Medical Finance Manager

Location: Riyadh, Saudi Arabia Employment Type: Full-Time | On-Site Company: Confidential – Healthcare Sector Job Summary A leading healthcare organization in Riyadh is seeking a highly qualified and experienced Finance Manager to oversee financial operations, strengthen financial controls, optimize financial performance, and support strategic business decisions. The ideal candidate must demonstrate proven leadership experience in financial management, along with a strong background in hospital financial operations. Key Responsibilities • Lead and oversee all financial and accounting operations, ensuring accuracy, efficiency, and regulatory compliance. • Prepare and review monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS). • Develop annual budgets, financial forecasts, and variance analysis reports. • Manage cash flow, liquidity, financial planning, and cost optimization initiatives. • Oversee accounts payable, accounts receivable, general ledger, and financial closing processes. • Monitor hospital revenue cycle performance, including medical insurance receivables, collections, and financial reconciliations. • Analyze healthcare service costs, profitability, and financial performance indicators. • Ensure compliance with Saudi financial regulations, VAT requirements, and ZATCA guidelines. • Establish and maintain effective internal controls, financial policies, and risk management procedures. • Coordinate with internal and external auditors to ensure compliance and timely audit completion. • Lead, manage, and develop the finance and accounting team. • Provide financial insights, performance reports, and strategic recommendations to senior management. Qualifications & Requirements • Bachelor's degree in Finance, Accounting, or a related field. • Minimum 4 years of proven experience as a Finance Manager (Mandatory). • Minimum 4 years of direct financial management experience in hospitals (Mandatory). • Strong knowledge of hospital financial operations, healthcare revenue cycles, insurance receivables, and collections. • Solid understanding of IFRS, Saudi financial regulations, VAT, and ZATCA requirements. • Demonstrated expertise in financial planning, budgeting, forecasting, financial reporting, and cost management. • Proficiency in ERP systems; experience with SAP S/4HANA is highly preferred. • Strong leadership, analytical, problem-solving, and decision-making skills. • Excellent communication skills and proficiency in English. • Professional certifications such as SOCPA, CPA, CMA, or ACCA are highly preferred. #FinanceManager #ConfidentialHiring #HospitalFinance #HealthcareFinance #RiyadhJobs #FinanceLeadership #Hiring Show more Show less

Bachelor's degree in Finance, Accounting, or a related field. Minimum 4 years of proven experience as a Finance Manager (Mandatory). Minimum 4 years of direct financial management experience in hospitals (Mandatory). Strong knowledge of hospital financial operations, healthcare revenue cycles, insurance receivables, and collections. Solid understanding of IFRS, Saudi financial regulations, VAT, and ZATCA requirements. Demonstrated expertise in financial planning, budgeting, forecasting, financial reporting, and cost management. Proficiency in ERP systems; experience with SAP S/4HANA is highly preferred. Strong leadership, analytical, problem-solving, and decision-making skills. Excellent communication skills and proficiency in English. Professional certifications such as SOCPA, CPA, CMA, or ACCA are highly preferred.

Lead and oversee all financial and accounting operations, ensuring accuracy, efficiency, and regulatory compliance. Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS. Develop annual budgets, financial forecasts, and variance analysis reports. Manage cash flow, liquidity, financial planning, and cost optimization initiatives. Oversee accounts payable, accounts receivable, general ledger, and financial closing processes. Monitor hospital revenue cycle performance, including medical insurance receivables, collections, and financial reconciliations. Analyze healthcare service costs, profitability, and financial performance indicators. Ensure compliance with Saudi financial regulations, VAT requirements, and ZATCA guidelines. Establish and maintain effective internal controls, financial policies, and risk management procedures. Coordinate with internal and external auditors to ensure compliance and timely audit completion. Lead, manage, and develop the finance and accounting team. Provide financial insights, performance reports, and strategic recommendations to senior management.