Chief Financial Officer

Job Purpose: Heading the Finance and Accounts function at SNHC in an efficient way to achieve the vision and mission of SNHC  

About the Opportunity

• Sant Nirankari Charitable Foundation (SNCF), a Charitable Society (NGO) established in 2010 has successfully implemented numerous projects focused on education, healthcare and sustainable developments in communities. Over 40 million beneficiaries of the community were helped by the said Foundation which through its Health City Project in North Delhi aims to revolutionize the healthcare industry by setting new standards for patient centric treatment by incorporating the principles of oneness and service to humanity. The first phase of this Health City with 500+ beds is on track and is expected to be commissioned by Q4 of 2024–25.  State of the art capabilities are being established in a 10-acre land with the built up of 1.12 lacs sq mtr. Latest technology and cutting-edge facilities are being provided by creating Centres of Excellence.
• This prestigious Health City is looking for a strategic, passionate and experienced Chief Financial Officer to spearhead the Financial and Accounts functions of the institution and take our mission forward. The CFO must be well-versed in all aspects of financial management ranging from simple accounting to broad investment and banking operations. CFO will have to be a strategic partner to the CEO and other HODs to align financial and operational resources and talent to meet its present and future goals. In addition, CFO will be responsible for delivering the best in class Financial & other accounting aspects, nurturing positive and productive culture.

As one of key members of senior leadership executive team CFO will report to the CEO.

Key Responsibilities:

Financial Planning, Budgeting & Budgetary controls:

• Drive the preparation of the budget, financial forecasts and report variances.
• Ensuring detailed business reporting with in-depth analysis on trends.
• Coordinate with various other departments by discussing unit business plans and agreeing on a future path to be taken to achieve the same.

• Ensure full transparency over the financial performance of the institution
• Provide strategic advice on how to increase revenue and optimise the costs

Project Finance

• Monitor strict control over Project expenses including green field & expansion projects
• Ensure no cost and time over run
• Bring to the timely notice of CEO any variation in the CAPEX and OPEX Budgets and by playing a lead role in achieving the desired objective.

Accounting and Financial Processes:

• Demonstrate ability and skill in handling overall accounting function independently.
• Lead month end and year end closing processes.
• Provide guidance on preparation of cash flows management and implementation of fund tracking system.
• Ensure timely updating books of accounts complying with statutory and internal norms.
• Ensure TAT is maintained for Vendor Payment and other deliverables for internal customers.
• Monitor all banking activities of the institution

Pricing and other strategies to enable business:

• Implement the pricing strategies and evolution of billing policies and standardization.
• Improving efficiencies and productivity within the businesses on cost management, billing accuracy, patient estimates etc.
• Evaluate various proposals for financial/operational collaboration with external parties for tie ups.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Coordinate with the IT Department on all software matters affecting checks, balances & controls

MIS and Reporting:

• Prepare timely and detailed reports on financial performance on a monthly, quarterly and annual basis.
  • Lead the financial MIS, Analytics & business intelligence.
• Identify, assess, and manage financial risks, ensuring the implementation of effective risk management strategies
• Evaluate and recommend capital structure decisions, including debt and other means of funding.
  • Ensure proper asset management including adequate insurance covers

Audits and compliances:

• Oversee all audit and internal controls of operations.
  • Handle statutory / internal / tax audits from time to time.
  • Ensure compliances with all statutory regulation and requirements including direct & indirect taxes such as GST / TDS/Income Tax and other applicable laws.
  • Ensure compliance with organizational policies.
  • Co-ordination with auditors to ensure appropriate monitoring of institution accounts is maintained.
  • Deal with Govt and other statutory authorities on all financial matters

People Management:

• Timely recruitment for the team.
  • Goal setting and defining the KRA.
  • Mentoring and coaching the team.
  • Performance Management.

Provide strong service partnership & business-alignment:

• Support business on all financial matters and strengthen the institution performance.

Qualification and Skills required:

Chartered Accountant and / or MBA (Finance) from IIM | ISB| FMS or premier institute with minimum 15 years’ experience in healthcare industry.

CFA qualifications will be added advantage

• Demonstrated leadership and people management abilities
• Strategic vision in healthcare business and finance
• Expertise in accounting, finance, compliance and healthcare operations
• Proven ability to meet deadlines and achieve desired outcomes in a fast-paced healthcare environment
• Excellent communication, analytical, and critical thinking skills
• Track record of achieving goals

How to Apply:

Interested candidates should submit their resume to career@nirankarihealthcity.org . Please mention the job title in subject of the email.

Last date for application: 15^th October 2024