Accounts and Finance Executives

Job Title: Accounts & Finance Executive

Department: Finance & Accounts

Reporting To: Accounts Manager / Finance Head / GM–Finance

Location: Valasaravakkam (Corporate Office)

No of Positions: 2

Salary: Upto Rs.25000/-

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Job Summary:

The Accounts & Finance Executive is responsible for maintaining accurate financial records, processing transactions, managing billing and collections, supporting audits, and ensuring compliance with statutory and organizational financial policies. This role ensures smooth day-to-day accounting and financial operations of the diagnostic and laboratory centre.

Key Roles and Responsibilities:1. Accounting Operations

• Maintain day-to-day accounting entries including cash, bank, journal, and ledger postings.
• Prepare and verify invoices, receipts, and vouchers for accuracy and compliance.
• Record income from laboratory services, radiology, and health packages accurately.
• Manage petty cash transactions and ensure proper documentation and reconciliation.
• Update Tally / ERP systems daily with all financial transactions.

2. Billing and Collections

• Ensure timely billing for all laboratory and scan services.
• Coordinate with front desk and operations teams to reconcile daily collection reports.
• Monitor pending payments and follow up for dues from clients, corporate accounts, or insurance partners.
• Prepare summary reports for daily collections and deposits.

3. Bank and Cash Management

• Prepare daily bank reconciliation statements.
• Monitor and maintain adequate cash flow for operational needs.
• Deposit collections in the designated company bank account on the same day.
• Handle vendor payments and staff reimbursements as per approval.

4. Statutory Compliance

• Assist in the preparation and filing of statutory returns (GST, TDS, PF, ESI, Professional Tax, etc.).
• Maintain compliance records and coordinate with auditors for verification.
• Ensure timely renewal of licenses, registrations, and financial documents as required.

5. Financial Reporting

• Support monthly, quarterly, and annual closing of accounts.
• Prepare MIS reports on revenue, expenses, outstanding payments, and profitability.
• Provide accurate data for internal and external audits.
• Assist in budgeting and forecasting exercises.

6. Vendor & Purchase Coordination

• Verify vendor bills and ensure GRN (Goods Receipt Note) and PO (Purchase Order) compliance.
• Maintain vendor ledger accounts and track outstanding balances.
• Coordinate with the purchase and operations departments for invoice verification and payment processing.

7. Internal Control and Documentation

• Maintain proper documentation for all financial transactions.
• Ensure adherence to company financial policies and internal controls.
• Safeguard confidential financial information of the organization.

8. Support to Management

• Provide financial insights for decision-making to management.
• Participate in financial review meetings and branch audits.
• Recommend cost-saving or efficiency-improving measures when applicable.

Qualifications and Skills Required:

• Education: B. Com / M. Com / MBA (Finance) or equivalent.
• Experience: 2–5 years in Accounts/Finance preferably in Healthcare, Diagnostics, or Hospital industry.
• Technical Skills:
• Proficiency in Tally ERP, MS Excel, and accounting software.
• Knowledge of GST, TDS, and other statutory compliances.
• Soft Skills:
• Strong analytical and problem-solving skills.
• Excellent communication and coordination ability.
• Attention to detail, accuracy, and time management.

Work Timings:

As per centre operations (rotational or general shift).

Location:

Any branch or corporate office of the Diagnostic & Labs Network.

Job Types: Full-time, Permanent

Pay: Up to ₹25,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person