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Vice President - Finance/ Chief Financial Officer

10.00 to 15.00 Years   Riyadh, Saudi Arabia   26 Jun, 2023
Future Careers Middle East Freezone LLC
1 Jobs Openings
Job LocationRiyadh, Saudi Arabia
EducationMaster's degree
SalaryNot Mentioned
IndustryOther Healthcare Services
Functional AreaNot Mentioned

Job Description

On behalf of our client, a Fortune 500? company we are hiring Vice President, Finance/Chief Financial Officer.Based in Riyadh, Saudi Arabia you will be responsible for the development, interpretation, coordination, and administration of policies on finance, accounting, insurance, information technology, patient financial services, health information management, internal control and auditing, reimbursement, operations, and systems engineering, and materials management. ESSENTIAL DUTIES AND RESPONSIBILITIESThe following duties and responsibilities generally reflect the expectations of this position but are not intended to be all-inclusive.

  • Participate in strategic planning in concert with the organization?s mission and values that contribute toward maintaining our growing market share, reimbursement, maximization, and cost containment including productivity improvement.
  • Contribute to objectives to monitor and improve resource consumption, length of stay in relation to diagnostic assignment, and the provision of quality care at a reasonable cost.
  • Review interpret, analyze, and communicate financial information and reports to the board of trustees.
  • Evaluate planned and existing programs as they relate to profitability, marginal efficiency, and reimbursement.
  • Keep abreast of federal regulations, congressional actions and deliberations, and state and local activities influencing the fiscal management of the organization.
  • Notify the CEO about changing conditions in areas of assigned responsibilities; carries out other responsibilities and projects as requested by the president.
  • Develop a detailed budget, ensure regular communication with department heads regarding budget variance, and recommend/implement opportunities to more efficiently utilize resources and maintain a lean cost structure.
  • Assume a leadership role in communicating financial results to corporate
  • Develop/identify creative ways to better leverage the economies of scale and synergies with the central operations.
  • Develop an analytical function within finance to aid both field and centralized operations in proactively determining issues and opportunities.
  • Provide leadership to functional management and staff.
  • Ensure roles/responsibilities and performance measures of success are established and clearly communicated.
  • Work closely with Leadership and Strategy team to analyze the economics associated with developing new service lines and business models.
  • Interact closely with the government liaison to ensure their reimbursement lobbying initiatives set and its customers up for the best, most fair financial success.
  • Work on selecting strategic opportunities as they develop.

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