Company: Health care sector | Location: Corporate office, Bengaluru | Position: Manager-Business Finance | Department: Business Finance

Reports To: Head of Finance

Employment Type: Full-time

Job Summary

The Business Finance Manager will be responsible for managing financial planning, budgeting, and performance analysis across business verticals- Healthcare Services (Clinics), diagnostic labs/CECs, and Wellness Services. The role requires a strategic thinker with strong analytical skills to optimize revenue streams, control costs, and support business expansion in the healthcare sector.

Key Responsibilities:

Financial Planning & Analysis (FP&A;):

- Develop annual budgets, rolling forecasts, and long-term financial plans for clinic operations, diagnostics, and wellness services that support the strategy.
- Track KPIs (patient volume, test utilization, AR days, service profitability) and provide actionable insights to leadership.
- Analyse revenue cycles (fee-for-service, insurance reimbursements (as & when covered), package pricing and identify opportunities for margin improvement.
- Prepare & present periodic MIS & financial reports (Plan vs Actuals) with performance dashboards & strategic recommendations for senior management.

Revenue Optimization, Cost Control & & Commission structure:

- Pricing Strategy: Analyse pricing models for consultations, diagnostic tests, and wellness programs (e.g., memberships, corporate wellness etc).
- Cost Management & tracking: Monitor expenses (lab supplies, medical equipment, staffing) and implement efficiency improvements.
- Billing Oversight: Work with billing teams to ensure the completeness & wherever applicable optimize insurance claims processing, reduce denials, and improve collections.
- Managing Commission Structures for Clinics team including consulting doctors.





Business Strategy & Growth Support:

- Evaluate new service lines through financial modelling and ROI analysis.
- Support expansion initiatives (new clinics, lab partnerships, acquisitions) with feasibility studies and investment proposals.
- Collaborate with marketing to assess promotional campaigns, corporate wellness contracts, and patient acquisition costs etc.

Compliance & Risk Management:

- Ensure adherence to healthcare financial regulations.
- Implement internal controls for revenue recognition, inventory management (diagnostic supplies), and fraud prevention.
- Liaise with auditors, tax advisors, and healthcare financiers for compliance and funding needs.

Cross-Functional Leadership:

- Partner with Medical Directors or Mentors, clinic managers, lab directors, Wellness leads, team of Operations, Quality, marketing, project implementation Sales, Technology officers to align financial and operational goals.
- Mentor finance and core team of Clinics, Diagnostic and Wellness Centre (accountants, admin etc) and streamline processes (AP, compensation, inventory tracking etc).

Requirements

Education: Chartered Accountant (CA)

- Experience:

o 2+ years post qualification experience.

o Knowledge of medical & wellness centres billing, lab economics, and insurance reimbursement is an added advantage.

• Technical Skills:

o Strong Accounting Knowledge & Advanced financial modelling (Excel, Power BI). To be a Technology Savvy & have worked on ERP systems (Like MS Dynamics & lab-specific software).

o Familiarity with healthcare analytics tools is a +.

- Soft Skills:

o Robust problem-solving and ability to simplify complex financial data for non-finance teams.

o Influence cross-functional stakeholders.

o Act with Integrity & be an energised and inspirational manager aligning to Company’s Mission, Vision and Values.

📌 FP&A Manager | Bangalore (Bengaluru)
🏢 N Human Resources u0026 Management Systems
📍 Bengaluru