Head of Finance – Hospital Unit

Job Description

This role is for one of our clients Industry: Finance Seniority level: Mid-Senior level Min Experience: 10 years Location: Srinagar, Panchkula, Udaipur JobType: full-time About The Role We are hiring a seasoned finance leader to take charge of the financial management and strategy at one of the country’s most respected hospital units. As the Head of Finance , you will be responsible for driving financial performance, ensuring compliance, managing risks, and enabling strategic growth in alignment with clinical and operational objectives. This leadership role is ideal for an experienced Chartered Accountant with a deep understanding of healthcare finance, including cost optimization, revenue cycle management, and capex planning. You will serve as a key business partner to hospital leadership, bringing both financial acumen and operational insight to the table. Key Responsibilities Financial Leadership & Strategy Lead the finance function for the hospital unit with ownership of budgeting, financial planning, forecasting, and variance analysis. Drive short- and long-term financial strategies to support sustainable growth and profitability. Financial Controls & Reporting Ensure accurate, timely, and compliant financial reporting aligned with regulatory frameworks and internal standards. Implement and monitor strong internal control systems to safeguard assets and reduce financial risk. Cost & Operational Efficiency Lead cost efficiency programs across departments without compromising clinical excellence, especially in capital-intensive areas such as Cardiology and Critical Care. Monitor and improve departmental costing, resource utilization, and service profitability. Revenue Cycle & Cash Flow Management Oversee billing operations, receivables, insurance claims, and collection processes to ensure healthy cash flow and working capital. Partner with medical teams to streamline revenue capture and minimize leakages. Capex & Investment Oversight Evaluate and manage capital expenditure plans including medical equipment, expansion projects, and infrastructure development. Conduct ROI analysis and financial viability assessments for high-impact investments. Cross-functional Collaboration Work closely with clinical heads, unit directors, procurement, and administration to align financial and operational goals. Participate in strategy meetings, budget planning sessions, and performance reviews. Team Building & Development Lead and mentor a high-performing finance team with a culture of accountability, ethics, and continuous learning. Build finance capabilities to support decision-making and cross-functional integration. Required Skills & Competencies Technical Expertise: In-depth knowledge of accounting, financial planning, budgeting, internal audit, taxation, and healthcare-specific finance protocols. Healthcare Domain Experience: Prior experience in financial leadership within multi-specialty or tertiary care hospitals is a must. Revenue Cycle Proficiency: Strong understanding of billing, reimbursements, third-party payers, and insurance workflows in hospital settings. Analytical & Strategic Thinking: Ability to translate financial data into actionable insights for both finance and non-finance stakeholders. Tech & Systems Orientation: Proficiency in hospital ERP platforms, MIS dashboards, Excel models, and financial tools. Communication & Leadership: Excellent collaboration, communication, and influencing skills with senior management and clinical leadership. Ideal Candidate Profile Chartered Accountant (CA) with 10–22 years of experience in finance leadership roles, specifically in the hospital or healthcare sector. Proven track record in managing financial operations for large or specialty hospital units. Experience working with high-value departments such as cardiology, oncology, or intensive care is highly desirable. Demonstrated ability to lead financial transformation in a complex, regulated environment.