Accounts Payable Specialist

Employment Type: A Experience required:2 to 4 years Employment Type:Fulltime Job Location: Ahmedabad About Company 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 Business 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. Role Summary : The Officer in the Accounts Payable department plays a crucial role in ensuring the accuracy and timeliness of vendor invoice processing. This position requires a meticulous approach to posting various types of invoices, including advances, conditional, raw material, non-PO, and LC entries, in compliance with Indian Accounting Standards. The role demands maintaining daily productivity and adhering to CTQ quality standards while supporting month-end closures. The Officer must efficiently handle peak volumes, including working during weekends if necessary, to ensure seamless operations. Collaboration with internal and external stakeholders is essential to resolve discrepancies and prevent delays. The role also involves contributing to audit compliance and process improvement initiatives, with a focus on exploring automation opportunities. A strong understanding of SAP modules and effective time management skills are critical for success in this position. Key Responsibilities : Process vendor invoices accurately and on time ensuring compliance with accounting standards TDS GST and GCC policiesbrValidate invoices against purchase orders contracts and supporting documents resolving discrepancies to prevent delaysbrPerform advance clearing manage invoice holds and follow up on the reconciliation of the AP subledger with supporting schedulesbrAssist in the preparation of accruals reconciliations and completion of monthend closing checklistsbrRespond to vendor and internal stakeholder inquiries ensuring timely resolution and effective communicationbrMaintain daily productivity targets with quality posting as per CTQ requirementsbrSupport audit compliance and process improvement initiatives including exploring automation opportunitiesbrProvide additional support during peak invoice volumes and monthend closures including working on weekends when needed Technical Competencies : Invoice Processing : Expertise in accurately and efficiently processing various types of vendor invoices in compliance with accounting standards. Collaboration : Ability to work effectively with internal and external stakeholders to ensure smooth invoice processing and issue resolution. SAP Module Expertise : Proficient in using SAP modules for managing accounts payable processes and ensuring data accuracy. Attention to detail : Meticulous in reviewing invoices and related documents to ensure accuracy and compliance with policies. Time Management : Efficiently manages time to meet daily productivity targets and deadlines, especially during peak periods. Process Adherence : Strictly follows established processes and guidelines to ensure compliance and quality in invoice processing. Accounts Reconciliation : Skilled in reconciling accounts payable subledger with supporting schedules to ensure accuracy. Communication Skill : Effectively communicates with vendors and stakeholders to resolve inquiries and discrepancies promptly. Functional Competencies : Business & Commercial acumen : .