Senior Executive
- Narayana Hrudayalaya
- 4 - 7 years
- Bengaluru
- 6 days ago
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Job Description
Job Purpose and Scope
To oversee the end-to-end Accounts Receivable process across multiple hospital units through a centralized Shared Services Centre. This role ensures timely settlement of receivables and accurate reconciliation for third-party administrators (TPAs), government schemes, corporate clients, and other payors, including cash-paying patients. The position is critical to optimizing cash flow, maintaining financial accuracy, and ensuring data integrity across all integrated hospital systems.
Key Responsibilities
Receivables Management
- Monitor and manage outstanding receivables to ensure timely collections.
- Maintain accurate records of customer accounts and aging reports.
Collections and Follow-up
- Initiate and track follow-ups with clients for pending payments.
- Coordinate with internal teams and customers to resolve payment delays or disputes.
Settlement of Receipts
- Accurately record and reconcile incoming payments against invoices.
- Ensure proper documentation and compliance for all receipts.
Disallowance Analysis
- Investigate and analyze disallowed amounts or short payments.
- Collaborate with billing and operations teams to resolve discrepancies.
Reconciliation and Accounting
- Perform regular account reconciliations to ensure ledger accuracy.
- Support month-end and year-end closing activities related to AR.
Reporting and Analytics
- Generate periodic reports on AR performance, collections, and aging.
- Provide insights and trends to management for decision-making.
Process Standardization
- Identify opportunities to streamline AR processes and improve efficiency.
- Implement best practices and ensure adherence to standard operating procedures.
Job Classification
Industry: Medical Services / HospitalFunctional Area / Department: Finance & AccountingRole Category: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: Narayana HrudayalayaLocation(s): Bengaluru
Keyskills: standard operating procedures accounts receivable capa computer operating documentation data integrity deviation reconciliation billing senior change control data entry operation excel oos operations compliance quality assurance qms english typing typing ms office
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Narayana Hrudayalaya
Narayana Health is headquartered in Bengaluru, India, and operates a network of hospitals across the country, with a particularly strong presence in the southern state of Karnataka and eastern India, as well as an emerging presence in northern, western and central India. We believe that the Narayana...
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