Unit Accountant

2 days ago

Bengaluru, Karnataka, India Apollo Health and Lifestyle (AHLL) Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Purpose:

To manage and oversee the financial operations of the hospital unit, including accounting, billing, revenue cycle, statutory compliance, and MIS reporting, ensuring accuracy, transparency, and adherence to hospital policies and regulatory requirements.

Key Responsibilities:

Financial Accounting & Reporting

  • Maintain day-to-day accounting records and ensure accuracy of all financial transactions.
  • Prepare monthly, quarterly, and annual financial statements in line with company policies.
  • Ensure timely closing of books and support internal/external audits.
  • Prepare MIS reports (revenue, expenses, profitability, unit performance) for management review.

Revenue Cycle Management

  • Oversee patient billing processes (IP, OP, Diagnostics, Pharmacy) and ensure accuracy.
  • Coordinate with TPA/insurance for claims submission, follow-up, and settlement.
  • Monitor corporate billing and credit sales, ensuring timely collections.
  • Identify and control revenue leakages.

Expense & Vendor Management

  • Manage accounts payable vendor payments, reconciliation, and compliance with credit terms.
  • Review pharmacy and consumables accounting, ensuring inventory control.
  • Monitor and control unit overheads in line with approved budgets.

Budgeting & Cost Control

  • Assist in preparation of unit-level budgets and forecasts.
  • Track budget vs. actual performance and highlight variances.
  • Support cost optimization initiatives without compromising quality of patient care.

Compliance & Controls

  • Ensure statutory compliance (GST, TDS, PF, ESI, Professional Tax, etc.).
  • Maintain adherence to internal financial controls and SOPs.
  • Support in implementing audit recommendations and compliance measures.

Team & Coordination

  • Work closely with hospital departments (Billing, HR, Nursing, Admin, Pharmacy).
  • Provide financial insights to unit head/management for decision-making.
  • Guide junior accountants / billing staff in day-to-day operations.

Key Skills & Competencies:

  • Strong knowledge of accounting principles, taxation, and statutory compliance.
  • Experience in hospital billing, TPA/insurance claims, and healthcare finance.
  • Proficiency in Tally ERP / SAP / Oracle / Hospital Information System (HIS).
  • Advanced MS Excel skills (Pivot Tables, VLOOKUP, Data Analysis).
  • Strong analytical, problem-solving, and reporting skills.
  • Ability to work under pressure and meet deadlines.
  • Excellent communication and interpersonal skills.
  • Ethical, detail-oriented, and team player.

Qualifications & Experience:

  • Education: B.Com / M.Com / MBA (Finance) / CA (Inter) / CMA (Inter).
  • Experience: 6–7 years of experience in accounting/finance, preferably in hospitals/healthcare.
  • Knowledge of hospital-specific financial systems and revenue cycle is an added advantage.

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