Senior Manager – Accounts

Role Overview The Senior Manager - Accounts will be responsible for ensuring accurate financial accounting, timely reporting, statutory compliance, budgeting, cash-flow management, internal controls, audit coordination, and effective financial monitoring of hospital operations. The role requires strong knowledge of accounting principles and financial controls, along with a sound understanding of hospital revenue cycles, insurance/TPA billing, patient collections, pharmacy, diagnostics, procurement, and other healthcare financial processes. The position will also play a key role in ensuring financial accuracy, effective monitoring, regulatory compliance, and timely financial insights to support informed business decisions.

Key Responsibilities

• Financial Accounting & Reporting Supervise and oversee day-to-day accounting operations, including OPD and IPD Billing, Accounts Payable, Accounts Receivable, General Ledger, bank reconciliations, journal entries and provisions. Ensure timely financial closing, accurate financial statements, reconciliations, MIS and management reporting. Monitor outstanding receivables/payables and resolve accounting discrepancies. 2. Hospital Revenue Cycle & Collection Management Monitor and review revenue generated from IPD, OPD, diagnostics, pharmacy, OT, ICU and other hospital services. Ensure accurate billing, reconciliation and collection across patient, corporate, insurance and TPA receivables. Identify revenue leakages and strengthen revenue cycle and collection controls. 3. Budgeting, Planning & Financial Analysis Assist management in preparation of annual budgets, operating plans and financial projections. Monitor budgets, conduct variance analysis and recommend corrective actions. Support cash-flow planning, cost optimisation and profitability improvement. 4. Statutory Compliance Ensure timely compliance with GST, TDS, Income Tax, PF, ESIC and other statutory requirements. Coordinate statutory filings, audits and external consultants and ensure proper documentation. Monitor regulatory changes and ensure necessary implementation. 5. Audit & Internal Controls Coordinate internal, statutory and tax audits and ensure timely closure of audit observations. Strengthen financial controls, SOP adherence, authorisations and segregation of duties. Conduct periodic reviews of key hospital functions to identify control gaps and revenue leakages. 6. Cash Flow & Treasury Management Monitor daily cash and bank positions, working capital and cash-flow requirements. Ensure timely bank reconciliations, cash collections, deposits and appropriate cash-handling controls. Coordinate with banks and financial institutions as required. 7. Vendor, Payable & Procurement Accounting Review vendor invoices, purchase accounting, payment processes and outstanding balances. Ensure timely vendor reconciliation and adherence to procurement and payment controls. Review doctor/professional payments and ensure appropriate documentation and statutory compliance. 8. Team Management & Development Lead, guide and supervise the Accounts & Finance and Billing teams. Allocate responsibilities, monitor performance and ensure effective coordination across departments. Drive team development, accountability and adherence to finance processes and controls. 9. Management Reporting & Business Support Provide financial analysis, insights and recommendations to the CEO, Finance Head and hospital management. Prepare periodic financial and operational reports and highlight key risks, trends and variances. Support cost optimisation, profitability, process improvement and operational efficiency initiatives. Regular follow up and personal visits to strengthen relationship with all govt departments/ agencies for timely payments and other support critical for hospital operations.

Requirements

Qualifications

&

Experience

M.Com / CA Inter with relevant experience. 12–15 years of

experience

in Accounts, preferably with substantial

experience

in hospital/healthcare operations. Strong

experience

in hospital accounting, revenue cycle management, billing, insurance/TPA receivables, MIS, budgeting, cash flow and financial reporting. Hands-on

experience

in statutory compliance, audits, internal controls and team management, with strong proficiency in ERP/accounting systems and MS Excel. Key

Skills

& Competencies Financial accounting, reporting, budgeting, MIS and financial analysis. Hospital revenue cycle, IPD/OPD billing, TPA/insurance receivables and collections. Statutory compliance, audits, internal controls and risk management. Cash-flow management, working capital, cost optimisation and revenue realisation. Team management, stak

. Coordinate statutory filings, audits and external consultants and ensure proper documentation. Monitor regulatory changes and ensure necessary implementation. 5. Audit & Internal Controls Coordinate internal, statutory and tax audits and ensure timely closure of audit observations. Strengthen financial controls, SOP adherence, authorisations and segregation of duties. Conduct periodic reviews of key hospital functions to identify control gaps and revenue leakages. 6. Cash Flow & Treasury Management Monitor daily cash and bank positions, working capital and cash-flow requirements. Ensure timely bank reconciliations, cash collections, deposits and appropriate cash-handling controls. Coordinate with banks and financial institutions as required. 7. Vendor, Payable & Procurement Accounting Review vendor invoices, purchase accounting, payment processes and outstanding balances. Ensure timely vendor reconciliation and adherence to procurement and payment controls. Review doctor/professional payments and ensure appropriate documentation and statutory compliance. 8. Team Management & Development Lead, guide and supervise the Accounts & Finance and Billing teams. Allocate responsibilities, monitor performance and ensure effective coordination across departments. Drive team development, accountability and adherence to finance processes and controls. 9. Management Reporting & Business Support Provide financial analysis, insights and recommendations to the CEO, Finance Head and hospital management. Prepare periodic financial and operational reports and highlight key risks, trends and variances. Support cost optimisation, profitability, process improvement and operational efficiency initiatives. Regular follow up and personal visits to strengthen relationship with all govt departments/ agencies for timely payments and other support critical for hospital operations.

Requirements

Qualifications

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