Chief Finance Officer AVANTIKA HR VENTURES LLP

About AVANTIKA HR VENTURES LLP

Job Description

Key Responsibilities:

IPO: Pre and post listing

Strategic Financial Planning & Forecasting

• Lead the development, review, and execution of the Annual Operating Plan (AOP) in alignment with the hospitals strategic objectives.
• Drive short-term and long-term financial forecasting, scenario planning, and cost optimization initiatives.
• Partner with operations and clinical heads to translate volume and resource assumptions into financial plans.

Financial Control & Compliance

• Ensure timely and accurate bookkeeping, financial statements, and monthly closings.
• Maintain strong internal controls, cash flow monitoring, and statutory compliance under Companies Act, Income Tax, GST, TDS, PF, ESIC, etc.
• Coordinate with external auditors, internal auditors, and tax advisors.

Budgeting & Performance Monitoring

• Own the budgeting process and regularly monitor variances with heads of departments.
• Develop department-level KPIs and dashboards to enable cost discipline and revenue growth.
• Present monthly MIS, board packs, and business review insights to senior management.

Revenue Cycle & Cost Management

• Oversee hospital billing, collections, third-party payments (TPA/insurance), and credit control.
• Drive pricing strategy, cost-per-bed analysis, and margin improvement across services.
• Monitor working capital, receivables aging, and vendor management processes.

Compliance, Risk & Governance

• Ensure all statutory filings, licenses, and regulatory compliances are up to date.
• Proactively manage legal and financial risks; maintain insurance coverage and business continuity plans.
• Implement best practices in procurement, contract management, and inventory controls.

Strategic Projects & Expansion

• Support leadership in evaluating capex investments, new service lines, partnerships, or acquisitions.
• Lead financial due diligence and project ROI assessments.
• Guide technology upgrades in financial systems and ERP adoption.