15 years

0 Lacs

Posted:2 days ago| Platform: Linkedin logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Department:

Location:

Reporting To:

Job Type:

Experience Required:

Qualification:


Job Summary

SilverStreak Multi-Speciality Hospital is looking for a dynamic and results-driven Finance Manager to oversee the hospital’s financial operations and strategy. The ideal candidate should bring strong expertise in financial planning, compliance, revenue cycle management, and hospital-specific financial systems. This role is critical in aligning financial performance with the hospital’s growth and service excellence goals while ensuring transparency, compliance, and cost efficiency.


Key Responsibilities

1. Financial Planning & Strategy

• Develop annual budgets, forecasts, and long-term financial plans.

Align financial strategy with hospital’s growth and expansion objectives.

Conduct feasibility studies for new service lines, facilities, or medical equipment investments.


2. Revenue & Cost Management

Monitor revenue streams (OPD, IPD, diagnostics, pharmacy, procedures, insurance/TPA).

Optimize operational costs while maintaining high-quality patient care.

Implement cost control initiatives and conduct departmental profitability analysis.


3. Financial Reporting & Analysis

Ensure timely preparation of accurate financial statements and MIS reports.

Perform variance analysis (budget vs actual) and recommend corrective actions.

Present financial performance insights to management and the board.


4. Cash Flow & Working Capital Management

Monitor daily cash flow and ensure adequate liquidity for smooth operations.

Oversee receivables (insurance/TPA, corporates, patients) and payables (vendors, consultants, staff).

Manage loans, overdrafts, and investment decisions to optimize working capital.


5. Compliance & Risk Management

Ensure adherence to statutory regulations (Income Tax, GST, TDS, PF, ESI, etc.).

Implement internal controls to prevent financial risks and revenue leakages.

Oversee hospital insurance policies, medico-legal finances, and risk coverage.


6. Audit & Governance

Coordinate with internal, external, and statutory auditors.

Ensure transparent documentation and smooth audit closure.

Uphold governance standards as per hospital board policies.


7. Systems & Process Improvement

Oversee ERP/HIS financial module implementation and optimization.

Drive automation in billing, collections, and reporting to reduce errors.

Strengthen internal controls and reduce dependency on manual processes.


8. Stakeholder Management

Work closely with hospital leadership, department heads, and external stakeholders (banks, TPAs, corporates).

Provide financial advisory support to the CEO/Board for decision-making.

Negotiate effectively with vendors, consultants, and partners for cost and contract optimization.

9. Team Leadership & Development

Lead and mentor the finance and accounts team.

Build analytical and compliance capabilities within the department.

Foster accountability, transparency, and high performance.


Required Qualifications & Skills

Chartered Accountant (CA), MBA (Finance), or equivalent advanced qualification.

10 – 15 years of experience in financial management (healthcare/hospital industry preferred).

Strong knowledge of hospital revenue cycle management (insurance/TPA, corporate billing).

Expertise in financial planning, MIS reporting, and statutory compliance.

Excellent negotiation, analytical, and problem-solving skills.

Proficiency in ERP/HIS systems, MS Excel, and financial modeling.

Strong leadership and communication abilities.


Why Join Us?

Opportunity to be a strategic leader in a fast-growing multi-speciality hospital.

Exposure to complex healthcare financial operations and decision-making.

Collaborative work culture with focus on clinical excellence and financial sustainability.

Growth opportunities in leadership and hospital management.


To Apply

Send your updated CV to hrm@silverstreakhospital.com

Contact HR at +91- 9991661237

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You