Finance Head
- Apollo Knowledge
- 4 - 9 years
- Bengaluru
- 9 days ago
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Job Description
Accounts:
Ensure proper and accurate maintenance of the books of accounts
Ensure timely closure of all billing and monthly accounts
Ensure accuracy of billing and collections
1. Collections of cash is proper and it is accounted
2. Discounts are given as per the rules
3. Timely remittances of cash/cheque collected
4. Cheque balances are accurate
5. Accuracy of billing as per the correct package and pricing followed is accurate.
- Ensure all accounts are kept properly-up to date and monthly closures are completed on time, accounted for and free from errors
- Ensure accounting is done as per the proper accounting principles (amounts that need to be capitalized, debited/credited as per defined guidelines)
- Run periodic checks to ensure proper documentation of papers, storage and are easily retrievable.
- Handling cash collections
MIS:
- Preparation and forwarding of monthly MIS reports to the Unit Head and CFO
- Ensure MIS reports are generated on time and sent to Corporate Office
- Conduct an analysis of key financial indicators to identify what is going well/not going so well and send required information to Corp. Office
- Use the existing information and analysis to assist in corrective action and decision making by the Unit head.
- Provide a daily report to the Unit head on the performance of the unit for the day or month/trend etc.
- Provide the Unit head with reports on budgets, other MIS reports, tax implications in transactions and analyze jointly the course of action to be taken.
- Keeping records of capital expenditure
- Working closely on the budgets for the financial year (operating and capital) and monitoring the same.
- Play an active role in costing of services, profitability of the hospital and giving data/inputs for pricing of services/packages.
Payments:
- Ensuring proper/error free calculations are made by team members and timely disbursements of fees/payables to doctors (based on the contribution), consultants, vendors
- Ensure all payment entries are updated on the system
- Overseeing the preliminary processing of payments by team members and authorizing payments.
- Ensure standard deductions are made on all payments made to various parties
- Checking details of exceptions
Statutory compliances:
- Ensuring all statutory compliances are met
- Ensuring GST returns are filed on time, TDS is deducted from payments and remitted on time, TDS returns are filed on time
- Ensure luxury tax is remitted on time
- Ensure 100% compliance is met with respect to income tax rules
Subordinate Development:
- Giving subordinates direction in their day to day activities
- Identify training needs and areas of improvement for team members
- Giving targets, monitoring to ensure achievement of targets and giving periodic feedback to team members on their performance and areas of improvement.
- Delegating with a view to develop the second line
- Ensuring team is updated on the latest changes in statutory regulations and technical knowledge
Job Classification
Industry: Medical Services / HospitalFunctional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: Apollo KnowledgeLocation(s): Bengaluru
Keyskills: Accounting Business Finance Financial Management Financial Operations Finance Control Financial Planning Financial Strategy Taxation Budgeting
Apollo Knowledge
Apollo Health Resources is a part of the renowned Apollo Hospitals Group. We recruit CEOs, Doctors, Nurses, paramedics, allied and admin professionals at leading healthcare institutes around the world. Our Recruitment centers are present in Delhi, Hyderabad, Chennai & Kottayam.
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