Unit Accountant
1 day ago
Key Responsibilities:
1. Doctors Payout Management
- Ensure timely and accurate calculation of doctors' payouts (fixed + variable/commission-based models).
- Reconcile doctors' service records with patient billing and collections.
- Coordinate with department heads and medical administration for validation of service logs.
- Prepare detailed payout reports and share with finance and HR departments.
- Handle queries related to payouts and ensure transparency and compliance.
2. Financial Accounting & Reporting
- Maintain accurate books of accounts as per applicable accounting standards.
- Perform month-end and year-end closing activities.
- Prepare MIS reports, unit-level P&L, and variance analysis.
- Ensure accurate recording of revenue, expenses, receivables, and payables.
3. Billing & Revenue Reconciliation
- Oversee daily billing and ensure reconciliation with hospital management systems.
- Monitor and reconcile revenue reports with the billing department and finance systems.
- Collaborate with the front office and insurance teams to ensure proper invoicing and claims.
4. Vendor Management & Payments
- Process vendor invoices and ensure timely payments.
- Maintain vendor ledgers and reconcile accounts.
- Ensure compliance with procurement policies and budgetary controls.
5. Statutory Compliance
- Ensure timely filing of TDS, GST, PF, ESI, and other statutory requirements.
- Assist with internal and external audits and ensure compliance with audit recommendations.
- Maintain proper documentation for all financial transactions.
6. Cash & Bank Management
- Monitor daily cash collections and deposits.
- Maintain petty cash accounts and ensure controls.
- Reconcile bank statements regularly.
Required Qualifications and Experience:
- Bachelor's degree in Commerce, Accounting, or Finance (MBA or CA Inter preferred).
- 3-6 years of accounting experience, with minimum 1-2 years in a hospital setting.
- Prior experience in handling doctors' payouts and incentive structures is mandatory.
- Familiarity with hospital billing systems (like HIS, ERP) is an advantage.
- Strong knowledge of TDS, GST, and accounting principles.
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