Senior Executive - Assistant Manager - Finance and Accounts

Motherhood Hospital (Rhea Healthcare); Pune District; On-site; INR 500,000 - 800,000; Full time

Job summary

Motherhood Hospital (Rhea Healthcare) is seeking a meticulous financial professional to oversee crucial accounting functions including book closure, doctor payouts, and vendor payments. You'll coordinate with finance teams, manage accounts receivable and payable, and ensure accurate financial reconciliations.

The ideal candidate will possess strong financial reporting skills and experience with Navision software, alongside a degree in finance or accounting. Join us in enhancing our financial operations and contributing to exceptional patient care.

Responsibilities

• Coordinate with FDs for timely closure and accounting of invoices.
• Prepare monthly MIS and ensure revenue reconciliation.
• Manage accounts payable and vendor payment within credit period.
• Conduct cash collection and reconciliation with Navision.

Skills

Financial reporting

Vendor management

Cash reconciliation

Accounting software (Navision)

Education

Bachelor's in Finance or Accounting

Tools

Navision

Excel

Job description

Key Responsibilities:

MIS Financial

• Book Closure Coordinate with unit Controllership team, FDs and ensuring timely accounting of all invoices, preparing prepaid provisions trackers and passing required JVs in NAV. Closing books of accounts of respective units within timelines provided.
• MIS- Coordinating with FDs and unit team and preparing the monthly MIS of respective units.

Doctor Payout

Collating the required inputs from HIS, OT LDR Register, doctors agreement and preparing the doctors payout working. Discussing the same with FD and Corporate team to finalise the same.

Accounts Payable

Ensuring timely accounting of vendor invoices, coordinating with Unit Finance executives and corporate treasury function to release payments to vendors within credit period.

Accounts Receivable Revenue Reconciliation

• Revenue reconciliation Coordinate with unit finance executives and ensure FMs and Reconcile Credit billing flowing to Navision as AR Invoice with HIS bill register
• Reconcile the Cash collection Revenue and ensure that all the bills are settled, revenue correctly accounted and corresponding receipts is accounted.
• Providing the reconciliation and details of IP/OP Cash Collection Control Account- Ensure that this reflects only the deposits from patients admitted in hospital.
• Get the Receipt entries prepared by associates in excel upload file, review the same for correctness and upload these entries to Navision.
• Provide Debtors Ageing Report from Navision.

Treasury Bank Reconciliation

• Reconcile cash collection/receivable accounts
• Coordinate with AR/AP team and ensure all the receipts/payment entries, as appearing in bank statements, are accounted in Navision.
• Ensure that unit finance team prepares the BRS at unit level for all bank accounts operated tagged to respective units.
• Ensure all clearing accounts balances are periodically cleared to facilitate book close process
• Providing details of write off / write back with required justification.
• Get Cash Card Reco from all the units and ensure that unit finance executives prepare consolidated collection tracker for all centers and send to corporate finance team.
• Ensure that unit team Collect Cash deposit slips from different centers and match with CMS report.
• Ensure that Cash collected and deposited matches with Collection Summary from Insta HMS. Follow up for mismatch in cash deposit.
• Review unreconciled collection accounts and follow up with units as necessary