Assistant Manager.Finance & Accounts.Aster Global Centre - India

Our Story: 

Aster DM Healthcare is one of the largest private healthcare service providers operating in the GCC, with a growing presence across six countries including the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Jordan. Guided by our brand promise “We’ll Treat You Well,” we are committed to delivering accessible, high-quality care rooted in compassion and clinical excellence. We are among the few integrated healthcare networks in the region with a strong presence across the continuum of care through fifteen hospitals, 122 clinics, and over 320 pharmacies. Our core strength lies in our 15,000+ dedicated employees who work together to create an environment where ideas are shared, support is valued, and successes are celebrated.

Job Title: Assistant Manager / Senior Finance Executive 

Role Summary

The incumbent will be responsible for managing end-to-end finance shared services operations, ensuring timely and accurate processing of accounting transactions, compliance with internal controls, achievement of service level agreements (SLAs), and continuous process improvement. The role will lead a team supporting multiple business units and act as a key liaison between finance, operations, procurement, and external stakeholders.

Key Responsibilities

Revenue Accounting & Receivables Management

• Oversee daily revenue accounting activities across retail stores, e-commerce channels, and other revenue streams.
• Ensure completeness and accuracy of sales recording, revenue recognition, and reconciliations.
• Monitor customer receivables, collection performance, and aging reports.
• Investigate and resolve revenue-related discrepancies and exceptions.
• Coordinate with operations and commercial teams to address billing and collection issues.
• Support period-end revenue reconciliations and reporting requirements.

VAT Compliance & Tax Support

• Support preparation and review of VAT returns in compliance with GCC VAT regulations.
• Perform periodic reconciliations between VAT filings and accounting records.
• Ensure completeness and accuracy of tax-related transactions.
• Maintain documentation required for tax audits and regulatory reviews.
• Coordinate with internal tax teams and external advisors on compliance matters.
• Monitor changes in tax regulations and support implementation of required process updates.

Record-to-Report (R2R) Operations

• Manage month-end and year-end closing activities within established timelines.
• Review journal entries, accruals, provisions, and adjustments prepared by the team.
• Ensure timely completion of balance sheet reconciliations and resolution of outstanding items.
• Maintain General Ledger integrity and compliance with accounting policies.
• Coordinate with auditors and support audit requirements.
• Ensure adherence to internal controls and accounting standards.

Financial Planning, Forecasting & Financial Modelling

• Support annual budgeting, quarterly forecasting, and long-range business planning processes.
• Develop and maintain detailed financial models to support revenue forecasting, cost planning, profitability analysis, and strategic decision-making.
• Perform monthly variance analysis comparing Actuals vs Budget, Forecast, and Prior Year performance, highlighting key business drivers and risks.
• Partner with business leaders to evaluate financial implications of operational initiatives and growth opportunities.

Finance Operations & Service Delivery

• Manage day-to-day finance shared services activities across assigned processes.
• Ensure service delivery performance meets agreed SLAs and KPIs.
• Monitor productivity, quality, and turnaround times.
• Identify operational risks and implement corrective actions.
• Support business continuity planning and operational resilience initiatives.
• Maintain process documentation and standard operating procedures.

Management Reporting & Performance Monitoring

• Prepare operational MIS reports and dashboards for management.
• Track key performance indicators including productivity, accuracy, aging, and SLA achievement.
• Analyze trends and identify opportunities for process optimization.
• Provide periodic updates on operational performance and improvement initiatives.
• Support budgeting and resource planning for shared services operations.

Team Leadership & Stakeholder Management

• Lead, coach, and develop a team of finance professionals.
• Conduct performance reviews and support employee development initiatives.
• Manage workload allocation and resource utilization.
• Foster a culture of accountability, customer service, and continuous improvement.
• Build strong relationships with business stakeholders and internal customers.
• Act as an escalation point for operational and service delivery issues.

Process Excellence & Continuous Improvement

• Identify automation and process enhancement opportunities.
• Support implementation of ERP and finance transformation initiatives.
• Drive standardization, simplification, and harmonization of processes.
• Participate in projects aimed at improving efficiency, controls, and service quality.
• Promote best practices across the shared services function.

Qualifications & Experience:

• Bachelor's degree in Accounting, Finance, Commerce, or related discipline.
• Professional qualification (ACCA, CPA, CA, CMA) preferred.
• 5–8 years of experience in finance operations, accounting, or shared services.
• Experience in retail, FMCG, healthcare retail, or multi-entity environments preferred.
• Strong knowledge of Accounts Payable, Accounts Receivable, General Ledger, and financial controls.
• Hands-on experience with ERP systems such as SAP, Oracle, Dynamics, or similar platforms.
• Advanced Excel and reporting skills.

Key Performance Indicators (KPIs)

• Month-end close completed within agreed timelines.
• SLA adherence across finance processes.
• Invoice processing turnaround time.
• Vendor payment accuracy and timeliness.
• Accounts receivable collection effectiveness.
• Balance sheet reconciliation completion rate.
• VAT filing accuracy and timeliness.
• Audit observations and control compliance.
• Productivity and quality metrics.
• Employee engagement and team performance