linkedin
Revenue Management Specialist - RCM
JAL International Co. Ltd.
Jeddah, KSA
Contract
Senior
2 weeks ago
Financial AnalysisRevenue Cycle ManagementInsurance Claims ProcessingBudgetingFinancial ReportingMicrosoft Excel
Free
Job Fit Check
Base Career helps you apply smarter for this job.
?%
Ready to ScanKey skills for this role
Financial AnalysisRevenue Cycle ManagementInsurance Claims Processing
About the Role
JAL International Co. Ltd. seeks a Finance & Revenue Cycle Management Specialist to oversee financial, collection, and insurance claim activities in a healthcare environment.
Key Skills for This Role
Financial AnalysisRevenue Cycle ManagementInsurance Claims ProcessingBudgetingFinancial ReportingMicrosoft Excel
Responsibilities
- Review and validate all invoices submitted by service providers for accuracy, completeness, and contractual compliance
- Oversee the monthly insurance claim submission process across multiple insurance providers
- Validate claim accuracy, completeness, and compliance with insurer requirements
- Monitor claim rejection rates and implement corrective action plans to reduce denials
- Lead reconciliation meetings with insurers and service providers to resolve payment discrepancies
- Prepare monthly financial analysis and variance reports, including recommendations for corrective actions
- Ensure timely collection and reconciliation of accrued revenue and accounts payable
- Monitor CAPEX and OPEX allocation to ensure projects are executed within approved budgets
- Prepare and present financial and insurance performance reports to senior management
- Serve as primary point of contact for financial and insurance related matters with insurers and service providers
Requirements
- Bachelor's Degree in Finance, Accounting, or related field
- Minimum 6 years of relevant experience
- At least 3 years in a lead or supervisory role
- Proven experience in healthcare finance, insurance operations, or revenue cycle management
- Strong experience in budgeting, financial planning, forecasting, and financial reporting
- Hands on experience with insurance claims processing, validation, reconciliation, and collections
- Advanced Microsoft Excel skills including Pivot Tables, VLOOKUP/XLOOKUP, Advanced Formulas, Financial Modeling, Data Analysis and Reporting
- Strong analytical and financial management skills
- High attention to detail
- Strong negotiation, communication, and stakeholder management skills
Full Job Posting
Position Summary
- The Finance & Revenue Cycle Management (RCM) Specialist will oversee and manage all financial, collection, and insurance claim activities within a healthcare environment.
- This role is responsible for ensuring accurate, timely, and transparent validation of invoices, submissions, payments, collections, quotations, and insurance claims across healthcare providers and insurers.
Key Responsibilities
- Review and validate all invoices submitted by service providers for accuracy, completeness, and contractual compliance.
- Review and validate quotations for services and ensure alignment with approved contractual terms.
- Collaborate with Finance and leadership teams on budget adherence, forecasting, and expenditure control.
- Lead the preparation, monitoring, and management of annual budgets in alignment with organizational strategic and operational goals.
- Prepare monthly financial analysis and variance reports, including recommendations for corrective actions.
- Ensure timely submission and processing of work completion certificates, invoices, and related financial documentation.
- Provide regular updates on operational financial status, including CAPEX, OPEX, contractor payments, insurance payments, governance related expenditures, and accreditation related costs.
- Ensure timely collection and reconciliation of accrued revenue and accounts payable.
- Monitor CAPEX and OPEX allocation to ensure projects and procurement activities are executed within approved budgets and timelines.
- Oversee the monthly insurance claim submission process across multiple insurance providers.
- Validate claim accuracy, completeness, and compliance with insurer requirements.
- Monitor claim rejection rates and implement corrective action plans to reduce denials and improve reimbursement timelines.
Reporting & Analysis
- Prepare and present financial and insurance performance reports to senior management.
- Track and monitor key performance indicators (KPIs) related to finance, revenue cycle management, and collections.
- Identify risks, inefficiencies, and opportunities for revenue optimization and cost control.
- Support decision making through financial modeling, forecasting, and data driven analysis.
Leadership & Stakeholder Management
- Serve as the primary point of contact for financial and insurance related matters with insurers and service providers.
- Work closely with healthcare operations, finance, and leadership teams to align financial and operational objectives.
- Facilitate collaboration among internal and external stakeholders to improve financial performance and revenue cycle efficiency.
- Support internal and external audits and ensure compliance with financial policies, procedures, and regulatory requirements.
Qualifications
- Bachelor's Degree in Finance, Accounting, or a related field (required).
- Master's Degree in Finance, Accounting, Business Administration, or related discipline (preferred).
- Professional certifications: CPA, CMA, ACCA, or CIMA (preferred).
- Minimum 6 years of relevant experience.
- At least 3 years in a lead or supervisory role.
- Proven experience in healthcare finance, insurance operations, or revenue cycle management.
- Strong experience in budgeting, financial planning, forecasting, and financial reporting.
- Hands on experience with insurance claims processing, validation, reconciliation, and collections.
- Demonstrated experience managing healthcare related budgets and financial controls.
Required Competencies
- Strong analytical and financial management skills.
- Advanced knowledge of healthcare insurance claims and revenue cycle processes.
- High attention to detail with the ability to identify errors, discrepancies, and financial risks.
- Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, Advanced Formulas, Financial Modeling, Data Analysis and Reporting.
- Strong negotiation, communication, and stakeholder management skills.
- Ability to work effectively with cross functional teams, service providers, and insurance companies.
- Strong problem solving and decision making capabilities.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at JAL International Co. Ltd.
Coral Husbandry Technician Supervisor
Jeddah, KSA
MidContract
JAL International seeks a Coral Husbandry Technician Supervisor for a field-based role in Jeddah. The role involves implementing coral restoration techniques, managing nursery operations, and supervising a team. Requires
3 weeks agoView →
Systems & Digital Operations Specialist
Jeddah, KSA
EntryContract
JAL International seeks a Systems & Digital Operations Specialist to administer and support core school platforms, user devices, and classroom technology. The role involves managing user accounts, device lifecycle, AV sy
3 weeks agoView →