FP&A Manager

Company: Health care sector | Location: Corporate office, Bengaluru | Position: Manager -Business Finance | Department: Business Finance Reports To: Head of Finance Employment Type: Full -time Job Summary: The Business Finance Manager will be responsible for managing financial planning, budgeting, and performance analysis across business verticals - Healthcare Services (Clinics), diagnostic labs/CECs, and Wellness Services. The role requires a strategic thinker with strong analytical skills to optimize revenue streams, control costs, and support business expansion in the healthcare sector. Key Responsibilities: Financial Planning & Analysis (FP&A): • Develop annual budgets, rolling forecasts, and long -term financial plans for clinic operations, diagnostics, and wellness services that support the strategy. • Track KPIs (patient volume, test utilization, AR days, service profitability) and provide actionable insights to leadership. • Analyse revenue cycles (fee -for -service, insurance reimbursements (as & when covered), package pricing and identify opportunities for margin improvement. • Prepare & present periodic MIS & financial reports (Plan vs Actuals) with performance dashboards & strategic recommendations for senior management. Revenue Optimization, Cost Control & & Commission structure: • Pricing Strategy: Analyse pricing models for consultations, diagnostic tests, and wellness programs (e.g., memberships, corporate wellness etc). • Cost Management & tracking: Monitor expenses (lab supplies, medical equipment, staffing) and implement efficiency improvements. • Billing Oversight: Work with billing teams to ensure the completeness & wherever applicable optimize insurance claims processing, reduce denials, and improve collections. • Managing Commission Structures for Clinics team including consulting doctors. Business Strategy & Growth Support: • Evaluate new service lines through financial modelling and ROI analysis. • Support expansion initiatives (new clinics, lab partnerships, acquisitions) with feasibility studies and investment proposals. • Collaborate with marketing to assess promotional campaigns, corporate wellness contracts, and patient acquisition costs etc. Compliance & Risk Management: • Ensure adherence to healthcare financial regulations. • Implement internal controls for revenue recognition, inventory management (diagnostic supplies), and fraud prevention. • Liaise with auditors, tax advisors, and healthcare financiers for compliance and funding needs. Cross -Functional Leadership: • Partner with Medical Directors or Mentors, clinic managers, lab directors, Wellness leads, team of Operations, Quality, marketing, project implementation Sales, Technology officers to align financial and operational goals. • Mentor finance and core team of Clinics, Diagnostic and Wellness Centre (accountants, admin etc) and streamline processes (AP, compensation, inventory tracking etc).Requirements Education: Chartered Accountant (CA) • Experience: o 2+ years post qualification experience. o Knowledge of medical & wellness centres billing, lab economics, and insurance reimbursement is an added advantage. • Technical Skills: o Strong Accounting Knowledge & Advanced financial modelling (Excel, Power BI). To be a Technology Savvy & have worked on ERP systems (Like MS Dynamics & lab -specific software). o Familiarity with healthcare analytics tools is a +. • Soft Skills: o Strong problem -solving and ability to simplify complex financial data for non -finance teams. o Influence cross -functional stakeholders. o Act with Integrity & be an energised and inspirational manager aligning to Company's Mission, Vision and Values.