Job Title: Financial Controller Department: Finance Job Type: Permanent Hours: 37 Hours per week Blackrock Clinic is the leading and longest established private hospital and clinic in Ireland.
Since it opened in the mid-1980s, the clinic has consistently built an unparalleled reputation in new high-tech surgical procedures, medical treatments, and ground-breaking diagnostics.
Blackrock Clinic is now part of Blackrock Health private hospital group along with the Hermitage Clinic, Galway Clinic, and Limerick Clinic, some of the most advanced hospitals in Irish private healthcare.
As a JCI accredited hospital, Blackrock Clinic is a progressive and pioneering hospital in which care for the patient is central to everything we do.
Role Purpose: A detail-oriented and strategic Financial Controller to oversee the hospitals financial operations, ensure compliance with regulatory requirements, and support strategic planning.
The ideal candidate will be responsible for managing accounting records, evaluating risk, ensuring financial reporting accuracy, supporting business management and group finance, and leading budgeting and forecasting activities.
Provide leadership and direction to the finance team to ensure they are engaged, focused and delivering to their potential.
Qualifications/Experience: Qualified Accountant 5+ years PQE in a management role within Finance Healthcare industry experience would be an advantage Effective communicator with excellent influencing/collaboration skills and team-work mindset.
Advanced proficiency in Microsoft Excel and business intelligence reporting tools Ability to effectively analyse data to make decisions and communicate recommended courses of action.
Demonstrate strong people management experience, with proven ability to lead and motivate teams through periods of change and continuous process improvement.
Strong knowledge of accounting principles and financial regulations, with experience of FS consolidation.
Attention to detail and high levels of accuracy critical in all aspects of the role Resilient with the ability to operate in quickly changing environments whilst being organised, pro-active and deadline driven.
Key Responsibilities: Accounting and Reporting Oversee all accounting operations including Accounts Receivable (AR), Accounts Payable (AP), Financial Planning & Analysis (FP&A) and Financial Accounting.
Ensure provision of timely and accurate activity and financial information to the business including daily, weekly, period-end and annual performance reports.
Challenge assumptions and provide analysis to explain variances to budget and forecast.
Support the provision of information to Group Finance to strict deadlines, including weekly and period-end performance reports, cashflows and other information as required Manage cashflow in accordance with Group Treasury policy whilst maintaining sufficient funds to meet the needs of the hospital, particularly during periods of expansion.
Oversee the maintenance of the hospitals fixed asset register.
Monitor expenditure of maintenance and development capital expenditure against approved budgets and ensure financial approval hierarchies comply with group policy.
Budgeting and Forecasting In conjunction with the FP&A Manager and Department Heads, coordinate and direct the preparation of the annual operating budget which includes financial performance, headcount and activity statistics, capital expenditure and cashflow projections.
Oversee the preparation of periodic financial forecasts, report variances Work with Department Heads throughout the year to ensure revenue targets are achieved and expenditure is maintained within budget.
Provide guidance and recommendations for corrective action for areas where KPIs are not being met.
Strategy, Planning and Commercial Maintenance, use and interpretation of business analytics to support effective business decision-making and other development activities Provide finance support to implement revenue growth and deliver cost containment initiatives which enhance margin growth Assist department managers with the preparation and evaluation of financial projections for business cases which facilitate the delivery of the hospitals Long-Term Plan.
In conjunction with the CFO, maintain and further develop the relationship between the hospital and key health insurance companies.
Assist with the pricing of services for contracts.
Oversee the maintenance and ongoing development of the hospitals patient level costing dashboard to assist with revenue reporting, analysis and pricing.
Identify opportunities presented by emerging technologies to develop new business opportunities or ways of doing business.
Internal Controls, Risk Management, Audit and Compliance Maintain proper and effective internal financial controls across the hospital to prevent fraud and errors, safeguard the assets of the company and reputation of the hospital.
Collaborate with group finance and the statutory auditor during the external audit cycle to ensure preparation and delivery of accurate annual financial statements in accordance with relevant accounting standards and legislation.
Develop and implement action plans to address any weaknesses in internal controls processes identified by the External Auditor.
Manage relationship with tax advisors to maintain compliance with all relevant tax legislation.
Oversee the submission of accurate tax returns and facilitate periodic reviews of company records to ensure ongoing compliance under all applicable tax laws.
Support other audits (Health Insurers, Internal Audit etc) to evaluate control effectiveness.
Maintain financial risk register to identify and monitor key financial exposures.
Work with procurement team to ensure adequate insurance coverage.
Finance Department Oversee the management of the Accounts Receivable and Accounts Payable functions, working with the teams to improve processes, productivity and performance.
In conjunction with the AR Manager, support systems implementation and process improvements that maximise cash collections, achieve Days Sales Outstanding (DSO) targets and minimise bad debts and revenue leakage.
Ensure timely and accurate processing of AP invoices and payments in compliance with company policies and regulatory standards.
Ensure a strong working relationship between Finance and other departments based on a business partnership model which ensures a balance between financial control and business support.
Supervise, mentor, and develop the Finance team to ensure high performance and continuous improvement.
Succession planning to ensure leadership continuity within the finance team.
At the Blackrock Clinic, we are passionate about our people and believe in their development and growth.
As a member of the team you can benefit from: Competitive salary Onsite parking Pension Discounted café Sports and Social club Employee Assistance Programme Discounted onsite pharmacy Please Note: Job descriptions are a reflection of the present service requirements and may be subject to review and amendments to meet the changing needs of the service.
Please note that we reserve the right to close this vacancy early if sufficient applications are received.
? Blackrock Clinic is an Equal Opportunities employer, and we are committed to creating an environment that promotes equality and dignity at work.
Blackrock Clinic is committed to providing reasonable accommodation when needed.
Please advise if you have particular requirements, so that we can look into arranging reasonable adjustments to the recruitment process.
You can contact us at It is essential that you have valid work permission for the Republic of Ireland to take up employment for this position, or in the case of critical skills, you must be eligible for a work permit.
Skills: Communication Skills People Management Skills Financial Reporting Skills