Overview
Financial Analyst-Planning and Forecasting Jobs in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates at Sheikh Shakhbout Medical City – SSMC
Title: Financial Analyst-Planning and Forecasting
Company: Sheikh Shakhbout Medical City – SSMC
Location: Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
JOB DESCRIPTIONJob 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 c…
