MGM Healthcare - General Manager - Finance

About the Role:

The General Manager Finance will be responsible for driving the day-to-day financial operations across all MGM Healthcare units, ensuring accuracy, compliance, and operational efficiency. The role ensures financial discipline, supports decision-making, and contributes to sustainable growth and cost optimization.

Key Finance & Strategic Planning

• Develop and implement short and long-term financial plans.
• Oversee preparation and consolidation of annual operating and capital budgets.
• Conduct periodic budget reviews to compare actual vs. planned performance.

• Manage effective functioning of payables and receivables across all units.
• Approve vendor/service provider payments per defined cycles.
• Oversee billing, collections, follow-ups, and bad debt reduction.

• Manage banking relationships, loans, liabilities, and liquidity.
• Ensure optimal cash flow and adherence to debt covenants.

• Guide unit-level finance leads; supervise revenue reconciliation and cash deposits.

• Verify and reconcile daily revenue reports (IPD, OPD, Diagnostics, Pharmacy).
• Oversee reconciliation of POS, UPI, NEFT, insurance, and corporate receipts.

• Ensure accurate processing of payments to doctors/consultants per contracts.

• Deliver timely MIS and analytics on revenue, cost, and profitability.

• Ensure accurate payroll, statutory compliance, and secure handling of data.

• Ensure GST, TDS, EPF, ESI, and other compliance.
• Participate in audits and risk reviews; enforce internal controls and SOPs.

• Work with SCM to optimize vendor payments and inventory costs.

• Mentor the Finance team; drive performance, transparency, and communication.
• Engage with board members, investors, and external stakeholders.

• Multi-location, multi-unit organization requiring travel.
• Must be available on-call to address financial issues as they Bachelors in MBA (Finance) or equivalent from reputed institute preferred.
• Professional certification such as 10-12 years in finance/accounts; 5+ years managerial.
• Multi-unit finance operations, statutory compliance, ERP knowledge.
• Healthcare or related industry experience Strategic Thinking, Financial Acumen, Results Orientation, Stakeholder Mgmt.
• Risk Management, Impactful Communication, Analytical Ability, Data Savviness.

• Proven senior leadership collaboration.
• High integrity, ethics, and credibility.
• Excellent communication & interpersonal skills.
  Closing Note
• Join MGM Healthcare to lead finance operations with strategic vision, drive compliance, and enable sustainable financial growth.
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