Finance Manager

Ankura Hospital; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Ankura Hospital in Hyderabad seeks a dedicated Revenue Assurance & Collection Controls professional to manage end-to-end revenue processes. You will review daily revenue entries in HIMS and reconcile with SAP, and monitor cash, card, UPI, and bank collections to ensure timely reconciliation.

You will review insurance receivables, coordinate with billing, TPA, and insurer teams for timely claim realization, analyse deductions, and ensure accurate revenue accounting and compliance with policies.

Job description

Role & responsibilities

Revenue Assurance & Collection Controls

• Review daily revenue recorded in HIMS and reconcile with SAP.
• Monitor cash, card, UPI, and bank collections and ensure timely reconciliation.
• Review cash deposits and investigate collection discrepancies.
• Monitor refund transactions and ensure proper authorization and accounting.
• Identify and resolve revenue leakages and billing discrepancies.
• Ensure timely and accurate revenue accounting in compliance with accounting policies.
• Prepare daily, weekly, and monthly revenue reconciliation reports and MIS.

Insurance Receivable Management

• Review accounting of insurance receipts and receivables.
• Monitor outstanding receivables from TPAs and insurance companies.
• Coordinate with billing, TPA, and insurance teams for timely claim realization.
• Analyse claim deductions, identify root causes, and recommend corrective actions.
• Reconcile insurance collections with bank receipts and accounting records.
• Monitor ageing of insurance receivables and initiate follow-up for overdue balances.

Financial Controls & Compliance

• Ensure adherence to revenue recognition policies and internal financial controls.
• Review compliance with approved billing, collection, refund, and insurance processes.
• Support internal, statutory, and management audits by providing required reconciliations and documentation.
• Recommend process improvements to strengthen revenue controls and reduce revenue leakage.

MIS & Business Support

• Prepare revenue dashboards, collection reports, ageing analysis, and collection efficiency reports.
• Monitor key revenue KPIs and highlight exceptions to management.
• Support management in improving cash flows and collection performance through analytical insights.

Key Result Areas (KRAs)

• 100% completion of daily HIMS vs SAP revenue reconciliation.
• Nil unexplained cash, card, or UPI reconciliation differences.
• Timely and accurate revenue recognition in books.
• Collection discrepancies investigated and resolved within defined timelines.
• Reduction in revenue leakage and unauthorized refunds.
• Monthly revenue MIS submitted within prescribed timelines.
• Reduction in ageing of insurance receivables.
• Timely reconciliation of insurance receipts with bank and accounting records.
• Compliance with internal controls, audit requirements, and revenue policies.
• Improved working capital through timely realization of receivables.