Head of Finance

Live Connections; Chennai District; On-site; INR 2,000,000 - 2,500,000; Full time

Job summary

A healthcare staffing agency in Chennai is seeking a Head – Finance & Accounts to lead the finance function. The ideal candidate will have over 10 years of experience in finance, with at least 5 years in management roles specifically in the healthcare sector. This position requires oversight of financial controls, compliance, reporting, and strategic planning. The candidate should be a Chartered Accountant with strong leadership skills and a deep understanding of finance operations in a hospital setting.

Qualifications

• Minimum 10+ years in Finance & Accounts.
• At least 5 years of team-handling experience.
• Mandatory hospital/healthcare sector experience.

Responsibilities

• Oversee end-to-end finance and accounting operations.
• Prepare monthly, quarterly, and annual financial statements.
• Ensure compliance with statutory and regulatory requirements.
• Lead annual budgeting and long-term financial planning.

Skills

Leadership

Stakeholder management

Analytical skills

Problem-solving

Attention to detail

Education

CA-Inter / Chartered Accountant (CA)

Tools

Hospital billing systems

Health Information Systems (HIS)

ERP software

Job description

Head – Finance & Accounts (DGM / GM Level)

CTC: ₹20–25 Lakhs per annum

Reporting To: CFO / Managing Director

Job Summary

The Head – Finance & Accounts will lead the finance function of the hospital, ensuring robust financial controls, statutory compliance, accurate reporting, and strategic financial planning. The role requires strong leadership, deep understanding of hospital finance operations, and hands‑on experience in managing large finance teams.

Key Responsibilities

• Oversee end-to-end finance and accounting operations including AR, AP, GL, and finalization of accounts.
• Prepare monthly, quarterly, and annual financial statements in compliance with statutory requirements.
• Ensure timely MIS, budgeting, forecasting, and variance analysis for hospital operations.
• Manage cash flows, working capital, and fund utilization effectively.

Compliance & Audit

• Ensure compliance with statutory, regulatory, and taxation requirements (Income Tax, GST, TDS, PF, ESI, etc.).
• Coordinate and manage internal, statutory, and tax audits.
• Liaise with auditors, banks, financial institutions, and regulatory authorities.

Hospital‑Specific Financial Operations

• Monitor revenue cycle management including billing, collections, insurance, and TPA settlements.
• Control and optimize hospital costs including procurement, pharmacy, and consumables.
• Analyze department‑wise profitability and support operational heads with financial insights.

Budgeting & Strategic Support

• Lead annual budgeting and long‑term financial planning.
• Support management in strategic decision‑making, expansion plans, and capital expenditure evaluations.
• Develop and strengthen internal control systems and SOPs.
• Lead and mentor the finance & accounts team.
• Ensure proper allocation of work, performance management, and team development.
• Build a culture of compliance, accuracy, and accountability.

Qualifications & Experience

• Qualification: CA-Inter / Chartered Accountant (CA)
• Experience: Minimum 10+ years in Finance & Accounts
• At least 5 years of team‑handling experience
• Industry Experience: Mandatory hospital / healthcare sector experience
• Age Range: 40–45 years
• Strong knowledge of hospital accounting, taxation, and regulatory compliance
• Experience with hospital billing systems, HIS, and ERP software
• Excellent leadership and stakeholder management skills
• Strong analytical, problem‑solving, and decision‑making abilities
• High integrity and attention to detail
• CTC: ₹20–25 Lakhs per annum (commensurate with experience and capability)
• Performance‑based incentives as applicable

Seniority Level

• Mid‑Senior level

Employment Type

• Full‑time

Job Function

• Finance and Accounting/Auditing

Industries

• Hospitals and Health Care and Hospitals

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