Account Executive

6 hours ago

Patna, Bihar, India Ford Hospital and Research Centre (FHRC) Full time ₹ 2,00,000 - ₹ 6,00,000 per year

Role & responsibilities

The Account Executive will be responsible for managing day-to-day accounting operations, maintaining accurate financial records, assisting in budget preparation, ensuring compliance with hospital financial policies, and supporting audits. The role requires precision, confidentiality, and a thorough understanding of healthcare financial processes.

Key Responsibilities:

1. Accounting & Financial Management

  • Record and verify daily financial transactions in the hospitals accounting system.
  • Prepare journal entries, ledgers, and trial balances.
  • Reconcile bank statements, vendor accounts, and patient billing accounts.
  • Process and verify payments to suppliers, consultants, and service providers.
  • Maintain accounts receivable/payable records and ensure timely collections and disbursements.

2. Billing & Revenue Management

  • Coordinate with billing and insurance departments for accurate patient billing and claim settlements.
  • Review billing data for accuracy and resolve discrepancies.
  • Support in monitoring revenue inflows and follow-up on outstanding dues.

3. Financial Reporting

  • Assist in preparing monthly, quarterly, and annual financial statements.
  • Support in the preparation of financial reports for management and auditors.
  • Maintain and update fixed asset registers and depreciation schedules.

4. Budgeting & Cost Control

  • Assist in the preparation of annual budgets and expenditure forecasts.
  • Monitor departmental expenses and highlight variances from the budget.
  • Support in implementing cost control measures.

5. Compliance & Audit

  • Ensure adherence to hospital financial policies, statutory laws, and accounting standards.
  • Prepare and organize documentation for internal and external audits.
  • Support in filing of tax returns (GST, TDS, etc.) and other statutory compliance.

Qualifications & Skills:

  • Education: B.Com / M.Com / MBA (Finance) / CA (Inter) or equivalent.
  • Experience: 2–5 years of experience in accounting, preferably in a hospital or healthcare organization.

  • Technical Skills:

  • Proficiency in Tally / SAP / ERP accounting systems.

  • Strong Excel and MS Office skills.

  • Other Skills:

  • Excellent attention to detail and accuracy.

  • Good communication and interpersonal skills.
  • Ability to handle confidential financial data responsibly.
  • Strong analytical and problem-solving ability.

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