Senior Account Manager

Department: Finance & Accounts Location: Silver Streak Multi-Speciality Hospital Reporting To: Chief Executive Officer (CEO) / Board of Directors Job Type: Full-time Experience Required: 10 – 15 years (with minimum 5–7 years in a hospital/healthcare setup preferred) Qualification: CA / MBA (Finance) / M.Com or equivalent professional qualification Job Summary SilverStreak Multi-Speciality Hospital is looking for a dynamic and results-driven Finance Manager to oversee the hospital’s financial operations and strategy. The ideal candidate should bring strong expertise in financial planning, compliance, revenue cycle management, and hospital-specific financial systems. This role is critical in aligning financial performance with the hospital’s growth and service excellence goals while ensuring transparency, compliance, and cost efficiency. Key Responsibilities 1. Financial Planning & Strategy - Develop annual budgets, forecasts, and long-term financial plans. - Align financial strategy with hospital’s growth and expansion objectives. - Conduct feasibility studies for new service lines, facilities, or medical equipment investments. 2. Revenue & Cost Management - Monitor revenue streams (OPD, IPD, diagnostics, pharmacy, procedures, insurance/TPA). - Optimize operational costs while maintaining high-quality patient care. - Implement cost control initiatives and conduct departmental profitability analysis. 3. Financial Reporting & Analysis - Ensure timely preparation of accurate financial statements and MIS reports. - Perform variance analysis (budget vs actual) and recommend corrective actions. - Present financial performance insights to management and the board. 4. Cash Flow & Working Capital Management - Monitor daily cash flow and ensure adequate liquidity for smooth operations. - Oversee receivables (insurance/TPA, corporates, patients) and payables (vendors, consultants, staff). - Manage loans, overdrafts, and investment decisions to optimize working capital. 5. Compliance & Risk Management - Ensure adherence to statutory regulations (Income Tax, GST, TDS, PF, ESI, etc.). - Implement internal controls to prevent financial risks and revenue leakages. - Oversee hospital insurance policies, medico-legal finances, and risk coverage. 6. Audit & Governance - Coordinate with internal, external, and statutory auditors. - Ensure transparent documentation and smooth audit closure. - Uphold governance standards as per hospital board policies. 7. Systems & Process Improvement - Oversee ERP/HIS financial module implementation and optimization. - Drive automation in billing, collections, and reporting to reduce errors. - Strengthen internal controls and reduce dependency on manual processes. 8. Stakeholder Management - Work closely with hospital leadership, department heads, and external stakeholders (banks, TPAs, corporates). - Provide financial advisory support to the CEO/Board for decision-making. - Negotiate effectively with vendors, consultants, and partners for cost and contract optimization. 9. Team Leadership & Development - Lead and mentor the finance and accounts team. - Build analytical and compliance capabilities within the department. - Foster accountability, transparency, and high performance. Required Qualifications & Skills - Chartered Accountant (CA), MBA (Finance), or equivalent advanced qualification. - 10 – 15 years of experience in financial management (healthcare/hospital industry preferred). - Strong knowledge of hospital revenue cycle management (insurance/TPA, corporate billing). - Expertise in financial planning, MIS reporting, and statutory compliance. - Excellent negotiation, analytical, and problem-solving skills. - Proficiency in ERP/HIS systems, MS Excel, and financial modeling. - Strong leadership and communication abilities. Why Join Us? - Opportunity to be a strategic leader in a fast-growing multi-speciality hospital. - Exposure to complex healthcare financial operations and decision-making. - Collaborative work culture with focus on clinical excellence and financial sustainability. - Growth opportunities in leadership and hospital management. To Apply Send your updated CV to Contact HR at +91-