South Africa: Chief Financial Officer – Medical Industry posted by Deka Minas (Pty) Ltd

About the Role

We are seeking an experienced Chief Financial Officer to join our team at a trusted and well-established Diamond Status Hospital in The Middle East. As CFO, you will oversee financial operations and play a crucial role in ensuring compliance with state laws and regulations.

Key Responsibilities

• Manage the accountants and financial staff as well as the hospital’s cash flow, including forecasting, monitoring, and optimizing cash reserves to meet operational needs and financial obligations.
• Ensure compliance with state laws, regulations, and financial reporting requirements, including tax filings, licensing, and statutory reporting.
• Prepare and analyze financial statements, reports, and budgets, providing insights and recommendations to support decision-making by senior management.
• Collaborate with departmental heads and finance teams to develop and monitor departmental budgets, ensuring alignment with organizational goals and financial targets.
• Conduct financial analysis and variance analysis to identify areas of improvement and implement cost-saving initiatives.
• Manage accounts receivable and accounts payable processes, optimizing cash conversion cycles and minimizing financial risks.
• Coordinate with external auditors and regulatory agencies for audits and compliance reviews, ensuring timely and accurate submission of financial documents and reports.
• Provide financial support and guidance to operational teams, assisting with financial planning, analysis, and performance monitoring.
• Stay abreast of industry trends, regulatory changes, and best practices in healthcare finance, implementing changes as necessary to maintain compliance and optimize financial performance.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification (e.g., CPA, CMA) preferred.
• Proven experience as a CFO or financial analyst, with a minimum of 5 years of experience in a healthcare or hospital setting.
• Strong knowledge of cash flow management principles, financial reporting standards, and state laws and regulations governing healthcare finance.
• Proficiency in financial analysis tools and software (e.g., Excel, SAP, ERP systems), with the ability to generate accurate and insightful financial reports.
• Excellent analytical skills, with the ability to interpret financial data, identify trends, and make data-driven recommendations.
• Detail-oriented with a focus on accuracy and precision in financial analysis and reporting.
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders.
• Ability to prioritize and manage multiple tasks simultaneously in a fast-paced environment.
• Strong problem-solving skills, with the ability to propose creative solutions to complex financial challenges.

Salary & Benefits

Salary details not specified.