JOB SPECIFICATION

DEPARTMENT Finance and Accounts

JOB TITLE Unit Finance Head

UNIT Yelahanka

ADMINISTRATIVE REPORTING TO Director - Operations

FUNCTIONAL REPORTING TO CFO - Corporate

SUB-GROUP Support

EDUCATION/ QUALIFICATION CA

Work Relations

EXPERIENCE 4 years Post Qualification

INTERNAL INTERFACE IP Billing & Receivables, Corporate Relation, CFO, Corporate Finance, Marketing, Stores, Purchase, Administration

EXTERNAL INTERFACE Income tax, Sales tax Authorities, External Auditors, Internal Auditors, Legal advisors and other statutory/regulatory bodies etc.

JOB PURPOSE Support business planning and decision-making tasks by providing appropriate financial advice and undertaking related accounts administration and function delivery.

CRITICAL ACCOUNTABILITIES Monitor the Fund Flow, working capital of the Unit

Deal with the business expansion plans in consultation with Head Finance, Unit Head or competent authority.

Attend to any appeals and other notices received from various statutory departments

Accounts

KEY RESPONSIBILITIES

Ensure proper and accurate maintenance of the books of accounts

Ensure timely closure of all billing and monthly accounts

Ensure accuracy of billing and collections

- Collections of cash is proper and it is accounted

- Discounts are given as per the rules

- Timely remittances of cash/cheque collected

- Cheque balances are accurate

- Accuracy of billing as per the correct package and pricing followed is accurate.

- Ensure all accounts are kept properly-up to date and monthly closures are completed on time, accounted for and free from errors





- Ensure accounting is done as per the proper accounting principles (amounts that need to be capitalized, debited/credited as per defined guidelines)

- Run periodic checks to ensure proper documentation of papers, storage and are easily retrievable.

- Handling cash collections

Mis

- Preparation and forwarding of monthly MIS reports to the Unit Head and CFO

- Ensure MIS reports are generated on time and sent to Corporate Office

- Conduct an analysis of key financial indicators to identify what is going well/not going so well and send required information to Corp. Office

- Use the existing information and analysis to assist in corrective action and decision making by the Unit head.

- Provide a daily report to the Unit head on the performance of the unit for the day or month/trend etc.

- Provide the Unit head with reports on budgets, other MIS reports, tax implications in transactions and analyze jointly the course of action to be taken.

- Keeping records of capital expenditure

- Working closely on the budgets for the financial year (operating and capital) and monitoring the same.

- Play an active role in costing of services, profitability of the hospital and giving data/inputs for pricing of services/packages.

Payments





- Ensuring proper/error free calculations are made by team members and timely disbursements of fees/payables to doctors (based on the contribution), consultants, vendors

- Ensure all payment entries are updated on the system

- Overseeing the preliminary processing of payments by team members and authorizing payments.

- Ensure standard deductions are made on all payments made to various parties

- Checking details of exceptions

Statutory Compliances

- Ensuring all statutory compliances are met

- Ensuring GST returns are filed on time, TDS is deducted from payments and remitted on time, TDS returns are filed on time

- Ensure luxury tax is remitted on time

- Ensure 100% compliance is met with respect to income tax rules

Subordinate Development

- Giving subordinates direction in their day to day activities

- Identify training needs and areas of improvement for team members

- Giving targets, monitoring to ensure achievement of targets and giving periodic feedback to team members on their performance and areas of improvement.

- Delegating with a view to develop the second line

- Ensuring team is updated on the latest changes in statutory regulations and technical knowledge

Skills And Knowledge

Knowledge of Taxation- GST, TDS, Accounting Standards and Statutory Compliances

Complete track on Receivables & Payables

Developing Budgets, Tracking Budget, Expenses Accounting

Managing Processes, Reporting Research Results, Management Proficiency, Coordination, Attention to Detail

Team Development and Administration

Location

Infantry Road, Bengaluru, Karnataka, India 560001

Qualification

CA

Department

General

📌 Unit Head - Finance (Bengaluru)
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