Senior Associate - Finance Controlling

About Us

Manipal Hospitals: Empowering Health, Enriching Lives

Welcome to Manipal Hospitals, where our commitment to exceptional healthcare goes beyond conventional boundaries. At Manipal Hospitals, our commitment to patient-centricity, ethical practices, and clinical excellence is at the core of everything we do. As a leading healthcare provider, we are dedicated to providing world-class medical care and spearheading technological advancements in the field of healthcare. 

As a pioneer in healthcare, Manipal Hospitals is among the top healthcare providers in India serving over 5 million patients annually. Today we stand as an integrated network with a pan-India footprint of 33 hospitals across 17 cities with 9,500 beds, and a talented pool of over 5,000 doctors and an employee strength of over 20,000.

Manipal Hospitals is NABH, AAHRPP accredited and most of the hospitals in its network are NABL, ER, Blood Bank accredited and recognized for Nursing Excellence. 

Join Us

We believe that our success is driven by our people, and we are always looking for talented individuals to be a part of our journey. We value diversity and inclusivity, and we are committed to creating a supportive and collaborative work environment where everyone can grow.  Together, we strive to shape the future of healthcare while fostering professional growth and development.

Discover the difference that passion, innovation, and commitment can make in healthcare. Join Manipal Hospitals – where excellence is a tradition and your contributions will ensure Life’s On for the world at large.

Job Details

No. of Openings: 1

Experience: Years of relevant experience

Job Summary

MIS & Financial

• Book Closure - Assist Unit Finance Head and coordinate with unit Controllership team, and HDs and ensure timely accounting of all invoices, preparing prepaid & provision trackers, passing required JVs in SAP, and closing books of accounts within timelines provided.
• MIS - Assist in preparing end-to-end MIS reports.

Accounts Receivable & Revenue Reconciliation

• Revenue reconciliation - Coordinate with a unit finance team and Reconcile Credit billing flowing to SAP.
• Reconcile the Cash collection & Revenue and ensure that all the bills are settled, revenue is correctly accounted and corresponding receipts are accounted.
• Providing the reconciliation and details of IP/OP Cash Collection and ensuring that this reflects only the deposits from patients admitted to the hospital.
• Get the Receipt entries prepared by associates in an Excel upload file, review the same for correctness, and upload these entries to SAP.
• Provide necessary Ageing Report.

Treasury & Bank Reconciliation

• Reconcile cash collection/receivables.
• Coordinate with the AR/AP team and ensure all the receipts/payment entries, as appearing in bank statements, are accounted for in SAP.
• Ensure that the unit finance team prepares the BRS at the unit level for all bank accounts operated and tagged.
• Ensure all clearing accounts balances are periodically cleared to facilitate the book close process.
• Providing details to write off / write back with the required justification.
• Get Card Reco and ensure that the unit finance team prepares a consolidated collection tracker and sends it to the corporate finance team.
• Ensure that the unit team collects cash deposit slips from respective and matches with the CMS report.
• Ensure that Cash collected and deposited matches with the Collection Summary from Trakcare HIS V/s SAP and follow up for mismatch in cash deposit if any.

Others

• Review unreconciled collection accounts and follow up with the team, as necessary.
• Clearing all clearing GL account balances in SAP Day to Day.
• Perform compliance testing of financial transactions and program operations, under direct supervision, to ensure conformance with approved regulations, policies, procedures, grant requirements, and ordinances.
• Assist in coordinating responses to audit findings by external auditors, monitors, evaluators, etc.
• Act as the point of contact for colleagues of the Hospital and collaboratively work for end-to-end smooth services.
• Maintains confidentiality on all financial and patient information.

Job Responsibilities

MIS & Financial

• Book Closure - Assist Unit Finance Head and coordinate with unit Controllership team, and HDs and ensure timely accounting of all invoices, preparing prepaid & provision trackers, passing required JVs in SAP, and closing books of accounts within timelines provided.
• MIS - Assist in preparing end-to-end MIS reports.

Accounts Receivable & Revenue Reconciliation

• Revenue reconciliation - Coordinate with a unit finance team and Reconcile Credit billing flowing to SAP.
• Reconcile the Cash collection & Revenue and ensure that all the bills are settled, revenue is correctly accounted and corresponding receipts are accounted.
• Providing the reconciliation and details of IP/OP Cash Collection and ensuring that this reflects only the deposits from patients admitted to the hospital.
• Get the Receipt entries prepared by associates in an Excel upload file, review the same for correctness, and upload these entries to SAP.
• Provide necessary Ageing Report.

Treasury & Bank Reconciliation

• Reconcile cash collection/receivables.
• Coordinate with the AR/AP team and ensure all the receipts/payment entries, as appearing in bank statements, are accounted for in SAP.
• Ensure that the unit finance team prepares the BRS at the unit level for all bank accounts operated and tagged.
• Ensure all clearing accounts balances are periodically cleared to facilitate the book close process.
• Providing details to write off / write back with the required justification.
• Get Card Reco and ensure that the unit finance team prepares a consolidated collection tracker and sends it to the corporate finance team.
• Ensure that the unit team collects cash deposit slips from respective and matches with the CMS report.
• Ensure that Cash collected and deposited matches with the Collection Summary from Trakcare HIS V/s SAP and follow up for mismatch in cash deposit if any.

Others

• Review unreconciled collection accounts and follow up with the team, as necessary.
• Clearing all clearing GL account balances in SAP Day to Day.
• Perform compliance testing of financial transactions and program operations, under direct supervision, to ensure conformance with approved regulations, policies, procedures, grant requirements, and ordinances.
• Assist in coordinating responses to audit findings by external auditors, monitors, evaluators, etc.
• Act as the point of contact for colleagues of the Hospital and collaboratively work for end-to-end smooth services.
• Maintains confidentiality on all financial and patient information.

Competencies

Skills

Education