Head, Risk

3 days ago


المملكة العربية السعودية, Saudi Arabia King Faisal Specialist Hospital and Research Centre Full time

Responsible to cultivate a culture of strong financial control and compliance throughout the Finance Department through assessment, documentation, testing and monitoring of financial controls.

**Essential Responsibilities and Duties**:

- Directs and manages the Department mandates and facilitating work processes in order to achieve performance standards.
- Ensures compliance with internal controls, policies and procedures and quality standards in the Risk & Financial Control Department.
- Responsible of verifying the vendor’s invoices with supporting documents to ensure the payment against the supplies/services received and as per the contract terms.
- Supervises the implementation of audit plans and direct the activities of the auditors.
- Establish a (Platform) to automate all financial transactions related to Risk & Financial Control in accordance with the applicable governance standards and in line with the General Organization’s strategies and goals.
- Oversees the development of risk control matrix (RCM) and self-assessment tools along with periodic review plan to assess the compliance of internal control for the finance departments.
- Ensures that SOPs, Policies and Procedures of various departments under finance department consist of required internal controls.
- Oversees risk control self-assessment pack result and resolve queries related to control weakness.
- Ensures awareness of the importance of internal controls to all staff of finance department.
- Oversees the process of various reconciliations performed by finance department to establish the accuracy of information flow between various systems.
- Actively participation in the management of change, with a visible expression of presence and attitude to change.
- Facilitates coalition between cross-functional and cross-business unit to drive alignment in achievement of the strategic and integrated vision of the hospital.
- Follows all Hospital related Policies and Procedures.
- Follows all Hospital related Policies and Procedures.
- Participates in self and others' education, training and development, as applicable.
- Performs other related duties as assigned.

**Education**:
Master’s or Bachelor’s Degree in Accounting or Finance or related discipline is required.

**Experience Required**:
Nine (9) years of related experience including four (4) years in a senior/ supervisorycapacity with Master’s, or elven (11) years with Bachelor’s Degree is required.

**Other Requirements(Certificates)**:
Other professional accounting qualification such as COSO Internal Control certification, Financial Risk Management, Certified Management Accountant (CMA) etc. is preferred.Saudi National only.


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