Job Description:

We are looking for an experienced Certified Cost Accountant / Cost Controller to join our medical complex in Saudi Arabia.

The candidate will be responsible for developing and managing the healthcare costing system, monitoring departmental profitability, controlling costs, and providing management with accurate financial analysis to support business decisions.

Key Responsibilities:

- Develop and maintain a complete costing system for healthcare services.

- Calculate the actual cost and profitability of:

1. Medical consultations and procedures

2. Dental treatments

3. Dermatology and aesthetic services

4. Laboratory services

5. Medical consumables and materials

- Analyze cost per procedure, doctor, department, and service line.

- Prepare monthly cost and profitability reports for management.

- Monitor material consumption, wastage, inventory usage, and purchasing costs.

- Review supplier costs and identify opportunities for cost reduction.

- Perform budget vs. actual and variance analysis.

- Support budgeting, forecasting, and financial planning.

- Establish cost-control policies, procedures, and internal controls.

- Work closely with Accounts, Purchasing, Inventory, Medical Departments, and Management.

- Identify underperforming services and recommend corrective actions.

- Assist management in pricing decisions and evaluating new services, equipment, and investments.

Qualifications:

- Bachelor's degree in Accounting, Finance, Commerce, or a related field.

- Professional cost-accounting qualification such as CMA / ICMA / Cost Accountant certification is strongly preferred.

- Minimum 5 years of relevant accounting / cost-control experience.

- Previous experience in a hospital, medical center, healthcare group, laboratory, dental center, or similar healthcare organization is highly preferred.

- Strong knowledge of:

1. Cost accounting

2. Management accounting

3. Budgeting and forecasting

4. Variance analysis

5. Inventory and material costing

6. Departmental profitability

7. Financial controls

- Advanced Microsoft Excel skills.

- Experience with ERP / accounting systems.

Preferred Candidate:

We are particularly interested in a candidate who can build the costing and control function from the ground up, rather than only prepare routine accounting reports.

The candidate should be able to explain to management:

1. How much each medical service actually costs.

2. Which departments and services are profitable.

3. Where costs are increasing.

4. Where wastage or inefficiencies exist.

5. How pricing and purchasing decisions can improve profitability.

Location: Saudi Arabia

Industry: Healthcare / Medical Complex

Position: Certified Cost Accountant / Cost Controller