

Perform daily vendor account reconciliations to ensure the accuracy and completeness of accounting recordsbr Utilize SAP modules for efficient and effective account management ensuring all processes align with company standardsbr Identify investigate and resolve any discrepancies in vendor accounts maintaining clear communication with relevant stakeholdersbr Prepare and present detailed reports on reconciliation status and results to management providing insights and recommendationsbr Collaborate with other departments to ensure smooth and efficient financial operations promoting crossfunctional teamworkbr Maintain uptodate knowledge of accounting principles and standards applying them to daily tasks and decisionmaking processesbr Use MS Office Excel for data analysis and presentation ensuring clarity and precision in all financial reportsbr Demonstrate strong business and commercial acumen in decisionmaking processes contributing to the companys strategic goalsbr Foster a global mindset by embracing diversity and promoting inclusivity within the team and organizationbr Exhibit entrepreneurship by taking initiative and driving innovation in reconciliation processes and financial operationsbr Strive for people excellence by promoting a positive work environment and encouraging team collaboration and development

Company Name

Welspun Transformation Services Limited

Division

Shared Services

Key Interactions

Top Management,Mid Management,Employees,Client Relations ,Auditors,Vendors

Relevant Work Experience

1 - 5 Years

Relevant Industry

Textile & Apparel

Education-Qualification

Bachelor,Master

Education-Specialization

Accountancy,Finance

Language Proficiency

ENGLISH,HINDI

Certifications

NA

Skill

Accounting & Reporting,Analytical Skills,SAP,MS Office Excel

Competency Names

Business & Commercial acumen, Global Mind-set, Entrepreneurship, People Excellence, Knowledge of Accounting Principles, Accounts Reconciliation , SAP Module Expertise, Computer Skills