BA/SBA_Vendor reconcilations_GCC

About Welspun
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.

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 Title
BA/SBA_Vendor reconcilations_GCC

Job Description
As an Officer in the Vendor Reconciliations department, you will be responsible for managing and executing all aspects of vendor account reconciliations. This role requires a strong understanding of accounting principles and the ability to work with SAP modules. You will be expected to demonstrate a high level of computer literacy, particularly in MS Office Excel.

Principal Accountabilities
Perform daily vendor account reconciliations to ensure accuracy and completeness of accounting records.

Utilize SAP modules for efficient and effective account management.

Identify, investigate, and resolve any discrepancies in vendor accounts.

Prepare and present reports on reconciliation status and results.

Collaborate with other departments to ensure smooth and efficient financial operations.

Maintain up-to-date knowledge of accounting principles and standards.

Use MS Office Excel for data analysis and presentation.

Demonstrate strong business and commercial acumen in decision-making processes.

Foster a global mindset, embracing diversity and promoting inclusivity.

Exhibit entrepreneurship by taking initiative and driving innovation.

Strive for people excellence by promoting a positive work environment and encouraging team collaboration.

This role requires a proactive individual with a keen eye for detail and a strong understanding of accounting principles. The ideal candidate will have a global mindset and the ability to work effectively in a fast-paced, dynamic environment.

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

Experience
1

Competency Name
Competency Name
Proficiency Level
Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert SAP Module ExpertiseProficient Computer SkillsProficient