Strategic Financial Leader

11 hours ago

Mumbai, Maharashtra, India beBeeFinancial Full time ₹ 1,20,00,000 - ₹ 1,50,00,000

Job Overview:

The organization is seeking a highly skilled and experienced Strategic Financial Leader to oversee all financial operations, ensuring fiscal health and driving sustainable growth.

This role requires a strong understanding of financial management within the healthcare or rehabilitation sector, meticulous attention to detail, and the ability to provide accurate and insightful financial guidance to stakeholders.

The Strategic Financial Leader will ensure compliance with all financial regulations, optimize financial performance, and contribute to the overall mission of providing compassionate and effective rehabilitation services.

Key Responsibilities:

  • Develop and implement financial strategies that align with the organization's overall mission and long-term goals.
  • Lead the annual budgeting and forecasting processes, working closely with department heads to ensure accuracy and alignment with operational needs.
  • Conduct financial analysis and provide actionable insights to support decision-making related to expansion, new programs, and resource allocation.

Financial Operations & Accounting:

  • Oversee all accounting functions, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets.
  • Ensure timely and accurate preparation of financial statements (Balance Sheet, Profit & Loss, Cash Flow) in accordance with relevant accounting standards.
  • Manage cash flow effectively, optimizing working capital and liquidity.
  • Implement and maintain robust internal controls to safeguard assets and ensure data integrity.
  • Supervise billing and collections, particularly considering specific fee structures and insurance reimbursement processes relevant to a rehab center.

Compliance & Reporting:

  • Ensure strict compliance with all local, state, and national financial regulations, tax laws, and healthcare industry-specific financial guidelines.
  • Liaise with external auditors, tax consultants, and regulatory bodies.
  • Prepare and present comprehensive financial reports to stakeholders, explaining financial performance and trends.
  • Manage all statutory filings and ensure adherence to reporting deadlines.

Team Leadership & Development:

  • Lead, mentor, and develop the finance and accounting team, fostering a culture of accuracy, efficiency, and continuous improvement.
  • Delegate tasks effectively and ensure clear communication within the department.
  • Conduct performance reviews and identify training needs for team members.

Cost Management & Efficiency:

  • Monitor and analyze operational costs, identifying areas for cost reduction and efficiency improvements without compromising patient care quality.
  • Develop pricing strategies for various services and packages offered by the organization.

Requirements:

  • Bachelor's degree in finance, accounting, business administration, or a related field.
  • Professional certification such as Chartered Accountant (CA) or Certified Public Accountant (CPA)/CMA equivalent.
  • An MBA in finance is a strong asset.
  • Minimum of 4-5 years of progressive experience in finance and accounting.

Preferred Qualifications:

  • Experience within the healthcare, hospital, or rehabilitation center industry.
  • Proven expertise in financial planning, budgeting, forecasting, and analysis.
  • In-depth knowledge of accounting principles (GAAP/IFRS) and financial regulations.
  • Proficiency in financial management software (e.g., SAP, Oracle, Tally, or other ERP systems) and advanced Microsoft Excel skills.

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