SANDEEP KUMAR
Dubai
Summary
Highly skilled and detail-oriented finance manager with over 10 years of experience in financial planning, analysis, and reporting in the healthcare industry. Demonstrated success in managing budgets, optimizing financial performance, and ensuring regulatory compliance in hospital settings. Proven ability to develop cost-saving strategies, improve operational efficiency, and collaborate with cross-functional teams to achieve financial goals.
Overview
11
11
years of professional experience
Work History
Unit Finance Head
Medeor 24x7 Hospital LLC & LLH Medical Centers
10.2022 - Current
- Manage and oversee the hospital's accounting department, including the preparation of financial statements, payroll, and revenue analysis
- Consistently monitoring of revenue channel mix and optimization
- Managed financial reporting, planning, performance, and risk management
- Driving the project for reduction of direct cost by 2 to 3% with the existing level of cost
- Overseeing the cashflow requirement & Management
- Developed and implemented organization's budgetary controls, leading to 10% reduction in expenses
- Led the organization's financial reporting and forecasting, resulting in an increase in financial accuracy
- Created financial dashboards to provide insights into key performance indicators
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities
- Analyzed business processes to identify cost savings and operational efficiencies
- Overseeing the RCM department for billing TAT, submission TAT, insurance rejection and reconciliation
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports
Regional Business Analyst
Burjeel Holdings
09.2021 - 09.2022
- Generated and analyzed regional revenue flash reports to monitor daily revenue performance and key performance indicator(KPIs).
- Evaluated doctor's performance and provided actionable recommendations to enhance revenue and patient count.
- Prepared asset utilization reports to measure the performance of high value assets installed across hospitals.
- Developed and monitored the Annual Operating Plan(AOP) and delivered variance reports to stakeholders regularly.
- Managed monthly Management Information System(MIS) reporting for unit and regional levels, ensuring data accuracy and relevance.
- Prepared department wise P&L statements using activity based costing to asses financials performance effectively.
Deputy Manager
Global Health Private Limited(Medanta Hospital)
04.2019 - 09.2021
- Developed revenue and performance dashboards for senior management, enabling better decision-making and tracking of key metrics such as doctor payouts and patient conversion rates
- Played a critical role in group contract negotiations for medical supplies, resulting in favorable pricing and long-term cost savings
- Supported senior leadership with performance reports, advising on operational improvements that enhanced business outcomes
- Managed the accurate allocation of costs to cost centers, ensuring the profitability of each department
- Ensured timely and accurate completion of cost audits as per statutory guidelines
Deputy Manager
Crystal Crop Protection Private Limited
10.2017 - 03.2019
- Prepared and validated monthly contribution sheets, improving profitability by analyzing budget variances and identifying areas for improvement
- Prepare the monthly costing sheet for fixing prices for export, institutional and retail customer
- Led the preparation of stock valuations, pricing for export and institutional customers, and performance analysis, contributing to efficient resource allocation
- Create weekly performance reports, analyzing and interpreting data to improve day-to-day business operations
- Supported senior leadership with performance reports advising on operational improvements that enhanced business outcomes
- Managed budgeting activities including forecasting expenses and monitoring expenditure
Assistant Manager
BLK Super Specialty Hospital
09.2015 - 09.2017
- Activity based service cost allocation & analysis for each patient treated in the hospital
- Assist in hospital SOC revision & introduction of new services
- Prepared and validated monthly contribution sheets, improving profitability by analyzing budget variances and identifying areas for improvement
- Supported senior leadership with performance reports advising on operational improvements that enhanced business outcomes
Account Executive
Somic ZF Components Private Limited
06.2014 - 08.2015
- Maintained the integrity of financial records and ensured the accuracy of the general ledger, handling transactions related to cash, credit, and assets
- Prepared annual operating budgets for review by senior management and board members
- Prepared profitability analysis reports for each product launch
Education
Cost & Management Accountancy -
Institute of Cost Accountant of India
12.2013
Bachelor of Commerce -
Delhi University
07.2009
Skills
- Strategic and financial planning
- Budget forecasting
- Cost control and reduction
- Statutory Reporting
- Regulatory Compliance
- Financial Modeling
- Resource Allocation
- ERP Systems (SAP, Navision & Oracle)
- Revenue Cycle Optimization
Personal Information
- Date of Birth: 03/04/88
- Nationality: Indian
Timeline
Unit Finance Head
Medeor 24x7 Hospital LLC & LLH Medical Centers
10.2022 - Current
Regional Business Analyst
Burjeel Holdings
09.2021 - 09.2022
Deputy Manager
Global Health Private Limited(Medanta Hospital)
04.2019 - 09.2021
Deputy Manager
Crystal Crop Protection Private Limited
10.2017 - 03.2019
Assistant Manager
BLK Super Specialty Hospital
09.2015 - 09.2017
Account Executive
Somic ZF Components Private Limited
06.2014 - 08.2015
Bachelor of Commerce -
Delhi University
Cost & Management Accountancy -
Institute of Cost Accountant of India
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