Chief Financial Officer - Construction/FMCG/Healthcare

CFO

1. Support the Business through functional leadership:

- Develop financial plans to support the strategy and business goals of the hospitals, work closely with Business Heads, Finance teams to develop and validate budgets and Capex/Opex in accordance with their Annual Operating Plans.

- Be the custodian and controller of the budget on an on-going basis and alert management to all deviations and risks to the achievement of financial projections.

- Support business in preparing a remedial plan to offset all likely target risks and shortfalls.

2. Financial Operations Excellence:

- Ensure timely and efficient finance transactions (payments, collections and receivables) as per defined TATs and brand promises to internal and external customers.

- Create and manage detailed trackers for ensuring that transaction processing and payments are done on time

3. Generate revenue and savings uplift for the hospitals:

- Identify opportunities for the uplift of EBITA by focusing on both revenue and cost levers.

- Identify and execute cost reduction initiatives in collaboration with other functions to bring down indirect (e.g. travel, rent, communication) and other operating costs

4. Treasury Management:

- Ensure optimum cash flow: Liaise with banks for loan extensions and interest rates, and with promoter companies for CAPEX funding requirements.

- Conduct effective treasury management activities to improve the cost of funding.

- Ensure adequate liquidity for the business through effective cash management (both day-to-day and for the short/ medium term)

5. Drive comprehensive MIS and financial reporting:

- Ensure centralized and accurate Financial reporting from the system. Ensure that reports are prepared with accuracy and shared in a timely manner.

- Identify gaps in target achievement and coordinate with functions to initiate corrective action.

- Provide analytics and insights to management that can support business and commercial decisions

6. Risk Management & Compliance:

- Put in place governance processes for identifying risk areas and highlighting them to management in a timely manner.

- Create plans for mitigating risk areas.

- Drive high compliance with SOPs, policies and SLAs across the function

7. Review, align and automate all Finance processes, SOPs and policies:

- Review all Finance SOPs, DOP and SLAs in line with best practices. Ensure that all processes are supported by a framework of documented policies.

- Ensure that policies are communicated to all staff, doctors, vendors and suppliers. Stabilize SAP - Fin and HIS interface issues.

- Ensure high quality output from the IT systems vendor

8. Staffing & Capability Building:

- Ensure optimum staffing and skills levels for the Finance function in line with service promises of the company and support staff costs and productivity norms.

- Drive functional capability through rigorous functional and behavioral training for teams.

- Ensure that leaders complete all managerial responsibilities toward their staff including setting goals, completing appraisals, participating in their growth and skill development and maintaining overall engagement