The position is responsible for the financial management of the hospitals business. - The incumbent shall assist the CEO and work closely with the Unit Business Heads on strategic and operational are as pertaining to business planning and budgeting, funding, cost management and financial performance of the hospitals. - The incumbent will also be responsible for all legal, taxation and audit related matters for all the hospitals. - Develop financial plans to support the strategy and business goals of the hospitals, in partnership with the CEO and work closely with Business Heads , Finance teams of the three hospitals to develop and validate budgets and Capex/Opex in accordance with their Annual Operating Plans. - Support business in preparing a remedial plan to offset all likely target risks and shortfalls. - 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 (including payments to doctors) - 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. - 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) - 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. - 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 - 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 optimum staffing and skills levels for the Finance function in line with service promises and support staff costs and productivity norms. - 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 - Build a solid rapport with doctors and consultants and be a collaborative member of the leadership team. Display role model behaviors as a leader of the organization and create impact in all professional interactions

Kolkata

Chief Financial Officer - Healthcare 

Chief Financial Officer - Healthcare  ,Job Description for Chief Financial Officer - Healthcare  in Careernet in  Kolkata for (15-25) years of experience. Apply Now!

Job Description for Chief Financial Officer - Healthcare  in Careernet in  Kolkata for (15-25) years of experience. Apply Now!