performance-tests

Finance Controller

8 - 12 years

20 - 25 Lacs

Posted:4 months ago| Platform: Naukri logo

AI Match Score
Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

Specific Responsibilities

To ensure that the hospital remains in sound financial state at all time through Financial Planning Foresight, checks and controls on financial activities of the hospitals.

  • Responsible for all revenue collection generated through Hospital and non-hospital operations.
  • To ensure that the revenue expenditure is well planned and is with in the budgetary limit.
  • Responsible for Preparation of Budget, periodical Income, Cash Flows & Bank reconciliation etc.
  • Ensure payments to vendors, contractors, Suppliers as per the laid down policy and maintain proper records of payments
  • Responsible for daily cash collection, deposit in bank.

  • Responsible for carrying out audit by the authorised auditors nominated by the management, payment of taxes maintaining records and settling of outstanding issues within the specific period.
  • Preparation initial tariff structures keeping in view locals rates and get targets and Revision of patient tariff rates periodically as directed by the management.

  • Ensure disbursement of monthly salaries and wages to the employees of the Hospital and to the contract workers as per the policy.

  • Preparation of Capital Expenditure Budget for the forthcoming financial year.

  • Development of financial software with the Manager MIS and software provider.

  • Responsible for all Income Tax matters and TDS. Filing annual returns of Income Tax. Responsible for recovery of taxes as applicable for the various contractors and service providers.
  • Responsible for the calculation of Hospital Consultants monthly share of revenue and payment of their monthly share as per the management policy by due date after deduction of TDS and other statutory deductions. Presentation of periodical reports to the management on the revenue earning of the consultants.

  • Various MIS Reports
  • Assessment of each Revenue earning Department of the Hospital as independent profit centre and presenting such reports each quarter to the management.

Key Performance Indicators

  • EBITA (Earning before interest tax amortization) > + VE

  • Budget Variance = + 10 %

  • ROCE (Return of Capital Employed)> 10 %

  • Cash Loss = 0

  • Write off (Rs.) = 0

  • Outstanding Debt (> 30 days) = 0

  • Stock Variance Mat yield variance = + / -2 %

  • Current Ratio (Current Asset /liability) = 2:1

  • Financial Audit Controls variance = 0

  • Fund Flow = + ve

  • Penalties paid on statutory compliances = 0

  • NOPAT (Net Operating Profit after taxes)

Cost of Capital = Invested x WACC (Weighted average

cost capital)

EP = NOPAT Cost of capital

  • Interest Paid on Loans / Mortgages =

  • Cost Centre Revenue Variances = 0 (HMS)

Internal Interfaces HR, Billing, Corporate & TPA, Operation

External Interfaces Venders,

EXPERIENCE PROFILE

Experience 6 –10 years of experience

Formal Qualifications C.A

Technical Competencies Fund Management, ability to update market financial Information, Project Financing, Liasioning skills, knowledge of Direct & indirect taxes, Knowledge of companies Act., ability to identify cost reduction avenues, knowledge of business process, Anticipating change in laws, Knowledge of accounting standards knowledge of statutory obligation, designing internal control, computer skills etc.

Personal Attributes / Skills Analytical Skills

  • Result Orientation
  • Punctual & Responsible

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
WOW Softech logo
WOW Softech

Software Development

San Francisco

RecommendedJobs for You

Kolkata, West Bengal, India

Pune, Maharashtra, India

Sholinganallur, Chennai, Tamil Nadu