About this role
Job holder is responsible for preparing financial effect analysis for expansion plans or for introduction of new services, co-ordinate automation of reporting needs using BI tools, administering the finance control matrix and accounting policies, and managing the internal controls framework and enterprise risk management policies.
• Leads the financial modeling process for Financial Effect Analysis (FEA) by coordinating with relevant departments to obtain the required information. • Ensures that the Financial Effect Analysis (FEA) are aligned to the ongoing strategic priorities. • Produces a variety of ad hoc reports as and when required by management to assist in management decision-making. • Assists in conducting bottoms-up costing exercise to determine cost of services rendered. • Facilitates and supports discussions / negotiations with Department of Health, • Insurance companies and other stakeholders on costing and pricing of existing and new services • Assists the Research and Education division in costing and pricing of projects and facilitate data driven price negotiations with sponsors and other stakeholders • Acts as primary finance point of contact on major expansion projects and tracks actual expenses against approved budget and reports back to the relevant workgroups and
committees. • Initiates, develops and tracks cost optimization plans in co-ordination with other Supply Chain and other relevant stakeholders • Collaborates and be an active member of taskforces / committees (such as Pharmaceutical brand selection taskforce, Tender evaluation committee etc.) and facilitate prudent financial decisions to maximize revenue and minimize cost • Develops, automates and maintains reports using BI tools such as Qlik sense and also provides necessary training to end uses on these reports • Manages to work closely with RCM team on Revenue enhancement initiatives • Oversees the financial and accounting policies for SSMC and have then updated on periodic basis • Manages and monitors a robust ICFR (Internal Control over Financial Reporting) framework of international standards and ensures controls have been adhered to and departures / control weakness reported • Manages to keep abreast of tax changes in the local environment and assess the potential impact of these changes on SSMC • Assists in implementation, Manages the maintenance and updating of the Financial accounting systems in order to keep pace with organizational changes and make recommendations on replacements where required. • Maintains regulatory requirements including licensure and certification and other mandatory training within established time frames
Accountabilities
Ensures completeness and accuracy of reports and FEAs prepared
Completes the assigned tasks in a timely and reliable manner
Role-Specific Job Responsibilities
• Liaises with the relevant stakeholders on costing and pricing of services
Provide training to team members of BI tools.
Required:
Bachelor's degree or equivalent in Accounting/Finance/Commerce/ Business Administration
or relevant field
Desired:
Master's degree or equivalent in Accounting/Finance/Commerce/Business Administration or
relevant field.
Specialist Certifications:
Required:
Recognized qualification such as CMA,CPA,ACCA,ACA,CA,CFA or equivalent
Desired:
N.A.
Experience:
Required:
5-7 years of relevant progressive experience in a similar role
Desired:
Experience in a large healthcare facility