Financial Affairs Department Internship

 

Introduction:

The mission of Financial Affairs Department is to promote effective financial management in accordance with generally accepted accounting principles and internal policies & procedures to assure the integrity of allocated funds and resources in support of patient services.

 

Objectives:

Hereunder is the outline of the training program designed for interns accepted in Financial Affairs Department to help them fully enhance their knowledge from theories to practical application approaches in order to familiarize them with the actual world of work,  as follows:

 

  • Investment Office / Business Advisory: Overview of Investment process; forecasting and financial analysis; study of market volatility.
  • Cost Accounting: Introduction to Cost Accounting and Principles; Costing Methodology
  • Decision Support Unit: Understanding the decision making processes.
  • Budgeting & Financial Reporting:
  • Overview of Budget Development Process
  • Introduction to financial reporting, monitoring and control; review and analyze Financial and Statistical Data of the Chief Financial Officer and the Outcomes
  • Disbursement:
  • Understanding the Accounts Payable cycle and process
  • Introduction to Basic Principles of Fund Management monitoring and control process
  • General Accounting: Overview on the preparation of Financial Statement; reconciliation process; General Ledger (GL) and Journal Ledger (JL) entries.
  • Fixed Assets Control: Introduction to Fixed Asset Management
  • Revenue:
  • Introduction to Accounts Receivable Management
  • Understanding the Billing and Collection Process

 

 

Duration:

Six (6) months maximum

 

Acceptance Criteria:

  • Internship request letter from Intern’s sponsor
  • Saudi national or borne from Saudi mother only
  • GPA 4 out of 5 or 3 out 4 or above
  • Bachelor degree and above
  • Pass the interview
  • Pass KFSH&RC English Placement Test
  • Submit the C.V, Transcript and Letter of the University

 

Benefits:

  • Medical coverage as per hospital policy
  • Certificate of completion

 

Things to know before applying:

  • Submitting your application does not mean acceptance to the internship
  • Applying to the internship must be at least (2) two months prior to the starting date
  • Training seats are limited and based on availability
  • Verifying the accuracy of documents and information submitted is your responsibility
  • Please note that inaccurate information or missing documents will lead to your application being rejected

 

 

  • For more details on how to apply please, Click here

To apply