GL & FA_BA_SSC
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.
Job Purpose/ Summary
General Ledger Accounting
Job Title
GL & FA_BA_SSC
Job Description
The Officer in the General Ledger & Financial Accounting department plays a pivotal role in managing and overseeing the daily operations of the accounting department. This position requires a deep understanding of accounting principles and standards, ensuring compliance with financial regulations. The Officer will be responsible for the accurate and timely processing of financial transactions, including month-end and year-end processes. They will collaborate with various departments to support overall financial goals and objectives. The role demands a proactive approach to identifying and implementing process improvements to enhance departmental efficiency. The Officer will also be tasked with preparing financial reports and statements, conducting variance analysis, and ensuring the integrity of financial data. Additionally, they will provide guidance and training to staff, fostering a culture of excellence and continuous development. The ideal candidate will possess strong business acumen, a global mindset, and the ability to adapt to a dynamic financial environment.
Principal Accountabilities
Manage and oversee the daily operations of the accounting department ensuring efficient and accurate processing of financial transactionsbr Conduct monthend and yearend processes including accounts payablereceivable cash receipts and general ledger managementbr Oversee payroll utilities treasury budgeting and cash forecasting activities to ensure financial stability and compliancebr Perform revenue and expenditure variance analysis capital assets reconciliations and trust account statement reconciliationsbr Monitor and analyze accounting data to produce comprehensive financial reports or statementsbr Establish and enforce proper accounting methods policies and principles to maintain financial integritybr Coordinate and complete annual audits providing recommendations for system and procedural improvementsbr Assign projects and direct staff to ensure compliance accuracy and timely completion of financial objectivesbr Support budget and forecasting activities collaborating with department managers to achieve financial goalsbr Advise staff on handling nonroutine reporting transactions and respond to inquiries from finance managersbr Work with the Controller to ensure a clean and timely yearend audit supervising the general ledger groupbr Assist in developing and implementing new procedures to enhance departmental workflow and efficiencybr Provide training to new and existing staff addressing personnel issues and fostering professional developmentbr Support the Controller with special projects and workflow process improvements to drive departmental success
Key Interactions
Top Management,Mid Management,Cross-Functional Collaboration ,Employees,Client Relations ,Auditors,Vendors
Experience
4
Competency Name
Competency Name Proficiency Level Knowledge of Accounting PrinciplesExpert Accounting Knowledge \/ Accounting StandardsExpert Accounting Knowledge \/ Accounting Standards \/ Taxes \/ AuditsExpert Financial Accounting & ReportingExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient
Additional Section (Can Be Added, If Required.
NA