Overview
VP Finance and Controller Jobs in Riyadh, Saudi Arabia at U.S. Renal Care Saudi Arabia
Title: VP Finance and Controller
Company: U.S. Renal Care Saudi Arabia
Location: Riyadh, Saudi Arabia
USRC’s greatest strength in being a leader in the dialysis industry is our ability to recognize and celebrate the differences in our diverse workforce. We strongly believe in recruiting top talent and creating a diverse and inclusive work climate and culture at all levels of our organization.
SUMMARY
Responsible for providing end-to-end financial leadership across accounting, revenue cycle management (RCM), and supply chain operations. This role requires strong financial leadership within a regulated healthcare environment, with responsibility for ensuring compliance with local regulatory requirements, JV partner financial governance, and key contractual obligations, including relationships such as NUPCO.
Serving as a strategic partner to executive leadership, the VP will oversee financial governance, regulatory compliance, and operational efficiency across both revenue and cost structures. This role plays a critical part in driving margin improvement, enhancing financial visibility, and aligning financial operations with the organization’s strategic objectives, particularly within a complex healthcare environment.
Essential Duties and Responsibilities include the following. Other duties and tasks may be assigned.
- Partner with executive leadership to drive financial strategy, planning, performance management, and margin improvement.
- Ensure compliance with KSA financial and regulatory requirements, including ZATCA, VAT, e-invoicing, MOH/SAMA reporting, accounting standards, and applicable healthcare financial requirements.
- Manage financial governance requirements related to the joint venture structure, including partner reporting, approval protocols, and financial transparency obligations.
- Oversee financial and commercial obligations within major contracts, including NUPCO-related obligations, pricing, billing, collections, payment terms, penalties, escalation clauses, and commercial risks.
- Partner with Legal, Compliance, Operations, Government Relations, and other stakeholders to ensure financial practices remain aligned with regulatory, contractual, and governance requirements.
- Lead, develop, and hold accountable high-performing teams across accounting, revenue cycle management, and supply chain, ensuring teams have the tools, systems, and capabilities to support operational excellence.
- Provide financial insights, variance analysis, risk assessment, and actionable recommendations to support executive and operational decision-making.
- Oversee accounting operations, including general ledger, payables, receivables, financial close, and preparation of financial statements.
- Strengthen internal controls, ensure audit readiness, and identify and mitigate financial and operational risks.
- Provide executive oversight of revenue cycle operations, including billing, collections, accounts receivable, revenue integrity, denial management, and collection performance.
- Partner with clinical and operational teams to improve documentation, coding accuracy, reimbursement practices, and RCM compliance.
- Oversee procurement, vendor management, inventory control, spending analysis, and value-based purchasing to support cost-effective operations.
- Implement cost control and optimization strategies to improve margins, reduce waste, and align resources with operational needs.
- Oversee budgeting, forecasting, KPI monitoring, financial performance reporting, and variance analysis in partnership with business leaders.
Qualifications Requirements:
Education Requirements:
- Bachelor’s degree in Finance, Accounting, or a related field is required. Master’s degree is preferred.
Experience Requirements:
- Minimum of ten (10) years of progressive experience in finance, accounting, or financial services, preferably in a dialysis, hospital, or healthcare setting.
- Minimum of five (5) years of leadership experience within a dialysis, hospital, healthcare, or similarly regulated organization.
- Demonstrated experience in financial reporting, budgeting, internal controls, and audit coordination.
- Exposure to revenue cycle management and/or supply chain financial oversight is preferred.
Other Requirements:
- SOCPA membership is preferred.
- CPA, CFA, or IFRS certification is advantageous.