Assistant Manager – Finance & Accounts (Corporate Office)
About MAX Healthcare:
Max Healthcare Institute Limited (MHIL) is one of India’s largest and most valued private hospital chains, with 22+ healthcare facilities across key locations including Delhi NCR, Mumbai, Mohali, Bhatinda, Dehradun, Lucknow, and Nagpur. With a workforce of 35,000+ professionals, including 5,000+ clinicians and 12,000+ nurses and paramedics, MHIL delivers high-quality, advanced healthcare services. The organization also operates Max@Home, a leading healthcare-at-home service across 12 cities, and Max Lab, offering 2,700+ diagnostic tests in 50+ cities across North India.
Role Overview:
To manage the overall accounting function, financial reporting, working capital management, fixed asset and CAPEX monitoring, statutory compliance, and monthly and annual financial closures.
Key Roles and Responsibilities:
A.Financial Accounting & Reporting
- Manage the overall accounting function and ensure accurate, complete, and timely maintenance of books of accounts.
- Prepare monthly financial statements, supporting schedules, management reports, and variance analysis.
- Monitor working capital, cash flow, receivables, payables, and other key financial indicators.
- Ensure timely month-end and year-end closing of books in accordance with internal timelines and accounting standards.
- Conduct periodic scrutiny of ledger accounts, control accounts, and financial transactions to identify and resolve discrepancies.
B.Fixed Asset & CAPEX Management
- Prepare and monitor capital expenditure (CAPEX) budgets and track actual expenditure against approved budgets.
- Maintain the fixed asset register and ensure proper accounting, capitalization, depreciation, and reconciliation of fixed assets.
- Monitor CAPEX utilization, budget variances, and compliance with the company's approval matrix.
C.Statutory Compliance & Taxation
- Ensure timely compliance with applicable statutory requirements, including GST, TDS, and Income Tax.
- Monitor tax payments, return filings, assessments, notices, and other statutory deadlines.
- Coordinate with tax consultants and auditors for tax audits, annual Income Tax Return (ITR) filings, and related documentation.
- Ensure proper documentation, reconciliations, and records to support statutory compliance and minimize financial and regulatory risks.
D.Internal Controls & SOP Compliance
- Conduct regular scrutiny of books of accounts to ensure compliance with internal SOPs, accounting policies, and applicable regulations.
- Monitor ERP alerts, exception reports, and control accounts, ensuring timely investigation and corrective action.
- Strengthen internal financial controls and establish processes to improve accuracy, accountability, and operational efficiency.
E.Financial Closing & Intercompany Accounting
- Work with financial information generated through Hospital Information Systems (HIS), SunSystems, and other ERP platforms.
- Monitor system-generated reports, financial exceptions, and transaction-level controls.
- Develop, implement, and monitor accounting processes and SOPs across functions.
- Identify process gaps and recommend improvements in reporting, compliance, and financial control mechanisms.
Key Skills & Competencies:
- Strong understanding of financial accounting, financial statements, accounting principles, and working capital management.
- Sound knowledge of statutory regulations, particularly GST, TDS, and Income Tax.
- Experience in financial reporting, variance analysis, account reconciliations, and month-end and year-end closures.
- Knowledge of fixed asset accounting, CAPEX budgeting, and expenditure monitoring.
- Strong understanding of financial accounting, financial statements, accounting principles, and working capital management.
- Sound knowledge of statutory regulations, particularly GST, TDS, and Income Tax.
- Experience in financial reporting, variance analysis, account reconciliations, and month-end and year-end closures.
- Knowledge of fixed asset accounting, CAPEX budgeting, and expenditure monitoring.
Experience & Qualifications
- 4 to 8 years experience in accounting and finance
- Exposure to Healthcare industry will be preferred
- Professional qualification- CA Inter is preferred
- Familiarity with HIS, SunSystems, ERP reports, exception monitoring, and control accounts