Jad Khayat, Chief Financial Officer

Jad Khayat

Chief Financial Officer

American University of Beirut Medical Center

Location
Lebanon
Education
Master's degree, Marketing
Experience
23 years, 6 Months

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Work Experience

Total years of experience :23 years, 6 Months

Chief Financial Officer at American University of Beirut Medical Center
  • Lebanon - Beirut
  • My current job since July 2020

Chief Financial Officer of the American University of Beirut Medical Center and Faculty of Medicine. AUBMC is a 365-bed hospital with over 300, 000 outpatient visits and over 15, 000 surgeries. Oversea the AUBMC Budget & Planning and Costing unit, which produces the annual capital and operational budgets and quarterly forecasts in addition to reviewing hospital costs to assist in updating pricing. The Comptroller’s office handles all the revenue entries and cashiering functions of the hospital. The Accounts Receivables department follows up on all the hospital and physician receivables and ensures collections are within acceptable time periods. The Patient Access unit oversees all the hospital admissions and follows-up on ensuring patients are paying their estimated bills during their stay. The Billing Department provides all the daily billing and patient stay estimates in addition ensure all charges are captured during the patients stay. Oversee the financial aspects of the Medical Practice Plan related to physicians and physician group practices.

Deputy Chief Financial Officer at American University of Beirut Medical Center
  • Lebanon - Beirut
  • October 2008 to June 2020

Asssited the Chief Financial Officer in running the financial operation of the American University of Beirut Medical Center and American University of Beirut Faculty of Medicine including Account Receivables, Billing and Budget & planning. Main units incharge off are Budgeting & planning and cost accounting units.

Acting Chief Financial Officer at American University of Beirut Medical Center
  • Lebanon - Beirut
  • February 2008 to September 2008

Oversaw the financial operation of the American University of Beirut Medical Center and American University of Beirut Faculty of Medicine including Account Receivables, Billing and Budget & planning units.

Cost Accountant at American university of Beirut Medical Center
  • Lebanon - Beirut
  • April 2006 to February 2008

In charge of applying cost account system and restructuring the entire pricing structure of hospital. Works with departments to develop feasibility studies as well as introducing new charge codes and determining their cost and price. Provides financial information to administration about costs for the different departmental, financial classes, physician and patient costs.

Budget Officer at American University of Beirut Medical Center
  • Lebanon - Beirut
  • September 2002 to March 2006

Responsible for the preparation of the hospital annual Operational & Capital budget and the preparation of quarterly forecasts. In-charge of the monthly financial and statistical report. Aid departments and provide them with monthly financial data and reports.

Trainee at Allied Business Bank
  • Lebanon - Beirut
  • July 2000 to August 2000

Had training in the following Departments

· Dealing Room, Foreign exchange
· Letter of credit department
· Daily Banking process

Co-Owner at Layyette Khayat
  • Lebanon
  • June 1997 to February 1999

I was responsible for the liquidation of present store inventory and payment of all payables back to suppliers. I also conducted the accounting for the store and searched for new possible business opportunities.

Education

Master's degree, Marketing
  • at American University of Beirut
  • February 2004
Bachelor's degree, Business Administration
  • at American University of Beirut
  • June 2001
High school or equivalent, High School
  • at Sir Winston Churchill Secondary School
  • June 1997

Specialties & Skills

Microsoft Word
Administration
Feasibility Studies
Preparation
Business Administration
MS Word, Excel, Powerpoint, IBM AS400, OBDC Data Base, Orcale financial system, SPSS
Cost Accounting Software system (Medlink)

Languages

English
Expert
Arabic
Intermediate

Memberships

American University of Beirut Finance club
  • President
  • February 2002

Hobbies

  • Watching Movies