Finance & Revenue Cycle Management Specialist (Saudi Arabia)

Eram Talent; Jeddah; In loco; SAR 260.000 - 420.000; Tempo pieno

Descrizione del lavoro

Eram Talent is seeking a Finance & Revenue Cycle Management Specialist in Saudi Arabia to oversee the organization’s revenue cycle, validate invoices and quotations, and ensure compliance across providers and insurers. You will coordinate with operators, insurers, and internal finance teams to optimize cash flow and financial sustainability.

The role requires strong expertise in financial analysis, budgeting, and reporting, with a background in healthcare finance and insurance claim processes.

Competenze

• Bachelor's degree in Finance or Accounting required.
• Master's degree preferred.
• CPA or CMA certifications are advantageous.
• Minimum 6 years of experience with at least 3 years in a lead role in healthcare finance.

Mansioni

• Review and validate all invoices submitted by the operator for accuracy and compliance.
• Review and validate quotations for services and ensure alignment with contractual terms.
• Collaborate with Finance and KAUST leadership on budgets, forecasting, and expenditure control.
• Lead the preparation, monitoring, and control of annual budgets in alignment with KAUST Health's goals.
• Provide monthly financial analysis and variance reports with recommendations for corrective actions.
• Oversee the monthly insurance claim submission process across all insurance companies.
• Validate claim accuracy and compliance with insurance requirements.
• Monitor rejection rates and develop action plans to reduce denials and improve collection timelines.
• Lead reconciliation meetings with the operator and insurers to resolve discrepancies.
• Ensure transparency and accountability in claim and payment processes.
• Track KPIs related to financial and revenue cycle performance.
• Support audits and ensure compliance with regulations.

Conoscenze

Financial analysis

Budgeting

Reporting

Insurance claims

Reconciliation

Leadership experience

Healthcare finance

Formazione

Bachelor's degree in Finance or Accounting

Master's degree in Finance

CPA/CMA certifications

Descrizione del lavoro

Eram Talent is searching for a Finance & Revenue Cycle Management Specialist to join our team in Saudi Arabia. This role is essential in ensuring the effective financial management of the organization's revenue cycle processes. The specialist will be responsible for analyzing financial data, optimizing revenue streams, and ensuring compliance with financial regulations and policies. This role is crucial in ensuring the accurate, timely, and transparent validation of invoices, quotations, and insurance claims across all providers and insurers. The position requires close coordination with the operator, insurers, and internal finance teams to ensure compliance, reduce rejections, and improve financial sustainability.

Responsibilities

Financial Oversight:

1. Review and validate all invoices submitted by the operator for accuracy and compliance.
2. Review and validate quotations for services and ensure alignment with agreed contractual terms.
3. Collaborate with Finance and KAUST leadership on budget adherence, forecasting, and expenditure control.
4. Lead the preparation, monitoring, and control of annual budgets in alignment with KAUST Health's strategic and operational goals.
5. Provide monthly financial analysis and variance reports with recommendations for corrective actions.

Insurance & Revenue Cycle Management:

1. Oversee the monthly insurance claim submission process across all insurance companies.
2. Validate claim accuracy, completion, and compliance with insurance requirements.
3. Monitor rejection rates and develop action plans to reduce claim denials and improve collection timelines.
4. Lead reconciliation meetings with the operator and insurers to resolve discrepancies.
5. Ensure transparency and accountability in claim and payment processes.

Reporting & Analysis:

1. Provide regular financial and insurance claim performance reports to senior leadership.
2. Track KPIs related to financial and revenue cycle performance.
3. identify risks and opportunities for revenue optimization.
4. Work closely with the Head of Health, Operations Manager, and Finance department to ensure alignment of financial and operational objectives.
5. Support audits and ensure compliance with internal and external financial regulations.

• Bachelor’s degree (required) in Finance or Accounting (preferred).
• Master’s degree in Finance (preferred).
• Professional certifications (e.g., CPA, CMA) are an advantage.
• Minimum 6 years of experience, with at least 3 years in a lead role.
• Proven experience in the healthcare sector finance, insurance, or revenue cycle management.
• Strong background in financial analysis, budgeting, and reporting.
• Hands-on experience with insurance claim processes, validation, and reconciliation.
• Demonstrated experience in preparing, managing, and monitoring budgets within a healthcare environment.