Elico Healthcare Services Ltd. is a trusted healthcare partner providing comprehensive Revenue Cycle Management (RCM) solutions to hospitals, physician groups, EMS providers, and credentialing agencies. Promoted by Elico Ltd., a pioneer with over six decades of excellence in laboratory analytical instruments, the company delivers value-based strategies and integrated analytics to enhance patient care and financial outcomes. Operating since 1999, Elico Healthcare Services has built a reputation for quality and transparency in serving its clients.

The organization is backed by a skilled team of over 850 professionals, operating from strategic hubs in Hyderabad, Chennai, and Mysore.

Role Summary

We are looking for a finance professional to manage end-to-end accounting, compliance, and financial reporting for the Indian parent entity and its US subsidiary. The role requires strong expertise in multi-entity accounting, cross-border transactions, and coordination with auditors and consultants across geographies.

Key Responsibilities

1. Financial Accounting & Book Closure

- Manage end-to-end accounting for Indian entity and US subsidiary
- Ensure timely monthly, quarterly, and annual book closure
- Maintain accurate financial records in line with Indian Accounting Standards (Ind AS) and US GAAP (as applicable)
- Review journal entries, provisions, accruals, and adjustments

2. Consolidation & Group Reporting

- Prepare consolidated financials including intercompany eliminations
- Reconcile intercompany balances and resolve discrepancies
- Handle multi-currency accounting and translation (USD–INR)
- Support management reporting and MIS across entities

3. Compliance & Regulatory

India:

- Ensure compliance with GST, TDS, Companies Act, and other statutory requirements

US:

- Coordinate with US CPA firms for accounting, tax filings, and compliance with Internal Revenue Service (IRS) requirements




- Maintain documentation and support for regulatory filings

4. Audit & Controls

- Lead statutory audits for Indian entity and coordinate US audits
- Ensure readiness for internal and external audits
- Strengthen internal controls and financial governance across entities
- Maintain proper documentation and audit trails

5. Foreign Exchange & Treasury

- Account for foreign currency transactions and forex gains/losses
- Monitor currency exposure and support hedging decisions (if applicable)
- Coordinate cross-border fund flows and repatriation

6. Systems & Process Improvement

- Work with ERP systems (e.g., SAP ERP, Oracle NetSuite, MS Dynamics or equivalent)
- Drive automation and standardization of accounting processes
- Improve closing timelines and reporting accuracy

7. Stakeholder Coordination

- Liaise with US subsidiary teams, auditors, tax consultants, and advisors
- Work closely with internal teams (sales, operations, R&D;) for financial inputs
- Provide actionable financial insights to leadership

Key Requirements

Education & Experience

- CA / CPA / CMA (preferred)
- B.Com/M.Com/MBA
- 6 plus years of experience in finance & accounting
- Experience handling overseas subsidiaries (preferably US)

Technical Skills

- Strong knowledge of Ind AS and exposure to US GAAP
- Experience in consolidation and multi-entity accounting including transfer pricing
- Understanding of cross-border taxation and compliance
- ERP proficiency (SAP / NetSuite / similar)
- Strong Excel and MIS/reporting skills

Behavioral Competencies

- High ownership and accountability
- Ability to work across time zones
- Robust problem-solving and analytical skills
- Attention to detail with a process-oriented mindset

Success Metrics (KPIs)

- Timely and accurate monthly closing across entities
- Zero major audit qualifications
- Clean intercompany reconciliations
- Compliance adherence (India & US)
- Improved reporting timelines and process efficiency

📌 Sr Finance Executive(India & US Operations) (Hyderabad)
🏢 Elico Healthcare Services
📍 Hyderabad