Finance Business Partner

Role Overview

Finance Business Partner at Sidra Medicine, located in Qatar. This role supports Sidra in meeting financial and operational objectives and ensures the business is managed to the standards expected.

Company Overview

Sidra Medicine is a high-tech healthcare facility providing comprehensive specialist healthcare services for children and young people, and exceptional maternity, gynecology, and reproductive medical services for women. The organization is home to world-class patient care, scientific expertise, and educational resources.

Role Purpose

The Finance Business Partner provides a link between Executive Management, Business Units, Corporate departments, and the Finance Team in relation to all finance functions and processes, ensuring robust financial controls and business analysis.

Key Responsibilities

Strategic Planning & Advice

• Influence the strategic direction of Chief level stakeholders in how resources should be allocated and consumed to reach Sidra's planning objectives.
• Advise on business planning assumptions, trade-offs and opportunities.
• Develop business plans and forecasts as needed in conjunction with budget holders.

Budget & Financial Planning

• Negotiate the departmental budget to achieve a robust and defendable outcome for the relevant Chief.
• Works with budget holders in budget planning, setting, controlling and monitoring.
• Sets departmental KPIs with key stakeholders as needed.
• Provides recommendations and implements changes to financial planning and budgeting based on industry best practices.

Financial Analysis & Reporting

• Provide operational departments with financial performance information to assist decision making and ensure managers achieve objectives, including KPIs, peer benchmark data, and best practice.
• Provides ad-hoc analysis and insights to department heads on finance-specific issues.
• Support the Finance Costing section by determining and providing apportionment and allocation data, and calculating accurate service and product line costs.
• Prepare and generate required reports under the direction of the Director - Financial Reporting and Budgeting.
• Presents and discusses monthly management reports to chief or head of business units, to executive directors on a one-to-one basis, and at business unit board meeting level.

Stakeholder Management & Communication

• Works with designated business units to improve communication, efficiency and effectiveness of finance processes, policies and procedures, and to share specialist knowledge as appropriate.
• Proactively works with the Sidra department Chief(s) and Directors, liaising with Finance to ensure that the Finance function becomes embedded in the business and provides value-adding and innovative finance-related advice and support.
• Works collaboratively with hospital departments and Finance to provide specialist finance support services and information, such as budgeting, forecasting, and preparation of various financial reports and regulatory requirements.
• Builds and maintains strong and effective relationships with all related units to achieve Sidra's goals and objectives.
• Integrate HR, Support Services, IT, and Finance activities across multi-disciplinary teams to achieve objectives for the departmental Chief.
• Communicates effectively with internal and external stakeholders.
• Responds to queries, suggestions and complaints at a high level when necessary.
• Coaches and educates department heads on finance-related activity including the use of financial tools and information.
• Ensure high standards of confidentiality to safeguard commercially sensitive information.

Governance & Compliance

• Comply with Sidra's set policies, procedures, management and regulatory requirements, and International Financial Reporting Standards (IFRS).
• Adheres to Sidra's standards as they appear in the Code of Conduct and Conflict of Interest policies.
• Adheres to and promotes Sidra's Values.
• Coordinate with internal and external auditors and provide all required information to facilitate the preparation of internal and external audit reports.
• Keep the Director - Financial Reporting and Budgeting informed of significant issues that may jeopardize the achievement of Sidra's goals.

Process Improvement & Controls

• Ensure the overall finance-related processes are conducted in an efficient and effective manner.
• Develop effective controls around processes where appropriate.
• Stay abreast of the latest Finance-related leading practices.

Professional Development & Leadership

• Identify areas for professional development and act to enhance professional development of self and others.
• Maintain professional affiliations.
• Deputize for the Director - Financial Reporting and Budgeting as appropriate.
• Attend management and staff meetings as required.

Qualifications & Experience

Education

• Bachelor's degree in Accountancy, Finance, or Business Management (not online or distance learning).

Professional Certification

• Qualified Accountant such as ACCA, ACA, CIMA, CGA, CPA, or CIPFA, or Masters in Finance or Business Administration, with post-qualification experience of 2+ years.

Experience

• 8+ years of progressive experience in finance mainly in a large organization.
• 5+ years of similar or related experience in financial management or management accounts in a large operational healthcare facility.
• Experience working with budget holders in budget planning, setting, controlling and monitoring.
• Experience of financial forecasting.
• Experience explaining complex financial information to non-finance colleagues.
• Experience of managing and recruiting a team.
• Experience in all-round finance, for example Management accounts, General Ledger, Accounts Payable and receivable, Payroll and treasury function (highly desirable).
• Experience in an organization with a well-developed mainstream ERP system.
• Experience of presenting and discussing monthly management reports to chief or head of business units or to executive directors on a one-to-one basis and at business unit board meeting level.

Skills & Competencies

Technical Skills

• Knowledge of Budgeting and Forecasting.
• Knowledge of Financial Management.
• Knowledge of Compliance and Regulatory Requirement.
• Knowledge of Financial and Risk Analysis.
• Demonstrated ability in healthcare financial accounting and reporting.
• Demonstrated advanced skills with ERP systems.
• Demonstrated ability with report writing tools.
• Proficiency with Microsoft Office suite.

Professional Skills

• Advisory and Consultation skill.
• Demonstrated planning and time management skill.
• Ability to deal confidently and diplomatically with colleagues at all levels and with external contacts, including the handling of confidential and sensitive information.
• Professional proactive attitude.
• Demonstrated commitment to personal development (CPD).

Languages

• Fluency in written and spoken English.

Additional Information

• Full details are available on the employer's original posting.