Walk-in || Finance Executive

Role & responsibilities

• Financial Planning & Budgeting
• Prepare annual budgets and financial plans.
• Develop revenue and expense forecasts.
• Monitor actual performance against budgets.
• Identify financial risks and opportunities.
• Financial Reporting & Analysis
• Prepare monthly, quarterly, and annual financial reports.
• Analyze revenue, expenses, profitability, and cash flow.
• Provide management with financial insights for decision-making.
• Track key financial and operational KPIs.
• Revenue Cycle Management
• Monitor patient billing, insurance claims, collections, and reimbursements.
• Reduce claim denials and payment delays.
• Improve accounts receivable and cash collections.
• Work with billing and coding teams to improve revenue realization.
• Cost & Expense Management
• Control operating and administrative expenses.
• Analyze department-wise costs.
• Identify opportunities to reduce unnecessary expenditure.
• Monitor procurement, inventory, and vendor costs.
• Cash Flow & Working Capital
• Monitor daily/weekly cash positions.
• Manage receivables and payables.
• Ensure adequate liquidity for salaries, suppliers, and operational requirements.
• Develop cash-flow forecasts.
• Healthcare Compliance
• Ensure financial processes comply with applicable healthcare, tax, accounting, and regulatory requirements.
• Maintain proper financial documentation and internal controls.
• Coordinate with internal and external auditors.
• Help prevent fraud, billing irregularities, and financial misconduct.
• Management & Strategic Support
• Support senior management in financial decision-making.
• Evaluate new hospitals, clinics, medical services, equipment, and technology investments.
• Conduct ROI and feasibility analysis.
• Provide financial input for expansion and strategic initiatives.
• Internal Controls & Risk Management
• Establish and monitor financial controls.
• Identify financial and operational risks.
• Review authorization and approval processes.
• Ensure proper segregation of financial duties.
• Insurance & Payer Management
• Analyze contracts with insurance companies and other payers.
• Monitor reimbursement rates and payment terms.
• Track payer performance and profitability.
• Support contract negotiations.
• Team Leadership
• Manage finance and accounting staff.
• Set performance objectives and review results.
• Train employees on financial procedures and controls.
• Coordinate with clinical, HR, procurement, operations, and administration teams.