Job Description
About Welspun
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
Responsible for leading the Accounts Payable team in managing end-to-end vendor invoice processing, employee reimbursements, and statutory compliance (GST, TDS, MSME.. Ensure timely and accurate vendor and employee payments while adhering to Indian Accounting Standards (Ind AS. and internal controls. Drive process standardization, automation, and efficiency across entities in manufacturing, textiles, iron & steel, and infrastructure sectors. Act as the key liaison with procurement, treasury, operations, and auditors to resolve issues, support month-end closing, and maintain strong vendor relationships.
Job Title
Team Lead – Accounts Payable (GCC Shared Services.
Job Description
Key Responsibilities
Invoice Processing & Compliance
Oversee end-to-end vendor invoice processing (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 duplicate invoice prevention.
Payments & Vendor Management
Review and approve vendor payment runs (F110 / H2H / Wire / ACH..
Monitor vendor ageing, advance payments, and ensure on-time disbursements.
Address vendor queries and resolve disputes in coordination with procurement and plants.
Reconciliations & Reporting
Perform vendor account reconciliations and resolve open items.
Support accruals, month-end closing, and preparation of AP-related MIS and schedules.
Provide reports on DPO, payment accuracy, blocked invoices, and compliance metrics.
Audit & Controls
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.
Process Excellence
Drive process improvement, automation (RPA, OCR, AI tools., and standardization across entities.
Ensure SLAs, KPIs, and accuracy levels are met.
Team Leadership
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
Lead and mentor a team of accounts payable professionals ensuring accuracy compliance and adherence to service level agreements SLAsbrAllocate workload effectively monitor team performance and provide training to enhance team capabilitiesbrOversee endtoend vendor invoice processing ensuring compliance with GST TDS MSME Act and Ind AS requirementsbrMaintain vendor master data integrity and prevent duplicate paymentsbrReview and authorize vendor payment runs including F110 H2H wire ACH and CMS ensuring timely and accurate disbursementsbrMonitor vendor aging and advances handling escalations and vendor queries in collaboration with procurement and plant teamsbrEnsure vendor reconciliations accruals and open item resolution preparing MIS reports and dashboards on AP KPIsbrSupport statutory and internal audit requirements with comprehensive AP schedules and reportsbrDrive process standardization and automation through OCR and RPA and continuous improvement initiativesbrStrengthen internal controls to ensure riskfree accounts payable operationsbrCollaborate with procurement treasury operations and auditors to ensure smooth functioning of accounts payable processesbrSupport monthend and yearend closing activities ensuring all financial operations are completed accurately and on time
Key Interactions
Stakeholder Engagement ,External Agencies,Internal Communication ,Auditors,Vendors
Experience
5
Competency Name
Competency Name Proficiency Level Business & Commercial acumenExpert EntrepreneurshipExpert Global Mind-setExpert People ExcellenceExpert Knowledge of Accounting PrinciplesExpert Invoice ProcessingExpert Payment ProcessingExpert Accounts Reconciliation Expert SAP/ERP Data ManagementExpert  SAP Module ExpertiseExpert Internal AuditExpert Statutory ComplianceExpert Team LeadingExpert Process improvementExpert Stakeholder ManagementExpert Vendor ManagementExpert AutomationProficient Cash Flow & Fund flow managementProficient
Additional Section (Can Be Added, If Required.
NA
