- Review daily revenue recorded in HIMS and reconcile with SAP.
- Monitor cash, card, UPI, and bank collections and ensure timely reconciliation.
- Review cash deposits and investigate collection discrepancies.
- Monitor refund transactions and ensure proper authorization and accounting.
- Identify and resolve revenue leakages and billing discrepancies.
- Ensure timely and accurate revenue accounting in compliance with accounting policies.
- Prepare daily, weekly, and monthly revenue reconciliation reports and MIS.
Insurance Receivable Management
- Review accounting of insurance receipts and receivables.
- Monitor outstanding receivables from TPAs and insurance companies.
- Coordinate with billing, TPA, and insurance teams for timely claim realization.
- Analyse claim deductions, identify root causes, and recommend corrective actions.
- Reconcile insurance collections with bank receipts and accounting records.
- Monitor ageing of insurance receivables and initiate follow-up for overdue balances.
Financial Controls & Compliance
- Ensure adherence to revenue recognition policies and internal financial controls.
- Review compliance with approved billing, collection, refund, and insurance processes.
- Support internal,
statutory, and management audits by providing required reconciliations and documentation.
- Recommend process improvements to strengthen revenue controls and reduce revenue leakage.
MIS & Business Support
- Prepare revenue dashboards, collection reports, ageing analysis, and collection efficiency reports.
- Monitor key revenue KPIs and highlight exceptions to management.
- Support management in improving cash flows and collection performance through analytical insights.
Key Result Areas (KRAs)
- 100% completion of daily HIMS vs SAP revenue reconciliation.
- Nil unexplained cash, card, or UPI reconciliation differences.
- Timely and accurate revenue recognition in books.
- Collection discrepancies investigated and resolved within defined timelines.
- Reduction in revenue leakage and unauthorized refunds.
- Monthly revenue MIS submitted within prescribed timelines.
- Reduction in ageing of insurance receivables.
- Timely reconciliation of insurance receipts with bank and accounting records.
- Compliance with internal controls, audit requirements, and revenue policies.
- Improved working capital through timely realization of receivables.