Manager Finance (Hospital Background only)

This role is for one of the Weekday's clients

Salary range: Rs 800000 - Rs 1000000 (ie INR 8-10 LPA)

Manager - Finance

Requirements

Key Responsibilities:

• Financial Management & Reporting
• Lead the day-to-day operations of the finance and accounts function within the hospital.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Analyze financial data to identify trends, variances, and areas of improvement.
• Assist senior management in budget preparation, forecasting, and financial planning.
• Accounts Receivable (AR)
• Monitor and manage the entire accounts receivable cycle, ensuring timely billing, claim submissions, and collections.
• Coordinate with the billing department and TPA (Third Party Administrators) to ensure proper documentation and claim tracking.
• Resolve disputes and delays in payments with insurers, patients, or corporate clients.
• Accounts Payable (AP)
• Supervise all aspects of accounts payable, including vendor invoice verification, payment processing, and reconciliations.
• Ensure timely payments while maintaining positive vendor relationships and adherence to credit terms.
• Oversee vendor aging analysis and ensure proper cost allocation.
• Compliance & Audit
• Ensure all financial operations comply with internal policies, hospital standards, and applicable laws.
• Liaise with statutory auditors and internal auditors for audits and tax assessments.
• Ensure accurate and timely filing of GST, TDS, and other statutory returns.
• Team Management
• Lead, mentor, and manage the finance and accounting team.
• Define KPIs, delegate responsibilities, and conduct regular performance reviews.
  

Key Skills & Competencies:

• Strong understanding of hospital finance operations and healthcare industry norms.
• Proven experience in managing accounts receivable and accounts payable.
• Excellent knowledge of Tally ERP / SAP / Hospital Information Systems (HIS).
• Strong analytical and problem-solving skills.
• Excellent interpersonal and communication abilities to coordinate with cross-functional teams and external stakeholders.
• Working knowledge of Indian Accounting Standards, GST, and Income Tax.
  

Qualifications:

• CA / CMA / MBA Finance or equivalent qualification.
• 8 to 12 years of relevant experience, preferably in the hospital or healthcare sector.
  

Preferred Background:

• Prior experience working in multispecialty hospitals, hospital chains, or diagnostics groups.
• Familiarity with hospital billing systems, TPA coordination, and patient accounting