Assistant Manager

Assistant Manager – Finance & Accounts (Corporate Office)

About MAX Healthcare:

Max Healthcare Institute Limited (MHIL) is one of India’s largest and most valued private hospital chains, with 22+ healthcare facilities across key locations including Delhi NCR, Mumbai, Mohali, Bhatinda, Dehradun, Lucknow, and Nagpur. With a workforce of 35,000+ professionals, including 5,000+ clinicians and 12,000+ nurses and paramedics, MHIL delivers high-quality, advanced healthcare services. The organization also operates Max@Home, a leading healthcare-at-home service across 12 cities, and Max Lab, offering 2,700+ diagnostic tests in 50+ cities across North India.

Role Overview:

To manage the overall accounting function, financial reporting, working capital management, fixed asset and CAPEX monitoring, statutory compliance, and monthly and annual financial closures.

Key Roles and Responsibilities:

A.Financial Accounting & Reporting

• Manage the overall accounting function and ensure accurate, complete, and timely maintenance of books of accounts.

• Prepare monthly financial statements, supporting schedules, management reports, and variance analysis.

• Monitor working capital, cash flow, receivables, payables, and other key financial indicators.

• Ensure timely month-end and year-end closing of books in accordance with internal timelines and accounting standards.

• Conduct periodic scrutiny of ledger accounts, control accounts, and financial transactions to identify and resolve discrepancies.

B.Fixed Asset & CAPEX Management

• Prepare and monitor capital expenditure (CAPEX) budgets and track actual expenditure against approved budgets.

• Maintain the fixed asset register and ensure proper accounting, capitalization, depreciation, and reconciliation of fixed assets.

• Monitor CAPEX utilization, budget variances, and compliance with the company's approval matrix.

C.Statutory Compliance & Taxation

• Ensure timely compliance with applicable statutory requirements, including GST, TDS, and Income Tax.

• Monitor tax payments, return filings, assessments, notices, and other statutory deadlines.

• Coordinate with tax consultants and auditors for tax audits, annual Income Tax Return (ITR) filings, and related documentation.

• Ensure proper documentation, reconciliations, and records to support statutory compliance and minimize financial and regulatory risks.

D.Internal Controls & SOP Compliance

• Conduct regular scrutiny of books of accounts to ensure compliance with internal SOPs, accounting policies, and applicable regulations.

• Monitor ERP alerts, exception reports, and control accounts, ensuring timely investigation and corrective action.

• Strengthen internal financial controls and establish processes to improve accuracy, accountability, and operational efficiency.

E.Financial Closing & Intercompany Accounting

• Work with financial information generated through Hospital Information Systems (HIS), SunSystems, and other ERP platforms.

• Monitor system-generated reports, financial exceptions, and transaction-level controls.

• Develop, implement, and monitor accounting processes and SOPs across functions.

• Identify process gaps and recommend improvements in reporting, compliance, and financial control mechanisms.

Key Skills & Competencies:

• Strong understanding of financial accounting, financial statements, accounting principles, and working capital management.

• Sound knowledge of statutory regulations, particularly GST, TDS, and Income Tax.

• Experience in financial reporting, variance analysis, account reconciliations, and month-end and year-end closures.

• Knowledge of fixed asset accounting, CAPEX budgeting, and expenditure monitoring.

• Strong understanding of financial accounting, financial statements, accounting principles, and working capital management.

• Sound knowledge of statutory regulations, particularly GST, TDS, and Income Tax.

• Experience in financial reporting, variance analysis, account reconciliations, and month-end and year-end closures.

• Knowledge of fixed asset accounting, CAPEX budgeting, and expenditure monitoring.

Experience & Qualifications

• 4 to 8 years experience in accounting and finance

• Exposure to Healthcare industry will be preferred

• Professional qualification- CA Inter is preferred

• Familiarity with HIS, SunSystems, ERP reports, exception monitoring, and control accounts