DGM/GM - Financial Reporting & Compliance - CA - Healthcare

Key Job roles

- Ensure that Books are closed on or before 3rd of every month with all the provision entries passed including depreciation etc. For all units across South India.

- Ensure that adequate variance analysis report is prepared before 5th of the following month (P&L as well as Key Balance sheet indicators)

- Financial reporting Docket is submitted to Business Finance before 5th of every month along with Variance analysis.

- All Statutory compliance is done on time Finance related compliances at group level and administrative compliance alert to be provided to Company secretary on time.

- Direct & Indirect taxes queries from the department are properly attended on time

(Time Vs effort Vs results Vs productivity)

- Liaison with External Auditors through effective coordination and completion of audit before the deadline. Ensure it is an unqualified opinion

- No Differences between Un-audited financials and Audited financials

- 2 Key Process to be audited every month (Cash, Card, Receivables, Inventory, Bank, Compliance, Discharges, OP Management, Facility)- Key Risk areas to be audited

- Adherence to approved Financial Authority Matrix (FAM) without any deviations

- SAP Implementation (Go Live for all units)- Lead from the front

- Plan and monitors capital asset expenditures and depreciation; prepares annual operating budgets with input and involvement at the departmental level, as well as capital budgets and cash flow projections; arranges lines of credit and maintains proper banking relations; and adheres to the group corporate compliance standards and procedures.

- Perform appropriate credit planning and availability of working capital on time.

IT implementation on ERP -

- Implementation of on demand ERP solution for entire business operations

- Reviewing the various processes, removing the road block and increasing the efficiency.

- Setting of systems, procedures and establishing controls in accounting and other operations for any kind of business, controlling the overall finance.

- Management reports designing and improving their efficiency and use, managing big team, systematic delegation of work, assessing and coaching people.

Operations

- Employ a system of responsible accounting, including budget and internal controls

- Provides proactive, sound guidance regarding management of assets and investments, and financial trends within the units.

- Works with unit medical Admin, operations heads and department managers to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals.

- Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital's cash flow.

- Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls is in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted.

- Monitor and control pharmacy and other materials inventory. Review aging analysis report and plan for disposal of non-moving and obsolete stock. Analyze reasons for non- moving / obsolete stock and take corrective action. Check stock accuracy between physical stocks and logical stocks and work towards bridging the deviations.

Costing

- Establish costing systems and processes and create appropriate cost centers. Perform accurate and effective cost analysis and facilitate key business decisions.

- Facilitate projects by providing financial inputs in terms of projects costing, investment planning, pay back calculations and support in preparation of investment proposals.

- Evaluate the major Capex purchases and recommend for approvals. Plan, monitor and control capital expenses.

Statutory

- Follow - up and review work pertaining to statutory requirements including direct and indirect taxes and other relevant statutes. Ensure establishment of appropriate system to maintain statutory requirements. Interface with statutory authorities and maintain cordial relations. Facilitate statutory audits and ensure successful completion.

Internal and statutory audits

- Facilitate internal and statutory audits and ensure appropriate closing of accounts on time. Interface with auditors and take corrective / preventive action to sustain and improve standards.

- Ensure all Audit Committee meetings are conducted smoothly every quarter and ensure that Internal Audits and Statutory Audits are completed on time - with minimal comments from both the auditors

People management

- Provide clear leadership and motivation to all members of the team.

- Ensure that a succession plan is maintained for the division balancing individual and group needs.

- Develop skills of the team members through training and coaching and manage individual performances to full potential

CANDIDATE PROFILE

- Chartered Accountant with a high performance track record in career with around 15 years of experience (Preferably in Health Care Industry) The ideal candidate will be a strong leader with an open, participative, and hands-on management style.

- The candidate should carry extensive Finance experience, preferably working in service oriented organizations.

- Should possess strong communication skills that make him the acceptable face of the company internally as well as externally.

- Should be a go-getter with excellent network & must have excellent relationships in

Banking & financial industry

- Should be familiar with financial modelling

- Should have a proven track record in transformational change with a fast growing business.

- Should possess excellent influencing skills and strong coaching skills.

- Strong interpersonal skills, analytical skills, ability to communicate and handle Board meetings with respect to all financial matters

- Should have strong relationship skills and the ability to build collaborative relationships.

- High level of integrity and dependability with a strong sense of urgency and results- orientation.

Interested candidates may send in their resumes for the further process, should you need more clarifications, please feel free to call.

Shankar
Human Resources
Mobile: 09840377667