Finance & Accounts Lead

Key Responsibilities:
1. Financial Management & Budgeting
Prepare and manage the annual budget in coordination with department heads.
Monitor budget utilization and identify variances.
Track operating costs, revenues and profitability of service lines.
Prepare monthly, quarterly and annual financial reports.
2. Billing & Revenue Cycle Management
Oversee accurate and timely billing for OP, IP and surgical procedures.
Ensure proper coding, charge capture and reconciliation of bills.
Monitor insurance claims, approvals, reimbursements and denials.
Identify opportunities to reduce revenue leakage and improve collections.
3. Accounts & Cash Flow
Supervise Accounts Receivable and Accounts Payable activities.
Monitor cash flow and fund allocation.
Ensure reconciliation of bank statements, patient deposits and cashier transactions.
Review petty cash, refunds and financial adjustments.
4. Compliance & Audit
Ensure compliance with GST, TDS, statutory regulations and hospital financial policies.
Coordinate with internal and external auditors.
Implement and maintain appropriate internal financial controls.
5. Cost Control & Financial Analysis
Conduct cost-benefit analysis for services, consumables and procedures.
Monitor inventory cost trends and identify cost-saving opportunities.
Provide financial insights to support management decisions.
6. Team Management & Stakeholder Coordination
Lead and develop the finance team at the hospital unit.
Coordinate with clinical, administrative and support functions.
Resolve billing, patient-related financial and vendor payment issues.
7. MIS & Financial Reporting
Prepare daily, weekly and monthly financial MIS.
Track key financial KPIs such as AR Days, Revenue per Bed and Cost per Patient.
Develop dashboards and reports for hospital management.
Education:
B.Com / M.Com with relevant specialization.
MBA Finance / CA / ICWA preferred.
Experience:
4–9 years of relevant finance experience.
Experience in the hospital/healthcare industry would be relevant to the role's responsibilities.
Interested can share their resumes to bhavani.prasad@ainuindia.com or can reach at 8019232805

Work arrangement
No