Head Accounts and Finance

med-engage; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

med-engage is seeking an experienced accounting and reporting professional in Mumbai to oversee books as per the Companies Act 2013 and Ind AS, prepare quarterly/annual results for the Audit Committee and Board, and manage asset registers and lease accounting. The role covers revenue recognition, related-party disclosures, and collaboration with auditors and investor relations teams.

You will drive controls, automation of reconciliations, month-end checklists, and MIS packs to ensure audit-ready

Qualifications

• Working knowledge of AR, AP, and taxation processes as described in the job scope.

Responsibilities

• Maintain books in line with Companies Act 2013, Ind AS 2019-2020 era. (Note: this line mirrors the content in A)
• Prepare quarterly and annual results for Audit Committee and Board as per SEBI LODR Regulations 2015.
• Maintain fixed asset register, CWIP, impairment and lease accounting under Ind AS 116.
• Manage revenue recognition under Ind AS 115 for various contracts including discounts and unbilled revenue.
• Ensure related-party identification and disclosure under Ind AS 24 and Companies Act 188; support CARO 2020.
• Coordinate with statutory auditors, internal auditors, Company Secretary and Investor Relations.

Skills

Accounting

Job description

A. Accounting and Reporting

• Ensure books are maintained in line with Section 128 and financial statements per Section 129 of the Companies Act, 2013, with Ind AS.
• Prepare quarterly and annual results for approval by the Audit Committee and Board, in line with Regulation 33 of the SEBI (LODR) Regulations, 2015.
• Maintain the fixed asset register (capitalisation, CWIP, impairment) and lease accounting (Ind AS 116) for centres, labs and equipment.
• Manage revenue recognition (Ind AS 115) for test, package, corporate and institutional contracts, including discounts, rebates and unbilled revenue.
• Ensure related-party identification and disclosure (Ind AS 24; Section 188 of the Companies Act; Regulation 23 of LODR).
• Support CARO 2020 reporting and the auditor's IFC opinion (Section 143(3)(i)).
• Coordinate with statutory auditors, internal auditors, the Company Secretary and the Investor Relations team.

B. Accounts Receivable (working knowledge required)

• Oversee ageing, ECL provision matrix (Ind AS 109 simplified approach), and bad-debt write-off policy.
• Ensure cash application, unapplied receipts and credit-note discipline.

C. Accounts Payable (working knowledge required)

• Oversee vendor statement reconciliations, accrual completeness and TDS deduction at the time of booking.

D. Taxation (working knowledge required)

• Direct tax: oversight of TDS/TCS compliance, quarterly TDS returns, advance tax, current and deferred tax computation (Ind AS 12), tax audit and transfer pricing support if applicable.
• Indirect tax: GST compliance under the CGST Act, 2017 (GSTR-1, GSTR-3B, annual return and reconciliation), ITC eligibility under Section 16, GSTR-2B reconciliation, and correct classification and exemption treatment of healthcare and diagnostic services (subject to current notifications).

E. Controls, Automation and Governance

• Define the IFC framework (RCM, walkthroughs, testing), SOPs and delegation of authority.
• Drive automation such as bank reconciliation, ageing dashboards, e-invoicing and auto-matching of AP invoices. Ensure month-end checklists, MIS packs and audit-ready documentation.