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Group Financial Director

American Hospital Dubai
Dubai, UAE
Full Time
Director
Onsite
3 days ago
Financial PlanningBudgetingInternal ControlsIFRSGAAPVAT Compliance
Free

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Position Summary

  • Provides executive leadership and strategic oversight of the hospital's financial operations, ensuring integrity, efficiency, and alignment with organisational objectives.
  • Directs financial planning, budgeting, internal controls, and reporting, while safeguarding compliance with UAE regulations, international accounting standards, and JCI requirements.
  • Partners with hospital executives and department heads to drive profitability, optimise resources, manage financial risks, and support the hospital's growth strategy.

Duties and Responsibilities

  • Leads the implementation of accounting policies, procedures, and internal controls to ensure financial integrity.
  • Supports the CFO in shaping remuneration, incentive, and financial strategies to enhance organisational performance.
  • Oversees the preparation of annual operating and capital budgets, financial projections, and long term strategic planning.
  • Provides financial insights and recommendations to guide executive decision making and profitability improvement.
  • Manages working capital, including accounts receivable, accounts payable, inventory, and cash flow.
  • Oversees banking relationships, treasury management, and cash flow forecasting.
  • Reviews and approves Profit & Loss accounts, balance sheets, financial ratios, and cost volume profit analyses.
  • Ensures accurate and timely payroll processing and general ledger postings.
  • Oversees the hospital's Fixed Asset Register and depreciation policies.
  • Ensures compliance with UAE financial regulations, IFRS, VAT, and hospital policies.
  • Oversees Wage Protection System (WPS), End of Service Benefits (EOSB), and GPSSA pension contributions.
  • Drives departmental compliance with JCI standards and audit readiness.

Qualifications & Skills

  • Bachelor's Degree in Finance, Commerce, or related field.
  • Chartered Accountant (CA), Certified Public Accountant (CPA), or equivalent professional certification.
  • Master's Degree in Finance, Accounting, or Business Administration preferred.

Professional Experience

  • Minimum ten to twelve (10 12) years of progressive experience in Finance, with at least five (5) years in senior leadership roles, preferably within the healthcare industry.
  • Knowledge of IFRS, GAAP, and healthcare accounting standards.
  • Knowledge of revenue cycle management, CAPEX/OPEX budgeting, and healthcare service pricing.
  • Knowledge of UAE regulations, including WPS, EOSB, GPSSA pensions, VAT, and labour laws.
  • Knowledge of internal control frameworks, audit processes, and financial risk management practices.
  • Knowledge of ERP and hospital financial systems (e.g., Oracle Cerner, Lawson).
  • Knowledge of insurance, treasury, and financial risk management policies.
  • Skills in financial analysis, forecasting, and strategic planning.
  • Skills in leadership and development of senior and mid level finance staff.
  • Skills in negotiation and stakeholder management with suppliers, auditors, and regulators.
  • Skills in ERP/BI systems optimisation, dashboard development, and process automation.
  • Skills in problem solving and executive level decision making.

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