manager - finance - California, United States - New Mowasat Hospital

Description

Ensures that the Hospitals Accounting records are maintained in accordance with the generally accepted Accounting practices, Hospital Policies and the laws of Kuwait.

Receivable Management Controls the Hospital Receivables; ensures that the Receivables are timely realized, Rejections and Bad Debts are minimized and Cash Flow is improved.

Payable Management

• Controls the Accounts Payable and Payroll functions of the Hospital; ensures the timely & accurate payments to the Hospital Staff, Physicians, Vendors and other Stakeholders.

Asset Management

• Ensures that the Hospitals assets are accurately classified, transfers and disposals are recorded and Depreciations are adequately charged to the User departments.

Inventory Management

• Ensures that the Inventories are maintained at the Optimum level, Inventory costs are minimized and Inventory losses are eliminated.

Communicates internally and externally to carry out the duties of the job and the functions of the Finance department.
Ensures that the integrity of the Accounting Records are monitored regularly and maintained.

Manages the team under his supervision, conducts staff performance appraisals and meets the Accounting KPIs as set out by his/her direct supervisor.

Participates in the Hospitals Quality Improvement Programs and forums to enhance the Quality standards of the performance of the Department.

Financial Reporting

• Issues monthly Financial Statements and Financial Analytical Reports within the target dates set by the Hospital Management.

Management Accounts Issues the Periodical Management Accounts to all the department Heads, Variance Reporting, Budgets and Actual AnalysisCosting and Pricing Management Develops a system of Cost Accounting and Cost Reporting, to ensure that the Hospital Services are adequately priced to recover the Cost and reasonable MarginsEnsures that the Hospitals Accounting records are maintained in accordance with the generally accepted Accounting practices, Hospital Policies and the laws of Kuwait.

Receivable Management Controls the Hospital Receivables; ensures that the Receivables are timely realized, Rejections and Bad Debts are minimized and Cash Flow is improved.

Payable Management

• Controls the Accounts Payable and Payroll functions of the Hospital; ensures the timely & accurate payments to the Hospital Staff, Physicians, Vendors and other Stakeholders.

Asset Management

• Ensures that the Hospitals assets are accurately classified, transfers and disposals are recorded and Depreciations are adequately charged to the User departments.

Inventory Management

• Ensures that the Inventories are maintained at the Optimum level, Inventory costs are minimized and Inventory losses are eliminated.

Communicates internally and externally to carry out the duties of the job and the functions of the Finance department.
Ensures that the integrity of the Accounting Records are monitored regularly and maintained.

Manages the team under his supervision, conducts staff performance appraisals and meets the Accounting KPIs as set out by his/her direct supervisor.

Participates in the Hospitals Quality Improvement Programs and forums to enhance the Quality standards of the performance of the Department.

Financial & Management Reporting :
Financial Reporting

• Issues monthly Financial Statements and Financial Analytical Reports within the target dates set by the Hospital Management.

Management Accounts Issues the Periodical Management Accounts to all the department Heads, Variance Reporting, Budgets and Actual AnalysisCosting and Pricing Management Develops a system of Cost Accounting and Cost Reporting, to ensure that the Hospital Services are adequately priced to recover the Cost and reasonable MarginsPurchase & Pharmacy Function:

Member of Purchase / Pharmacy CommitteeNegotiates contracts with suppliers in co-ordination with the purchase / pharmacy committeeProvides cost benefit analyses to substantiate decisions in product selection.

Reviews the purchasing requests/ orders during the purchase / pharmacy committee meetings.
Directs the preparation and maintenance of department reports. Prepares periodic reports for Hospital Director and CFO as required.

Acts as an advisor/resource to the department with regard to supply, equipment and service needsGeneral Duties:

Ensures that the personnel training and education criteria are met in order to maintain professional accounting qualifications with the appropriate accounting body.

Communicates internally and externally as required to carry out the duties of the job and the functions of Accounting.
Provides on-going training and development to the subordinate staff.

Maintains the professional growth and development through seminars, workshops, and professional affiliations to keep abreast of latest trends in field of expertisePerforms any other Accounting / Finance related duties, which may be assigned by the Hospital Management from time to time.

KEY CONTACT INTERNAL:
Executive ManagementManagers/Head of departmentsVisiting/NMH Physicians & employees


EXTERNAL:
Insurance & Corporate companies.

Business/ Government RepresentativesSuppliers, Contractors & External auditorsJOB REQUIREMENTS Education :
Graduation or Post Graduation in Finance/Accounting from an accredited university.

Certification in Chartered Accountant (CA), Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) is an advantage.

Experience :
Preferably 10 years financial & accounting and management experience, including 5 years in a Hospital setting.
Experience with Accreditation Surveys (JCIA or CCHFA) and working in the GCC/Middle East is an advantage#J-18808-Ljbffr