This role is for one of the Weekday's clients
Salary range: Rs 800000 - Rs 1000000 (ie INR 8-10 LPA)
Min Experience: 8 years
Location: Agartala
JobType: full-time
We are seeking a highly skilled and experienced Manager – Finance with a proven background in hospital finance operations. The ideal candidate will be responsible for overseeing the complete financial management, including accounts receivable, accounts payable, and statutory compliance within the healthcare/hospital domain. This role requires an in-depth understanding of hospital billing processes, insurance claims, vendor payments, and revenue cycle management.
Requirements
Key Responsibilities:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.