Business Manager at Nairobi Adventist Hospital

 Job Purpose

 Strategic management and overseeing all finance functions in the hospital in accordance with established professional standards, policies and procedures. Must be proficient in developing and analyzing management accounting information to support effective decision making based on data, have the ability to align daily actions to the hospital’s strategic direction, mobilize people and inspire them towards a common ambition and better results.

Responsibilities

• It shall be the duty of the business manager to have general charge of the financial operation of the institution as outlined by the Hospital Advisory Board (HAB) in counsel with the CEO, including the purchase of supplies and the collection of accounts.
• He/ She shall, in collaboration with the CEO, prepare the annual budget for presentation to the HAB.
• He/She is responsible for the maintenance of the equipment and the physical plant in harmony with the quality control standards and in accordance with the policies of the HAB
• He/She is responsible for supervision of all non-medical departments of the institution and for the direction of the personnel of such department
• Directing and administering all financial plans.
• Business planning, budgeting, and forecasting processes, including coordinating and integrating strategic and business plans for profit and cost centers and capital budgets
• Ensuring that daily financial operational matters are executed according to approved plans in a timely manner, and ensuring that there is continual and vigilant monitoring of expenses against budgets, and monitoring growth in revenue streams
• Ensuring the integrity of the Hospital’s accounting systems, internal controls, cash management, signatories, and discretionary authorities, and managing the relationship with external auditors.
• The Company’s financial and business reporting, tax planning, estimating and reporting, and regulatory reporting and compliance.
• Managing successful cash collections programs.
• Managing the relationship with Banks & investors. The finance manager is expected to provide strategic input on the financial considerations that the Company must address for continued growth and profitability Identification, assessment, and management of the Companies’ business risks and reporting on them
• Being the principal liaison with the Board’s Audit & Risk Committee.
• Ensure that supplier contracts are negotiated to the best interest of the Hospital.
• Look for and implement better credit options for the Hospital.
• Responsible for the production of monthly financial data and commentary relating to the hospital
• Responsible for the accuracy of the functional reporting within organization in line with company codes/profit and cost centers.
• Responsible for strategic Investment and Restructuring reporting.
• Review monthly performance against budget on all cost centers and ensure that any excesses are challenged/agreed.
• Ensure compliance with hospital administrative policy, finance manual and other governance requirements

Competencies

• Ability to lead and motivate staff.
• Ability to identify individual and team development needs regularly by monitoring team and individual performance, coaching and recommending training.
• Ability to conduct formal performance and development reviews for direct reports.

Qualifications

• CPA or ACCA with at least a Bachelor’s Degree (minimum second upper) in a relevant discipline
• Member of the institute of Certified Public Accountants of Kenya (ICPAK)
• Master’s in Business Administration will be an added advantage
• Training and experience in finance analytics will be an added advantage
• Demonstrate knowledge and experience in procurement and inventory management
• Proven experience in credit control
• Project management experience will be a plus
• Robust computer knowledge including Microsoft applications, extensive exposure to an ERP environment, advanced reporting tools
• High level of analytical, performance management skills and attention to detail
• Excellent planning and organizational skills
• Experience of a minimum of 4 years in a for-profit organization
• Experience in a busy hospital setting will be an added advantage
• Excellent reporting, communication, and presentation skills