Finance Manager

Role & responsibilities

Revenue Assurance & Collection Controls

• Review daily revenue recorded in HIMS and reconcile with SAP.
• Monitor cash, card, UPI, and bank collections and ensure timely reconciliation.
• Review cash deposits and investigate collection discrepancies.
• Monitor refund transactions and ensure proper authorization and accounting.
• Identify and resolve revenue leakages and billing discrepancies.
• Ensure timely and accurate revenue accounting in compliance with accounting policies.
• Prepare daily, weekly, and monthly revenue reconciliation reports and MIS.

Insurance Receivable Management

• Review accounting of insurance receipts and receivables.
• Monitor outstanding receivables from TPAs and insurance companies.
• Coordinate with billing, TPA, and insurance teams for timely claim realization.
• Analyse claim deductions, identify root causes, and recommend corrective actions.
• Reconcile insurance collections with bank receipts and accounting records.
• Monitor ageing of insurance receivables and initiate follow-up for overdue balances.

Financial Controls & Compliance

• Ensure adherence to revenue recognition policies and internal financial controls.
• Review compliance with approved billing, collection, refund, and insurance processes.
• Support internal, statutory, and management audits by providing required reconciliations and documentation.
• Recommend process improvements to strengthen revenue controls and reduce revenue leakage.

MIS & Business Support

• Prepare revenue dashboards, collection reports, ageing analysis, and collection efficiency reports.
• Monitor key revenue KPIs and highlight exceptions to management.
• Support management in improving cash flows and collection performance through analytical insights.

Key Result Areas (KRAs)

• 100% completion of daily HIMS vs SAP revenue reconciliation.
• Nil unexplained cash, card, or UPI reconciliation differences.
• Timely and accurate revenue recognition in books.
• Collection discrepancies investigated and resolved within defined timelines.
• Reduction in revenue leakage and unauthorized refunds.
• Monthly revenue MIS submitted within prescribed timelines.
• Reduction in ageing of insurance receivables.
• Timely reconciliation of insurance receipts with bank and accounting records.
• Compliance with internal controls, audit requirements, and revenue policies.
• Improved working capital through timely realization of receivables.