Senior Manager - Internal Control and Business Support

Sheikh Shakhbout Medical City; Abu Dhabi; On-site; AED 180,000 - 320,000; Full time

Job summary

Sheikh Shakhbout Medical City is seeking a Finance Specialist to prepare financial effect analyses, coordinate BI-enabled reporting, and strengthen internal controls. The role requires governance of ICFR and collaboration across departments on expansion and pricing strategies.

The ideal candidate will have CMA/CPA/ACCA/ACA/CA/CFA or equivalent certifications, 5–7 years in a similar role, and a background in healthcare finance. Bachelor's degree is required with a Master's preferred.

Qualifications

• 5-7 years of relevant progressive experience in a similar role.
• Desirable experience in a large healthcare facility.
• Required: Bachelor’s degree in Accounting/Finance/Commerce/Business Administration or relevant field.
• Specialist certifications CMA CPA ACCA ACA CA CFA or equivalent are required.

Responsibilities

• Leads 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.

Skills

Financial modeling

Management reporting

Education

Bachelor's degree in Accounting/Finance/Commerce/Business Administration

Master's degree preferred

CMA CPA ACCA ACA CA CFA or equivalent

Tools

Qlik Sense

BI reporting tools

Job description

Job holder is responsible for preparing financial effect analysis for expansion plans or for introduction of new services, coordinate automation of reporting needs using BI tools, administer the finance control matrix and accounting policies, and manage the internal controls framework and enterprise risk management policies.

Specialist Certifications

Specialist Certifications Required Recognized qualification such as CMA CPA ACCA ACA CA CFA or equivalent

Experience

• 5-7 years of relevant progressive experience in a similar role.
• Desired Experience in a large healthcare facility.

Responsibilities

• Leads 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

Accountabilities

• Ensures completeness and accuracy of reports and FEAs prepared.
• Completes the assigned tasks in a timely and reliable manner.

Education

• Required: Bachelor's degree or equivalent in Accounting/Finance/Commerce/ Business Administration or relevant field.
• Desired: Master's degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field.