Chairperson of cost department
King Fahad Medical City
مجموع سنوات الخبرة :8 years, 1 أشهر
- Leading the Privatization of the KFMC to join the Second Health Cluster.
Project manager for the cost per patient initiative in the second health cluster.
Responsible for the (PPM) system " Patient Level Information and Costing System ", in order to calculate
every single expense occurs to its minimum details.
Cluster Project manager and representative directly with PHAP "Health assurance and purchasing program" in the following products:
1) Carve-Out budget: Which is calculating all the budget actuals from 2017- 2020 to build it as a baseline historical data.
2) Shadow budgeting: which is reviewing and editing the new budget line items on a monthly basis in order to meet the actual needs of the cluster.
3) Structural Adjustment Grants (SAG): identifying cost drivers, applying KPIs and patient type, aimed to explicitly cover and support the gradual reduction of inefficiencies,
4) Working to achieve the 3 years' business plan where the cluster should be fully reporting to the "Health Holding Company".
Creating a new unified chart of accounts aligned with PHAP requirements.
Set the standards for what's considered direct, indirect or overhead cost aligned with the KSA cost standards.
Register all of KFMC's assets in order to apply depreciation, and make assumptions to assets that has no buying price by comparing them to a similar asset in other hospitals
Deep financial analysis in order to locate and track the cost Top to bottom.
Seek opportunities to improve the processes, through automation and collaboration within the cluster.
- Auditing each invoice on oracle payables.
- - Financial representative and analyst of national transformation program (2030)
- - Financial representative and analyst of the Wa'ad AL Shamal biggest industrial city .
- Fixing the Balance sheet for the year 2016, and 2017, the income statement and Balance sheet for 2017.
- -Adding a budget for projects, and transition of amounts between each project.
- -Comparing the actual budget and the forecasted.
- -Discussing and setting the needs and the reasons with each department's manager to decide the next year's
budget.
- -Transferring amounts from a clause and create a new budget.
- -Creating Statics for each industrial city.
- -Financial reports for year 2016 and year 2017 each quarters.
- -Accreditation of the Purchase orders, , and create an account number for the Oracle use.
- -Responsible for 35 industrial city's invoices auditing.
- -Bank reconciliations.
- -Fixing problems with the invoices, and contracts in Oracle Payables.
- -Financial representative for the projects Bid offers.
- -Assets management.
- -Bid offers financial analysis.
- Accreditation and auditing for each PO .
CME 1 certificate
The training was 7 months long, scheduled as below:
Introduction to the bank and its products and services.
Introduction to the Wholesale Banking (Corporate Banking) Department.
Rotation between Wholesale Banking Teams where I had more in-depth overview of roles and
responsibilities and cross-teams workflow.
Some entry level tasks and activities.