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FP&A Manager | Bangalore

FP&A Manager | Bangalore

N Human Resources & Management SystemsBangalore North, KA, in
24 days ago
Job type
  • Quick Apply
Job description

Job Description

Company : Health care sector | Location : Corporate office, Bengaluru | Position : Manager-Business Finance | Department : Business Finance

Reports To : Head of Finance

Employment Type : Full-time

Job Summary :

The Business Finance Manager will be responsible for managing financial planning, budgeting, and performance analysis across business verticals- Healthcare Services (Clinics), diagnostic labs / CECs, and Wellness Services. The role requires a strategic thinker with strong analytical skills to optimize revenue streams, control costs, and support business expansion in the healthcare sector.

Key Responsibilities :

Financial Planning & Analysis (FP&A) :

  • Develop annual budgets, rolling forecasts, and long-term financial plans for clinic operations, diagnostics, and wellness services that support the strategy.
  • Track KPIs (patient volume, test utilization, AR days, service profitability) and provide actionable insights to leadership.
  • Analyse revenue cycles (fee-for-service, insurance reimbursements (as & when covered), package pricing and identify opportunities for margin improvement.
  • Prepare & present periodic MIS & financial reports (Plan vs Actuals) with performance dashboards & strategic recommendations for senior management.

Revenue Optimization, Cost Control & & Commission structure :

  • Pricing Strategy : Analyse pricing models for consultations, diagnostic tests, and wellness programs (e.g., memberships, corporate wellness etc).
  • Cost Management & tracking : Monitor expenses (lab supplies, medical equipment, staffing) and implement efficiency improvements.
  • Billing Oversight : Work with billing teams to ensure the completeness & wherever applicable optimize insurance claims processing, reduce denials, and improve collections.
  • Managing Commission Structures for Clinics team including consulting doctors.
  • Business Strategy & Growth Support :

  • Evaluate new service lines through financial modelling and ROI analysis.
  • Support expansion initiatives (new clinics, lab partnerships, acquisitions) with feasibility studies and investment proposals.
  • Collaborate with marketing to assess promotional campaigns, corporate wellness contracts, and patient acquisition costs etc.
  • Compliance & Risk Management :

  • Ensure adherence to healthcare financial regulations.
  • Implement internal controls for revenue recognition, inventory management (diagnostic supplies), and fraud prevention.
  • Liaise with auditors, tax advisors, and healthcare financiers for compliance and funding needs.
  • Cross-Functional Leadership :

  • Partner with Medical Directors or Mentors, clinic managers, lab directors, Wellness leads, team of Operations, Quality, marketing, project implementation Sales, Technology officers to align financial and operational goals.
  • Mentor finance and core team of Clinics, Diagnostic and Wellness Centre (accountants, admin etc) and streamline processes (AP, compensation, inventory tracking etc).
  • Requirements

    Education : Chartered Accountant (CA)

  • Experience :
  • o 2+ years post qualification experience.

    o Knowledge of medical & wellness centres billing, lab economics, and insurance reimbursement is an added advantage.

  • Technical Skills :
  • o Strong Accounting Knowledge & Advanced financial modelling (Excel, Power BI). To be a Technology Savvy & have worked on ERP systems (Like MS Dynamics & lab-specific software).

    o Familiarity with healthcare analytics tools is a +.

  • Soft Skills :
  • o Strong problem-solving and ability to simplify complex financial data for non-finance teams.

    o Influence cross-functional stakeholders.

    o Act with Integrity & be an energised and inspirational manager aligning to Company’s Mission, Vision and Values.

    Requirements

    Education : Chartered Accountant (CA)

  • Experience : o 2+ years post qualification experience. o Knowledge of medical & wellness centres billing, lab economics, and insurance reimbursement is an added advantage.
  • Technical Skills : o Strong Accounting Knowledge & Advanced financial modelling (Excel, Power BI). To be a Technology Savvy & have worked on ERP systems (Like MS Dynamics & lab-specific software). o Familiarity with healthcare analytics tools is a +.
  • Soft Skills : o Strong problem-solving and ability to simplify complex financial data for non-finance teams. o Influence cross-functional stakeholders. o Act with Integrity & be an energised and inspirational manager aligning to Company’s Mission, Vision and Values.
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