Financial Analyst and Costing Specialist

1 month ago


Bengaluru, Karnataka, India Aster DM Healthcare Full time
About Aster DM Healthcare

Aster DM Healthcare is a leading healthcare provider in the region, committed to delivering comprehensive care to our patients. We are seeking an experienced Financial Analyst and Costing Specialist to join our team.

Job Summary

We are looking for a skilled Financial Analyst and Costing Specialist to analyze and monitor the cost structure of various departments and services within the organization. The successful candidate will play a crucial role in ensuring accurate cost allocation, cost control, and providing valuable insights to support informed decision-making.

Key Responsibilities:
  • Cost Analysis and Reporting: Analyze the cost structure of different hospital departments, services, and procedures, and prepare accurate and timely cost reports, including variance analysis, cost trends, and key performance indicators (KPIs).
  • Cost Allocation and Pricing: Develop and maintain costing methodologies to allocate expenses to different hospital services and procedures, and collaborate with relevant stakeholders to ensure accurate cost allocation and pricing of services.
  • Financial Planning and Forecasting: Support the FP&A team in the annual budgeting process by providing cost data, insights, and projections, and collaborate with other finance team members to develop financial models and forecasts related to costs and expenses.
  • Data Analysis and Insights: Utilize financial and operational data to identify trends, patterns, and areas of improvement, and conduct ad-hoc analyses to support decision-making and provide insights to senior management.
  • Process Improvement: Identify process inefficiencies and develop initiatives to streamline cost allocation, reporting, and analysis, and work closely with cross-functional teams to implement cost-saving initiatives and monitor their effectiveness.
Requirements:
  • Bachelor's degree in Finance, Accounting, or a related field.
  • At least 3 years of experience in financial analysis and costing.
  • Strong analytical and problem-solving skills.
  • Ability to work effectively in a team environment.
  • Excellent communication and presentation skills.
Benefits:
  • Competitive salary: ₹1,200,000 - ₹1,500,000 per annum.
  • Opportunities for professional growth and development.
  • A dynamic and supportive work environment.
  • A comprehensive benefits package, including medical insurance and retirement plan.


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