Finance Executive (Madurai)

Finance Executive (Madurai)

22 Aug
|
Rio Hospital for Women and Children
|
Madurai

22 Aug

Rio Hospital for Women and Children

Madurai

Job Description – Finance Executive

Department: Finance & Accounts
Designation: Finance Executive
Location: Rio Hospital for Women & Children
Reporting To: Finance Manager / Accounts Manager

Job Purpose

To support the day-to-day financial and accounting operations of the hospital, ensuring accurate transaction recording, billing reconciliation, payment processing, financial documentation, and compliance with internal financial controls and statutory requirements.

Key Responsibilities1. Accounts & Financial Transactions
- Record and maintain day-to-day financial transactions accurately in the accounting system.
- Handle accounts payable and receivable activities.
- Verify invoices, bills, payment requests and supporting documents.
- Process payments and maintain proper payment records.
- Monitor outstanding receivables and payables.
- Perform bank, cash and ledger reconciliations.

2. Hospital Revenue & Billing
- Coordinate with the billing department to ensure accurate recording of hospital revenue.
- Verify daily collections from OPD, IPD, pharmacy, laboratory,



diagnostics and other revenue areas.
- Reconcile cash, card, UPI, online and other payment collections with system reports.
- Identify billing discrepancies and coordinate with concerned departments for correction.
- Monitor insurance/TPA and corporate billing receivables.
- Follow up on outstanding hospital claims and payments.

3. Daily Financial Reporting
- Prepare daily collection and revenue reports.
- Prepare MIS reports as required by the Finance Manager.
- Assist in monthly closing activities and financial reporting.
- Maintain department-wise revenue and expense records.
- Track variances between actual and expected collections/revenue.

4. Expense & Vendor Management
- Verify vendor invoices and supporting documents before processing payments.
- Maintain vendor ledgers and payment schedules.
- Coordinate with purchase, stores and administrative departments for invoice verification.
- Monitor ou

📌 Finance Executive (Madurai)
🏢 Rio Hospital for Women and Children
📍 Madurai

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