Finance Controller- Hiring for Portfolio Company

1 week ago

Mumbai Metropolitan Region, India 2070 Health Full time ₹ 12,00,000 - ₹ 36,00,000 per year

About 2070Health
W Health Ventures has set up India's first healthcare-focused Venture Studio called 2070 Health—an innovation platform that builds transformative healthcare companies from scratch by discovering disruptive opportunities. Distinct from the accelerator approach, our venture studio is closely involved in idea generation, day-to-day operations, and strategic decisions of growing the new venture. Companies incubated in the last 24 months include Elevate Now, Nivaan Care, Reveal Healthtech, BabyMD, and Everhope Oncology.

Role Overview
The Finance Controller will lead and manage all financial operations, support strategic decision-making, and ensure financial compliance and reporting excellence for the organization. This role requires deep expertise in finance, accounting, team leadership, regulatory compliance, and process enhancement

Key Responsibilities
*Financial Management & Compliance*

  • Lead monthly/quarterly/annual closings, MIS, and financial reporting for the hospital unit.
  • Ensure full compliance with GST, TDS, statutory/internal/forensic audits, and other healthcare financial regulations.
  • Manage hospital cash flow, fund allocation, receivables/payables, cost control, treasury operations, and capital assets.
  • Oversee payroll and statutory compliance for medical, non-medical, and contractual staff.

*Planning, Analysis & Strategic Support*

  • Drive hospital budgeting, forecasting, and variance analysis with actionable insights for unit leadership.
  • Provide financial analyses and recommendations to management for expansion, service mix optimization, and operational decisions.
  • Support pricing strategies for new services/surgeries and evaluate ROI on marketing, doctor engagement, and patient acquisition initiatives.

*Billing, Pricing & Payor Management*

  • Oversee hospital billing systems, pricing models, and discount structures to ensure transparency and efficiency.
  • Lead negotiations with insurers, TPAs, corporates, and financing partners (EMI, cashless) to optimize collections, margins, and turnaround time.

*Leadership, Processes & Controls*

  • Build and mentor the finance team for performance, accuracy, and professional growth.
  • Strengthen internal controls, implement ERP/SAP upgrades, and streamline hospital finance processes for efficiency.
  • Coordinate statutory and internal audits; support DRHP/IPO documentation if required

Requirements

  • Chartered Accountant (CA) qualification is required.
  • Minimum 7-12 years of experience in finance, accounting, audit, budgeting, team management, and statutory compliance.
  • Proven leadership in cross-functional teams, with strong communication and analytical skills.
  • Mastery of accounting ERPs (SAP, Oracle, Tally, etc.), advanced Microsoft Excel, and financial analysis tools.
  • Strong exposure to working with large, diverse organizations or groups (healthcare, manufacturing, tech, retail).
  • Ability to drive change, implement new systems and processes, and support strategic initiatives such as IPO readiness or mergers/acquisitions.
  • Experience in handling complex tax matters, transfer pricing, and commercial decision support.

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