job description position title: finance director department: finance reports to: chief executive officer (ceo) location: dubai, uae position overview: the finance director of healthcare will be responsible for overseeing all financial activities, ensuring the fiscal health of the organization, and supporting strategic decision-making. this role involves managing financial planning and analysis, budgeting, forecasting, financial reporting, and compliance with regulatory requirements specific to the healthcare industry. additionally, the finance director will act as a strategic advisor to the executive team, providing insights and recommendations to drive the organization's financial performance and sustainability. a strong understanding of diagnosis-related groups (drg) and the broader healthcare system is essential. the finance director will lead a team of finance professionals, fostering a collaborative and high-performance environment. key responsibilities: 1. financial strategy and planning: - develop and implement financial strategies to support the organization's goals and objectives. - oversee the preparation and management of annual budgets and forecasts. - conduct financial analysis and modeling to inform strategic planning and decision-making. - act as a strategic advisor to the executive team, providing financial insights and recommendations on key business decisions. 2. financial management and reporting: - ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements. - monitor financial performance against budget and forecasts, providing regular updates to the executive team. - oversee the management of cash flow, capital, and investments. 3. regulatory compliance and risk management: - ensure compliance with all financial regulations and standards, including healthcare-specific requirements. - manage internal and external audits and implement recommendations to improve financial controls. - identify and mitigate financial risks, ensuring the organization's financial stability. 4. operational efficiency:- implement and oversee financial systems and processes to improve efficiency and accuracy. - manage cost control initiatives and identify opportunities for cost savings. - collaborate with department heads to optimize resource allocation and financial performance. 5. team leadership and development: - lead, mentor, and develop the finance team to achieve departmental and organizational goals. - foster a collaborative and high-performance work environment. - promote continuous improvement and professional development within the team. 6. stakeholder engagement: - provide financial insights and recommendations to the executive team and board of directors. - build and maintain relationships with external stakeholders, including auditors, banks, and regulatory bodies. - communicate financial performance and strategic initiatives to internal and external stakeholders. qualifications: - bachelor's degree in finance, accounting, or related field; mba or cpa preferred. - minimum of 10 years of progressive experience in finance, with at least 5 years in a leadership role within the healthcare industry. - strong knowledge of healthcare finance, including revenue cycle management, reimbursement, and regulatory requirements. - proven ability to develop and implement financial strategies that support organizational goals. - excellent analytical, problem-solving, and decision-making skills. - strong leadership and team management abilities. - exceptional communication and interpersonal skills. - proficiency in financial software and systems, such as erp and ehr systems. - in-depth knowledge of diagnosis-related groups (drg) and the healthcare system is essential. key competencies: - strategic thinking - financial acumen - risk management - operational efficiency - leadership and team development - stakeholder management - communication skills - problem solving
Specialization: Accounting
Education Type: No data
Education: No data
Experience: 8- 10
Nationality: No data