Job
Description
Role & responsibilities 1. Financial Strategy & Planning Develop and execute financial strategies to support institutional growth, academic excellence, and healthcare service expansion. Provide financial insights to the CEO and Board to drive strategic decision-making. Lead the development of long-range financial forecasts and business plans. 2. Budgeting & Financial Control Oversee preparation and management of annual budgets across academic, clinical, and administrative departments. Monitor financial performance, ensuring variances are analyzed and corrective actions taken. Establish cost-control mechanisms and improve operational efficiencies. 3. Accounting & Financial Reporting Ensure timely and accurate monthly, quarterly, and annual financial reporting in compliance with statutory and internal requirements. Oversee finalization of accounts and coordination with internal and external auditors. Ensure compliance with Indian GAAP, IFRS, and other applicable financial standards. 4. Compliance, Audit & Risk Management Ensure compliance with applicable laws, regulations, and accreditation standards (e.g., MCI/NMC, UGC, NABH, NABL). Coordinate statutory and internal audits and address audit findings effectively. Develop and implement financial risk assessment and mitigation strategies. 5. Revenue Cycle & Cash Flow Management Optimize revenue cycle management for hospital services, including billing, collections, and reimbursements. Manage cash flows, investments, and liquidity to ensure financial stability and sustainability. Supervise pricing strategy for services, cost recovery, and margin analysis. 6. CapEx, Infrastructure & Procurement Oversight Support financial evaluation of capital investments, infrastructure projects, and equipment procurement. Collaborate with project teams for timely and cost-effective execution of new facilities and expansion. 7. Financial Systems & Automation Oversee implementation and enhancement of ERP/financial software systems. Promote automation, digitization, and use of analytics in financial planning and reporting. Preferred candidate profile
