Finance Manager

1 day ago


Haryana, India SilverStreak Multispeciality Hospital Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Department:
Finance & Accounts

Location:
Silver Streak Multi-Speciality Hospital

Reporting To:
Chief Executive Officer (CEO) / Board of Directors

Job Type:
Full-time

Experience Required:
5 – 8 years (with minimum 2–3 years in a hospital/healthcare

setup preferred)

Qualification:
CA / MBA (Finance) / M.Com or equivalent professional qualification

Job Summary:

SilverStreak Multi-Speciality Hospital is looking for a dynamic and results-driven

Finance Manager to oversee the hospital's financial operations and strategy. The ideal

candidate should bring strong expertise in financial planning, compliance, revenue cycle

management, and hospital-specific financial systems. This role is critical in aligning

financial performance with the hospital's growth and service excellence goals while

ensuring transparency, compliance, and cost efficiency.

Key Responsibilities:

1. Financial Planning & Strategy

  • Develop annual budgets, forecasts, and long-term financial plans.
  • Align financial strategy with hospital's growth and expansion objectives.
  • Conduct feasibility studies for new service lines, facilities, or medical equipment

investments.

2. Revenue & Cost Management

  • Monitor revenue streams (OPD, IPD, diagnostics, pharmacy, procedures,

insurance/TPA).

  • Optimize operational costs while maintaining high-quality patient care.
  • Implement cost control initiatives and conduct departmental profitability analysis.

3. Financial Reporting & Analysis

  • Ensure timely preparation of accurate financial statements and MIS reports.
  • Perform variance analysis (budget vs actual) and recommend corrective actions.
  • Present financial performance insights to management and the board.

4. Cash Flow & Working Capital Management

  • Monitor daily cash flow and ensure adequate liquidity for smooth operations.
  • Oversee receivables (insurance/TPA, corporates, patients) and payables

(vendors, consultants, staff).

  • Manage loans, overdrafts, and investment decisions to optimize working capital.

5. Compliance & Risk Management

  • Ensure adherence to statutory regulations (Income Tax, GST, TDS, PF, ESI,

etc.).

  • Implement internal controls to prevent financial risks and revenue leakages.
  • Oversee hospital insurance policies, medico-legal finances, and risk coverage.

6. Audit & Governance

  • Coordinate with internal, external, and statutory auditors.
  • Ensure transparent documentation and smooth audit closure.
  • Uphold governance standards as per hospital board policies.

7. Systems & Process Improvement

  • Oversee ERP/HIS financial module implementation and optimization.
  • Drive automation in billing, collections, and reporting to reduce errors.
  • Strengthen internal controls and reduce dependency on manual processes.

8. Stakeholder Management

  • Work closely with hospital leadership, department heads, and external
  • stakeholders (banks, TPAs, corporates).
  • Provide financial advisory support to the CEO/Board for decision-making.
  • Negotiate effectively with vendors, consultants, and partners for cost and
  • contract optimization.

9. Team Leadership & Development

  • Lead and mentor the finance and accounts team.
  • Build analytical and compliance capabilities within the department.
  • Foster accountability, transparency, and high performance.

Required Qualifications & Skills:

  • Chartered Accountant (CA), MBA (Finance), or equivalent advanced
  • qualification.
  • 8 – 12 years of experience in financial management (healthcare/hospital industry
  • preferred).
  • Strong knowledge of hospital revenue cycle management (insurance/TPA,
  • corporate billing).
  • Expertise in financial planning, MIS reporting, and statutory compliance.
  • Excellent negotiation, analytical, and problem-solving skills.
  • Proficiency in ERP/HIS systems, MS Excel, and financial modeling.
  • Strong leadership and communication abilities.

Why Join Us?

  • Opportunity to be a strategic leader in a fast-growing multi-speciality hospital.
  • Exposure to complex healthcare financial operations and decision-making.
  • Collaborative work culture with focus on clinical excellence and financial

sustainability.

  • Growth opportunities in leadership and hospital management.

Send your updated CV to

Contact HR at


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