Finance Controller (FC)

Job Description

Finance Controller (FC) Job Purpose: To lead, manage, and oversee all financial functions of the organization including budgeting, reporting, compliance, financial planning, investment management, and internal controls across all units of Narayana Nethralaya (NN), associated entities, and trust operations. Key Responsibilities: Financial Planning & Analytics Conduct financial analysis and provide insights to support strategic decision-making. Prepare and present MIS reports - daily, weekly, fortnightly, monthly, half-yearly, and annually. Lead the budgeting process for all NN units and associated entities. Monitor and analyze ROI on medical equipment and investments. Develop strategic financial plans aligned with long-term growth. Accounting & Compliance Oversee general bookkeeping, trial balances, and monthly P&L statements for NN (NN1 to NN4), Eye Banks, Pharmacies, NN Trust, and Grow Lab. Manage and reconcile bank accounts (BRS). Handle all statutory compliance including Income Tax and GST. Liaise with auditors and external agencies for statutory audits and ensure NABH standard. Management Reporting & Controls Set up and manage cost centers and profit centers across all units. Create monthly reports on receivables (e.g., Optical shops, Parking, Canteens, Leases, Rents, Labs). Conduct monthly reviews of pharmacy and optical shop revenues. Analyze monthly income and expenditure statements. Frame and implement policies to ensure checks, balances, and financial oversight. Asset & Inventory Management Manage the asset lifecycle and ensure accuracy in records. Conduct monthly inventory reviews and review supply chain management from a finance perspective. Plan and oversee capital procurement financials. Operational Financial Oversight Supervise the preparation of treatment costing across all procedures and surgeries. Review discounts provided to patients at least monthly and initiate corrective action if required. Monitor NN Trust financials and assist with internal audits. Organizational Development & Staff Oversight Rationalize and allocate staff responsibilities in the Accounts Department. Develop a framework for Delegation of Financial Powers, subject to CMD approval. Review and revise pay structures, including special cases such as maternity leave. Design staff incentive schemes to boost productivity. Cash Flow & Investments Ensure effective cash flow management and forecasting to support hospital operations. Manage investment portfolios and conduct regular (monthly) ROI reviews to maximize returns. Ensure security of cash, financial records, and confidential information. Systems & Process Enhancement Lead the implementation and customization of accounting software (e.g., Tally). Recommend continuous improvements in the finance and accounts ecosystem. Qualifications & Skills: Chartered Accountant (CA) / CPA / MBA in Finance or equivalent. 10+ years of experience in financial leadership roles, preferably in the healthcare sector. Strong analytical, problem-solving, and decision-making skills. Proficiency in Tally ERP and other accounting tools. Excellent interpersonal and communication skills. Proven track record in financial planning, audit, compliance, and systems implementation. Job Experience: 10 Job Location: Rajaji Nagar No. of vacancies: 1