Director of Finance – Ali Alghanim & Sons Group (Mechanical Engineering and Contracting Company [MECC]

The Director of Finance will oversee the hospital’s financial operations, ensuring accuracy in reporting, budget management, cost control, and compliance with healthcare financial regulations. This role plays a critical part in guiding financial strategy and ensuring the hospital maintains fiscal health while delivering excellent patient care.

Key Responsibilities:

Financial Management & Reporting 

□        Prepare monthly, quarterly, and annual financial reports in compliance with international accounting standards.

□        Lead the preparation and consolidation of budgets and forecasts. 

□        Monitor actual performance vs. budget and provide variance analysis. 

□        Ensure timely closing of accounts and maintain accurate general ledger.

Cost Control & Analysis 

□        Analyze hospital service costs, department-wise profitability, and recommend cost reduction strategies.

□        Monitor patient billing, insurance claims, collections, and revenue cycle processes. 

□        Supervise inventory valuation for medical supplies and pharmaceuticals.

Compliance & Risk Management 

□        Ensure adherence to healthcare regulatory requirements, tax laws, and audit standards. 

□        Liaise with internal and external auditors, ensure clean audits, and implement recommendations.

□        Maintain internal controls and ensure compliance with hospital policies and financial procedures.

Team Leadership 

□        Manage and mentor finance and accounting team members. 

□        Foster a culture of continuous improvement, professional development, and teamwork.

Strategic Support 

□        Support senior management with financial models, capital expenditure analysis, and ROI assessments.

□        Assist in decision-making for investments, expansions, or cost-intensive initiatives.

Job Details

Preferred Candidate

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