Kapil Kumar

Achievement-Driven Accounts Expert with a strong record of contributions in Finance & Accounts right from designing & implementing financial systems to facilitate enhanced financial controls, targeting assignments in Finance & Accounts, Auditing and Taxation with organization of high repute.

Finance

Professional more than two decades of experience in Managing Hospital Finance & Accounts, Proven expertise in hospital budgeting, revenue cycle management, cost control, MIS reporting, and audit compliance. Managed financial operations for 200 beds multi-specialty hospital with revenue of ₹150 Cr. Skilled in ERP, Tally, SAP, and Improved EBITDA margins from 10% to 24% within two years through cost optimization and occupancy growth.

GM Finance & Accounts - Aarvy Hospitals - Sector-90 Gurgaon

(2024-10)

AGM Finance & Accounts - Kailash Group of Hospitals - Noida

(2023-09 - 2024-09)

AGM Finance - Marengo Asia Hospitals - Sector-56 Gurgaon

(2013-11 - 2023-08)

Growth Path: Nov'13-Mar'17 as Manager Finance &

• Accounts, Apr'17-Mar'21 as Sr.

Manager

Finance &

• Accounts, Apr'21-Aug'23 as AGM Finance &

• Accounts. Acting as In-charge of Accounts Department &

• Billing leading a team more than 10 members. Leading management reporting, financial control & compliance and conducting analysis of debtors & creditors. Skilled in furnishing financial performance/MIS reports to facilitate decision making process related to management of profitability & cost of production by ARPOB analysis, Occupancy Analysis and Costing per bed. Experienced at piloting ageing analysis of accounts payables & receivables to record debtors/creditors pattern. Pivotal in ensuring timely deposit and filing of returns such as GST &

• TDS based on provisions of relevant enactments. Excellence in evaluating profitability, effectively managed inflow /outflow of funds to ensure optimum utilization for accomplishment of organizational goals. Resourceful at maintaining relationship with the clients to achieve quality service norms by resolving their service related critical issues. Skilled in furnishing Internal Control like Department wise Pharmacy Cost analysis.

• Day-to-day accounting, billing, book keeping, payroll operations
• All vendor payments, coordinating with vendors for price negotiation
• Ensuring compliance for all statutory requirement including accounting standards and other mandatory requirements
• Administering timely collection of funds from receivables
• Preparing and performing analysis of monthly MIS & budget with management
• Statutory & internal audits and getting it completed without any adverse comments
• Annual accounts closing and preparing financial results
• Statutory compliance for EPF & ESI
• Making sure all statutory compliance for Direct Tax (TDS, & GST,) Advance Tax, PF & ESI and issuing Form-16 & 16A
• Directing monthly closer of books, creating MIS and managing financial accounting till finalization of financials
• Dealing with Internal Auditors and Statutory Auditors and taking care of ledger scrutiny on a regular basis
• Successfully managed EPCG License for Saving Custom Duty more than 01 Cr on Import the Medical Equipment and take the benefit of SEIS more than 01 Cr Annually against International business
• Successfully saved more than approx. INR 50 Lakhs by way of interest by tight & efficient internal audit control on utilization of funds
• Implemented cost reductions through the elimination of wasteful expenses, improvement in process efficiencies and formal budgeting practices saving INR 50 Lakhs annually
• Prepared & presented weekly & monthly management reports on cost & benefit analysis, productivity analysis, inventory turnover analysis & cost variance analysis
• Accurately processed more 8-9 Crores payments per month and provided a variety of financial reports
• Appreciation letter received from CEO of the Company for excellent performance in Due Diligence, Valuations, Slump Sale and Share Transfer during merger and acquisition of W Pratiksha Hospital in FY'2023

Team Leader Accounts - Artemis Hospitals - Sector-51 Gurgaon

(2009-01 - 2013-10)

Led a team of 5 members and managed smooth function of the accounts payable and taxation. Managed debtor's reconciliations monthly & fortnightly reporting for debtors ageing in regards to Debtors. Conducted analysis and reviewed age-wise debtors for all long outstanding balances and follow–up. Administered Revenue reconciliations on a daily basis and customer reconciliations on a weekly basis.

• Doctor's pay-out and issued the cheques for the same on a monthly basis
• Customer refund cheques on a daily basis and controlled month-end activities for the Finance Department
• Directed project accounting and created project expenditure statements
• Led Direct Tax (TDS, Service Tax,) & Indirect Tax (CST & VAT)
• Material and Inventory accounting including Payables Management
• Created salary and managed issuance of Form 16 & 16A and deduction of TDS and their deposit & return
• Employee of Quarter received in Artemis Hospital Gurgaon in FY'2012
• Five years' completion Certificate Received in Artemis Hospital Gurgaon

Senior Executive- Finance & Accounts - Star Alubuild Pvt Ltd. - Gurgaon

(2004-05 - 2008-12)

• Day-to-day accounting
• Daily book keeping
• Payroll operations
• Vendor payments
• Vendor reconciliation
• Bank reconciliation
• Support for Statutory Audit

M.Com. - Commerce - M.J.P. Rohilkhand (2013)

B.Com. - Commerce - M.J.P. Rohilkhand (2004)