Accounts Head

Accounts Head – Reputed Multi-Speciality Hospital | Ankleshwar

Job Title: Accounts Head
Location: Ankleshwar, Gujarat
Industry: Healthcare / Multi-Speciality Hospital
Department: Accounts & Finance
Employment Type: Full-time
Experience: Hospital/Healthcare industry experience required
Salary: ₹85,000 – ₹90,000 CTC per month
Reporting To: Medical Superintendent / General Manager

Job Description

A reputed multi-speciality hospital in Ankleshwar is looking for an experienced Accounts Head to lead the Accounts & Finance function and oversee financial operations, hospital revenue management, statutory compliance, audits and financial controls.

The ideal candidate should have strong experience in hospital accounting and finance, with a good understanding of OPD, IPD, pharmacy, diagnostics, OT, ICU and insurance/TPA revenue processes.

Key Responsibilities

• Oversee day-to-day accounting operations including accounts payable, receivables, general ledger, cash and bank transactions.
• Ensure accurate and timely monthly, quarterly and annual financial closing.
• Prepare MIS, P&L statements, balance sheets, cash-flow statements and management reports.
• Monitor revenue, expenses, profitability and overall financial performance.
• Ensure proper accounting of OPD, IPD, pharmacy, diagnostics, OT, ICU and insurance/TPA revenues.
• Supervise hospital billing and revenue-cycle processes.
• Monitor outstanding patient, corporate, insurance and TPA receivables.
• Ensure timely submission and settlement of insurance/TPA claims.
• Identify revenue leakages, billing discrepancies, refunds and credit adjustments.
• Lead budgeting and forecasting activities and monitor performance against budgets.
• Provide financial analysis and recommendations to management.
• Support cost-control and profitability improvement initiatives.
• Manage working capital and cash-flow requirements.
• Monitor vendor payments, patient collections and insurance collections.

Statutory Compliance & Audit

• Ensure compliance with applicable accounting, taxation and statutory requirements.
• Oversee GST, TDS, income-tax and other applicable statutory filings.
• Coordinate with statutory auditors, tax consultants and internal auditors.
• Ensure timely completion of audits and resolution of audit observations.
• Establish and maintain strong financial controls and approval processes.
• Review financial transactions for accuracy, authorisation and compliance.

Team Management & Hospital Finance

• Lead and supervise the Accounts & Finance team.
• Define responsibilities, targets and performance standards.
• Train team members and improve accounting processes.
• Coordinate with procurement and stores teams on financial controls.
• Oversee payroll accounting and related statutory deductions.
• Coordinate with HR for payroll reconciliations and employee advances/settlements.

Doctor Incentive Management

• Calculate doctor incentives based on approved agreements, revenue, OPD/IPD, procedures, surgeries and applicable performance parameters.
• Reconcile doctor-wise billing, collections, discounts, refunds and revenue data.
• Prepare doctor-wise incentive statements and ensure timely and accurate payments.
• Maintain incentive MIS and identify errors or revenue leakages.

Eligibility & Skills

• Graduate in Commerce / Finance / Accounting or a relevant discipline.
• Relevant experience in the hospital/healthcare industry is required.
• Strong knowledge of hospital accounting and financial processes.
• Good understanding of billing, revenue cycle and insurance/TPA processes.
• Strong knowledge of GST, TDS, taxation and statutory compliance.
• Excellent analytical, reconciliation and problem-solving skills.
• Strong leadership and team-management abilities.
• Good communication and coordination skills.
• Proficiency in accounting software and MS Excel/MIS reporting will be an advantage.

Salary

₹85,000 – ₹90,000 CTC per month

Salary will be based on the candidate's relevant hospital experience, qualifications and overall suitability for the role.

Why Join Us?

• Opportunity to work with a reputed multi-speciality hospital in Ankleshwar.
• Senior-level role with responsibility for the hospital's Accounts & Finance function.
• Opportunity to work closely with hospital management and multiple operational departments.
• Professional working environment and scope for career growth.

Pay: ₹85,000.00 - ₹90,000.00 per month

Work Location: In person