Finance Head (Varanasi)

Finance Head (Varanasi)

04 Nov
|
Coxvi Technologies
|
Varanasi

04 Nov

Coxvi Technologies

Varanasi

Job Title: Finance Head

Location: Varanasi, Uttar Pradesh

Experience: 10 to 15 Years

Salary: 1824 LPA (Fixed) + Performance-Based Variable

Employment Type: Full-Time

Working Days: 6 Days a Week

About the Role

We are looking for an experienced Finance Head to lead the complete finance function of a multi-specialty hospital group. The candidate will be responsible for financial strategy, revenue growth, financial planning, compliance, governance, and overall financial management across multiple locations, with a primary focus on hospital operations.

Key Responsibilities

1. Strategic Finance and Growth

- Drive revenue growth and EBITDA improvement through payor mix, pricing, occupancy, ARPOB, and service-line profitability analysis.
- Advise management on capital planning, debt-equity structuring, fundraising, and long-term financial sustainability.
- Prepare and review annual budgets, business plans, and financial forecasts across all units.
- Evaluate capital expenditure proposals, including equipment and recent facilities, through ROI and payback analysis.

1. Hospital Finance Management

- Oversee the complete revenue cycle, including OPD/IPD billing, TPA/insurance, government schemes (PMJAY, CGHS, ECHS, etc.), claim submissions, follow-ups, and reduction of claim rejections and receivable days.
- Control costs across pharmacy, consumables, procurement, manpower, and utilities.
- Monitor financial KPIs such as revenue per bed, ALOS, collection efficiency, debtor days, and department-wise P&L.;




- Oversee financial reporting for the hospitality unit and other group activities.

1. Governance and Compliance

- Ensure timely compliance with Income Tax, GST, TDS, Companies Act, and other applicable statutory and healthcare regulations.
- Manage statutory, internal, and tax audits.
- Coordinate with auditors, banks, financial institutions, and regulatory authorities.
- Strengthen internal controls, risk management, and audit frameworks across locations.
- Manage banking relationships, loan covenants, and lender reporting.

1. Systems and Operational Excellence

- Implement and manage ERP/HIS-integrated financial systems for multi-location financial consolidation.
- Establish SOPs for treasury, cash flow management, procurement, and vendor management.
- Prepare monthly MIS reports and financial dashboards for management.
- Lead, mentor, and build finance and billing teams.

Qualifications and Experience
- CA / MBA (Finance) or equivalent qualification.
- 10–15 years of experience in finance, preferably in hospitals or healthcare groups.
- Proven experience in multi-location financial management and compliance.
- Strong knowledge of accounting standards, taxation, auditing, and treasury management.
- Strong leadership, communication, and stakeholder management skills.

Compensation and Benefits
- Fixed salary: 1.5–2.0 lakh per month, depending on experience and last drawn salary.
- Performance-linked variable bonus.
- Travel, communication, and accommodation allowances, if required.

📌 Finance Head (Varanasi)
🏢 Coxvi Technologies
📍 Varanasi

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