Director of Finance And Operations

Responsibility

• Develop and implement the hospital's overall financial strategy, policies, and procedures from the ground up, aligning with the hospital's mission, vision, and strategic goals
• Develop and manage the initial capital budget for construction, equipment procurement, and IT infrastructure
• Develop and manage the comprehensive operating budgets, forecasts, and long-range financial plans, with a strong focus on cash flow management during the start-up period
• Develop financial modeling, feasibility studies, and business case development for new services, capital investments, and expansion initiatives, considering the ramp-up phase of a greenfield hospital
• Advise CFO on financial performance, risks, opportunities, and strategic decisions, particularly concerning initial operational deficits and achieving profitability
• Establish financial benchmarks and key performance indicators (KPIs) relevant to a new hospital, monitoring performance against these metrics
• Manage and control the project's cash flow, investments, and debt
• Perform due diligence on the potential investors and lenders under supervision of CFO
• Monitor competitor's financial performance and benchmarking
• Prepare management reports (monthly, quarterly and annual reports), financial presentation for management meeting
• Perform other duties as assigned

Qualifications

• Bachelor's or Master's degree in a related field such as Finance, Accounting, Economics, or other relevant disciplines
• Professional certifications such as CFA (Chartered Financial Analyst) or CPA (Certified Public Accountant) are an advantage
• Minimum of 5–7 years of experience in financial analysis
• Experience in the hospital industry or healthcare business is a plus

Skills

• Data Analysis: Strong ability to analyze financial data and prepare complex reports
• Planning and Management: Skilled in budgeting, financial forecasting, and resource management
• Software Proficiency: Proficient in Excel, ERP systems, and financial analysis tools such as SAP, Oracle, or Tableau
• Communication: Excellent written and verbal communication skills to explain financial data to executives and team members
• Problem Solving: Capable of resolving issues and making decisions in complex situations

Domain Knowledge

• Understanding of hospital financial systems, such as cost management, revenue analysis from healthcare services, and cash flow management
• Knowledge of laws and regulations related to healthcare and hospital businesses

Personal Attributes

• Detail-oriented and highly responsible
• Able to work under pressure and meet deadlines
• Positive attitude and strong collaboration with team and management