Entero Healthcare - Head - Finance & Accounts - CA

Entero Healthcare Solutions

About us : Did you know that India has 8 Lakh+ chemists, more than 60k+ distributors and still more than 30% of prescriptions go unfulfilled or partially fulfilled in our country every day.

We at Entero has been trying to change that by building a robust tech driven supply chain which helps chemists in stocking better and improving the prescription fill rates. We have scaled up from zero to 4000 Cr annual revenue (Actual Revenues, Not GMV) in last 5 years, we are a trusted supply chain partner to more than 84k+ chemists and 3400+ hospitals across 495+ districts as on today. We are also healthcare supply chain partner for more than 1900 healthcare companies both MNCs and Indian.

Best Part, We are a profitable company (Yes Net profit positive, not contribution margin or order level positive). We understand the need for high growth rates and hunt for it, but basic metrics of doing everything with a sharp eye on profitability is what makes us unique.

You can visit our website: www.enterohealthcare.com

We are looking for Head - Finance & Accounts position with one of our Manufacturing entities in Chennai.

We need a qualified CA for one of our manufacturing entities in Chennai, who is in the age group of 35 to 40 years, with around 10 years post-qualification experience in leading Finance and Accounts function.

Relevant Experience either in medical devices or in imports or in manufacturing will be an added advantage.

Detailed JD:

1. Accounting:

- Prepare the daily bank reconciliation into ERP as per cross verification with bank statement online.

- To maintain the petty cash as well book the expenses in ERP system.

- Monitoring the record of purchase, sale, and expenses into ERP system.

- To co-ordinate with Bank manager for any kind of bank related matter etc. To make the vendor as well as employees reimburse payment by online.

- Handling accounting operations, including A/ R, A/ P To make monthly report / MIS / Cash flow statement and report to Corporate Finance.

- To ensure timely compliance with monthly statutory compliances.

- Prepare audit data and audit schedules for Statutory and Internal audits.

- Reconcile intercompany accounts monthly.

2. Business Finance:

- Preparation of monthly MIS, cashflow and KPI reports.

- Analyse Gross margin at Product / Customer level and identify margin improvement opportunities.

- Review inventory holding on a weekly basis to identify shortage / excess inventory in the system, highlight and suggest appropriate action plan to unit management/ corporate.

- Review and improve purchasing process to eliminate holding of excess inventory while at the same time ensuring there is no loss of sales due to stock outs.

- Prepare MIS on pending claims and follow up with claims department to ensure timely recovery of claims.

- Monitor receivables daily to ensure overdue are restricted to less than 10% of the total receivables.

- Follow up with Sales / Business teams on a weekly basis for recovery plans to recover overdue receivables.

- Plan cashflow requirements on a weekly basis and always monitor fund availability.

3. Taxation:

- Timely and accurate filing of monthly and annual GST returns.

- Calculation of TDS and payment of the same within due date.

- Regularly reconcile financial data with data as per GST portal, identify differences and take appropriate action for correcting the same.

- Support annual filing of Income Tax returns.

- Preparation of data for assessments.

Subin P Kurian
HRBP - South 2
Entero Healthcare Solutions Ltd