Finance Manager
Taiba Hospital
مجموع سنوات الخبرة :12 years, 5 أشهر
Tasks Handled:
• Plan, organize, direct, control and evaluate the operation of the accounting and finance department.
• Develop and implement the financial policies, systems and procedures.
• Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports.
• Co-ordinate the financial planning and budget process.
• Supervise the development and implementation of financial simulation models.
• Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department managers.
• Recruit, organize, train and manage staff.
• Notify and report to senior management concerning any trends that are critical to the organization's financial performance.
• Supervise and overlook all departmental activities and recommend operational enhancements to the FD/CFO.
• Lead team projects to develop the department operationally and strategically.
• Negotiate payment terms with key suppliers.
• Bank relationship management and negotiation to acquire funding and reduce funding costs.
• Liquidity management and monitoring.
• Undertake special projects that add value to the Hospital.
Accomplishments:
• Automated most processes within the department to reduce human error via manual input.
• Revised and automated the current concept of MIS to reflect a more realistic presentation of the performance of the departments within the hospital.
• Devised a new incentive scheme for hospital doctors to align interests and increase overall long term efficiency.
• Developed B2B partnerships through negotiating and closing deals to provide pre-employment medical examination services.
• Used banking products to increase efficiency within the department with regards petty cash and supplier payments and enhance patient access to medical services.
Tasks Handled:
• Plan, organize, direct, control and evaluate the operation of the accounting and finance department.
• Develop and implement the financial policies, systems and procedures.
• Prepare or co-ordinate the preparation of financial statements, summaries, and other cost-benefit analyses and financial management reports.
• Co-ordinate the financial planning and budget process.
• Supervise the development and implementation of financial simulation models.
• Evaluate financial reporting systems, accounting procedures and investment activities and make recommendations for changes to procedures, operating systems, budgets and other financial control functions to senior managers and other department managers.
• Recruit, organize, train and manage staff.
• Notify and report to senior management concerning any trends that are critical to the organization's financial performance.
• Supervise and overlook all departmental activities and recommend operational enhancements to the FD/CFO.
• Lead team projects to develop the department operationally and strategically.
• Negotiate payment terms with key suppliers.
• Bank relationship management and negotiation to acquire funding and reduce funding costs.
• Liquidity management and monitoring.
• Undertake special projects that add value to the Hospital.
Accomplishments:
• Automated most processes within the department to reduce human error via manual input.
• Revised and automated the current concept of MIS to reflect a more realistic presentation of the performance of the departments within the hospital.
• Devised a new incentive scheme for hospital doctors to align interests and increase overall long term efficiency.
• Developed B2B partnerships through negotiating and closing deals to provide pre-employment medical examination services.
• Used banking products to increase efficiency within the department with regards petty cash and supplier payments and enhance patient access to medical services.
Tasks Handled:
•Management of daily cash positions of bank accounts to ensure available required liquidity as per business transactions.
•Assist Management in acquiring financing by preparing a presentation package to be delivered to lenders and reviewing financing contracts.
•Reviewing, analyzing, due diligence and valuation of Investment proposals received and preparing recommendations to management and investment committee.
•Preparing a monthly investment report for management and CEO.
•Following up on existing investments and inquiring about deviations from the investment proposal’s targets.
•Building various business models and automating certain business processes to increase efficiency via Excel and VBA programming.
•Statistical Analysis of business related factors and their effect on the business.
Accomplishments:
•Learned how to create macros in MS excel within 30 days by reading an e-book about VBA excel power programming.
•Statistically analyzed the current market share as well as market penetration in accordance to the company’s main financial products.
•Created an excel budget application for the company in which management can input certain assumptions for future business and economic variables and receive a budget plan for the upcoming year and a forecast of up to five years which includes (A balance sheet, An income statement, and a cash flow of the business)
•Created an Investment follow-up system to keep up with current investments and comply with regulatory and internal auditing requirements.
•Statistically analyzed the company’s database of clients as to identify the payments behaviors of financed clients in relation to certain traits which might identify higher or lower risk clients as per those traits.
•Developed an automated, more efficient, employee incentives system decreasing human error as incentives were done manually.
Tasks Handled:
•Daily Analysis of Micro and Macro Economic events and their effects on the FX market.
•Technical analysis of FX charts as well as placing relevant strategies.
•Giving regular advice to clients on trading opportunities and risk management.
Accomplishments:
•Developed the research department’s newsletter from an obsolete daily email system into an advanced online newsletter with live, up to the minute, updates in response to daily market conditions and economic events