Financial Controller (CA)

This role is for one of the Weekday's clients

Salary range: Rs 3000000 - Rs 3600000 (ie INR 30-36 LPA)

Min Experience: 10 years

Location: Srinagar, Panchkula, Udaipur

JobType: full-time

We are seeking a highly accomplished Financial Controller to lead the finance function at one of the top-performing hospital units. The ideal candidate will be a qualified Chartered Accountant (CA) with 10 to 22 years of extensive experience in the healthcare sector, specifically in managing financial operations for leading hospitals. As the Unit Head - Finance, you will be responsible for overseeing the financial health of the unit, ensuring compliance, driving cost efficiencies, and supporting long-term strategic growth.

This is a leadership position that demands a hands-on finance expert who understands the complexity of hospital operations, including areas like cardiology and critical care.

Key Responsibilities

• Strategic Financial Leadership: Lead and manage the unit’s entire financial operations including budgeting, forecasting, variance analysis, cost control, and capital planning.
• Financial Reporting: Ensure timely and accurate preparation of financial statements in compliance with regulatory requirements and internal policies.
• Budgeting & Forecasting: Prepare annual budgets and long-range plans for the hospital unit, and monitor their implementation.
• Cost Optimization: Identify and implement cost-saving opportunities without compromising service quality, particularly in high-value departments like Cardiology.
• Internal Controls & Compliance: Ensure strong internal financial controls and compliance with statutory laws, taxation norms, and audit requirements.
• MIS & Analytics: Provide meaningful financial insights and dashboards to support management decision-making.
• Team Management: Lead and develop the finance team, instilling a culture of performance and integrity.
• Stakeholder Collaboration: Work closely with medical directors, operational heads, and promoters to align financial goals with overall hospital strategy.
• Revenue Cycle Management: Supervise billing, receivables, collections, and liaison with insurance providers to ensure healthy cash flows.
• Capex Planning: Manage financial evaluation and ROI assessment for capital expenditures including expansion, new medical equipment, and infrastructure.

Skills and Competencies

• Core Financial Expertise: Strong grip over accounting principles, audit, financial planning, taxation, and reporting.
• Healthcare Finance Domain Knowledge: Proven experience managing the finance function of a top-tier hospital, preferably with exposure to specialized departments such as Cardiology.
• Leadership & Strategy: Ability to drive financial strategy at the unit level, aligning with broader corporate goals.
• Analytical Thinking: Data-driven with a problem-solving mindset to support operational efficiency and profitability.
• Technology Savvy: Proficient with hospital ERP systems, advanced Excel, and financial modeling tools.
• Communication Skills: Strong interpersonal and stakeholder management skills; ability to communicate financial matters to non-finance leaders.

Preferred Candidate Profile

• CA with 10–22 years of experience, predominantly in the hospital/healthcare industry.
• Must have served as Financial Controller, Head of Finance, or Unit Head - Finance in a reputed hospital.
• Strong understanding of healthcare costing, medical reimbursements, capex cycles, and departmental profitability.
• Experience working with or supporting cardiology departments is an added advantage.