Job Description
Responsible for overseeing, developing and completing the management reports and the production of a variety of ad hoc reports and checks for accuracy and compliance with management requirements, reconciling and forecasting internal accounts, supervising and overseeing the duties carried out by the Financial Analyst to ensure that work produced is accurate and timely by establishing necessary financial and control systems. Also responsible for liaising closely with the stakeholders and information providers to ensure requirements are met and maintains beneficial relationships with staff in external organizations to share data that will aid financial analysis and reporting.
Responsibilities
- Supervising the formulation and maintenance of the department’s/section’s finance and accounting policies and procedures manual to ensure policies and procedures are current.
- Ensuring policies and procedures changes are documented and implemented by concerned subordinates and constantly reviewed and updated.
- Overseeing developing and completing the accuracy of month-end management reports
- Analyzing financial data and relevant information and interpreting data for the purpose of determining past financial performance.
- Overseeing the production of a variety of ad hoc reports as and when required by Management covering areas such as budget information, data comparison and benchmarking information and checks for accuracy and compliance with Management requirements.
- Planning and conducting complex studies to determine cost of business activities.
- Recommending budget adjustments and cost improvement measurements
- Analyzing complex statistical and financial data and relevant information; interpreting data to project a financial probability.
- Developing financial reports for forecasting, trending and results analysis.
- Establishing and overseeing financial and control systems and procedures.
- Supervising the analysis of obtained information and reviews all work prior to submission to management to check reports for accuracy and good presentation.
- Working with the Financial Analyst when required to acquire financial and quantitative information, using various internal and external sources to ensure timely submission of such data to Management
- Supervising the duties assigned to the Financial Analyst.
- Providing work direction and ensures that work produced and submitted to the management is accurate and within established timeframes.
- Establishing and maintaining a mutually beneficial relationship with similar level staff in related external organisations.
- Working to develop and maintain an appropriate mechanism for sharing data, to aid financial analysis and reporting.
- Working closely with budgeting section on matter related to budget and collection of required information for financial analysis and reporting purposes.
- Liaising closely with the management and finance in order to discuss reporting requests and findings to ensure that management requirements are fully and accurately met.
- Promoting a service oriented attitude in addressing employee queries effectively.
- Maintaining collaborative and effective relationship with other key management personnel and keeping abreast of significant economic, social and technical trends, and regulatory guidelines, which may influence assigned functions.
- Answering employees queries and concerns during their service at the facility Planning and supervising the day to day activities of the department/section; streamlining processes wherever possible.
- Evaluating workload, conducting performance evaluation and initiating necessary disciplinary actions.
- Providing on the job training and orienting the team during course of work.
Qualifications
- Bachelor's degree or equivalent in Business Administration/Accounting/Finance/Commerce or relevant field OR Diploma in relevant field with 3 years of additional experience.
- 4-6 years of relevant experience in a similar role
- Proficiency in English language
- MS Office and computer proficiency
- Strong analytical and problem-solving skills
- Ability to meet goals and deadlines
- Good communication skills
Desired
- Master's degree or equivalent in Business Administration/Accounting/Finance/Commerce or relevant field
- Recognized accountancy qualification such as CMA,CPA,ACCA,ACA,CA,CFA or equivalent
- Experience in a large healthcare facility
- Proficiency in Arabic language
- Ability to deal with multiple issues simultaneously (multitask) and move them all towards resolution