FINANCE MANAGER

JOB SUMMARY

DUTIES AND RESPONSIBILITIES

• Coordinate preparation of accurate and up-to date financial and management accounting information in order to facilitate decision making;
• Establish and continuously update internal control systems and procedures to ensure prudent use of financial resources; 3. Coordinate the budget preparation process or the hospital and prepare the related special revisions in a timely manner;
• Develop, implement and monitor effective systems of monitoring performance against budget including key financial performance indicators;
• Assist budget holders with preparation of business plans and capital investment appraisals;
• Ensure timely monthly reconciliation of budget adjustments to the agreed expenditure plan;
• Review and benchmark operational costs and capital expenditure with the industry standards to ensure they remain within acceptable limits;
• Ensure maintenance of an up- to-date assets register;
• Facilitate training sessions for finance staff members and develop non-finance managers with appropriate knowledge for financial decision making;
• Analyze and report significant budget variances and to identify possible remedial actions in consultation with divisional accountants;
• Prepare divisional and corporate forecasts for income and expenditure on monthly, quarterly and annual basis;
• Prepare and submit periodic statements, reports and reconciliations together with appropriate interpretation and recommendations for the Management Team within agreed timelines;
• Ensure effective treasury management including the hospital’s bank accounts, loans and other financial instruments; 14. Maintain robust cash handling and banking procedures;
• Ensure that closing stocks in financial statements can be tied up to physical stocks and differences are investigated promptly and resolved;
• Provide advisory services on building the investment portfolio of the Hospital;
• Ensure full integration of all Hospital Management Information Systems (HMIS) financial transactions;
• Identify, deploy and motivate the finance team including performance appraisal, identification of training needs, mentorship and coaching as well as leave and absence management in line with the hospital’s people agenda; and
• Any other responsibilities that may be assigned to the job holder by the supervisor from time to time.

KEY REQUIREMENT SKILLS AND QUALIFICATION

• Degree in Business Administration, Economics, Finance or other business-related fields from a recognized institution
• 5 plus years experience preferably in healthcare
• Must be a qualified accountant with relevant professional qualifications such as Certified Public Accountant (CPA-K) or ACCA
• Excellent understanding of International Financial Reporting Standards (IFRS)
• Excellent grasp of Financial and Management Accounting; Taxation and relevant legislation
• Knowledge of accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data

HOW TO APPLY

• If you meet the above qualifications, skills and experience share CV on This email address is being protected from spambots. You need JavaScript enabled to view it.
• Interviews will be carried out on a rolling basis until the position is filled.
• Only the shortlisted candidates will be contacted.