Job Purpose
responsible for overseeing accounting operations, ensuring accurate financial reporting, and maintaining compliance with regulatory and internal financial standards. The role supports the CFO Office in managing financial integrity, strengthening internal controls, and ensuring alignment with Saudi regulations, ZATCA requirements, and IFRS standards, within a healthcare environment.
Roles and Responsibilities
Organizational Accountabilities:
- Ensuring accuracy, completeness, and timeliness of financial records and reports
- Maintaining compliance with IFRS, ZATCA, VAT, and Saudi financial regulations
- Strengthening internal controls and financial governance frameworks
- Supporting financial transparency and audit readiness
- Aligning accounting practices across the organization
- Contributing to financial stability and operational efficiency
Functional Accountabilities:
Financial Reporting & Closing
- Oversee monthly, quarterly, and annual financial closing processes
- Ensure preparation of financial statements in compliance with IFRS
- Review journal entries, accruals, provisions, and adjustments
- Ensure timely and accurate reporting to CFO and executive management
General Ledger & Accounting Operations
- Manage general ledger activities and ensure proper account reconciliations
- Oversee accounts payable, accounts receivable, and fixed assets accounting
- Ensure accurate classification and recording of financial transactions
VAT & ZATCA Compliance
- Ensure compliance with ZATCA VAT regulations and e-invoicing requirements
- Oversee VAT calculations, filings, and reconciliations
- Support ZATCA audits and ensure readiness for inspections
Internal Controls & Governance
- Implement and monitor financial controls and approval processes
- Ensure adherence to financial policies and delegation of authority
- Identify control gaps and recommend improvements
Healthcare Financial Coordination
- Support accounting related to revenue cycle, insurance claims, and reimbursements
- Ensure reconciliation between billing systems and financial records
- Coordinate with revenue cycle and operations for financial alignment
Audit & Compliance Support
- Lead preparation for internal and external audits
- Ensure availability of financial documentation and audit trails
- Address audit findings and implement corrective actions
Team Management & Development
- Supervise accounting team and ensure efficient task execution
- Provide coaching, training, and performance management
- Promote knowledge sharing and process consistency
Process Improvement & Systems
- Identify opportunities to enhance accounting processes and automation
- Support ERP system improvements (SAP, Oracle, etc.)
- Ensure data accuracy and system integrity
Job Qualifications and Requirements
Knowledge and Experience
- 8–12 years of experience in accounting or finance
- At least 3–5 years in a managerial role
- Experience within healthcare sector or regulated environment preferred
- Strong knowledge of IFRS, Saudi accounting standards, and VAT regulations
- Experience in financial reporting, audits, and compliance
- Familiarity with ERP systems (SAP, Oracle, Microsoft Dynamics)
- Understanding of healthcare revenue cycle and reimbursement processes
Education and Certifications
- Bachelor's degree in Accounting, Finance, or related field
- SOCPA / CPA / ACCA / CMA (Preferred)
- IFRS certification (Preferred)
- ZATCA / VAT compliance training (Preferred)
Skills
- Strong financial reporting and accounting expertise
- Knowledge of Saudi financial regulations and compliance
- Leadership and team management skills
- High attention to detail and accuracy
- Analytical and problem-solving skills
- ERP system proficiency
- Strong communication and stakeholder management
- Professional judgment and confidentiality
