MGM Healthcare - General Manager - Finance

Job Description:

About the Role:

The General Manager Finance will be responsible for driving the day-to-day financial operations across all MGM Healthcare units, ensuring accuracy, compliance, and operational efficiency. The role ensures financial discipline, supports decision-making, and contributes to sustainable growth and cost optimization.

Key Responsibilities:

Corporate Finance & Strategic Planning:

- Develop and implement short and long-term financial plans.

- Oversee preparation and consolidation of annual operating and capital budgets.

- Conduct periodic budget reviews to compare actual vs. planned performance.

Accounts Payable & Receivable:

- Manage effective functioning of payables and receivables across all units.

- Approve vendor/service provider payments per defined cycles.

- Oversee billing, collections, follow-ups, and bad debt reduction.

Banking, Loans & Liabilities:

- Manage banking relationships, loans, liabilities, and liquidity.

- Ensure optimal cash flow and adherence to debt covenants.

Unit-Level Oversight & Approvals:

- Guide unit-level finance leads; supervise revenue reconciliation and cash deposits.

Revenue Reconciliation & Cash Deposits:

- Verify and reconcile daily revenue reports (IPD, OPD, Diagnostics, Pharmacy).

- Oversee reconciliation of POS, UPI, NEFT, insurance, and corporate receipts.

Doctor Payments & Service Fees:

- Ensure accurate processing of payments to doctors/consultants per contracts.

MIS & Analytics:

- Deliver timely MIS and analytics on revenue, cost, and profitability.

Payroll Oversight:

- Ensure accurate payroll, statutory compliance, and secure handling of data.

Compliance, Risk & Governance:

- Ensure GST, TDS, EPF, ESI, and other compliance.

- Participate in audits and risk reviews; enforce internal controls and SOPs.

Supply Chain Coordination:

- Work with SCM to optimize vendor payments and inventory costs.

People & Leadership:

- Mentor the Finance team; drive performance, transparency, and communication.

- Engage with board members, investors, and external stakeholders.

Work Environment:

- Multi-location, multi-unit organization requiring travel.

- Must be available on-call to address financial issues as they arise.

Requirements:

Education:

- Bachelors in Commerce/Finance/Accounting.

- MBA (Finance) or equivalent from reputed institute preferred.

- Professional certification such as CA/CMA.

Experience:

- 10-12 years in finance/accounts; 5+ years managerial.

- Multi-unit finance operations, statutory compliance, ERP knowledge.

- Healthcare or related industry experience preferred.

Competencies:

- Strategic Thinking, Financial Acumen, Results Orientation, Stakeholder Mgmt.

- Risk Management, Impactful Communication, Analytical Ability, Data Savviness.

Other Attributes:

- Proven senior leadership collaboration.

- High integrity, ethics, and credibility.

- Excellent communication & interpersonal skills.

Closing Note:

Join MGM Healthcare to lead finance operations with strategic vision, drive compliance, and enable sustainable financial growth.