Team Lead Accounts Payable

Job Description: Welspun World is a rapidly growing global conglomerate with diverse businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing. At Welspun, the focus is on delighting customers through innovation and technology, striving for inclusive & sustainable growth, and leading towards a smarter and more sustainable world. Key Responsibilities: - Oversee end-to-end vendor invoice processing including PO/Non-PO, 2-way/3-way match. - Ensure compliance with GST, TDS, MSME Act, and input tax credit rules. - Manage vendor master data accuracy and prevent duplicate invoices. - Address vendor queries and resolve disputes in coordination with procurement and plants. - Perform vendor account reconciliations and resolve open items. - Support accruals, month-end closing, and preparation of AP-related MIS and schedules. - Ensure adherence to Ind AS, Companies Act, and internal audit requirements. - Support statutory, internal, and GST audits with AP-related data and schedules. - Implement and monitor internal controls for AP processes. - Drive process improvement, automation (RPA, OCR, AI tools), and standardization across entities. - Ensure SLAs, KPIs, and accuracy levels are met. - Lead, mentor, and motivate the AP team in a Shared Services environment. - Allocate work, monitor performance, and ensure service quality. - Act as escalation point for vendor, business, and auditor queries. Principal Accountabilities: - Allocate workload, monitor performance, and provide training to enhance team capability. - Oversee end-to-end vendor invoice processing including PO/Non-PO, 2-way/3-way match. - Ensure adherence to GST, TDS, MSME Act, and Ind AS requirements. - Monitor vendor ageing, advances, and ensure timely and accurate disbursements. - Handle escalations, vendor queries, and collaborate with procurement/plant teams. - Ensure vendor reconciliations, accruals, and open item resolution. - Prepare MIS reports and dashboards on AP KPIs (DPO, ageing, blocked invoices, accuracy). - Support statutory and internal audit requirements with AP schedules and reports. - Drive process standardization, automation (OCR, RPA), and continuous improvement initiatives. - Strengthen internal controls and ensure risk-free AP operations. - Liaise with procurement, treasury, operations, and auditors for smooth functioning of AP. - Support month-end and year-end closing activities. Key Interactions: - Stakeholder Engagement - External Agencies - Internal Communication - Auditors - Vendors,