شابير نادر

Asst General Manager Finance - Medcare Hospital
Reporting directly to the CFO and CEO of the group and also paralleling reporting to the executive Director of DM Healthcare group.
 Working with all the departments to streamline the process of all financial activities.
 Reviewing and reporting of Monthly MIS to the board . Presenting MIS in the monthly management meeting with details analysis of the financials and operational issues.
 Reviewing and presenting the Annual financial budget to the management.
 Monitoring and reviewing monthly revenue and Opex budgets and discussing the same with the operations
 Initiating cost reductions process with respect to consumables and process
 Reviewing and maintaining proper cash flow for the group.
 Preparing feasibility study for new equipment’s or new area of operations
 Preparing feasibility study for new units and giving complete insight of new projects to the management
 Working closely with the project team in order to complete each project as per time lines and within allocated budgets.
 Negotiating along with the materials purchase team for Capex purchase.
 Developed the SOP for the finance, purchases department.
 Created separate function of accounts payable, receivable and reporting
 Introduce various incentive scheme for improving the efficiency of the staff in receivable, claim submission and effective cash management.
 Reviewing the business results of the entire group.
 Introduce the risk management in the organization and created a separate department of Internal Audit and Risk management.
 Introduce new MIS reports which reflects the profitability of each department and also each specialty.
 Finalizing the packages for Doctors along with HR and management
 Team leader in managing the RCM and worked closely with Billing and coding department . Implemented CPT billing replacing the package billing with the help of insurance department.
 Preparing the presentation for the board meeting and presenting the MIS in the monthly board meeting

.Majid Al Futtaim Healthcare
Reporting directly to the Managing Director of MAFHC and CEO of the Majid Al Futtaim Ventures
 Managed the entire finance, treasury, risk and MIS including project accountings, yearly budgeting and quarterly forecast and yearly cash flows
 Finalized finance manual for the group
 Finalized ERP integration with the HIS system; migrated entire finance function from old ERP to new
 Finalized price list for the clinic; signed contracts with the major insurance companies
 Finalized five year business plan for the group
 Worked with central audit team for fit out and operational audit
 Worked with fraud and risk team to minimize internal and external risk by introducing several insurance policies; developed several internal controls in order to minimize fraud

 Responsible in the entire group finance, treasury, investment, legal, risk and MIS including monthly and yearly group budgets, cash flow, banking, and price negotiation with insurance and corporate companies.
 Handling business valuation, group expansion, external sources funding, suppliers and inventory.
 Formulating-implementing objectives, policies and procedures on financial management and accounting.
 Preparing budget plan for the group and presenting to management for approval.
 Administering preparation of monthly Profit & Loss accounts and balance including comparing of the same against Zulekha Health Care Group’s budget.
 Directing annual accounts finalization and audit; coordinating with internal and external auditors.
 In charge for reviewing all contracts entered by the group with third party - looking after the legal aspect.
 Supervising the Central Payroll System with a total strength of more than 1200 staff group wise.
 Overseeing cash collections, payments, and bank accounts such as received banking payments and on time disbursement of suppliers’ payments.
 Conducting contract evaluation with suppliers on supplies, payment conditions and discount system including periodic contract review with Insurance companies and making sure timely renewal of the same.
 Accountable in maintaining creditors’ accounts and updated positions of debtors accounts.
 In charge in submitting debtors’ monthly age wise analysis with explanatory statements for submission to management. Conferring with management to initiate quick action on irrevocable debts.
 Supervising and validating income and expenses of Zulekha Health Care Group regularly.
 Planning and implementing board members’ approved budget of Zulekha Health Care Group.
 Prepared financial feasibility studies for expansion projects across UAE and India. Instrumental in obtaining finance for the project worth USD 24 Million from the World Bank.