Non-Executive Director – Audit

PAID BOARD ROLE + FREE FOUNDERS' EQUITYAdequate financing is planned — no capital required from board members.Non-Executive Director – Audit & Financial Oversight | Retired Big 4 Senior Partner (Statutory Audit / Financial Integrity) | Indian Hospital Roll-Up PlatformJoin the founding board of a hospital acquisition platform consolidating EBITDA-positive, family-owned hospitals (20–100 beds) across Tier-2 and Tier-3 India.We are recruiting a retired Big 4 senior partner with statutory audit expertise and healthcare M&A exposure to lead financial integrity oversight, protect against acquisition risk, and ensure disciplined governance as we scale.About the CompanyWe are building a healthcare consolidation platform to acquire and integrate small to mid-sized hospitals (20–100 beds) in Tier-2 and Tier-3 cities. Our disciplined acquisition model targets hospitals with ₹10–₹60 crore in revenue and 12–18% EBITDA margins.Over the next 12–18 months, we plan to acquire 6–8 hospitals in Maharashtra, adding 600–800 beds and generating ₹180–₹250 crore in consolidated revenue. Hospitals will be organised into regional clusters with shared clinical protocols, procurement, and administration — improving efficiency and margins.The market opportunity is significant: ₹1.5 trillion in hospital assets are expected to change hands in the next 5–7 years, driven by succession gaps, promoter fatigue, and regulatory pressures. Unlike aggregators, we will own and operate each hospital directly to ensure consistent quality, pricing, staffing, and branding.Our target: ~5,000 operational beds through 70–80 acquisitions in 5–7 years, with EBITDA margin expansion and valuation uplift positioning the platform for an institutional sale or public listing.Role SummaryYou will serve as the board-level audit authority, validating the financial soundness of acquisition targets and safeguarding the platform from overpaying or acquiring underperforming assets.Your role will focus on due diligence oversight, cash EBITDA validation, and post-close audit governance across all portfolio hospitals.This is not an executional controller role — it is strategic oversight. You will guide the diligence process, identify red flags in promoter-led accounts, and design ongoing internal control frameworks to ensure platform-wide financial integrity.Key Responsibilities
• Oversee pre-acquisition financial diligence for all hospital acquisitions.
• Validate reported EBITDA, revenue quality, and capex claims.
• Detect creative accounting, revenue leakage, or underreported liabilities.
• Lead internal control reviews and compliance audits post-acquisition.
• Collaborate on acquisition structures to mitigate financial and operational risk.
• Support the development of platform-wide audit protocols and reporting standards.
• Advise on financial governance at the HoldCo and OpCo level.Candidate Requirements (Mandatory)
• Retired Senior Partner from a Big 4 firm (statutory audit background essential).
• Track record of detecting financial red flags in promoter-led or private healthcare companies.
• Strong knowledge of cash vs accrual accounting, AR/AP cycles, and hospital cost allocation.
• Experience with internal controls, compliance, and operational audits in healthcare settings.
• Familiarity with healthcare M&A deal processes and risk allocation mechanisms.
• India-based with remote availability.Compensation
• Equity: 3–5%, based on involvement.
• Board retainer begins post-first acquisition.
• No capital required; platform financing is in place.
• Long-term upside participation through consolidated platform valuation growth.Time Commitment
• ~5–10 hours/month during planning.
• ~15–20 hours/month during active transaction phases.
• Flexible — aligned with diligence timelines and deal closings.

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