Head Account Receivable (Hospital Background)

This role is for one of the Weekday's clients

Salary range: Rs 3000000 - Rs 4000000 (ie INR 30-40 LPA)

Min Experience: 15 years

Location: Gurgaon

JobType: full-time

We are seeking a highly experienced and detail-oriented Manager – Finance Head, Accounts Receivable with a strong background in the hospital or healthcare sector. The ideal candidate will bring 15 to 20 years of relevant experience in managing and leading the accounts receivable (AR) function, with deep expertise in revenue cycle management, patient billing, insurance claim settlements, and recovery processes. The individual will be responsible for driving AR performance, ensuring timely collections, and optimizing cash flow in a fast-paced and compliance-driven healthcare environment.

Key Responsibilities:

• Lead the Accounts Receivable function across multiple hospital units, ensuring timely and accurate billing, collections, and reconciliation.
• Own and drive the end-to-end AR process, including patient billing, insurance billing, TPA and corporate client collections, and outstanding receivables follow-up.
• Collaborate closely with billing, patient services, and insurance departments to improve AR efficiency and reduce Days Sales Outstanding (DSO).
• Develop, implement, and continuously improve AR policies, procedures, and internal controls in line with industry best practices.
• Manage a team of AR executives and analysts, providing leadership, mentoring, and performance management.
• Conduct regular aging analysis of accounts receivable, identify delinquent accounts, and initiate effective recovery strategies.
• Coordinate with internal departments and external stakeholders (insurance companies, TPAs, corporates) to resolve disputes and claim denials.
• Oversee the documentation and compliance of AR processes with internal audit and statutory requirements.
• Generate and present periodic AR performance reports and dashboards to senior management, highlighting key metrics and action plans.
• Ensure adherence to hospital accounting standards, regulatory frameworks, and revenue recognition norms.
• Lead automation initiatives for the AR function, including ERP enhancements, digitization of billing and collections, and integration with hospital information systems (HIS).

Key Skills & Qualifications:

• Bachelor's or Master’s degree in Finance, Accounting, or a related field. A CA/MBA (Finance) will be preferred.
• 15–20 years of progressive experience in Finance & Accounts, with at least 10 years in leading Accounts Receivable in a hospital or healthcare setting.
• Strong knowledge of hospital revenue cycle processes, insurance claim settlements, TPAs, and regulatory frameworks in healthcare finance.
• Proven experience in leading AR operations for large hospital chains or multi-specialty healthcare providers.
• Hands-on experience with hospital ERP systems, billing software, and Excel-based reporting.
• Excellent communication, leadership, and stakeholder management skills.
• Analytical mindset with a focus on process improvements and financial accuracy.
• Ability to thrive in a high-pressure, dynamic, and compliance-driven environment.