Financial Analyst

Job Description

Experience Level: Fresh graduates are encouraged to apply.

We are seeking a detail-oriented and analytical Financial Analyst to support financial planning, reporting, and decision-making processes. The role involves analyzing financial performance, optimizing costs, and collaborating with various departments to enhance operational efficiency and profitability within a healthcare setting.

Key Responsibilities:

• Financial Reporting:
• Prepare and present periodic financial reports, highlighting key performance indicators (KPIs), trends, and insights for management.
• Cost Analysis:
• Analyze operational costs, departmental revenues, and service profitability to identify opportunities for cost optimization.
• Variance Analysis:
• Conduct detailed comparisons between budgeted and actual financial performance, providing actionable recommendations.
• Data Management:
• Collect, validate, and analyze financial data from multiple sources, ensuring accuracy and completeness.
• Collaboration:
• Work closely with cross-functional teams to understand financial impacts and support strategic decision-making.
• Financial Modelling:
• Develop and maintain financial models to evaluate new services, business opportunities, and operational improvements.
• Budgeting & Forecasting:
• Assist in preparing annual budgets and forecasts for clinical services and monitor performance against targets.
• Pricing Management:
• Develop and maintain pricing structures and databases, regularly reviewing price changes and profitability.
• ERP Coordination:
• Lead communication and coordination between SAP/MEDAS systems and finance teams.
• Reporting & Presentations:
• Prepare detailed reports and presentations for senior management and stakeholders.
• Performance Monitoring:
• Track actual performance against budgets and provide ongoing variance analysis.

Qualifications:

• Bachelor's degree in Finance, Accounting, or Healthcare Administration
• Proven experience in financial analysis, preferably within the healthcare sector
• Proficiency in financial modeling and healthcare financial systems
• Strong analytical and problem-solving skills
• Excellent communication and presentation abilities
• High attention to detail and accuracy