Finance Head

Coxvi Technologies; Varanasi; On-site; INR 1,674,000 - 2,232,000; Full time

Benefits offered by this job

Travel allowances

Accommodation allowances

Performance bonus

Job summary

Coxvi Technologies in Varanasi, Uttar Pradesh, seeks a Finance Head to lead the complete finance function for a multi-location hospital group. You will shape financial strategy, drive growth, ensure compliance, and oversee budgeting, forecasting, and treasury across locations.

The role requires CA/MBA (Finance) or equivalent and 10–15 years of finance experience, preferably in healthcare. Fixed monthly salary with performance-based variable and location allowances, 6-day work week.

Qualifications

• 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.

Responsibilities

• Strategic Finance and Growth: drive revenue growth and EBITDA, advise on capital planning and budgets, ROI analyses.
• Hospital Finance Management: manage revenue cycle, control costs, monitor KPIs, oversee financial reporting across units.
• Governance and Compliance: ensure statutory compliance, audits, and regulator liaison, strengthen controls.
• Systems and Operational Excellence: implement ERP/HIS-financial systems, establishTreasury SOPs, produce MIS dashboards, mentor teams.

Education

CA / MBA (Finance) or equivalent qualification

Job description

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 new facilities, through ROI and payback analysis.

2. 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.

3. 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.

4. 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.