Senior Manager – Accounts

Role Overview

The Senior Manager - Accounts will be responsible for ensuring accurate financial accounting, timely reporting, statutory compliance, budgeting, cash-flow management, internal controls, audit coordination, and effective financial monitoring of hospital operations. The role requires strong knowledge of accounting principles and financial controls, along with a sound understanding of hospital revenue cycles, insurance/TPA billing, patient collections, pharmacy, diagnostics, procurement, and other healthcare financial processes**.** The position will also play a key role in ensuring financial accuracy, effective monitoring, regulatory compliance, and timely financial insights to support informed business decisions.

Key Responsibilities

• Supervise and oversee day-to-day accounting operations, including OPD and IPD Billing, Accounts Payable, Accounts Receivable, General Ledger, bank reconciliations, journal entries and provisions.

• Ensure timely financial closing, accurate financial statements, reconciliations, MIS and management reporting.

• Monitor outstanding receivables/payables and resolve accounting discrepancies.

• Monitor and review revenue generated from IPD, OPD, diagnostics, pharmacy, OT, ICU and other hospital services.

• Ensure accurate billing, reconciliation and collection across patient, corporate, insurance and TPA receivables.

• Identify revenue leakages and strengthen revenue cycle and collection controls.

• Assist management in preparation of annual budgets, operating plans and financial projections.

• Monitor budgets, conduct variance analysis and recommend corrective actions.

• Support cash-flow planning, cost optimisation and profitability improvement.

• Coordinate internal, statutory and tax audits and ensure timely closure of audit observations.

• Strengthen financial controls, SOP adherence, authorisations and segregation of duties.

• Conduct periodic reviews of key hospital functions to identify control gaps and revenue leakages.

• Monitor daily cash and bank positions, working capital and cash-flow requirements.

• Ensure timely bank reconciliations, cash collections, deposits and appropriate cash-handling controls.

• Coordinate with banks and financial institutions as required.

• Review vendor invoices, purchase accounting, payment processes and outstanding balances.

• Ensure timely vendor reconciliation and adherence to procurement and payment controls.

• Review doctor/professional payments and ensure appropriate documentation and statutory compliance.

• Lead, guide and supervise the Accounts & Finance and Billing teams.

• Allocate responsibilities, monitor performance and ensure effective coordination across departments.

• Drive team development, accountability and adherence to finance processes and controls.

• Provide financial analysis, insights and recommendations to the CEO, Finance Head and hospital management.

• Prepare periodic financial and operational reports and highlight key risks, trends and variances.

• Support cost optimisation, profitability, process improvement and operational efficiency initiatives.

• Regular follow up and personal visits to strengthen relationship with all govt departments/ agencies for timely payments and other support critical for hospital operations.

• Supervise and oversee day-to-day accounting operations, including OPD and IPD Billing, Accounts Payable, Accounts Receivable, General Ledger, bank reconciliations, journal entries and provisions.
• Ensure timely financial closing, accurate financial statements, reconciliations, MIS and management reporting.
• Monitor outstanding receivables/payables and resolve accounting discrepancies.
• Monitor and review revenue generated from IPD, OPD, diagnostics, pharmacy, OT, ICU and other hospital services.
• Ensure accurate billing, reconciliation and collection across patient, corporate, insurance and TPA receivables.
• Identify revenue leakages and strengthen revenue cycle and collection controls.
• Assist management in preparation of annual budgets, operating plans and financial projections.
• Monitor budgets, conduct variance analysis and recommend corrective actions.
• Support cash-flow planning, cost optimisation and profitability improvement.
• Coordinate internal, statutory and tax audits and ensure timely closure of audit observations.
• Strengthen financial controls, SOP adherence, authorisations and segregation of duties.
• Conduct periodic reviews of key hospital functions to identify control gaps and revenue leakages.
• Monitor daily cash and bank positions, working capital and cash-flow requirements.
• Ensure timely bank reconciliations, cash collections, deposits and appropriate cash-handling controls.
• Coordinate with banks and financial institutions as required.
• Review vendor invoices, purchase accounting, payment processes and outstanding balances.
• Ensure timely vendor reconciliation and adherence to procurement and payment controls.
• Review doctor/professional payments and ensure appropriate documentation and statutory compliance.
• Lead, guide and supervise the Accounts & Finance and Billing teams.
• Allocate responsibilities, monitor performance and ensure effective coordination across departments.
• Drive team development, accountability and adherence to finance processes and controls.
• Provide financial analysis, insights and recommendations to the CEO, Finance Head and hospital management.
• Prepare periodic financial and operational reports and highlight key risks, trends and variances.
• Support cost optimisation, profitability, process improvement and operational efficiency initiatives.
• Regular follow up and personal visits to strengthen relationship with all govt departments/ agencies for timely payments and other support critical for hospital operations.