Chief Financial Officer

Role & responsibilities

Support the Business through functional leadership: Develop financial plans to support the strategy and business goals of the hospitals, in partnership with the CEO and work closely with Business Heads , Finance teams of the three hospitals to develop and validate budgets and Capex/Opex in accordance with their Annual Operating Plans. Be the custodian and controller of the budget on an on-going basis and alert management to all deviations and risks to the achievement of financial projections. Support business in preparing a remedial plan to offset all likely target risks and shortfalls.

2. Financial Operations Excellence: Ensure timely and efficient finance transactions (payments, collections and receivables) as per defined TATs and brand promises to internal and external customers. Create and manage detailed trackers for ensuring that transaction processing and payments are done on time (including payments to doctors)

3. Generate revenue and savings uplift for the hospitals: Identify opportunities for the uplift of EBITA by focusing on both revenue and cost levers. Identify and execute cost reduction initiatives in collaboration with other functions to bring down indirect (e.g. travel, rent, communication) and other operating costs

4. Treasury Management: Ensure optimum cash flow: Liaise with banks for loan extensions and interest rates, and with promoter companies for CAPEX funding requirements. Conduct effective treasury management activities to improve the cost of funding. Ensure adequate liquidity for the business through effective cash management (both day-to-day and for the short/ medium term)

5. Drive comprehensive MIS and financial reporting: Ensure centralized and accurate Financial reporting from the system . Ensure that reports are prepared with accuracy and shared in a timely manner.