VP Finance And Controller
U.s. Renal Care Saudi Arabia
🇸🇦 Riyadh, Saudi Arabia
Posted 2 weeks ago · Source: LinkedIn
Freshness score: 0.6
Description
USRC’s greatest strength in being a leader in the dialysis industry is our ability to recognize and celebrate the differences in our diverse workforce. We strongly believe in recruiting top talent and creating a diverse and inclusive work climate and culture at all levels of our organization.SUMMARYResponsible for providing end-to-end financial leadership across accounting, revenue cycle management (RCM), and supply chain operations. This role requires strong financial leadership within a regulated healthcare environment, with responsibility for ensuring compliance with local regulatory requirements, JV partner financial governance, and key contractual obligations, including relationships such as NUPCO.Serving as a strategic partner to executive leadership, the VP will oversee financial governance, regulatory compliance, and operational efficiency across both revenue and cost structures. This role plays a critical part in driving margin improvement, enhancing financial visibility, and aligning financial operations with the organization’s strategic objectives, particularly within a complex healthcare environment.Essential Duties and Responsibilities include the following. Other duties and tasks may be assigned.Partner with executive leadership to drive financial strategy, planning, performance management, and margin improvement.Ensure compliance with KSA financial and regulatory requirements, including ZATCA, VAT, e-invoicing, MOH/SAMA reporting, accounting standards, and applicable healthcare financial requirements.Manage financial governance requirements related to the joint venture structure, including partner reporting, approval protocols, and financial transparency obligations.Oversee financial and commercial obligations within major contracts, including NUPCO-related obligations, pricing, billing, collections, payment terms, penalties, escalation clauses, and commercial risks.Partner with Legal, Compliance, Operations, Government Relations, and other stakeholders to ensure financial practices remain aligned with regulatory, contractual, and governance requirements.Lead, develop, and hold accountable high-performing teams across accounting, revenue cycle management, and supply chain, ensuring teams have the tools, systems, and capabilities to support operational excellence.Provide financial insights, variance analysis, risk assessment, and actionable recommendations to support executive and operational decision-making.Oversee accounting operations, including general ledger, payables, receivables, financial close, and preparation of financial statements.Strengthen internal controls, ensure audit readiness, and identify and mitigate financial and operational risks.Provide executive oversight of revenue cycle operations, including billing, collections, accounts receivable, revenue integrity, denial management, and collection performance.Partner with clinical and operational teams to improve documentation, coding accuracy, reimbursement practices, and RCM compliance.Oversee procurement, vendor management, inventory control, spending analysis, and value-based purchasing to support cost-effective operations.Implement cost control and optimization strategies to improve margins, reduce waste, and align resources with operational needs.Oversee budgeting, forecasting, KPI monitoring, financial performance reporting, and variance analysis in partnership with business leaders.Qualifications Requirements:Education Requirements:Bachelor’s degree in Finance, Accounting, or a related field is required. Master’s degree is preferred.Experience Requirements: Minimum of ten (10) years of progressive experience in finance, accounting, or financial services, preferably in a dialysis, hospital, or healthcare setting.Minimum of five (5) years of leadership experience within a dialysis, hospital, healthcare, or similarly regulated organization.Demonstrated experience in financial reporting, budgeting, internal controls, and audit coordination.Exposure to revenue cycle management and/or supply chain financial oversight is preferred.Other Requirements:SOCPA membership is preferred.CPA, CFA, or IFRS certification is advantageous.