Financial Analyst - Clinical Costing - Black Pearl

Job Information

Date Opened

05/24/2023

Job Type

Full time

Industry

Health Care

City

Dammam

Country

Saudi Arabia

Zip/Postal Code

31433

Number of Positions

1

Job Description

An exciting opportunity has come up with a renowned and prestigious hospital in KSA for Financial analysts with Clinical Costing Experience.

If you are considering this job opportunity, you will be :-

• Budget and business plan:
• Assist with the development, implementation and monitoring of the budget and business plan
• Manage the preparation of budget templates and tools to be used by budget preparers
• Manage and co-ordinate the budgeting and business plan communication within the FP&A team
• Review OPEX and CAPEX submissions and determine any relevant adjustments that need to be made
• Assist in the preparation of the consolidated budget and its synchronization with the business plan
• Support the Finance Department in seeking budget approval
• Management reporting:
• Determine and review management reporting requirements including required key metrics on a regular basis
• Manage the data collection and production of the management dashboard, cost, and manpower variance analysis
• Lead analysis of produced management reports and provide insights into any relevant variances and drivers
• Ensure dissemination of management reports across selected C-Suite and other stakeholders
• Cost accounting:
• Assist with the defining of cost center structure including direct and indirect cost center designation
• Oversee the development of cost allocation drivers to ensure the effective allocation of indirect costs
• Provide cost center and category schedules with allocated costs to support Revenue Cycle Management in preparation of the fee schedule
• Software development:
• Identify and specify software solutions requirements to enable and support effective budgeting, business planning, management reporting and cost accounting
• Policies and procedures:
• Establish and coordinate the frame of policies and procedures for managing the budgeting process and cost accounting
• Coordinate and oversee the preparation and maintenance of financial policies and procedures based on best practices applicable to the healthcare industry
• Other responsibilities:
• Institute regular projection and rolling forecast rhythm to provide more precise results estimation and enable the business take timely corrective actions if required
• Coordinate preparation of feasibility studies related to new business ventures and participate in the due diligence process of larger acquisitions
• Assist in the development Finance Department project plans and manage project team activities to achieve given targets
• Solicit customer feedback to improve service, respond to requests for service and assistance and implement process improvements as necessary
  
  

Requirements

To be considered for this role, you need to meet the following criteria:

Experience

Minimum 10 years relevant experience (experience in the Healthcare industry preferred).

Education :

• Bachelor’s Degree in Finance, Accounting, or equivalent
• Masters of Science preferred
  
  

Should have experience in Healthcare industry and Clinical costing experience.

Work days - 5 days a week.

Work Location - Eastern Province of Saudi Arabia.

To view other vacancies we have, please check our website ( confidential ) and follow us on our social media accounts - LinkedIn / Facebook / Twitter / Instagram

Disclaimer: Black Pearl will never ask for money or any form to charge our candidates just to process or consider their application for any of our available vacancies. If you happen to receive such a request from any members of our staff or other individuals claiming to be part of Black Pearl, please do call our office at +9712 622 55 03 or drop us a message on our website - confidential

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