HEAD - Accounts
5 days ago
Role & responsibilities
The Head of Accounts will be responsible for ensuring the financial integrity, transparency, and compliance of the entire Finance & Accounts vertical of the Medical College & Hospital.
The role involves strategic financial planning, accurate reporting, variance analysis, and proactive measures to minimize margin leakage, while supporting institutional growth and sustainability.
Establish and maintain robust internal controls, processes, and audit mechanisms.
Ensure compliance with statutory requirements, tax laws, and regulatory guidelines (Income Tax, GST, PF, ESI, etc.).
Oversee the preparation and timely finalization of monthly, quarterly, and annual financial statements, including Profit & Loss, Balance Sheet, and Cash Flow.
Ensure timely monthly Profit & Loss (P&L) maintenance and reporting to management.
Provide accurate financial forecasts, budgets, and variance analysis.
Monitor and maintain variance between forecast vs. actual within 5%.
Provide actionable insights on deviations and recommend corrective measures.
Track key financial KPIs, hospital revenue streams, academic fees, and operating costs.
Lead, mentor, and develop the Accounts team for high performance and compliance orientation.
Collaborate with hospital operations, procurement, HR, and academic departments for financial planning and monitoring.
Serve as the financial advisor to senior leadership on strategic decision-making.
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