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Head of Finance and Accounting

4 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia National Medical Care Company Full time

The primary purpose of this position is to manage the finance departments of each Business Unit and ensure that proper accounting and recording of company transactions are performed in an accurate and timely manner in compliance with policies and procedures.

Major Duties and Responsibilities (included but not limited to):

  • Implement appropriate processes and controls to ensure all transactions are recorded timely and accurately and in compliance with the policies and procedures of the Company.
  • Manage the monthly, quarterly and annual closing process.
  • Implement appropriate processes and controls to ensure financial reporting deadlines are adhered to.
  • Manage and oversee the taxation affairs of the Company and liaise with tax consultants.
  • Implement appropriate processes and controls to ensure compliance with taxation laws.
  • Prepare monthly 3-month cash flow forecasts.
  • Provide accurate financial data as and when required to enable the senior leadership team to make critical business decisions.
  • Manage the Company's banking and borrowing arrangements including compliance with covenants.
  • Manage and oversee the Company's financial systems.
  • Recruit, train, mentor and develop staff.
  • Oversee Accounts Payable, Accounts Receivable, Tax, Payroll, Financial and Management Accounting functions in all Business Units.
  • Manage and track budget and accounting information including billing, collections, and tax information.
  • Review all formal finance-related policies and procedures and ensure they are kept up to date.

Reporting to

CFO

  • Finance Managers of all Business Units
  • Chief Accountant in Head Office

Qualifications:

Education:

  • Master or Bachelor's Degree in Accounting or Finance required, or
  • Professional accounting certification e.g. CA, CPA, ACCA.

Experience:

  • Minimum 10 years accounting experience required.
  • Minimum 5 years of management experience required.
  • Experience in healthcare provider business office operations, especially billing and collections, preferred.

Knowledge, Skills & Abilities:

  • Technical Expertise – Some understanding of healthcare including knowledge of healthcare terms and accounts receivable processes.
  • Leadership - Guides individuals and groups toward desired outcomes, setting high performance standards and delivering leading quality services.
  • Tactical execution - Oversees the development, deployment and direction of complex programs and processes.
  • Financial management - Applies tools and processes to successfully manage to budget.
  • Organization - Proactively prioritizes needs and effectively manages resources.
  • Communication - Communicates clearly and concisely, verbally and in writing.
  • Customer orientation - Establishes and maintains long-term customer relationships, building trust and respect by consistently meeting and exceeding expectations.
  • Interpersonal skills - Able to work effectively with other employees, patients and external parties.
  • Policies & Procedures - Demonstrates knowledge and understanding of organizational policies, procedures and systems.
  • Basic skills - Demonstrates ability to organize, perform and track multiple tasks accurately in short timeframes, has ability to work quickly and accurately in a fast-paced environment while managing multiple demands, ability to work both independently and collaboratively as a team player, adaptability, analytical and problem-solving ability and attention to detail.
Seniority level

Director

Employment type

Full-time

Job function

Finance and Accounting/Auditing

Industries

Hospitals and Health Care, Financial Services, and Accounting

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