Job Description

1. Financial Accounting & Reporting

Maintain accurate, real-time books of accounts.

Prepare and present monthly, quarterly, and annual financial statements.

Ensure compliance with accounting standards and healthcare financial regulations

2. Budgeting and Forecasting

Prepare the hospital's annual budget with departmental inputs.

Track actuals vs. budgeted expenses and revenues.

Provide cash flow forecasts and financial planning support.

3. Billing and Revenue Cycle Management

Supervise inpatient, outpatient, diagnostic, and surgical billing processes.

Ensure accurate and timely billing in line with services rendered.

Coordinate with insurance/TPA desk for claims submission, tracking, and reconciliation.

4. Cash Flow and Fund Management

Monitor daily cash inflow and outflow.

Maintain and reconcile all bank accounts and manage petty cash..

Ensure liquidity for operational and capital needs.

5. Payroll and Statutory Compliance

Process monthly salaries, reimbursements, and incentives.

Ensure timely remittance of PF, ESI, TDS, GST, and professional tax.

File retums and maintain compliance with labor and tax laws.

6. Consultant Fees and Revenue Sharing

Manage fee payments to visiting consultants based on agreed-upon percentages or fixed structures.

Track revenue generated by each consultant and calculate their share accordingly.

Handle incentives for physicians, ensuring transparent and compliant disbursements.

Maintain agreements and periodically review terms of engagement.

7. Cost Control and Audit

Analyze costs per department, per bed, and per procedure.

Identify inefficiencies and recommend cost-saving measures.

Coordinate with internal and extemal auditors and ensure prompt resolution of audit queries.

8. Inventory and Asset Management

Work with the stores and pharmacy teams to ensure inventory control and valuation.

Maintain records of all fixed assets, depreciation, and capital expenditures.

Tag and periodically verify hospital equipment and property.

9. Financial Analysis and Decision Support

Support pricing decisions for procedures, packages, and diagnostics.

Analyze profitability of departments, specialties, and services.

Provide financial input for expansion plans, equipment procurement, and grant applications.

10. Documentation and MIS Reporting

Maintain organized financial records and back-up documentation.

Generate regular MIS reports for the CEO, CFO, and Board.

Provide financial summaries to NABH, NABL, or accreditation bodies as needed.

Job Types: Full-time, Permanent

Pay: ?25,000.00 - ?30,000.00 per month

Language:

Kannada (Preferred)
Work Location: In person