Job Title

Role: Chief Financial Officer (CFO)Location: Punjab, IndiaHospital Type: Multi-Specialty, 220 BedsReporting To: Managing Director / COOSupervises: Finance & Accounts Team, Billing, Procurement, Commercials, Internal AuditQualifications & ExperienceQualified Chartered Accountant (CA) or MBA (Finance) from a reputed institute15+ years of progressive experience, preferably with 5+ years as CFO or Financial Controller in a hospital, healthcare chain, or related service industryProven expertise in budgeting, forecasting, compliance, and business financeStrong grip on hospital ERP systems, financial automation toolsRole OverviewThe CFO will be a strategic member of the hospital's leadership team, responsible for leading the financial strategy, forecasting, and risk management. This role involves creating and owning the Annual Operating Plan (AOP), ensuring financial compliance, enabling informed decision-making, and driving sustainable growth through robust controls and performance insights.Key ResponsibilitiesStrategic Financial Planning & ForecastingLead the development, review, and execution of the Annual Operating Plan (AOP) in alignment with the hospital’s strategic objectives.Drive short-term and long-term financial forecasting, scenario planning, and cost optimization initiatives.Partner with operations and clinical heads to translate volume and resource assumptions into financial plans.Financial Control & ComplianceEnsure timely and accurate bookkeeping, financial statements, and monthly closings.Maintain strong internal controls, cash flow monitoring, and statutory compliance under Companies Act, Income Tax, GST, TDS, PF, ESIC, etc.Coordinate with external auditors, internal auditors, and tax advisors.Budgeting & Performance MonitoringOwn the budgeting process and regularly monitor variances with heads of departments.Develop department-level KPIs and dashboards to enable cost discipline and revenue growth.Present monthly MIS, board packs, and business review insights to senior management.Revenue Cycle & Cost ManagementOversee hospital billing, collections, third-party payments (TPA/insurance), and credit control.Drive pricing strategy, cost-per-bed analysis, and margin improvement across services.Monitor working capital, receivables aging, and vendor management processes.Compliance, Risk & GovernanceEnsure all statutory filings, licenses, and regulatory compliances are up to date.Proactively manage legal and financial risks; maintain insurance coverage and business continuity plans.Implement best practices in procurement, contract management, and inventory controls.Strategic Projects & ExpansionSupport leadership in evaluating capex investments, new service lines, partnerships, or acquisitions.Lead financial due diligence and project ROI assessments.Guide technology upgrades in financial systems and ERP adoption.