Team Lead_GL&FA_GCC
Welspun World
Date: 9 hours ago
City: Ahmedabad, Gujarat
Contract type: Full time
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
Expert Knowledge of Accounting
Job Title
Team Lead_GL&FA_GCC
Job Description
As the Team Lead for General Ledger & Financial Accounting (GL&FA. in the GCC region, the incumbent will be responsible for managing and overseeing the entire financial accounting operations of the organization. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.
Principal Accountabilities
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
Manage and oversee 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.
Ensure the timely reporting of all monthly financial information.
Collaborate with the other finance department managers to support overall department goals and objectives.
Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Advise staff regarding the handling of non-routine reporting transactions.
Respond to inquiries from the director of finance, firm-wide manager, and other finance and firm-wide managers regarding financial results, special reporting requests and the like.
Work with the controller to ensure a clean and timely year-end audit.
Supervise the general ledger group to ensure all financial reporting deadlines are met.
Assist in development and implementation of new procedures and features to enhance the workflow of the department.
Provide training to new and existing staff as needed.
Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
Support controller with special projects and workflow process improvements.
Key Interactions
Top Management,Cross-Functional Collaboration ,Employees,Client Relations ,Auditors,Vendors,Third Party
Experience
5
Competency Name
Competency Name Proficiency Level Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient
Additional Section (Can Be Added, If Required.
Deep Background Verification
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
Expert Knowledge of Accounting
Job Title
Team Lead_GL&FA_GCC
Job Description
As the Team Lead for General Ledger & Financial Accounting (GL&FA. in the GCC region, the incumbent will be responsible for managing and overseeing the entire financial accounting operations of the organization. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.
Principal Accountabilities
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
Manage and oversee 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.
Ensure the timely reporting of all monthly financial information.
Collaborate with the other finance department managers to support overall department goals and objectives.
Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Advise staff regarding the handling of non-routine reporting transactions.
Respond to inquiries from the director of finance, firm-wide manager, and other finance and firm-wide managers regarding financial results, special reporting requests and the like.
Work with the controller to ensure a clean and timely year-end audit.
Supervise the general ledger group to ensure all financial reporting deadlines are met.
Assist in development and implementation of new procedures and features to enhance the workflow of the department.
Provide training to new and existing staff as needed.
Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
Support controller with special projects and workflow process improvements.
Key Interactions
Top Management,Cross-Functional Collaboration ,Employees,Client Relations ,Auditors,Vendors,Third Party
Experience
5
Competency Name
Competency Name Proficiency Level Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient Knowledge of Accounting PrinciplesExpert Accounts Reconciliation Expert Cash flow & fund flow mgmtExpert Treasury & FinanceExpert  SAP Module ExpertiseExpert Banking & Financial ManagementExpert Finance and Accounting Knowledge \/ Banking StandardsExpert Interpersonal SkillsExpert Business & Commercial acumenExpert Global Mind-setExpert EntrepreneurshipProficient People ExcellenceProficient
Additional Section (Can Be Added, If Required.
Deep Background Verification
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