Gurgaon
August 14, 2020
Educational Qualification:
• CA (completed article-ship) with 0-5 years of experience in Finance and Accounts.
• Experience in a hospital set up is preferable.
Key Job Responsibilities:
• Ensure timely collections and deposits: raise all invoices for indirect income as per schedule (e.g. rent, interest, revenue share, etc.) and ensure timely collections of the same. Calculate and deposit all output tax liabilities on OP pharmacy, rental invoices, scrap sales, etc. Prepare payments for revenue-share based models, e.g. Doctors’ payout, outsourced laboratory expenses, etc.
• Prepare accurate MIS and Reports: liaise with other departments for preparing MIS reports for all major heads of expense, including creating period-end provisions. Prepare MIS report data for revenue (including the creation of period-end provisions), process and verify revenue entries from HIS daily, and prepare daily revenue flash reports. Maintain doctor, department-wise reports and other reports required by management
• Monitor and reconcile receivables from debtors: update and periodically reconcile records for debtors and payment follow-ups. Prepare ageing reports for receivables for reporting and controls
• Prepare and conduct statutory and tax audits: liaise with the statutory auditor and tax auditor for conducting audits and assessments, and prepare schedules thereof
• Manage patient advances: monitor and pay patient advances, refunds, and recognition as per provisions of Companies Act, 2013
• Ensure efficient and compliant receivables processes: maintain and comply with all Finance SOPs, policies and procedures. Support the ERP implementation for improvement in functioning and reporting of the department
• Display functional expertise: participate in training and certifications to enhance job knowledge.
• Liaise with auditors and vendors for timely processing: liaise with pre-auditor for up-to-date vendor bills processing, and with the statutory auditor for revenue audit and preparation of schedules. Ensure timely payments to vendors adhering to the SOPs and guidelines, conduct periodic (quarterly/ half-yearly) reconcile vendor balances, confirm balances and maintain updated SOPs
• Verify and record all entries: process and verify all entries and invoices after thorough checking and comparing to system reports and balances. Maintain accurate records and trackers e.g. cost centre and department-wise expenses, a monthly tracker for provisions, prepaid expenses, etc.
• Ensure timely payments to staff and vendors: liaise with other departments for timely submission of bills and documents to ensure the timely processing of payroll, reimbursements and petty cash. Manage inter-unit entries, payments and reconciliations including cross charging of overheads, tracking loan advances to vendors and staff to ensure timely recovery and adjustments
• Statutory dues: ensure timely payment and reporting of statutory dues (TDS, GST, PF, ESI, Labor Cess, WCT, etc.)
• Reconcile daily collections: monitor daily collection and deposit of cash and credit card payments in the bank and reconcile collections between books and HIS. Report any shortages, delays and other issues to management
• Manage the timely supply of cash for operations: liaison with banks for term loan funding, overdraft facilities, credit card/ POS machine issues
• Ensure efficient and compliant payables processes: maintain and comply with all Finance SOPs, policies and procedures. Support the ERP implementation for improvement in functioning and reporting of the department
• Display functional expertise: participate in training and certifications to enhance job knowledge.
Behavioural Competencies:
• People Management skills
• An analytical approach to work
• Problem-solving skills and initiative.
• Be a Responsible Corporate Citizen
Role Reporting To:
• Lead, Finance
Key Role Interactions - Internal
• All Departments
Key Role Interactions – External
• Vendors
• Auditors
Offered Pay Amount
Pay Amount : Rs.Industry
Finance/Accountingnumber of openings :
1Qualification :
CAJob Location