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Financial Controller

MedNet Global Healthcare Solutions LLC

Posted on October 16, 2019

3 - 5 years Dubai - United Arab Emirates

Bachelor of Commerce(Commerce). Any Nationality

Opening 01

Job Description

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MedNet UAE is one of
the leading managed care service organizations that caters to healthcare
needs and offers financial protection against unforeseen health risks. We are currently looking for a Financial Controller who can plan,
manage and control the effective management of the Mednet Finance &
Accounting function.
Your Job
Lead the execution of month-end and year-end closing activities of
Mednet as per policies and procedures, maintain, and reconcile General Ledger
accounts ensuring quality and efficiency in the deliverables.
Oversee the day to day accounting processes, and effective management of
the payables, receivables and the chart of accounts ensuring that proper books
of accounts are maintained for effective financial control in accord with corporate
standards and local statutory requirements.
Issue reinsurance statements to insurance companies and HQ on monthly
and quarterly basis in order to provide information on premiums earned and
claims incurred and ensure adherence to reinsurance company policies and
corporate guidelines.
Create new standard operating procedures for the shared service centre
across all processes, clearly identifying key controls in the process.
Ensure monthly cashflow forecasts are updated for next three months with
intercompany balances settled on a timely basis and communicate surplus or
deficit funds to leadership team.
Supervise customer billing, credit clearance and collection procedures
to ensure adherence with established financial policies and support effective cash
flow management.
Motivate subordinates and identify opportunities for continuous
improvement of financial and accounting operations and systems, processes and
practices taking into account automation, international leading practices, improvement
of business processes, cost reduction and productivity improvement.
Ensure compliance to all relevant quality, health, safety and
environmental management procedures and controls across the department to
guarantee employee safety, compliance, delivery of high quality products/
service and a responsible environmental attitude.
Key decisions having significant impact on the Finance function are
referred to the Head of Finance for approval before implementation.
Knowledge of statutory and international financial management
Knowledge of accounting theory.
Understanding of cash management theory and techniques.
Experience of managing diverse cultures in a shared service centre
Ability to operate effectively with people at all levels of the
Achievement Orientation
Information Seeking
Problem Solving
Customer Focus
Bachelor s degree in Accounting or
Fully qualified accountant (CPA/CMA
or equivalent).
Minimum Experience:
5 years accounting & financial reporting experience in a financial
services organisation.
Experience of interacting with external auditors and representatives of
national/international financial institutions.
3-5 years managerial experience


Finance / Treasury


Financial Controller


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MedNet Global Healthcare Solutions LLC

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