Career at Dr Mehta's Hospital | Full Time
Head of Finance
Finance
Job Information:
- Department : Finance
- Location: Chetpet
- Contact Email: mgrrecruit@mehtahospital.com
- Contact Number: +91 73050 96562
Apply Here
Job Description
Qualification:
- 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
- Healthcare Financial Acumen
- 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
- Financial Management & Control
- 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
- Team Leadership & Systems
- 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
- Technology & Systems Orientation
- Experience with HIS, ERP, accounting software, HRMS
- Ability to automate finance processes and improve controls
- System integration across clinical and finance functions
- Key Skills & Competencies
- 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
