Maintain accurate records of hospital financial transactions.Prepare financial statements, including income statements, balance sheets, and cash flow reports.Ensure all records comply with accounting standards and healthcare regulations.

2. Budgeting & Forecasting

Assist in preparing annual budgets for departments and overall hospital operations.Monitor budget performance and identify variances for corrective actions.Forecast revenues and expenditures based on patient volumes and service utilization.

3. Billing & Revenue Cycle Support

Coordinate with billing and insurance teams to ensure accurate invoicing and revenue capture.Monitor accounts receivable and ensure timely collection of dues from patients and insurance providers.

4. Cost Analysis & Financial Planning

Analyze cost structures of services and recommend ways to improve efficiency and reduce expenses.Evaluate profitability of hospital departments and services.

5. Audit & Compliance

Ensure compliance with internal controls, tax regulations, and healthcare financial policies.Prepare and support internal and external audits.Implement corrective actions based on audit findings.

6. Payroll & Vendor Management

Oversee payroll processing and ensure accuracy in salary disbursement.Track and process payments to vendors and manage hospital procurement finances.

7. Liaison with Management

Provide financial insights and reports to hospital leadership for strategic planning.Participate in meetings and contribute to decisions involving financial operations.

Qualification

MBA Finance

Department

Hospital

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Billing & Insurance accountant