Finance Manager

Job Title: Finance Manager
Department: Finance & Accounts
Location: ITM Hospital and Research Centre, Gwalior
Job Type: Full-time
Salary Range: ₹35,000 – ₹70,000 per month (based on experience and qualifications)
Work Mode: In-person
Schedule: Day shift

Job Summary

The Finance Manager will be responsible for overseeing all financial operations of the hospital, including budgeting, financial planning, accounting, audits, statutory compliance, and financial reporting. The role demands strong financial acumen, leadership ability, and strategic insight to manage and improve the financial health of the organization.

Key Responsibilities

• Financial Planning & Budgeting: Prepare annual budgets, financial forecasts, and long-term plans. Monitor budget utilization and recommend corrective actions.
• Accounts Management: Oversee daily accounting operations including general ledger, accounts payable/receivable, and bank reconciliations.
• Revenue Monitoring: Track all hospital revenues, including OPD/IPD billing, TPA, insurance, and government schemes to ensure accuracy and timely deposits.
• Cost Control: Monitor expenditures, control costs, and suggest ways to improve financial efficiency across departments.
• Audit & Compliance: Ensure statutory and internal audit readiness. Coordinate with auditors and ensure compliance with tax laws, GST, TDS, PF, ESIC, and other regulations.
• Financial Reporting: Prepare monthly, quarterly, and annual financial statements and reports for management and stakeholders.
• Cash Flow Management: Monitor and manage cash flow to ensure adequate liquidity for hospital operations.
• Vendor Payments: Review and authorize payments to vendors, consultants, and service providers in coordination with procurement and admin departments.
• Payroll Coordination: Collaborate with the HR department for salary disbursement and reconciliation.
• Policy Implementation: Develop and implement financial policies, procedures, and internal controls.
• Team Leadership: Supervise and mentor the finance and accounts team, ensuring timely work delivery and adherence to policies.

Qualifications & Skills

• Education: B.Com/M.Com/MBA (Finance) or CA Inter/CA/ICWA.
• Experience: Minimum 5–8 years of relevant experience in finance/accounting, preferably in a hospital or healthcare setting.
• Technical Skills: Proficiency in accounting software (e.g., Tally ERP, QuickBooks), MS Excel, and reporting tools.
• Compliance Knowledge: Strong understanding of tax laws, hospital billing processes, statutory reporting, and audit requirements.
• Analytical Ability: Strong analytical, organizational, and problem-solving skills.
• Communication: Effective communication and leadership skills to interact with internal teams, auditors, vendors, and senior management.
• Confidentiality: Ability to handle sensitive financial data with discretion.

Job Type: Full-time

Pay: ₹30,000.00 - ₹70,000.00 per month

Schedule:

• Day shift

Work Location: In person

Speak with the employer
+91 9109900540