Finance Manager

NMC HealthcareDubai, United Arab Emirates

Develop and maintain financial record keeping and reporting systems.

Accountable for day-to-day operations of the Finance Department.

Responsible for coordination in preparation of budgets for the Facility, budgetary controls and variance analysis by individual departments and organization as a whole.

Responsible for General Ledger analysis and review of expenses, maintenance and updating of General Ledger including review of journal entries passed by functional staff handling various responsibilities in the department.

Supervise billing, receivables, payables, cash receipts, cash disbursements, and general ledger functions.

Ensure monthly accrual entries have been holding adequate amounts of provision in relation to provisions for EOSB, Leave Salary, Airfare, Water & Electricity, Telephones, Service Contracts and other outstanding liabilities. Also monitor and ensure pension payments for the UAE nationals on a monthly basis.

Supervise monthly invoices to the clients with the accounts receivable executive.

Responsible for formation and implementation of cost control measures and procedures in coordination with the VP – Operations (CS) . Formation of new reports to enable control procedures.

Responsible for monitoring consumption through individual revenue generating doctors and budgetary check and report excess/performance to the VP – Operations (CS) from time to time.

Supervise Reports for review of performance of individual doctors / departments on a timely basis.

Monitor and follow-up on receivables that have been outstanding for unusually long periods of time.

Produce monthly financial statements including balance sheet, profit/loss statements, and accumulative general ledger using a computer-based accounting system.

Contribute and coordinate in project costing/appraisals for future projects.

Review reconciliations to ensure that they are prepared properly and follow-up on any unusual items.

Monitor cash flow and investments on a monthly basis.

Responsible for preparation of monthly and periodical management accounts.

Oversee in conjunction with independent auditor, preparation of annual audit.

Reconcile bank and investment accounts and prepares related journal entries.

Exercise good judgment and maintain confidentiality in maintaining confidential information, records and reports.

Effectively and consistently communicates to administrative personnel and encourage interactive departmental meetings and discussions.