Ambitious to Obtain Career Enriched skillful Assignment/Role in Financial Accounting/Cost & Management Accounting/ Budget & Forecasting/Financial Planning & Analysis / Capital Management / Financial Reporting Standards / Auditing & Compliance With an esteemed multi-cultural Organization serving in the business sector of trading/Manufacturing/services.CA-Finalist – ICAP & Post Graduation in Accounting and Finance with almost +9 years of experience in handling Accounts, Audit, Budgeting, Forecasting & Financial Management functions with multi-national, Esteemed organization Involved in Trading, Manufacturing/Services and healthcare Industry in both UAE & Pakistan. Significant Skills & Experiences with valued contributions to my organizations. ð Managing books of accounts of the companies according to IFRS’sð Leading external Audits under in compliance with ISA’s.ð MIS Reporting for KPI’s.ð Financial & Cost Management, development & Implementation of internal controls.ð Preparation of Budgets for the period under assessment.ð Enhancing Operational Segments for Revenue.ð Systems Evaluation and implementations & Developments.ð VAT Compliance Procedures/Recognition & implication on different units of the organization.ð Liaising with regulatory authorities (if required).ð Insurance and Revenue Cycle Management.ð Medical Billing, Coding (CPT/DRG) ICD 9-10).ð E-Claim Submission & Resubmissions, Denial Management, Budget.ð Accounts Receivable/Payables.ð Payroll Management as per UAE Labor law.ð New Payer empanelments, Factorization between Payer/Provider.ð Negotiation with payers and reconciliations.
financial planning, Reporting, budget and forecasting, financial management of facility.
A renowned & esteemed healthcare group in Middle East region with more than 60 Facilities including pharmacies, Medical centers and Hospitals. While working with VPS value added experiences in my Portfolio hence I am able to achieve and gain by managing team of individuals to achieve deadlines and organizational objectives my experiences in the role are;
ð Handling finance for facility including, “AR-AP-MIS-Financial Management-Funds Management, Costing and operational arrangements”
ð Managing Cash flows for Units under my Responsibilities
ð Financial statement Preparation and review on monthly and other time frames as stated under policies.
ð Conducting internal Audit
ð Assisting and supervising team during External Audit
ð Analyzing Management information system design and flow for organizational operations and control over weak areas.
ð Financial statement Preparation
ð Review engagements of financials
ð Preparation of VAT Returns/Refund Claims.
ð Analyzing VAT implication and providing feedback on timely basis.
ð VAT Accounting and managing Books as per FTA regulations
ð General ledger Analysis & Accounting
ð Making cost and benefits analysis with internal and external factors affecting organization
ð Coordinating and assisting my team members for enhancing department performance
ð Contributing in strategic decision making with management for certain operations and reforms
ð Denial management analysis and negotiation with Payers in healthcare industry
ð Continuous liaising and follow up with payers for due payments
ð Liaising with Insurance Providers for factorization, reconciliation and year end negotiation
ð Playing vital role for denial management and accessing improvement related areas to meet rejection benchmark and improving fund flow
ð Costing analysis for various unit levels of group from time to time to encourage performances
ð General ledger Analysis and Financial closure at year end.
ð Preparation of Management Information System with clinical and healthcare data.
ð Bank Reconciliation
ð Fund Flow Statement and controlling finance for the entity.
ð Cost & Benefit Analysis for Unit.
ð Timely meeting with my team to analyze issues setting standards.
ð Setting targets to meet objectives if required.
A Dubai based outsource project of Gulf diagnostic center Hospital, A Revenue Cycle Management Company Providing Service to healthcare Sector for managing their Full or partial aspects of Revenue Cycle.
Work description with Mediclaims for Clients as follows:
ð Maintaining Submission and Payment information records for clients for issuing receivable reports.
ð Evaluating and Resubmitting Op-Ip Claims for all clients to enhance collections and cash flows
ð Analyzing denials and rejection and preparing periodic reports for making strategies for clients.
ð Reconciling and negotiating with insurance companies for final settlements and signing off.
ð Collection of outstanding claims.
Job description for Mediclaims:
ð Maintain and controlling full Accounts for Mediclaims.
ð Preparing financial statements.
ð Employee’s financial management related to their salaries and all backed data.
ð Invoicing to clients.
ð Managing fund position for company.
ð Contribution to take strategic decision with management.
Based in Abu Dhabi, the capital of the United Arab Emirates, GDC Hospital was inaugurated in 1996 by the late Dr. Awed Adour. We have grown from a Diagnostic Center into a Hospital, offering a full range of healthcare services including Operating Theatres and In-Patient facilities. The Imaging and Laboratory services in our hospital use leading technology to deliver outstanding medical care.
Significant Contributions in Revenue Cycle Management (RCM) Department:
ð Re-engineered the Accounting/Information process to bring in line with the requirements of IFRSs and Information needs of the company.
ð Maintaining record for Accounts receivables for Hospital
ð Analyzing customer ageing report and follow up with them
ð Handling reporting structure for hospital
ð Analyze denials.
ð Denial management analyzing denial trends and doctors performance for preparation of bonuses and claims
ð Medical Insurance Knowledge codes and services
ð Follow payments from Insurance companies and passing into to system
ð insurance e-claim submission in the hospital
ð Co-ordinate in medical billing,
ð knowledge for Doctors Diagnosis Procedures
ð Regular analysis for updating Prices as Approved By HAAD
ð Ensure the efficiency and effectiveness of claims so that Rejection Can be reduced Up to HAAD Approved Limit.
ð Supervise Reconciliations And Finalization of Submission with the system
ð Analyzing rejection at each unit level.
ð Analyses the claim and decide whether it is covered by the policy.
ð make recommendations for the settlement of claims
ð record payments made and received
ð participate to increase revenue for the Organization
ð effective control over collection regarding out- Patient and I’m-patient Claims
ð prepare reports to analyze doctors performance, rejection % for their claims, department and recommendation to control
Significant Contributions with Finance Team:
ð preparation of financial statement at year end
ð analyzing day to day transaction affecting general ledger
ð prepare ageing analysis for customers
ð Maintaining Fixed asset Register
ð Maintaining Cash flow position
ð Reconciliation with Insurance companies
ð Confirmation of balances with customers and encouraging sound relationship with them
ð Assisting in payroll processing
ð Bank reconciliation statements
ð Follow up and meet with customers to ensure effective collection for organization
ð Prepared Financial Statements according to IFRSs along with the requirements of corporate laws.
ð Lead the External Audits.
ð Prepared and presented monthly business reviews.
ð Conducted analytical reviews of the business operations to exploit any emerging opportunities and to eliminate costly and slow moving processes.
ð Developed and implemented internal controls
ð Managed the finance and cash flows of the company.
ð Prepared budgets, forecasts and implemented controls to avoid variances.
ð Enhanced inter departmental co-operation