Senior Manager – Accounts

V. M. SALGAOCAR AND BROTHER PVT. LTD.; South Goa District; On-site; INR 1,200,000 - 1,600,000; Full time

Job summary

V. M. SALGAOCAR AND BROTHER PVT. LTD.

in Goa is seeking a Senior Manager - Accounts to ensure accurate financial accounting, timely reporting, statutory compliance and robust budgetary control across hospital operations. The role covers revenue cycle management, cash-flow planning, audit coordination and financial analysis to support strategic decision-making and regulatory adherence. You will lead a team of accounts and billing professionals, implement strong internal controls, and coordinate

Qualifications

• Oversee accurate financial accounting, timely reporting and statutory compliance.
• Manage budgeting, cash flow, internal controls and audit coordination.
• Monitor hospital revenue cycles, billing, collections and procurement.

Responsibilities

• Oversee day-to-day accounting ops including OPD/IPD billing, GL, reconciliations.
• Ensure monthly/quarterly/annual close per accounting standards and policies.
• Review Trial Balance, P&L, Balance Sheet and cash flow statements.
• Reconcile hospital revenue, expenses, assets, liabilities and provisions.
• Prepare MIS, dashboards and profitability analysis.
• Monitor receivables/payables and ensure timely reconciliation.
• Identify discrepancies and resolve them promptly.
• Monitor IPD/OPD, diagnostics, pharmacy revenue and billing integrity.
• Lead internal controls and treasury management.

Job description

V. M. SALGAOCAR AND BROTHER PVT. LTD. | Full time

The Senior Manager - Accounts will be responsible for en suring accurate fi nancial ac counting , timely reporting, sta tutory compliance, budgeting, cash-flow management, internal controls, audit coordination, and effective financial monitoring of hospital operations. The role requires strong knowledge of accounting principles and financial controls, along with a sound understanding of hospital revenue cycles, insurance/TPA billing, patient collections, pharmacy, diagnostics, procurement, and other healthcare financial processes . The position will also play a key role in ensuring financial accuracy, effective monitoring, regulatory compliance, and timely financial insights to support informed business decisions.

Key Responsibilities

• Supervise and oversee day-to-day accounting operations, including OPD and IPD Billing, Accounts Payable, Accounts Receivable, General Ledger, bank reconciliations, journal entries and provisions.
  
• Ensure accurate and timely monthly, quarterly and annual financial closing in accordance with applicable accounting standards and organizational policies.
  
• Review Trial Balance, Profit & Loss Account, Balance Sheet, Cash Flow Statements and other financial reports.
  
• Ensure proper accounting and reconciliation of hospital revenue, expenses, assets, liabilities and provisions.
  
• Prepare and review monthly MIS, management reports, profitability analysis and financial dashboards.
  
• Monitor outstanding receivables and payables and ensure timely reconciliation and follow-up.
  
• Identify accounting discrepancies and ensure timely resolution.
  

2. Hospital Revenue Cycle & Collection Management

• Monitor and review revenue generated from IPD, OPD, diagnostics, pharmacy, OT, ICU and other hospital services.
  
• Ensure reconciliation between hospital billing systems, operational records and accounting books.
  
• Monitor patient collections through cash, card, UPI, online and other payment modes.
  
• Review insurance and TPA receivables and coordinate with the relevant teams to ensure timely claim submission, follow-up and settlement.
  
• Monitor credit billing, discounts, refunds, cancellations, write- offs and other revenue adjustments.
  
• Analyse revenue trends and identify revenue leakages, billing gaps and process inefficiencies.
  
• Strengthen controls across the hospital revenue cycle to improve billing accuracy, collections and overall revenue realisation .
  
• Monitor ageing of patient, corporate, insurance and TPA receivables and drive timely collection.
  

3. Budgeting, Planning & Financial Analysis

• Assist management in the preparation of annual budgets, operating plans and financial projections.
  
• Prepare and monitor departmental budgets and analyse actual performance against approved budgets.
  
• Conduct variance analysis and provide insights and corrective-action recommendations to management.
  
• Support financial forecasting and cash-flow planning.
  
• Identify opportunities for cost optimisation and improvement in operational profitability.
  
• Provide financial inputs for pricing, service-line profitability and other business decisions.
  

4. Statutory Compliance

• Ensure timely compliance with applicable GST, TDS, Income Tax, PF, ESIC and other statutory requirements.
  
• Ensure timely preparation, review and filing of statutory returns and related documentation.
  
• Coordinate with tax consultants, auditors and external professionals as required .
  
• Maintain accurate records and documentation to support statutory compliance.
  
• Monitor changes in applicable statutory and regulatory requirements and ensure necessary implementation.
  

5. Audit & Internal Controls

• Coordinate internal, statutory and tax audits and ensure timely closure of audit requirements.
  
• Prepare audit schedules, supporting documents and responses to audit observations.
  
• Strengthen internal financial controls and ensure adherence to approved policies, SOPs and processes.
  
• Conduct periodic internal reviews of financial and operational processes to identify control gaps, errors, process deviations and potential revenue leakages.
  
• Ensure appropriate authorisation , supporting documentation and segregation of duties for financial transactions.
  
• Conduct periodic financial and process audits of key hospital departments, including Pharmacy, Stores, Billing and other revenue-generating or expenditure-related functions.
  
• Track audit observations and ensure timely implementation of corrective and preventive actions.
  

6. Cash Flow & Treasury Management

• Monitor daily cash and bank positions and assess working-capital requirements.
  
• Prepare and monitor short-term and periodic cash-flow forecasts.
  
• Ensure adequate availability of funds for day-to-day hospital operations.
  
• Monitor bank accounts and ensure timely bank reconciliations.
  
• Review cash collections and deposits and ensure appropriate controls over cash handling.
  
• Coordinate with banks and financial institutions as required .
  
• Review vendor invoices, purchase-related accounting and payment processes.
  
• Ensure timely reconciliation of vendor accounts and resolution of discrepancies.
  
• Monitor outstanding vendor balances and payment schedules.
  
• Work closely with Purchase, Stores and Administration teams to strengthen procurement and financial controls.
  
• Review purchase orders, invoices, supporting documents and payment approvals as per established processes.
  
• Monitor and review doctor payments, professional fees and related accounting and documentation.
  
• Ensure appropriate withholding tax and statutory treatment for vendor and professional payments.
  

8. Team Management & Development

• Lead, guide and supervise the Accounts & Finance and Billing teams.
  
• Allocate responsibilities, establish priorities and monitor team performance.
  
• Ensure adequate coordination between Accounts, Billing and other hospital departments.
  
• Develop team capabilities through coaching, training and process improvement initiatives.
  
• Establish accountability and ensure adherence to accounting policies, SOPs and internal controls.
  
• Drive process discipline, accuracy and timely completion of finance-related activities.
  

9. Management Reporting & Business Support

• Provide financial analysis, insights and recommendations to the CEO, Finance Head and hospital management.