Finance & Revenue Cycle Management Specialist (Saudi Arabia)

Eram Talent; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A specialized recruitment firm in Saudi Arabia is seeking a Finance & Revenue Cycle Management Specialist. This role involves ensuring effective financial management of the revenue cycle, analyzing financial data, optimizing revenue streams, and ensuring compliance with regulations. The ideal candidate should have experience in financial management and strong analytical skills. The position requires collaboration with various stakeholders to improve financial sustainability.

Qualifications

• Proven experience in financial management and revenue cycle optimization.
• Strong analytical skills with the ability to interpret financial data.
• Experience in collaborating with various stakeholders.

Responsibilities

• Review and validate invoices submitted for accuracy.
• Oversee the monthly insurance claim submission process.
• Provide regular financial performance reports to leadership.
• Monitor rejection rates and develop action plans for improvements.
• Support audits and compliance with financial regulations.

Skills

Financial analysis

Budget management

Compliance management

Communication

Insurance claim processing

Job description

Overview

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:
  • Review and validate all invoices submitted by the operator for accuracy and compliance.
  • Review and validate quotations for services and ensure alignment with agreed contractual terms.
  • Collaborate with Finance and KAUST leadership on budget adherence, forecasting, and expenditure control.
  • Lead the preparation, monitoring, and control of annual budgets in alignment with KAUST Health's strategic and operational goals.
  • Provide monthly financial analysis and variance reports with recommendations for corrective actions.
• Insurance & Revenue Cycle Management:
  • Oversee the monthly insurance claim submission process across all insurance companies.
  • Validate claim accuracy, completeness, and compliance with insurance requirements.
  • Monitor rejection rates and develop action plans to reduce claim 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.
• Reporting & Analysis:
  • Provide regular financial and insurance claim performance reports to senior leadership.
  • Track KPIs related to financial and revenue cycle performance.
  • Identify risks and opportunities for revenue optimization.
  • Work closely with the Head of Health, Operations Manager, and Finance department to ensure alignment of financial and operational objectives.
  • Support audits and ensure compliance with internal and external financial regulations.