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ModMed Technologies - Finance Lead

ModMed Technologies - Finance Lead

ModMed Technologies India Private LimitedHyderabad, India
30+ days ago
Job description

Finance Lead

We are united in our mission to make a positive impact on healthcare.

Join Us!.

South Florida Business Journal, Best Places to Work 2024.

5000 Fastest-Growing Private Companies in America 2024.

2024 Black Book Awards, ranked #1 EHR in 11 Specialties.

2024 Spring Digital Health Awards, Web-based Digital Health category for EMA Health Records (Gold).

2024 Stevie American Business Award (Silver), New Product and Service : Health Technology Solution (Klara).

Who We Are :

We Are Modernizing Medicine (WAMM)! Were a team of bright, passionate, and positive problem-solvers on a mission to place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform.

Our vision is a world where the software we build increases medical practice success and improves patient outcomes.

Founded in 2010 by Daniel Cane and Dr. Michael Sherling, we have grown to over 3400 combined direct and contingent team members serving eleven specialties, and we are just getting started! ModMed's global headquarters is based in Boca Raton, FL, with a growing office in Hyderabad, India, and a robust remote workforce across the US, Chile, and Germany.

ModMed is hiring a driven Finance Lead to join our positive, passionate, and high-performing Finance team focused on establishing and managing finance policies, procedures, and systems for the India business, while coordinating closely with U.S. counterparts.

The position will drive automation, ensure compliance, manage day-to-day financial operations, and support strategic financial planning within a fast-paced Healthcare IT company that is truly Modernizing Medicine!.

Primary Duties & Policy & Systems Management :

  • Establish and manage finance policies, procedures, and systems.
  • Coordinate with U.S. counterparts to ensure timely and accurate information sharing.
  • Evaluate and implement technology solutions to drive automation, efficiency, and risk reduction.
  • Review policies and SOPs regularly for compliance and accuracy.
  • Serve as the point of contact between the India business and U.S. finance / accounting teams.

Accounts Payable :

  • Confirm approvals prior to payment and ensure contract compliance.
  • Reconcile supplier statements and resolve discrepancies.
  • Support vendor selection, contract negotiations, and GL coding review.
  • FP&A Activities :

  • Lead annual budgeting, forecasting, headcount planning, and variance analysis in partnership with JSS and U.S. FP&A teams.
  • Prepare monthly funding requests and financial updates.
  • Payroll & Employee Expenses :

  • Manage the relationship with Keka, including renewals, pricing negotiations, and payroll execution with JSS.
  • Review payroll files, manage expense reimbursements, and ensure accurate reporting.
  • Banking Operations :

  • Liaise with U.S. Treasury and ICICI Bank on banking matters, approvals, FX management, and corporate card issuance.
  • Cross-Functional & Special Projects :

  • Provide finance support for HR initiatives, audits, and ad hoc analyses.
  • Manage the relationship with JSS for special projects and ongoing collaboration.
  • ModMed Benefits Highlight :

    At ModMed, we believe its important to offer a competitive benefits package designed to meet the diverse needs of our growing workforce. Eligible Modernizers can enroll in a wide range of benefits :

  • Meals & Snacks : Enjoy complimentary office lunches & dinners on select days and healthy snacks delivered to your desk,
  • Insurance Coverage : Comprehensive health, accidental, and life insurance plans, including coverage for family members, all at no cost to employees,
  • Allowances : Annual wellness allowance to support your well-being and productivity,
  • Earned, casual, and sick leaves to maintain a healthy work-life balance,
  • Bereavement leave for difficult times and extended medical leave options,
  • Paid parental leaves, including maternity, paternity, adoption, surrogacy, and abortion leave,
  • Celebration leave to make your special day even more memorable, and company-paid holidays to recharge and unwind.
  • United States :

  • Comprehensive medical, dental, and vision benefits, including a company Health Savings Account contribution,
  • 401(k) : ModMed provides a matching contribution each payday of 50% of your contribution deferred on up to 6% of your compensation. After one year of employment with ModMed, 100% of any matching contribution you receive is yours to keep.
  • Generous Paid Time Off and Paid Parental Leave programs,
  • Company paid Life and Disability benefits, Flexible Spending Account, and Employee Assistance Programs,
  • Company-sponsored Business Resource & Special Interest Groups that provide engaged and supportive communities within ModMed,
  • Professional development opportunities, including tuition reimbursement programs and unlimited access to LinkedIn Learning,
  • Global presence and in-person collaboration opportunities; dog-friendly HQ (US), Hybrid office-based roles and remote availability for some roles,
  • Weekly catered breakfast and lunch, treadmill workstations, Zen, and wellness rooms within our BRIC headquarters.
  • PHISHING SCAM WARNING :

    ModMed is among several companies recently made aware of a phishing scam involving imposters posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote "interviews," and making fake job offers in order to collect personal and financial information from unsuspecting individuals.

    Please be aware that no job offers will be made from ModMed without a formal interview process, and valid communications from our hiring team will come from our employees with a ModMed email address (first.lastname@modmed.com). Please check senders email addresses carefully.

    Additionally, ModMed will not ask you to purchase equipment or supplies as part of your onboarding process. If you are receiving communications as described above, please report them to the FTC website.

    (ref : iimjobs.com)

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