Senior Executive – Credit Control

3 weeks ago

Hubli, Karnataka, India RxDx Healthcare Full time

About RxDX

RxDx Healthcare is a Bengaluru-based NABH-NABL accredited multispeciality healthcare chain. Founded in 2007, our company is guided by the core principles of delivering the best health outcomes, at optimal cost, with utmost patient satisfaction.

Two main hubs of RxDx are located at Whitefield and Malleswaram, with peripheral branches in Kadugodi and Siddapura. In 2023, we expanded with two new centres, one in the bustling Dommasandra Circle and another in the Diamond District, Domlur. In 2024, we expanded our presence in North Bengaluru by inauguring our newest flagship clinic in Jakkur. The same year, we set up our first apartment clinic, RxDx Alpine Eco. Including corporate tie-ups, RxDx now operates around 30 medical centres across Bangalore.

Job Summary

RxDx is looking for a Senior Executive – Credit Control & Corporate Accounts to manage the end-to-end credit control, collections, pricing proposals, corporate agreements, and contract renewals. The role requires strong financial acumen, experience in handling corporate accounts (TPAs, insurers, corporates, and government schemes), and expertise in documentation.

The candidate will also be responsible for pricing negotiations with corporate clients, requiring a keen understanding of competitor pricing, market intelligence, and industry trends to ensure RxDx remains competitive in the healthcare sector. Additionally, the role involves collaborating with MARCOM to enhance brand visibility for new corporate partnerships.

Key Responsibilities

Credit Control & Collections

· Oversee billing to collections management for corporate clients, TPAs, Insurers and government schemes.

· Perform accounts receivable functions, including invoicing, reconciliation, and discrepancy resolution.

· Monitor corporate bill cancellations, to ensure accurate invoicing.

· Ensure timely invoice submissions through various channels (email, online portals, postal mail/courier or facilitating in-person submission with proper acknowledgement).

· Manage query resolutions and escalations related to invoices, payments, and disputes.

· Develop strategies to reduce Outstanding and improve cash flow.

Generate and maintain key financial and MIS reports:

o  Debtor aging reports

o  Invoice submission trackers

o  Outstanding follow-up records

o  Customer portal dashboards

o  Agreement/Contract Renewal Tracker

o  Corporate Client Tracker

Corporate Agreements & Documentation

· Prepare, review, and manage MoUs, contracts, and agreements with corporate clients, insurers, and TPAs.

· Ensure timely renewals of agreements while maintaining contractual compliance.

· Maintain an updated contract database with details on pricing, service deliverables, and obligations.

· Work with legal and finance teams to update agreement terms and pricing structures as required.

Pricing & Corporate Health Packages

  • Develop and propose pricing structures for Corporate clients, including:

o  Pre-Policy Medical Checkups

o  Post-Policy Medical Checkups

o  Cashless OPDs

o  IP Packages

· Collaborate with sales, finance and analytics teams to analyse market trends and offer competitive pricing.

· Ensure pricing compliance with corporate agreements and industry standards.

· Track and manage pricing changes, discounts, and package customizations based on agreements.

Corporate Client Onboarding & Marketing Collaboration

  • Coordinate with MARCOM to promote new corporate partnerships across RxDx's website, social media platforms, and in-clinic branding.
  • Work with MARCOM to highlight value propositions, tailor messaging, and create promotional content for newly onboarded clients.
  • Assist in gathering testimonials, case studies, and success stories from corporate clients for marketing initiatives.

Qualifications & Experience

· Education: B.Com (Bachelor's in Commerce), M.Com, MBA in Finance, or an equivalent qualification.

· Experience: Minimum 5+ years of experience in credit control, collections, corporate accounts, or financial documentation, preferably in the healthcare sector.

Key Competencies & Skills

Financial & Business Acumen

·Strong understanding of credit control, collections, and corporate finance.

·Expertise in pricing strategies, negotiation, and market intelligence to drive competitive corporate deals.

·Experience in cost control, financial modeling, and strategic planning.

·Ability to analyze competitor pricing and industry trends to optimize corporate health package offerings.

Technical & Analytical Skills

· Proficiency in MS Excel, and PowerPoint for financial reporting and data analysis.

· Experience in managing corporate agreements, contract renewals, and compliance tracking.

· Ability to generate, analyze, and maintain key MIS reports, dashboards, and financial trackers.

Communication & Stakeholder Management

· Strong written and verbal communication skills in English

· Ability to liaise effectively with corporate clients, TPAs, insurers, and internal teams.

· Skilled in handling negotiations, resolving escalations, and driving agreement renewals.

· Experience in cross-functional collaboration, especially with finance and MARCOM respectively for receivables and corporate partnerships and promotions.

Marketing & Branding Collaboration

·Experience in coordinating with MARCOM to promote new corporate partnerships.

·Ability to leverage digital and in-clinic branding to enhance RxDx's corporate presence.

·Strong networking skills to build and maintain long-term corporate relationships.

Professional Integrity & Work Ethic

·High level of confidentiality and ethical integrity.

·Self-driven, results-oriented, resilient, and determined.

·Open to innovation and new financial technologies.

·Ability to work under pressure, meet deadlines, and take initiatives independently.

Why Join RxDx?

·Be part of an established multispecialty healthcare provider with NABH-NABL accreditation.

·Opportunity to manage high-value corporate accounts.

·Competitive salary and career growth in a dynamic healthcare finance environment.

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