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MGM Healthcare - General Manager - Finance

10 years

0 Lacs

chennai tamil nadu india

Posted:1 day ago| Platform: Linkedin logo

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Skills Required

healthcare finance compliance efficiency planning service payments billing flow reconciliation reports diagnostics processing analytics payroll risk governance audits controls coordination inventory leadership drive transparency certification erp management communication data integrity ethics vision

Work Mode

On-site

Job Type

Full Time

Job Description

About the Role:The General Manager Finance will be responsible for driving the day-to-day financial operations across all MGM Healthcare units, ensuring accuracy, compliance, and operational efficiency. The role ensures financial discipline, supports decision-making, and contributes to sustainable growth and cost optimization.

Key Finance & Strategic Planning

  • Develop and implement short and long-term financial plans.
  • Oversee preparation and consolidation of annual operating and capital budgets.
  • Conduct periodic budget reviews to compare actual vs. planned performance.

Accounts Payable & Receivable

  • Manage effective functioning of payables and receivables across all units.
  • Approve vendor/service provider payments per defined cycles.
  • Oversee billing, collections, follow-ups, and bad debt reduction.

Banking, Loans & Liabilities

  • Manage banking relationships, loans, liabilities, and liquidity.
  • Ensure optimal cash flow and adherence to debt covenants.

Unit-Level Oversight & Approvals

  • Guide unit-level finance leads; supervise revenue reconciliation and cash deposits.

Revenue Reconciliation & Cash Deposits

  • Verify and reconcile daily revenue reports (IPD, OPD, Diagnostics, Pharmacy).
  • Oversee reconciliation of POS, UPI, NEFT, insurance, and corporate receipts.

Doctor Payments & Service Fees

  • Ensure accurate processing of payments to doctors/consultants per contracts.

MIS & Analytics

  • Deliver timely MIS and analytics on revenue, cost, and profitability.

Payroll Oversight

  • Ensure accurate payroll, statutory compliance, and secure handling of data.

Compliance, Risk & Governance

  • Ensure GST, TDS, EPF, ESI, and other compliance.
  • Participate in audits and risk reviews; enforce internal controls and SOPs.

Supply Chain Coordination

  • Work with SCM to optimize vendor payments and inventory costs.

People & Leadership

  • Mentor the Finance team; drive performance, transparency, and communication.
  • Engage with board members, investors, and external stakeholders.

Work Environment

  • Multi-location, multi-unit organization requiring travel.
  • Must be available on-call to address financial issues as they Bachelors in MBA (Finance) or equivalent from reputed institute preferred.
  • Professional certification such as 10-12 years in finance/accounts; 5+ years managerial.
  • Multi-unit finance operations, statutory compliance, ERP knowledge.
  • Healthcare or related industry experience Strategic Thinking, Financial Acumen, Results Orientation, Stakeholder Mgmt.
  • Risk Management, Impactful Communication, Analytical Ability, Data Savviness.

Other Attributes

  • Proven senior leadership collaboration.
  • High integrity, ethics, and credibility.
  • Excellent communication & interpersonal skills.

Closing Note

Join MGM Healthcare to lead finance operations with strategic vision, drive compliance, and enable sustainable financial growth.(ref:iimjobs.com)

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