Key Responsibilities:

1. Claims Processing and Resolution:

• Oversee end-to-end claims validation, approval, and settlement processes.

• Ensure claims related to stock returns, pricing errors, incentives, and disputes are

addressed efficiently.

• Implement strong reconciliation mechanisms to minimize financial losses and

discrepancies.

• Drive automation in claims processing using ERP (SAP, Oracle, Tally, etc.).

2. Stakeholder Coordination and Dispute Management:

• Collaborate with sales, supply chain, finance, and legal teams to ensure smooth

claim resolution.

• Address high-value disputes and critical escalations from distributors, hospitals, and

trade partners.

• Work closely with vendors and internal audit teams to improve claim validation

accuracy.

3. Reporting and Process Optimization:

• Monitor claims trends, aging analysis, and settlement TATs to identify process

gaps.

• Develop and present MIS reports on claims exposure, financial impact, and

outstanding liabilities.

• Implement cost-saving measures and improve working capital efficiency through

effective claim handling.

Key Skills and Competencies:

Expertise in Pharma Claims and Commercial Finance (Sales Returns, Trade Discounts,

Expiry & Damage Claims)

Strong Analytical and Problem-Solving Skills for resolving disputes and optimizing

claims processes

Proficiency in ERP and Finance Systems (SAP, Tally, Oracle, or similar)

Understanding of GST, TDS, and Pharma Regulatory Requirements

Leadership and Stakeholder Management to coordinate across multiple teams

Process Automation and Data-Driven Decision Making

Very Good Excel Skills

Role: Finance & Accounting - Other

Industry Type: Medical Services / Hospital

Department: Finance & Accounting

Employment Type: Full Time, Permanent

Role Category: Finance & Accounting - Other

Education

UG: Any Graduate

About company

Thyrocare Technologies Limited is Indias first fully automated diagnostic laboratory with a focus on providing quality at affordable costs to laboratories and hospitals. With a Centralized Processing

Laboratory in Mumbai, India for esoteric tests and Regional Processing laboratories in 8 major metro cities in India and other parts of Asia, we perform more than 200,000 clinical chemistry investigations on about 50,000 specimens every day. Thyrocare is Indias 1st private lab to be approved by ICMR for COVID-19 Testing.