Financial Planning and Analysis Manager

Continental Hospitals, Gachibowli, Hyderabad

Continental Hospital is a JCI and NABH accredited facility offering multi-specialty, tertiary, and quaternary care services. With 585 beds and more than 50 specialties, the healthcare institution is spread across 18 floors (1.4 million sq. ft), with 600 capacity car parking, 36 customized elevators, 2 escalators, located in the IT and Financial District of Hyderabad, Gachibowli.

Continental Hospitals, India’s first LEED qualified super specialty hospital is built on international standards and is designed to enhance the healing spaces with natural ventilation, safety, and privacy. The hospital has incorporated the safest standards in the world including fire, water resources, sanitation, and internal transportation systems. Continental Hospitals was founded by Dr Guru N Reddy in April 2013 to redefine healthcare in India by providing quality patient care with integrity, transparency, a collaborative approach, and evidence-based medicine

Job Summary :

We are seeking a highly motivated and skilled Finance Manager with an MBA in Finance, ideally with experience in the hospital or healthcare sector. The ideal candidate will have a strong understanding of financial processes and management within healthcare organizations. This role requires excellent communication skills, the ability to analyze financial data, and a proactive approach to improving financial processes and strategies.

Financial Analysis & Reporting :

Analyze financial statements :

Review and interpret financial statements (income statement, balance sheet, cash flow statement) to identify trends, variances, and areas for improvement.

Prepare financial reports :

Generate regular reports (monthly, quarterly, annual) summarizing key financial performance indicators (KPIs) for management and stakeholders.

Variance analysis :

Investigate and explain discrepancies between actual performance and budget, identifying root causes and recommending corrective actions.

Cost analysis :

Conduct cost-benefit analysis for various hospital services, procedures, and projects to optimize resource allocation.

Cash Analysis & Insurance Analysis

Budgeting & Forecasting :

Develop and manage budgets :

Participate in the development and implementation of the hospital's annual budget, ensuring alignment with strategic goals.

Prepare financial forecasts :

Develop short-term and long-term financial forecasts to anticipate future financial needs and opportunities.

Monitor budget performance :

Track actual spending against budget, identify potential overruns, and implement measures to stay within budget.

Financial Health & Compliance :

Ensure compliance :

Stay up-to-date with relevant financial regulations and ensure the hospital's financial operations are compliant.

Risk management :

Identify and assess financial risks and implement strategies to mitigate them.

Internal controls :

Review and evaluate internal controls to ensure the integrity and accuracy of financial data.

Financial modeling :

Develop and maintain financial models to support decision-making and strategic planning.

Qualifications & Requirements :

Education :

MBA in Finance from reputed Institution. ( Will not be considering CA)

Experience :

Minimum of 10 years of relevant experience in finance, with at least 4 years in the hospital or healthcare sector.

Skills :

Strong understanding of financial management and accounting principles, particularly in the healthcare industry.

Excellent communication skills, both verbal and written, with the ability to communicate complex financial data clearly to non-financial stakeholders.

Proficient in

financial software ,

Advance Excel ,

Tableau, BI, Dashboard

Strong problem-solving skills and the ability to manage multiple priorities simultaneously.

Attention to detail and the ability to work independently with minimal supervision.

Desired Attributes :

Proactive approach to identifying financial inefficiencies and implementing improvements.

Strong leadership skills, with the ability to work collaboratively across departments.

Ability to work in a fast-paced, dynamic environment and manage deadlines effectively.