Internal Control and Business Support, Senior Manager
Sheikh Shakhbout Medical City - SSMC · Abu Dhabi Emirate, United Arab Emirates
Apply & track with Apply EdgeAbout the RoleJob holder is responsible for preparing financial effect analysis for expansion plans or for introduction of new services, co-ordinate automation of reporting needs using BI tools, administering the finance control matrix and accounting policies, and managing the internal controls framework and enterprise risk management policies.ResponsibilitiesLeads the financial modeling process for Financial Effect Analysis (FEA) by coordinating with relevant departments to obtain the required information.Ensures that the Financial Effect Analysis (FEA) are aligned to the ongoing strategic priorities.Produces a variety of ad hoc reports as and when required by management to assist in management decision-making.Assists in conducting bottoms-up costing exercise to determine cost of services rendered.Facilitates and supports discussions / negotiations with Department of Health, Insurance companies and other stakeholders on costing and pricing of existing and new services.Assists the Research and Education division in costing and pricing of projects and facilitate data driven price negotiations with sponsors and other stakeholders.Acts as primary finance point of contact on major expansion projects and tracks actual expenses against approved budget and reports back to the relevant workgroups and committees.Initiates, develops and tracks cost optimization plans in co-ordination with other Supply Chain and other relevant stakeholders.Collaborates and be an active member of taskforces / committees (such as Pharmaceutical brand selection taskforce, Tender evaluation committee etc.) and facilitate prudent financial decisions to maximize revenue and minimize cost.Develops, automates and maintains reports using BI tools such as Qlik sense and also provides necessary training to end uses on these reports.Manages to work closely with RCM team on Revenue enhancement initiatives.Oversees the financial and accounting policies for SSMC and have then updated on periodic basis.Manages and monitors a robust ICFR (Internal Control over Financial Reporting) framework of international standards and ensures controls have been adhered to and departures / control weakness reported.Manages to keep abreast of tax changes in the local environment and assess the potential impact of these changes on SSMC.Assists in implementation, Manages the maintenance and updating of the Financial accounting systems in order to keep pace with organizational changes and make recommendations on replacements where required.Maintains regulatory requirements including licensure and certification and other mandatory training within established time frames.AccountabilitiesEnsures completeness and accuracy of reports and FEAs prepared.Completes the assigned tasks in a timely and reliable manner.Role-Specific Job ResponsibilitiesLiaises with the relevant stakeholders on costing and pricing of services.Provide training to team members of BI tools.QualificationsRequired Bachelor's degree or equivalent in Accounting/Finance/Commerce/ Business Administration or relevant fieldDesired Master's degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field.Required SkillsRecognized qualification such as CMA, CPA, ACCA, ACA, CA, CFA or equivalent.5-7 years of relevant progressive experience in a similar role.Preferred SkillsExperience in a large healthcare facility.