Oversee daily financial operations of the hospital.
Prepare and review monthly, quarterly, and annual financial statements.
Ensure accurate accounting records and compliance with financial regulations.
Monitor cash flow, accounts payable, and accounts receivable.
2. Budgeting & Financial Planning
Develop and manage annual hospital budgets.
Monitor departmental budgets and control costs.
Conduct financial forecasting and variance analysis.
Support management with financial insights for strategic decisions.
3. Revenue Cycle Management
Oversee billing, insurance claims, and collections.
Monitor patient revenue and ensure timely reimbursement.
Improve financial performance through revenue cycle optimization.
4. Compliance & Audit
Ensure compliance with healthcare financial regulations and internal policies.
Coordinate internal and external audits.
Implement financial controls to prevent fraud and errors.
5. Financial Reporting & Analysis
Prepare financial reports for senior management and board members.
Analyze financial performance and recommend improvements.
Track key financial indicators such as cost per patient, revenue per bed, and operational margins.
6. Team Management
Supervise finance, billing, and accounting staff.
Train and mentor finance team members.
Ensure smooth coordination with clinical and administrative departments.
Required Qualifications
Education:
- Bachelors degree in Finance, Accounting, or Commerce
- Preferred: CA
Experience:
- 8–12 years in finance/accounting
- 3–5 years in hospital or healthcare finance
Key Skills
- Financial planning and analysis
- Healthcare billing and insurance processes
- Budgeting and cost control
- Accounting software and ERP systems
- Regulatory compliance and auditing
- Solid analytical and leadership skills