Finance Executive
Columbia Asia Hospitals PVt Ltd
Total years of experience :16 years, 4 Months
Significant Highlights
Provides professional financial administration by adhering to established finance and accounting standards and procedures.
Responsible for administration of budgets, analysis, MIS, Cost & Expense control, streamlining processes and systems.
Responsible for Accounts receivables and payables, inventory management & other statutory compliances.
Responsible for Finance and Stores Employee.
Main Job Tasks:
FINANCIAL RESPONSIBILITIES
Is responsible for the operational budgets & cost controls.
Is responsible for profit and loss, expense budgets- forecasting/ cost busters, capital budgets, cash flows.
Prepared a CHARGE MASTER in CAH- Ahmedabad, considering competitive market and other units of CAH in Excel.
CUSTOMER RESPONSIBILITIES
Ensure a quick response time to all patient complaints related to finance processes.
Ensure speedy discharge of patients.
PROCESSS RESPONSIBILITIES
Is responsible for process and control systems:
Diagnostic control systems
Purchase and Quality Management systems
Inventory Management systems
Slow moving non- moving items
Total inventory reduction
Streamlining of stores and storage areas
Cost control module for all procedures
Work Order systems.
Accounts Payable, Accounts Receivable.
Discharge Process and TPA process.
Billing Process
MIS systems & Reporting
Develops MIS Modules for Management Information systems, Payrolls systems.
Ensures all MIS reports for up line reporting are streamlined.
Submitting Daily revenue Report to Higher Authorities (Malasiya, USA-HO)
Ensures all legal provisions re-licensing and taxes are adhered to and fees and other statutory payments are done on time.
Will perform any other duties that may be assigned from time to timeEnsures compliance with accreditation standards
People Responsibilities
Takes responsibility for all Finance staff who report to the position.
Provides on job orientation to Finance staff and keeps them informed of the philosophies, policies, and procedures to be followed.
Provides for in-service and/or continuing education for the Finance staff.
Evaluates the work performance of the staff.
Sanctions and recommends leave and vacation schedules for the staff.
Counsels staff on personal and work problems.
Plans staff work assignments and schedules.
Administered following taxation activities:
Made agreement with Vendors and other stack holders and liaison with other department.
Played a key role for obtaining different license for opening the hospitals.
Coordinate with Doctors :
Played a pivotal role making various packages based on Charge Master of CAH-Ahmedabad.
Doing analysis of Doctors business with their Payments, etc.
Handling doctors for their payments and other discrepancies and come to the solution by co coordinating with other departments.
Managing Accounting team for timely execution of various accounting processes and preparing monthly management accounts which includes monthly income and expenditure, balance sheet, cash flow statement for presentation to the management.
Develop, review and amend if required the internal control system and report the same to the management.
Make monthly, quarterly and yearly various MIS as per the requirement of the management and present the same for enable management to take effective decisions.
Liaising and negotiating with banks & financial institutions for raising funds and non fund bases facilities at favorable terms to meet the target, working capital requirements, . In addition, preparing and reviewing material financial transactions on regular basis and advising matters to the management.
Preparation of trial balance, profit & loss account, financial statements, preparation of budgetary and accounting policies and presenting operating profit and net profit to the management on a monthly basis
Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
On a key account, maintaining purchase day book, sales day book, cash book, cheque journal, petty cash book in value software. Preparation of weekly or monthly debtor reconciliation, creditor's reconciliation, wages reconciliation, bank reconciliation etc
Liaised with internal accounts team, tax department, external auditors and internal auditors and advising on matters concerning compliance with head office, maintaining accounting policies as per the norms of legislation and as per the unit policy. In addition, managing and assisting the finance team and controlling treasury systems and maintaining finance policy and treasury policy on a regular basis, which further includes identifying and reporting on financial risk, within the organisation.
Tax planning and taxation advice to the management & filing returns on time and meeting deadlines and pay taxes on time to avoid incurring interest and penalties & advising to the management of any capital investments projects.
File various statutory returns like, TDS Return, Service Tax Return etc. on timely basis and also ensure that payment of the due tax must be done on timely basis.
Ensure of timely booking of transaction as per the accounting policy of unit and applicable Accounting Standard.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Providing Consultancy services to clients.
Vouching of Various Books like purchase book, Cash Book, Journal Book.
Checking & Establishment of internal control system.
Preparing audit progrwass in consultation with client.
Analysis of draft financial statements including notes to accounts.
Physical stock take and valuation as on the year end in accordance with Accounting Standard issued by ICAI.
Prepared income tax returns of various clients.
Vouching of Various Books like purchase book, Cash Book, Journal Book.
Preparing project reports.
Company Law, Auditing, Secretarial Practice, Taxation, Finance, Accounting
BACHELOR OF COMMERCE FROM GUJARAT UNIVERSITY I have done my college From HL College of Commerce and got marks as under, Percentage Year T.Y. B Com 65 % 2009-10
S.Y. B Com 63 % 2008-09
F.Y. B Com 61 % 2007-08 H.S.C
I have passed HSC from Amardeep School with 84 % in the year 2006-07
S.S.C I have passed SSC from Amardeep School with 73 % in the year 2004-05.
