Medical Finance Manager

Confidential; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Job summary

Confidential in Riyadh seeks a Finance Manager to oversee financial operations, strengthen controls, and support strategic decisions for hospital services.

Role requires leadership experience in hospital finance, IFRS proficiency, and strong knowledge of VAT/ZATCA, with English communication skills and professional certifications preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• Minimum 4 years of proven experience as a Finance Manager (Mandatory).
• Minimum 4 years of direct financial management experience in hospitals (Mandatory).
• Strong knowledge of hospital financial operations, healthcare revenue cycles, insurance receivables, and collections.

Responsibilities

• Lead and oversee all financial and accounting operations, ensuring accuracy, efficiency, and regulatory compliance.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS.
• Develop annual budgets, financial forecasts, and variance analysis reports.
• Manage cash flow, liquidity, financial planning, and cost optimization initiatives.
• Oversee accounts payable, accounts receivable, general ledger, and financial closing processes.
• Monitor hospital revenue cycle performance, including medical insurance receivables, collections, and financial reconciliations.

Skills

Leadership

Financial analysis

Communication

English proficiency

Problem-solving

Decision-making

Education

Bachelor's degree in Finance/Accounting

Tools

SAP S/4HANA

Job description

Job Summary

A leading healthcare organization in Riyadh is seeking a highly qualified and experienced Finance Manager to oversee financial operations, strengthen financial controls, optimize financial performance, and support strategic business decisions.

The ideal candidate must demonstrate proven leadership experience in financial management, along with a strong background in hospital financial operations.

Key Responsibilities

• Lead and oversee all financial and accounting operations, ensuring accuracy, efficiency, and regulatory compliance.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS).
• Develop annual budgets, financial forecasts, and variance analysis reports.
• Manage cash flow, liquidity, financial planning, and cost optimization initiatives.
• Oversee accounts payable, accounts receivable, general ledger, and financial closing processes.
• Monitor hospital revenue cycle performance, including medical insurance receivables, collections, and financial reconciliations.
• Analyze healthcare service costs, profitability, and financial performance indicators.
• Ensure compliance with Saudi financial regulations, VAT requirements, and ZATCA guidelines.
• Establish and maintain effective internal controls, financial policies, and risk management procedures.
• Coordinate with internal and external auditors to ensure compliance and timely audit completion.
• Lead, manage, and develop the finance and accounting team.
• Provide financial insights, performance reports, and strategic recommendations to senior management.

Qualifications & Requirements

• Bachelor's degree in Finance, Accounting, or a related field.
• Minimum 4 years of proven experience as a Finance Manager (Mandatory).
• Minimum 4 years of direct financial management experience in hospitals (Mandatory).
• Strong knowledge of hospital financial operations, healthcare revenue cycles, insurance receivables, and collections.
• Solid understanding of IFRS, Saudi financial regulations, VAT, and ZATCA requirements.
• Demonstrated expertise in financial planning, budgeting, forecasting, financial reporting, and cost management.
• Proficiency in ERP systems; experience with SAP S/4HANA is highly preferred.
• Strong leadership, analytical, problem-solving, and decision-making skills.
• Excellent communication skills and proficiency in English.
• Professional certifications such as SOCPA, CPA, CMA, or ACCA are highly preferred.

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