London GastroCare Hospital, Kukatpally, Hyderabad
Employment Type
Full-Time
Department
Finance & Accounts
Job Summary
We are seeking a detail-oriented and experienced Hospital Accountant to manage the financial operations of our hospital. The ideal candidate will be responsible for maintaining accurate financial records, managing patient billing and insurance reconciliation, statutory compliance, vendor payments, payroll support, and preparing financial reports. Experience in hospital accounting or healthcare finance will be an added advantage.
Key ResponsibilitiesFinancial Accounting
- Maintain day-to-day accounting transactions.
- Record all receipts, payments, journal entries, and bank transactions.
- Prepare monthly, quarterly, and annual financial statements.
- Maintain General Ledger, Trial Balance, Profit & Loss Account, and Balance Sheet.
- Perform bank reconciliation on a regular basis.
Hospital Billing & Revenue Management
- Verify patient billing accuracy.
- Monitor IP, OP, Pharmacy, Laboratory, Endoscopy, Radiology, and Procedure collections.
- Reconcile cash, card, UPI, insurance, and online payments.
- Coordinate with billing and front office teams for revenue reconciliation.
- Monitor pending collections and outstanding payments.
Insurance & TPA Accounts
- Process insurance and TPA claims.
- Reconcile insurance settlements.
- Follow up on pending claims.
- Maintain claim documentation and payment records.
Accounts Payable
- Verify vendor invoices.
- Process supplier payments.
- Maintain purchase and payment registers.
- Reconcile vendor statements.
- Monitor due dates and payment schedules.
Accounts Receivable
- Track outstanding patient payments.
- Follow up with corporate clients and insurance companies.
- Maintain ageing reports.
- Coordinate with management for recovery of overdue amounts.
Payroll & Employee Accounts
- Assist in salary processing.
- Verify attendance and payroll data.
- Process statutory deductions.
- Maintain employee reimbursement records.
Taxation & Compliance
- Prepare GST working and reconciliation.
- Handle TDS calculations and return preparation.
- Coordinate with auditors and tax consultants.
- Ensure compliance with Income Tax, GST, PF, ESI, and other statutory regulations.
Inventory & Asset Accounting
- Monitor pharmacy inventory valuation.
- Verify purchase entries.
- Maintain fixed asset register.
- Record depreciation and capital expenditure.
Financial Reporting
- Prepare daily hospital collection reports.
- Generate MIS reports for management.
- Analyze departmental revenue and expenses.
- Prepare monthly financial dashboards.
- Assist in budgeting and forecasting.
Audit Support
- Prepare documents for internal and statutory audits.
- Maintain proper financial documentation.
- Ensure compliance with accounting standards and hospital policies.
Required Qualifications
- Bachelor's Degree in Commerce (B.Com)
- M.Com / MBA Finance (Preferred)
- CA Inter (Preferred but not mandatory)
Experience
- Minimum 3–5 years of accounting experience.
- At least 1–2 years of experience in hospital or healthcare accounting is preferred.
- Experience with hospital management software (HealthPlix, MedMantra, Practo Ray, or similar) is an advantage.
Technical Skills
- Tally Prime
- Microsoft Excel (Advanced)
- MS Word
- GST & TDS Compliance
- Banking Transactions
- Payroll Processing
- Financial Reporting
- Hospital Billing Systems
- ERP Software
Required Skills
- Strong analytical and numerical ability.
- Excellent attention to detail.
- High level of integrity and confidentiality.
- Good communication and interpersonal skills.
- Ability to work under deadlines.
- Strong organizational and time management skills.
- Problem-solving attitude.
- Team player with a positive approach.
Key Performance Indicators (KPIs)
- Daily cash reconciliation completed accurately.
- Zero accounting discrepancies.
- Timely vendor payments.
- Accurate GST and TDS filings.
- Monthly financial reports submitted on time.
- Insurance reconciliation completed within timelines.
- Audit observations minimized.
- Effective control of receivables and outstanding dues.
Working Hours
- 9:00 AM – 6:00 PM (or as per hospital policy)
- Six-day working week
- Availability during month-end closing and audits when required
Salary
₹30,000 – ₹45,000 per month, depending on experience and qualifications.
Benefits
- Provident Fund (PF)
- Employee State Insurance (ESI) (where applicable)
- Paid Leave
- Professional Development Opportunities
- Employee Health Check-up Benefits
- Supportive and Professional Work Environment
Preferred Candidate Profile
- Prior experience in a multispecialty hospital.
- Strong understanding of healthcare revenue cycle management.
- Familiarity with NABH documentation and financial compliance.
- Ability to independently manage the hospital accounts department.
- Excellent proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and financial reporting.
Join Our Team
If you are passionate about financial excellence and want to contribute to a growing healthcare organization, we invite you to apply and become a valued member of our finance team.
Pay: ₹25,000.00 - ₹40,000.00 per month
Work Location: In person
