Job Description

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