Senior Financial Analyst
2 weeks ago
A senior financial analyst is sought by Deka Minas (Pty) Ltd to oversee financial operations at our private hospital in Riyadh, Saudi Arabia. The primary focus of this role will be on cash flow management and ensuring overall compliance with state laws and regulations.
The successful candidate will play a crucial role in financial reporting, budgeting, and strategic decision-making to support the hospital's mission of delivering high-quality healthcare services.
Key Responsibilities:
- Manage the hospital's cash flow, including forecasting, monitoring, and optimizing cash reserves to meet operational needs and financial obligations.
- Ensure compliance with state laws, regulations, and financial reporting requirements, including tax filings, licensing, and statutory reporting.
- Prepare and analyze financial statements, reports, and budgets, providing insights and recommendations to support decision-making by senior management.
- Collaborate with departmental heads and finance teams to develop and monitor departmental budgets, ensuring alignment with organizational goals and financial targets.
- Conduct financial analysis and variance analysis to identify areas of improvement and implement cost-saving initiatives.
- Manage accounts receivable and accounts payable processes, optimizing cash conversion cycles and minimizing financial risks.
- Coordinate with external auditors and regulatory agencies for audits and compliance reviews, ensuring timely and accurate submission of financial documents and reports.
- Provide financial support and guidance to operational teams, assisting with financial planning, analysis, and performance monitoring.
- Stay abreast of industry trends, regulatory changes, and best practices in healthcare finance, implementing changes as necessary to maintain compliance and optimize financial performance.
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