BA SBA_Vendor Reconcilations_GCC

Welspun World; Ahmedabad District; On-site; INR 600,000 - 900,000; Full time

Job summary

Welspun Transformation Services Limited invites applications for the role of BA/SBA_Vendor reconciliations_GCC. The officer will review vendor accounts, cross-check transactions, payments, and invoices to identify discrepancies, and work with finance and operations to resolve them.

The position requires SAP experience, strong accounting knowledge, and proficiency in MS Excel. You will prepare reports, obtain sign-offs, and ensure accurate records while contributing to global finance operations.

Qualifications

• Bachelor's or master's degree in accounting or finance.
• Experience in vendor reconciliations and SAP preferred.
• Strong analytical and reporting skills.

Responsibilities

• Perform daily vendor account reconciliations for accuracy.
• Utilize SAP to manage accounts and reconciliations.
• Identify, investigate, and resolve discrepancies with stakeholders.
• Prepare detailed reconciliation reports for management.
• Collaborate across departments to ensure smooth financial operations.
• Maintain up-to-date accounting knowledge and standards.
• Use MS Excel for data analysis and presentation.
• Ensure timely sign-off and documentation of adjustments.

Skills

Accounting & Reporting

Analytical Skills

Education

Bachelor

Master

Tools

SAP

MS Office Excel

Job description

Job Description:

Job Title

BA/SBA_Vendor reconcilations_GCC

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-centered 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

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

Job Description

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 reconciliation's 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 records
• Utilize SAP modules for efficient and effective account management ensuring all processes align with company standards
• Identify investigate and resolve any discrepancies in vendor accounts maintaining clear communication with relevant stakeholders
• Prepare and present detailed reports on reconciliation status and results to management and other departments
• Collaborate with other departments to ensure smooth and efficient financial operations promoting crossfunctional teamwork
• Maintain uptodate knowledge of accounting principles and standards applying them to daily tasks and decisionmaking
• Use MS Office Excel for data analysis and presentation ensuring clarity and precision in all reports
• Demonstrate strong business and commercial acumen in decisionmaking processes contributing to the companys financial health
• Foster a global mindset by embracing diversity and promoting inclusivity within the team and organization
• Exhibit entrepreneurship by taking initiative and driving innovation in reconciliation processes
• Strive for people excellence by promoting a positive work environment and encouraging team collaboration

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