BA Customer Reconcilation
Welspun World
BA 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.
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 completenessbr Match customer payments and receipts against invoices and accounting records to maintain uptodate financial informationbr Identify and investigate discrepancies short payments excess payments and unapplied receipts to resolve issues promptlybr Prepare detailed customerwise reconciliation statements and ageing reports for management reviewbr Follow up with customers regarding outstanding payments and account discrepancies to facilitate timely collectionsbr Coordinate with Sales Accounts Receivable and other internal teams to resolve reconciliation issues efficientlybr Maintain accurate records of customer transactions and reconciliation activities to support audit and compliance requirementsbr Assist in clearing old and disputed outstanding balances to improve cash flow and reduce aged receivablesbr Prepare MIS reports related to receivables collections and reconciliations to provide insights into financial performancebr Ensure timely closure of reconciliation items and follow up on pending issues to maintain financial integritybr Support monthend and yearend closing activities to ensure accurate financial reportingbr Maintain proper documentation and comply with company accounting policies and procedures to uphold financial standards
Company Name
Welspun Transformation Services Limited
Division
Shared Services
Key Interactions
Internal Communication ,External Communication ,Vendor Management
Relevant Work Experience
3 - 5 Years
Relevant Industry
Manufacturing Industry
Education-Qualification
Post Graduate,Bachelor
Education-Specialization
Finance
Language Proficiency
ENGLISH,HINDI
Certifications
NA
Skill
Attention to Detail,Problem solving,Analytical Thinking,Teamwork and Collaboration
Competency Names
 SAP Module Expertise, Data Analysis and Reporting, Account Management, Financial Analysis, Business & Commercial acumen, Entrepreneurship, Global Mind-set, People Excellence