SEHA Signs Strategic Partnership With CPA Australia As Long-term Investment In Financial Planning And Management
Last Update: Thursday, January 30, 2020 : 09:05 (+4GMT)
• Partnership will see internationally benchmarked accreditation for finance teams enabling advanced professional development and more efficient financial planning and management
Abu Dhabi, 29 JANUARY 2020: Abu Dhabi Health Services Company (SEHA), the UAE’s largest healthcare network, has signed a new, strategic agreement with CPA (Certified Practising Accountant) Australia, the professional accounting body of Australia, to deliver advanced training and development programs across the network. This partnership will see a range of new professional opportunities for SEHA finance staff, while also offering internationally benchmarked accreditation, especially designed for the unique needs of the healthcare sector.
SEHA manages and executes significant budgets and handles a range of complex financial projects, including partnerships with insurance providers, managing major capital expenditure projects for new facilities and upgrades, and procuring new medical technologies. Ensuring that these investments and financial projects are managed efficiently and cost effectively, is vital to the long-term plans of the organisation.
Commenting on the new partnership, George Kapitelli, Chief Finance Officer, SEHA, said: “CPA Australia is internationally-renowned for providing world class accounting and finance training, qualifications and accreditation that has had a huge impact on the effectiveness and efficiency of organizations around the globe. I am therefore pleased that we are entering into this new agreement; this initiative embraces development and advancement of our local finance workforce. Most importantly, investments like this ultimately benefit our patients by enabling resources to be more effectively deployed for their care.”
With SEHA’s continued organizational development, including the establishment of Sheikh Shakhbout Medical City – the UAE’s largest tertiary hospital – effective financial management, planning, and oversight is vital to the delivery of the organization’s overall strategy. The new training and development program also come as healthcare finance management is advancing as a specialist accountancy discipline, offering those on the program the opportunity to learn cutting-edge skills.
Peter Wilson AM CPA, President and Chairman of the Board said; “We are extremely pleased to be partnering with SEHA on this important development project. As one of the world's largest accounting bodies with a global membership of almost 170,000 we work in 150 countries, enabling us to offer world class training and accreditation with international quality benchmarks. Because healthcare budgets are on the rise around the world, it’s a sector in which effective financial planning and management can have a huge impact. We are looking forward to building on the strong skills already in place at SEHA to help the organisation pursue its ambitious plans and deliver for patients.”
This is the first time SEHA has launched a long-term training and development program for the finance team and will see development programs across financial planning and management across its network. In addition, online courses and webinars will further enhance knowledge development and sharing. A select group of SEHA finance team members will also undertake the CPA Australia professional qualification.
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