Medanta - Finance Manager - Lab & Pharmacy Vertical

2 days ago


Gurugram, India Medanta Full time

Description:About the Role:The Manager Finance will oversee and guide the finance & accounts function across all laboratory and pharmacy locations/units.The role will provide leadership to unit-level accountants, ensure adherence to financial processes, maintain compliance, and support business decision-making with accurate and timely reporting.Key Responsibilities:Team Leadership & Coordination:- Lead, mentor, and supervise all accountants/finance executives across laboratories and pharmacy outlets.- Standardize finance processes and ensure consistency across all locations.- Build capability of unit-level resources through training and support.Financial Operations:- Oversee day-to-day accounting, billing, collections, payments, and reconciliations.- Ensure timely month-end and year-end closures for all units.- Monitor working capital, cash flows, vendor payments, and receivables.Compliance & Controls:- Ensure GST, TDS, statutory filings, and regulatory compliance across all locations.- Strengthen internal controls and ensure adherence to SOPs.- Coordinate with auditors (internal & statutory) and ensure timely completion.Business Finance & Analytics:- Consolidate MIS from all locations and present financial dashboards to management.- Track profitability, costs, and key financial ratios of labs and pharmacies.- Provide insights for decision-making on expansion, cost control, and pricing.System & Process Improvements:- Drive automation and digital adoption in finance processes.- Ensure effective utilization of ERP/accounting systems across units.- Identify gaps and implement best practices for efficiency.Key Skills & Competencies:- Strong knowledge of accounting, taxation, and compliance (preferably in healthcare/retail).- Ability to manage and lead geographically dispersed teams.- Proficiency in financial reporting, analysis, and MS Excel/ERP systems.- Strong communication and stakeholder management skills.- Problem-solving and process improvement mindset.Qualification & Experience:Education: CA / CMA / MBA (Finance) / M.Com.Experience: 10 - 12 years in finance & accounts, with at least 23 years in a multi-location retail, healthcare, or service industry setup.Preferred: Experience in laboratory, pharmacy, or healthcare retail chains. (ref:iimjobs.com)



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