LifeSpring Hospitals Private Ltd. is an expanding chain of hospitals that provide high quality health care to lower-income women and children across Andhra Pradesh. LifeSpring's small hospitals (20-25 beds) fill the void of high quality maternal and child health care at affordable rates for India's lower income population. LifeSpring is a 50-50 equity partnership between Hindustan Latex (HLL), a mini Ratna enterprise under India's Ministry of Health and Family Welfare and the Acumen Fund, a U.S.-based nonprofit global venture philanthropy fund. For more information, please visit LifeSpring's website at: www.lifespringhospitals.com.
Job Description:
The Chief Financial Officer (CFO) is responsible for managing the financial unit of the company, and for being the chief financial spokesperson for LifeSpring Hospitals. He/She will report directly to the Chief Executive Officer (CEO) and assist on all strategic and tactical matters as they relate to budget management and cost benefit analysis.
Duties and Responsibilities:
- Work with the CEO on the company's vision and strategy, and participate in determining the cost effectiveness of prospective services.
- Provide ongoing advice and support needed for further strategy development and to help the company achieve its business objectives, from the perspective of financial sustainability.
- Manage the Finance department, including supervising staff and raising awareness and knowledge of financial management matters.
- Participate in developing new business, drafting of budgets, and ensure adequate cash flow to meet the organisation's needs. Foster and cultivate business opportunities and partnerships
- Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
- Oversee the design, implementation, and timely calculations of incentives and salaries for the staff. Assist in planning staff's professional growth plans, as well as in the development and negotiation of contracts.
Specifically, additional tasks may include:
- Overseeing the coordination of all financial reporting activities including all financial statements.
- Providing the CEO with an operating budget and cost analyses.
- Overseeing the coordination and activities of financial audits. Ensuring that audit noncompliances are resolved, and that preparation of the annual financial statements are in accordance with schedules.
- Monitoring the banking activities of the organization and managing the inventory of all fixed assets.
- Being responsible for assessing the company's business insurance plans and health care coverage.
Skills/Qualifications:
Strong candidates will have a knowledge of: generally accepted accounting principles, regulations and compliance requirements, and current trends and developments in the field.
Additionally, candidates will have a passionate commitment to LifeSpring's mission and values: integrity, customer satisfaction, courage, ownership, and respect. They will demonstrate leadership, management skills, an entrepreneurial spirit, and the ability to convert innovative ideas into complete processes.
Candidates should possess the following attributes:
- Strong financial skills and an appreciation for the data which will be required to make meaningful management decisions.
- A commitment to accuracy, and attention to detail and follow-through.
- The ability to diagnose and resolve financial problems
- Strong organizational skills and an understanding of how to manage and deliver projects in a timely manner.
- The ability to be successful in an entrepreneurial and fast-changing environment.
- A desire to build the skills of, and motivate, a team
A working knowledge of general office software, particularly the Microsoft Office Suite and use of databases will be expected.
EDUCATION AND EXPERIENCE
Certification of a Chartered Accountancy from an accredited college or university, or completion of a master's degree at an accredited college or university is required.
Eight to ten years of financial and management experience with the day-to-day financial operations of an organisation is preferred.
Additional Information:
- Periodic leadership development training
- Health / medical insurance
- Direct deposit for salary payments available upon request
- Generous policy of vacation days and paid-time-off (PTO)
Level/Salary Range: Commensurate upon experience
Applications Accepted through Email to: Tricia Morente at tricia@lifespring.in
Subject Line: CFO Job Opening
