Chief Financial Officer

6 months ago

Rajahmundry, India GSL Medical College & General Hospital Full time

The Chief Financial Officer serves as the primary financial officer for GSL Educational Society. Major responsibilities include developing and maintaining a strategic financial plan and annual operating and capital budgets; financial analysis of new programs, acquisitions, and business development; revenue management; preparation of the financial statements, in accordance with financial management and techniques appropriate to the health care industry; decision support and cost accounting; oversight of disbursements and receivables processes; oversight of patient admissions processes. The Chief Financial Officer reports directly to the Finance director and MD of Hospital Operations and interacts with top management in GSL Medical College. Contacts are maintained with outside consultants, associations and government agencies.

**Duties**:
Proactively advise and educate management on all aspects which financially impact hospital operations

Collaborate with GSL Medical College to prepare and update long range forecasting for the hospital and its financial network

Develop and administer the following activities for the GSL Medical College and Clinics:

- Financial reports both internal and external
- Financial policies, procedures and systems
- Reimbursement strategies, reports and appeals
- Budgeting systems for both operating and capital budgets
- Tax returns and tax planning
- Financial analysis of new programs, acquisitions and business development
- Patient financial services, including receivables management and patient admissions processes
- Disbursements (payroll and accounts payable) processing

Provide financial information and consultation to management

Interpret current financial trends and respond with appropriate action

Develop strategies to increase cash flow - including improvements in revenue cycle management all with a target of increasing days cash on hand

Ensure compliance with covenants incorporated in financing documents

Negotiate contracts and agreements with third parties

Participate in professional associations and community service activities

Establish monitoring processes and forecasting to position to adjust to changes in value? based purchasing whether mediated by CMMS or the state of Illinois

Work directly with managed care to forecast and model impact of fee or value and risk agreements on financial status

Lead and facilitate organizational planning for changing reimbursement methodologies

Lead or facilitate strategies and steps for cost containment within the organization

Plan, assign and review work of staff to ensure that group objectives are met. Hire, train, develop and manage staff to ensure that a qualified staff exists to meet group objectives

Perform other related duties and participate in special projects as assigned

**Salary**: ₹100,000.00 - ₹125,000.00 per month

**Benefits**:

- Leave encashment

Schedule:

- Fixed shift

Supplemental pay types:

- Performance bonus

**Education**:

- Master's (required)

**Experience**:

- total work: 10 years (required)

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