Finance Manager

Task-Wise Va Consultancy Inc.

Makati

On-site

PHP 2,946,376 - 4,124,926

Full time

14 days+
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Job summary

A healthcare consultancy firm is seeking a Finance Manager to oversee financial planning and analysis, capital expenditure management, and pricing strategy. The role involves optimizing working capital and negotiating contracts with insurance providers. Candidates should have a strong background in financial management within the healthcare sector. This position is based in Makati, Philippines.

Responsibilities

  • Develop long-term financial roadmap for the hospital.
  • Evaluate ROI for new wings and specialized clinics.
  • Analyze cost-to-serve for setting competitive rates.
  • Balance cash on hand for operational efficiency.
  • Review financial terms for sustainable reimbursement rates.

Job description

Core Responsibilities

The Finance Manager looks through the windshield, whereas accounting roles often look through the rearview mirror.

  • Financial Planning & Analysis (FP&A): Developing the long-term financial roadmap. This includes deciding if the hospital should purchase a new MRI machine or lease it based on projected patient volume.
  • Capital Expenditure (CapEx) Management: Evaluating the Return on Investment (ROI) for new wings, specialized clinics (e.g., a new Dialysis Center), or upgraded HIS (Hospital Information Systems).
  • Pricing Strategy: Analyzing the cost-to-serve for various procedures (e.g., an appendectomy) and setting competitive yet profitable rates for self-pay and HMO patients.
  • Working Capital Optimization: Balancing the cash on hand. This is critical in healthcare because hospitals must pay for supplies and staff immediately, even if PhilHealth or HMOs take 60–90 days to pay.
  • Contract Negotiation: Reviewing financial terms with HMOs and insurance providers to ensure the reimbursement rates are sustainable for the hospital's overhead.
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