Unit Head Finance

Job Summary:

Unit Head Finance

Roles & Responsibilities:

Financial Planning & Control

• Develop and implement

  annual budgets, forecasts, and financial plans

  for the unit in alignment with organizational objectives.
• Monitor

  revenue, cost, and profitability metrics

  , ensuring achievement of financial targets.
• Analyze monthly financial performance, identify variances, and recommend corrective actions.
  
• Drive cost optimization initiatives across departments without compromising service quality.
  

Accounting & Compliance

• Oversee all accounting activities, ensuring

  timely closure of books, reconciliations, and statutory audits

  .
• Ensure compliance with

  statutory requirements

  (GST, TDS, PF, ESI, Income Tax, and other regulatory norms).
• Maintain adherence to

  corporate finance policies, internal controls, and audit guidelines

  .
• Coordinate with internal and external auditors for audit completion and timely resolution of observations.
  

Revenue Cycle & Cash Flow Management

• Supervise

  billing, receivables, and payables

  to ensure efficient cash flow management.
• Collaborate with

  Operations, Billing, and Patient Care

  teams to ensure transparency in billing and collection processes.
• Review credit approvals, insurance claim settlements, and corporate tie-up billings.
  
• Ensure strong financial controls over hospital income streams (IP, OP, pharmacy, diagnostics, F&B, etc.).
  

Strategic & Operational Support

• Partner with the

  Unit Head and Corporate Finance

  to develop strategies for business growth and sustainability.
• Participate in

  capex planning, feasibility studies, and ROI analysis

  for new projects or expansions.
• Support operational decision-making with

  financial data insights and scenario analysis

  .
• Represent the unit in all corporate financial discussions, reviews, and strategic initiatives.
  

Team Leadership & Development

• Lead and mentor a team of finance professionals ensuring skill enhancement and efficiency.
  
• Establish clear KPIs and review mechanisms for the finance team.
  
• Foster a culture of accountability, process adherence, and continuous improvement.
  

Key Performance Indicators (KPIs):

• Accuracy and timeliness of financial reporting
  
• Achievement of unit financial targets (Revenue, EBITDA, Cost)
  
• Cash flow management efficiency
  
• Compliance and audit performance
  
• Cost optimization and budget variance control
  

Skills & Competencies:

• Strong understanding of

  hospital/healthcare financial systems and processes

• Analytical thinking with strong business acumen
  
• Knowledge of

  SAP/ERP financial modules

• Proven ability to lead teams and drive financial discipline
  
• Excellent communication, stakeholder management, and decision-making skills