Head Account Receivable (Hospital Background)

This role is for one of the Weekday's clients

Salary range: Rs 3000000 - Rs 4000000 (ie INR 30-40 LPA)

Manager - Finance Head, Accounts Receivable

hospital or healthcare sector

15 to 20 years of relevant experience

revenue cycle management

Requirements

Key Responsibilities:

• Lead the Accounts Receivable function across multiple hospital units, ensuring timely and accurate billing, collections, and reconciliation.
• Own and drive the end-to-end AR process, including patient billing, insurance billing, TPA and corporate client collections, and outstanding receivables follow-up.
• Collaborate closely with billing, patient services, and insurance departments to improve AR efficiency and reduce Days Sales Outstanding (DSO).
• Develop, implement, and continuously improve AR policies, procedures, and internal controls in line with industry best practices.
• Manage a team of AR executives and analysts, providing leadership, mentoring, and performance management.
• Conduct regular aging analysis of accounts receivable, identify delinquent accounts, and initiate effective recovery strategies.
• Coordinate with internal departments and external stakeholders (insurance companies, TPAs, corporates) to resolve disputes and claim denials.
• Oversee the documentation and compliance of AR processes with internal audit and statutory requirements.
• Generate and present periodic AR performance reports and dashboards to senior management, highlighting key metrics and action plans.
• Ensure adherence to hospital accounting standards, regulatory frameworks, and revenue recognition norms.
• Lead automation initiatives for the AR function, including ERP enhancements, digitization of billing and collections, and integration with hospital information systems (HIS).
  

Key Skills & Qualifications:

• Bachelor's or Master's degree in Finance, Accounting, or a related field. A CA/MBA (Finance) will be preferred.
• 15-20 years of progressive experience in Finance & Accounts, with at least 10 years in leading Accounts Receivable in a hospital or healthcare setting.
• Strong knowledge of hospital revenue cycle processes, insurance claim settlements, TPAs, and regulatory frameworks in healthcare finance.
• Proven experience in leading AR operations for large hospital chains or multi-specialty healthcare providers.
• Hands-on experience with hospital ERP systems, billing software, and Excel-based reporting.
• Excellent communication, leadership, and stakeholder management skills.
• Analytical mindset with a focus on process improvements and financial accuracy.
• Ability to thrive in a high-pressure, dynamic, and compliance-driven environment