Head of Finance

Dr. Mehta's Hospitals; Chennai District; On-site; INR 2,000,000 - 2,500,000; Full time

Job summary

A leading multispecialty hospital in Chennai is seeking a seasoned financial leader to drive financial strategy and manage complex budgeting responsibilities. The ideal candidate will have over 15 years of experience in financial management within healthcare, exceptional skills in cost control and compliance with Indian taxation. This role demands proficiency with ERP systems and strong stakeholder management in a dynamic hospital setting. Join us in delivering advanced, compassionate care while ensuring the fiscal health of our organization.

Qualifications

• 15+ years of experience in financial management, preferably in healthcare.
• In-depth knowledge of Indian taxation and statutory compliance.
• Experience with HIS, ERP, accounting software, HRMS.

Responsibilities

• Align financial strategy with hospital vision and growth plans.
• Supervise billing, collections, and insurance settlements.
• Provide financial insights to support hospital expansion.
• Implement internal financial controls and oversee hospital budgeting.
• Ensure compliance with GST, Income Tax, and statutory requirements.

Skills

Financial Leadership

Cost Control

Budgeting

Team Cohesion

Decision-Making

ERP Proficiency

Stakeholder Management

Education

CA / CMA / MBA (Finance) from a recognized institute

Tools

HIS

ERP Systems

Accounting Software

Advanced Excel

Job description

Career at Dr Mehta's Hospital | Full Time

• Education: CA / CMA / MBA (Finance) from a recognized institute
• Work Experience: 15+ Years of experience

Skill Required

• Maintain EBITDA & PAT, Fund Flow Mgmt, Cost Control with Adherence, Pricing Strategy / Revisions, Group Statutory Compliance, Collections, Discounts & Write-Off’s, Risk Reduction & Business Continuity, Team Cohesion, Decision-Making Dashboards

Duties and Responsibilities

• Financial Leadership & Strategic Thinking
• Ability to align financial strategy with hospital vision and growth plans
• Long-term financial planning for capacity expansion and service lines
• Decision-making based on financial and operational data
• Budgeting, Cost Control & Profitability
• Zero-based and activity-based budgeting skills
• Cost optimization without compromising patient care quality
• Department-wise profitability and cost center analysis
• Deep understanding of hospital revenue models (OPD, IPD, diagnostics, pharmacy)
• Knowledge of package pricing, DRG-based costing, and specialty-wise margins
• Understanding of Compliance Bodies -related financial implications
• Oversee hospital budgeting, forecasting, and financial planning processes
• Monitor cash flow, working capital, and fund utilization
• Ensure accurate preparation of monthly, quarterly, and annual financial statements
• Implement internal financial controls to safeguard hospital assets
• Accounting & Compliance
• Ensure compliance with statutory requirements including GST, Income Tax, TDS, PF, ESI, and other applicable laws
• Coordinate with statutory auditors, internal auditors, and tax consultants
• Ensure timely filing of returns and compliance with healthcare-related financial regulations
• Revenue Cycle & Cost Management
• Supervise billing, collections, and insurance / TPA settlements
• Analyze revenue leakage and improve billing efficiency
• Control operational costs while maintaining quality patient care
• Evaluate departmental profitability and cost centres
• Strategic & Business Support
• Provide financial insights to support hospital expansion, new services, and capital investments
• Evaluate CAPEX proposals, including medical equipment procurement
• Assist in pricing strategy for medical services and packages
• Support management in negotiations with vendors, insurers, and banks
• Lead and develop the finance and accounts team
• Drive implementation and optimization of HIS / ERP / HRMS / Accounting systems
• Establish SOPs for finance and procurement processes
• Will be closely working with the Top Management & the Board
• Will Be also be an advisory in Investments and Costing
• Experience with HIS, ERP, accounting software, HRMS
• Ability to automate finance processes and improve controls
• System integration across clinical and finance functions
• Strong understanding of hospital finance and healthcare economics
• Knowledge of Indian taxation and statutory compliance
• Expertise in budgeting, MIS, and financial analysis
• Leadership and stakeholder management skills
• Proficiency in ERP systems and advanced Excel
• High ethical standards and attention to detail

Dr. Mehta’s Hospitals is a leading multispecialty hospital in Chennai with over 90 years of excellence. With 400+ beds and 80+ specialties, its Chetpet and Velappanchavadi centers offer advanced, state-of-the-art, compassionate care under one roof.

Dr. Mehta’s Hospitals is a leading multispecialty hospital in Chennai with over 90 years of excellence. With 400+ beds and 80+ specialties, its Chetpet and Velappanchavadi centers offer advanced, state-of-the-­​art, compassionate care under one roof.

• No. 50, Poonamallee High Road, Velappanchavadi, Chennai - 600 077.