Finance controller

UpMan Placements; Bengaluru; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

UpMan Placements is seeking an experienced finance leader to oversee the hospital's financial operations in Bengaluru. The role includes leading daily accounting, reporting, budgeting, and revenue cycle activities to ensure accuracy and regulatory compliance.

The position requires 8–12 years in finance, with 3–5 years in healthcare finance; CA is preferred. Strong leadership is needed to coordinate with clinical and administrative teams in a dynamic hospital setting.

Qualifications

• 8–12 years in finance/accounting.
• 3–5 years in hospital or healthcare finance.
• CA preferred.

Responsibilities

• 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.
• Develop and manage annual hospital budgets and monitor departmental budgets.
• Conduct financial forecasting and variance analysis and provide strategic insights.
• Oversee billing, insurance claims, and collections.
• Coordinate internal and external audits and implement controls to prevent fraud.
• Prepare financial reports for senior management and board members.
• Track KPIs like cost per patient, revenue per bed, and margins.
• Supervise finance, billing, and accounting staff.

Skills

Financial planning

Healthcare billing

Budgeting

ERP systems

Regulatory compliance

Leadership

Education

Bachelor's degree in Finance, Accounting, or Commerce

CA

Tools

Accounting software

ERP systems

Job description

Job Description

Key Responsibilities

1. Financial Management

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
• Strong analytical and leadership skills

Key Performance Indicators (KPIs)

• Budget adherence
• Revenue cycle efficiency
• Cost control improvements
• Audit compliance
• Financial reporting accuracy

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