Financial Cost Controller

Kuwait City
Permanent
Full-time

1 month ago

The Financial Cost Controller plays a pivotal role in the financial management of a medical hospital, ensuring that all financial operations align with the institution's goals. This position is responsible for monitoring and controlling costs, analyzing financial data, and providing insights that support decision-making processes. The ideal candidate will have a strong background in finance, accounting, and healthcare management, allowing them to effectively manage the hospital's budget and financial resources.Responsibilities: * Monitor and analyze hospital expenses to ensure compliance with budgetary constraints.

Prepare detailed financial reports and forecasts for management review.
Conduct variance analysis to identify discrepancies between budgeted and actual costs.
Collaborate with department heads to develop cost-effective strategies for resource allocation.
Implement and maintain financial controls to safeguard the hospital’s assets.
Assist in the preparation of annual budgets and financial plans.
Evaluate the financial impact of proposed projects and initiatives.
Provide training and support to staff regarding financial policies and procedures.
Ensure compliance with relevant financial regulations and standards.
Participate in audits and assist external auditors as required.

Preferred Candidate: * Strong analytical and problem-solving skills.

Excellent communication and interpersonal abilities.
Detail-oriented with a high level of accuracy.
Proficient in financial software and Microsoft Excel.
Ability to work under pressure and meet tight deadlines.
Experience in the healthcare sector is highly desirable.
Strong organizational and time management skills.
Ability to work collaboratively in a team environment.
Proactive approach to identifying and addressing financial issues.
Commitment to continuous professional development.

Bayt

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