JD for Finance Executive - Recent IPD Bannerghatta

Department: Finance Department

Reports to: Finance Manager

Job Location: Bannerghatta, Bangalore

Key Responsibilities Cash Handling and Collection:

Patient Cash Collections: Oversee cash payments received from patients upon admission, during hospitalization, and at discharge.

Manage Payment Modes: Accept payments in various forms, including cash, cheque, debit/credit card, payment gateways or online transfers, ensuring accurate processing of all transactions.

Cash Receipts: Maintain a detailed record of all cash receipts, including the amount received, payer’s details, and service provided.

Billing And Invoice Management Generate Patient Bills: Prepare and issue accurate invoices for patients based on their treatment, procedures, and room charges.

Payment Reconciliation: Reconcile payments made with the corresponding invoices and ensure all payments are accounted for properly.

Track Pending Payments: Follow up with patients, insurance companies, and third-party payers for pending or outstanding payments.

Cash Reconciliation Daily Cash Balancing: Perform daily cash count and reconciliation against the cash receipt records and transaction logs.

Bank Deposits:



Ensure that all cash collected is deposited in the hospital's bank account as per internal protocols and SOP's.

Ensure Accuracy: Investigate and resolve discrepancies between recorded and physical cash balances.

Accounting Functions Maintain Financial Records: Ensure that all financial transactions are recorded accurately in the accounting system (Tally Prime, or hospital-specific software).

Insurance Processing And Claim Follow-Up Liaison with Insurance Providers: Verify insurance details and ensure claims are filed correctly for inpatient services.

Claims Monitoring: Follow up with insurance companies for the status of claims and assist with the resolution of claim discrepancies.

Compliance And Audits Adhere to Legal Guidelines: Ensure all transactions and cash handling procedures comply with hospital policies.

Prepare for Audits: Assist in audits by providing required financial documents and reports.

Ensure Data Security: Safeguard sensitive patient and financial information in line with confidentiality and data protection regulations including HIPPA compliances

Others Updation of Fixed Assets Register

Handling of Petty Cash Expenses

Preparation of Work order and Purchase Orders

📌 finance executive (Bengaluru)
🏢 Amaha
📍 Bengaluru