Welspun World
Website:
welspun.com
Job details:
Job Title
BA/SBA_F&A_AR_Ahm
About Welspun World
Welspun World is one of India's 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, we've 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
Person will be responsible for Posting of Collection Entries and clearing the customer line item - Invoice against advance, Need to ensure there will be no old ageing open in Customer account. Ensuring accurate and timely processing of invoices, monitoring incoming payments, and securing revenue by accurately posting receipts in books, account reconciliations and resolving any discrepancies.
Job Description
Ensure accurate and timely processing of invoices and monitor incoming payments. Manage and oversee the daily operations of the AR department including invoice processing, payment processing, and
account reconciliation.
Knowledge of TDS & GST.
Secure revenue by verifying and posting receipts and resolving any discrepancies.
Maintain accurate records and control reports for all AR transactions.
Use accounting software and MS Excel to process business transactions and compile reports.
Collaborate with other departments to ensure billing accuracy.
Address and respond to customer inquiries regarding invoices and payments.
Ensure compliance with accounting principles and company procedures.
Participate in financial audits and implement audit recommendations.
Contribute to team efforts by accomplishing related results as needed.
Drive operational excellence and continuous improvement in the AR process.
Handle refund processes efficiently and effectively.
Demonstrate a global mindset and entrepreneurial spirit in all tasks and projects.
Foster a culture of people excellence within the team.
The candidate should have a strong financial and commercial acumen, with a deep understanding of accounting principles and proficiency in accounting software.
The candidate should also have excellent problem-solving skills, be a team player, and have a strong focus on customer service.
Responsibility
Ensure the timely and accurate review validation and processing of incoming receipts into the accounting system verifying compliance with company policies and proceduresbr Maintain a comprehensive understanding of TDS and GST regulations ensuring that invoices are properly coded and booked according to the Chart of Accountsbr Identify and resolve discrepancies in receipt bookings providing effective solutions to facilitate timely processingbr Assist in the Accounts Receivable Subledger close by preparing and reviewing provisions ensuring the completion of monthly checklists and providing data as per the Monthly End Close MEC requirementsbr Accurately book collections for both domestic and export transactions ensuring the clearing of customer line items by matching invoices against advancesbr Manage the cancellation of invoices and the issuance of Credit NotesDebit Notes as per business inputs ensuring all actions are documented and compliant with company policies
Company Name
Welspun Transformation Services Limited
Division
Shared Services
Key Interactions
Top Management,Mid Management,Junior Management,Cross-Functional Collaboration ,Client Relations ,Employees
Relevant Work Experience
3 - 7 Years
Relevant Industry
FMCG,Food and Beverage Industry,Telecommunications Industry,Textile & Apparel,Iron & Steel,Retail Industry,Accounting / Auditing
Education-Qualification
Professional
Education-Specialization
CA,Chartered Accountant
Language Proficiency
ENGLISH,HINDI
Certifications
NA
Skill
Business Acumen,Commercial Acumen,Problem solving,Global Mindset,People Management,Customer Relationship Management,Team Player,Refund Process,Operational Excellence,MS Excel and SAP,Accounting & Reporting,SAP
Competency Names
Accounts Reconciliation , Collaboration, Accounting Software Proficiency, Communication Skill, Business & Commercial acumen, Global Mind-set, Entrepreneurship, People Excellence
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