SME Customer Reconcilation

Welspun World

Ahmedabad District

On-site

INR 500,000 - 700,000

Full time

2 days ago

Be an early applicant

A complete application in a minute

Tailored resume and cover letter, ready to send.

Get past ATS filters

Job summary

Welspun Transformation Services Limited seeks an SME for Customer Reconciliation to manage end-to-end reconciliation of customer accounts and ensure accurate payment matching. You will resolve billing discrepancies and support collections while upholding accounting controls.

Coordination with Sales, Accounts Receivable, and internal teams is essential to prepare detailed reconciliation statements and ageing reports for timely decision making.

Qualifications

5–8 years of experience in accounts receivable or reconciliation.
Post Graduate or Undergraduate degree in Finance or Commerce.
Strong knowledge of SAP and IT applications.

Responsibilities

Perform regular reconciliation of customer accounts and ageing reports.
Match customer payments and invoices to ensure accuracy.
Investigate discrepancies and support collections with internal teams.
Prepare customer-wise reconciliation statements for management review.
Maintain records to support audit and compliance requirements.

Skills

Stakeholder management

Leadership

Team management

Communication

Presentation skills

Education

Post Graduate

Under Graduate

Tools

SAP and IT Applications

Job description

Job Description:

Job Title

SME Customer Reconcilation

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

Manage end-to-end customer account reconciliation activities by ensuring accurate payment matching, resolving billing and payment discrepancies, monitoring outstanding receivables, supporting collections, and maintaining compliance with accounting policies to ensure timely closure of open items. Manage end-to-end customer account reconciliation activities by ensuring accurate payment matching, resolving billing and payment discrepancies, monitoring outstanding receivables, supporting collections, and maintaining compliance with accounting policies to ensure timely closure of open items.

Job Description

The role is responsible for managing end-to-end customer account reconciliation activities to ensure accuracy of receivables and timely resolution of outstanding issues. The incumbent will perform regular reconciliation of customer accounts, match payments against invoices, investigate payment discrepancies, and prepare customer-wise reconciliation statements and ageing reports. The position involves close coordination with customers, Sales, Accounts Receivable, and internal stakeholders to resolve account variances, clear disputed balances, and ensure timely collection of outstanding dues. Additionally, the role will support month-end and year-end closing activities, prepare MIS reports related to receivables and collections, maintain accurate transaction records, and ensure compliance with company accounting policies, procedures, and audit requirements. The objective is to improve receivable accuracy, enhance cash flow management, and ensure timely closure of reconciliation items while maintaining high standards of financial control and customer service.

Responsibility

Perform regular reconciliation of customer accounts and outstanding balances to ensure accuracy and compliance
Match customer payments and receipts against invoices and accounting records to maintain financial integrity
Identify and investigate discrepancies short payments excess payments and unapplied receipts to resolve issues promptly
Prepare detailed customerwise reconciliation statements and ageing reports for management review
Follow up with customers regarding outstanding payments and account discrepancies to facilitate timely resolution
Coordinate with Sales Accounts Receivable and other internal teams to address and resolve reconciliation issues effectively
Maintain accurate records of customer transactions and reconciliation activities to support audit and compliance requirements
Assist in clearing old and disputed outstanding balances to improve cash flow and financial reporting
Prepare Management Information System (MIS) reports related to receivables collections and reconciliations for strategic decision-making
Ensure timely closure of reconciliation items and follow up on pending issues to maintain operational efficiency
Support month-end and year-end closing activities to ensure accurate financial reporting
Maintain proper documentation and comply with company accounting policies and procedures to uphold financial standards