Team Lead_GL&FA_GCC

Experience required: 7 - 12 years

Employment Type: Fulltime

Job Location: Ahmedabad - 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.

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:

As the Assistant General Manager for the Team Lead_GL&FA_GCC, you will be responsible for leading and managing the General Ledger and Financial Accounting team.

You will oversee all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as the development of internal control policies and procedures.

Key Responsibilities:

- Oversee and manage the general accounting functions, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes.

- Manage and supervise the daily operations of the accounting department including month and end-year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc.

- Monitor and analyze accounting data and produce financial reports or statements.

- Establish and enforce proper accounting methods, policies, and principles.

- Coordinate and complete annual audits.

- Provide recommendations for improving the organization's financial performance.

- Implement and monitor the company's financial policies and procedures.

- Oversee the operation of the company's SAP system.

- Manage and track the performance of invested assets in keeping with policies and investment guidelines.

- Liaise with other team leads to ensure all financial reporting deadlines are met.

- Develop and maintain strong relationships with senior leadership to ensure that business strategies are financially viable.

- Provide leadership, direction, and management to the accounting and finance team.

- Ensure compliance with all internal processes and legal standards.

- Keep up with industry trends and changes to accounting rules and regulations.

- Develop and implement strategies for cost savings and financial efficiency.

- Provide training and guidance to team members to ensure understanding of financial processes and procedures.

- Participate in corporate policy development as a member of the senior management team.

- Engage with auditors to ensure appropriate monitoring of company finances is maintained.

- Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Technical Competencies:

- Knowledge of Accounting Principles: Understanding and application of fundamental accounting concepts and standards.

- Accounts Reconciliation: Ability to compare and adjust financial records to ensure accuracy and consistency.

- Cash flow & fund flow management: Expertise in managing the inflow and outflow of funds to maintain financial stability.

- Treasury & Finance: Proficiency in managing an organization's financial assets and liabilities.

- SAP Module Expertise: Skilled in using SAP software for financial processes and reporting.

- Banking & Financial Management: Knowledge of banking operations and financial management practices.

- Finance and Accounting Knowledge / Banking Standards: Comprehensive understanding of finance, accounting, and banking regulations.

- Interpersonal Skills: Ability to effectively communicate and collaborate with team members and stakeholders.

Functional Competencies:

- Business & Commercial acumen: Insight into business operations and the ability to make informed commercial decisions.

- Global Mind-set: Awareness and understanding of global markets and cultural diversity.

- Entrepreneurship: Ability to innovate and drive business growth.

- People Excellence: Skill in managing and developing talent within the organization.

Behavioral Competencies:

- Global Mindset: Ability to operate effectively in a global business environment.

- MS Excel and SAP: Proficiency in using MS Excel and SAP for data analysis and reporting.

- Accounting & Reporting: Expertise in preparing and analyzing financial statements and reports.

- Good Interpersonal Skills: Strong communication and relationship-building abilities.

- MS Office & Stakeholder Management: Competence in using MS Office tools and managing stakeholder relationships.

- People Management: Skill in leading and developing teams.

- Treasury & Finance: Expertise in managing financial resources and strategies.

- Task Management & Collaborative: Ability to manage tasks efficiently and work collaboratively.

- Accounting Standards: Knowledge of and adherence to accounting standards and practices.

- Audit and assurance: Experience in conducting audits and ensuring financial accuracy.

- MIS & Budgeting: Proficiency in managing information systems and budgeting processes.

Required Qualifications:

Education: Post Graduate

Skills: Knowledge of Accounting Principles, Accounts Reconciliation, Cash flow & fund flow mgmt, Treasury & Finance, SAP Module Expertise, Banking & Financial Management, Finance and Accounting Knowledge / Banking Standards, Interpersonal Skills

Behavioral Competencies: Global Mindset, MS Excel and SAP, Accounting & Reporting, Good Interpersonal Skills, MS Office & Stakeholder Management, People Management, Treasury & Finance