Jeddah, Makkah, Saudi Arabia
I am Hussein Mostafa, a 41-year-old Egyptian national, married with four sons. I have been working in Jeddah, Saudi Arabia, since 2006. I hold a Bachelor's degree in Commerce and Financial Accounting and have over ten years of experience in finance. Currently, I am the Accounts Receivable Supervisor at Dr. Bakhsh Hospital Group (since March 2022), reporting directly to the Chief Accountant and CFO. Prior to this, I spent eight years at Chronic Care Hospital (part of NMC Group), where I held various roles, including Accounts Receivable, Accounts Payable, and Fixed Assets Supervisor. My responsibilities there included managing the mid-year and annual physical inventory, reconciling it with the trial balance, coordinating with departments and IT to resolve issues, and providing reports to the Chief Accountant and CFO. Throughout my career in finance, I have worked extensively with major hospital departments, focusing on revenue cycle control, supervision, and monitoring. My duties include reviewing and approving invoices, reconciling them with financial statements, and generating weekly and monthly reports on collections, overdue accounts, customer claims, provisions, aging, and providing monthly accounts receivable feedback. My professional and academic background has equipped me with a diverse skill set, making me a highly organized, committed, and reliable professional. I possess a logical and methodical approach to problem-solving and task completion. I have a proven ability to lead and work within a team, coupled with excellent interpersonal skills. I am seeking a position that aligns with my qualifications and aspirations, allowing me to further develop my career and experience. Thank you for taking time of reading my cover letter, Best Regards Hussein Mostafa
1. Handling the customers and companies accounts, including reviewing and following up the balances on a monthly basis, and making the necessary reconciliations and adjustments in accordance with the procedures after completing the necessary approvals. 2. Review and approving the charity patients’ letters before starting to provide services to patients. 3. Receive the claims form RCM Department, whether directly contracted or insurance companies, to ensure their claims amount tally with trial balance before sending the claims to the companies. 4. Review and prepare the customer’s reconciliations and provide the feedback of reconciliation of total claim, payments, and percentage of rejection, other discount and residual amount to C.F.O and Top Management for make the appropriate decision. 5. Coordinator with RCM Director for any issue related to claims submission, customers reconciliation , Payments and other cases. 6. Coordinator with Admission officer, Policy & Contract Department and Medical Department for any issue related to customer billing, price list and claims. 7. Review and prepare the external doctors’ fees on a monthly basis according to contact. 8. Prepare and provide the analysis of doctor’s income by department as top management requested. 9. Review the obligation patients and receiving the promissory note to record the entry of obligation amount in the system and send the report to the Legal Department for follow up and action. 10. Coordinator with IT department for any issue relate to ACR Module and customers claims. 11. Set a plan for collection and prepare weekly and monthly report accordingly. 12. Prepare and provide monthly analysis reports of aging, collection, customer provision and customer claim wise. 13. Prepare and provide annual analysis reports of Aging, ECL, Revenues and Customs Receivable Report. 14. Assist with preparation and coordination for internal and external audit.
• Update receivables by monitoring and coordinating all processing performed on orders that are delivered daily including transactions such as bank remittances. • Reconciles accounts receivable (subsidiary records) with GL balance on monthly basis and confirm with finance manager in monthly closing. • Update Accounts Receivable reports on, weekly, monthly relate to aging, customer claim wise, revenue analysis, Overdue, Provision for rejection reports, and as any reports further requires. • compiles and prepares various status reports for management in order to analyze trends and make recommendations • Provides projections and reports as required for development and management of budget and monthly forecast process . • Ensures submission of monthly billing to corporate customers as per timeline . • Ensures submission of bills to cash patient at time of discharge. • Reviews discounts, rejections and writ off record or resubmit as per the policy . • Manage collection activities such as negotiating with past-due accounts, referring account to collection agencies, and sending follow-ups . • Communicate and explain work procedures to subordinates • Ensure that operational criterion is reflected in the accounts receivable functions • Contribute the essential information to adhere to the strategic goals of the company • Assists to resolves the payment issues in a timely manner. •Engages effectively with admission offices ,discharge office ,RCM manager and IT department to ensure smooth flow of patient billing •Review on daily basis patient list, admission of new patients, and discharge of patient and movement of patient level. •Develops strategic plans and programs for the revenue cycle team and ensures that goals and objectives of the team and properly defined and clearly established , •Assists with monthly end, quarterly and yearly closing •Assists the audits and zakat /tax filling by provides supporting documentation. •Participates in company committees as assigned
• Control & Monitor the account payable module. • Handling and resolve the supplier’s issue. • Communication with IT & Supply chain& Operation Department for all issue related to account payable and inventory Module • Reconcile suppliers Statement with account payable module and approval for monthly dues. • Monthly closings and preparation of monthly reports. and reconciliation all accounts with TB. • Draw up monthly financial reports and analysis. • Prepare monthly analysis of account payable with aging and dues report. • Assist and prepare monthly VAT reports and reconciled with TB and submitted in GAZT Portal • Assist in preparing budgets and forecasts. • Monthly bank reconciliation with TB and provide monthly bank report. • Assist with preparation and coordination of the audit process and year-end closing. • Assist with implementing and maintaining internal financial controls and procedures • Supervisor of Fixed Assets, related to confirming of receive the assets (GRN & PRN )additions recording in system, and tackle all FA issues with ERP. • Supervisor and control the midyear & yearly physical inventory and reconciliation with TB and coordinator with all department and IT to solve any issue and provide to chief accountants &C F O report accordingly. • Process monthly fixed assets depreciation .and reconciliation with Trial Balance. • Assistance with Finance Team for closing of monthly financial reports
MY Responsibilities: • prepare journal entries • complete general ledger operations • monthly closings and preparation of monthly financial statements • reconcile and maintain balance sheet accounts • draw up monthly financial reports • prepare analysis of accounts as requested • assist with yearend closings • administer accounts receivable and accounts payable • Prepare Monthly salaries and expenses for financial transactions. • assist in preparing budgets and forecasts • monitor and resolve bank issues including fee anomalies and check differences • account/bank reconciliations • review and process expense reports • assist with preparation and coordination of the audit process • assist with implementing and maintaining internal financial controls and procedures
• Assistance The Management in executing store operations and run the business according to Alshaya standards . • Monitor the business accurately and assist the management in the monthly inventory and annual closing • Deliver legendary service to all Alshaya customers • Improve productivity and drive sales • Apply all standards consistently • Train, develop and coach the store team in all operational areas. .