BA/SBA_F&A_AR_Ahm

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

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 Title

BA/SBA_F&A_AR_AhmEnsure 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, andaccount 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.

Principal Accountabilities

Ensure timely and accurate review, validation, and processing of incoming receipts to the accounting system, verifying compliance with CNH policies and procedures.Maintain knowledge of TDS and GST regulations, ensuring invoices are properly coded and booked according to the Chart of Accounts.Identify and resolve discrepancies in receipt bookings and providing solutions to facilitate timely processing.Assist in AR Sub-ledger close, prepare and review the provisions , and ensure completion of monthly checklists, providing the data as per MEC.Accurate Collections booking -Domestic & Exports, Clearing the customer line item – Invoice against advance, Cancellation of invoices and Credit Notes/ Debit Notes as per business input.

Key Interactions

Top Management,Mid Management,Junior Management,Cross-Functional Collaboration ,Client Relations ,Employees

Experience

3

Competency Name

Competency Name

Proficiency Level

Accounts Reconciliation Expert CollaborationExpert Accounting Software ProficiencyExpert Communication SkillExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Accounts Reconciliation Expert CollaborationExpert Accounting Software ProficiencyExpert Communication SkillExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient