Job Description
Job holder is responsible to assist in the preparation of financial effect analysis for expansion plans or for introduction of new services, assist in automation of reporting needs using BI tools, supports the finance control matrix and accounting policies, and assist in the internal controls framework and enterprise risk management policies.
Responsibilities
- Prepares the financial models for Financial Effect Analysis (FEA) by coordinating with relevant departments to obtain the required information
- Ensures that the Financial Effect Analysis (FEA) is aligned to the ongoing strategic priorities
- Prepares a variety of ad hoc reports as and when required by management to assist in management decision-making
- Prepares bottoms-up costing exercise to determine the cost of services rendered
- Supports discussions / negotiations with the Department of Health, Insurance companies and other stakeholders on the costing and pricing of existing and new services
- Prepares costing for the Research and Education division and pricing of projects and supports data driven price negotiations with sponsors and other stakeholders
- Supports supervisor on major expansion projects and tracks actual expenses against approved budget and reports back to the relevant workgroups and committees
- Assists cost optimization plans in co-ordination with other Supply Chain and other relevant stakeholders
- Assist supervisor in the preparation of various taskforces / committees (such as
Pharmaceutical brand selection taskforce, Tender evaluation committee etc.) and facilitate prudent financial decisions to maximize revenue and minimize cost
- Uses BI tools such as Qlik sense and also provides necessary feedback on system improvements
- Provides support to the supervisor on Revenue enhancement initiatives with RCM
- Assists in reviewing the financial and accounting policies for SSMC and have then updated on a periodic basis
- Coordinates and supports in monitoring a robust ICFR (Internal Control over Financial Reporting) framework of international standards and ensures controls have been adhered to and departures / control weakness reported
Accountabilities
- Ensures completeness and accuracy of reports and FEAs prepared
- Completes the assigned tasks in a timely and reliable manner
Qualifications
Experience :-
Required:
- 2-4 years of relevant progressive experience in a similar role
Desired:
- Experience in a large healthcare facility
Educational Qualification: Required:
- Bachelor's degree or equivalent in Accounting/Finance/Commerce/Economics/ Business Administration or relevant field.
Desired:
- Master's degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field
About Us
At SSMC, we firmly believe that the human touch is a fundamental part of care. We understand that health care is both an art and a science, running deeper than simply diagnosing and treating those who rely on us. Our SSMC Model of Care puts our patients at the forefront of our purpose and at the heart of everything we do, ensuring that the needs of our patients come first. Every one of our patients receives individualized attention from a multidisciplinary team of experts who collaborate closely to deliver trusted and compassionate care. From the very first point of contact with SSMC, to the moment patients are back home, we ensure speciality-specific care at every stage and in every interaction. As one of the largest tertiary hospitals in the UAE, SSMC provides access to specialist medical treatments and advanced diagnostics, with a commitment to becoming a Destination Medical Center in the UAE and wider region.
Organization
About Sheikh Shakhbout Medical City (SSMC)
SSMC is the largest tertiary hospital in the UAE and serves to elevate the provision of health care services in the nation under the mandate of the Abu Dhabi Economic Vision 2030.
Supported by the latest diagnostic and treatment modalities available, SSMC offers care in 44 specialties. A team of locally and internationally trained medical, clinical and admin professionals work seamlessly together, which promotes comprehensive interdisciplinary learning, allowing SSMC to become a leading hub for integrated patient-centric medical services in the region.
As the region's leading tertiary facility, SSMC has 742 patient beds, 18 operating theatres, and includes a hybrid operating room, 26-bed neonatal intensive care unit, and the UAE's largest pathology lab.
