Account Executive

Role & responsibilities

The Account Executive will be responsible for managing day-to-day accounting operations, maintaining accurate financial records, assisting in budget preparation, ensuring compliance with hospital financial policies, and supporting audits. The role requires precision, confidentiality, and a thorough understanding of healthcare financial processes.

Key Responsibilities:

1. Accounting & Financial Management

• Record and verify daily financial transactions in the hospitals accounting system.
  
• Prepare journal entries, ledgers, and trial balances.
  
• Reconcile bank statements, vendor accounts, and patient billing accounts.
  
• Process and verify payments to suppliers, consultants, and service providers.
  
• Maintain accounts receivable/payable records and ensure timely collections and disbursements.
  

2. Billing & Revenue Management

• Coordinate with billing and insurance departments for accurate patient billing and claim settlements.
  
• Review billing data for accuracy and resolve discrepancies.
  
• Support in monitoring revenue inflows and follow-up on outstanding dues.
  

3. Financial Reporting

• Assist in preparing monthly, quarterly, and annual financial statements.
  
• Support in the preparation of financial reports for management and auditors.
  
• Maintain and update fixed asset registers and depreciation schedules.
  

4. Budgeting & Cost Control

• Assist in the preparation of annual budgets and expenditure forecasts.
  
• Monitor departmental expenses and highlight variances from the budget.
  
• Support in implementing cost control measures.
  

5. Compliance & Audit

• Ensure adherence to hospital financial policies, statutory laws, and accounting standards.
  
• Prepare and organize documentation for internal and external audits.
  
• Support in filing of tax returns (GST, TDS, etc.) and other statutory compliance.
  

Qualifications & Skills:

• Education:

  B.Com / M.Com / MBA (Finance) / CA (Inter) or equivalent.

• Experience:

  2–5 years of experience in accounting, preferably in a hospital or healthcare organization.

• Technical Skills:

• Proficiency in Tally / SAP / ERP accounting systems.
  
• Strong Excel and MS Office skills.
  

• Other Skills:

• Excellent attention to detail and accuracy.
  
• Good communication and interpersonal skills.
  
• Ability to handle confidential financial data responsibly.
  
• Strong analytical and problem-solving ability.

Preferred candidate profile