Finance Manager at Human Capital Synergies Africa Ltd

Our client a leading outpatient health service provider in Eastern Kenya seeks to recruit a Finance Manager who will provide leadership and professional knowledge, skills and abilities in finance and accounting to ensure outstanding financial and accounting services to the company.

Reports to: Managing Director

Levels of Authority:

• Direct reports: Credit controller, Claims & billing, Accounts & bookkeeping, ICT
• Resource management
• Cashflow management
• Debt management
• Financial risk & compliance
• Financial systems
• Management information system
• Budget control

Responsibilities & Duties:

• Overall management of finance, accounting and ICT in the company.
• Provide leadership & supervision of accounting, finance, and ICT staff
• Provide professional input for development and application of financial, accounting and ICT policies, procedures and guidelines in compliance with ISO quality systems standards
• Ensure appropriate financial and ICT control systems are established and maintained
• Ensure financial and ICT risks are identified, controlled, avoided, and reported if they occur
• Interpretation of financial statements and reports
• Sustain healthy company cash flow
• Provide effective leadership in credit & debt control management
• Work with MD/ CEO to formulate short to long-term financial strategies and plans
• Provide leadership for heads of department (HODs) to acquire skills in developing and managing annual departmental budgets.
• Develop budget follow-up timetable to ensure discipline of financial management by all budgeters
• Liaise with external auditors and consultants to ensure integrity of the hospital financial and ICT systems
• Develop good working relationships with: insurance companies, banks, auditors, KRA and other relevant institutions
• Produce regular, accurate & timely financial & ICT reports
• Presenting financial reports and information with clarity to investors and other stakeholders.
• Provide robust system for internal inventory & stock control and auditing
• Ensure well controlled & financial prudent procurement and inventory management system
• Ensure standard procurement practices are conducted within the hospital
• Ensure proper inventory and stock management in the facility
• Monitor and ensure prudent debt management for the organization
• Support HR in the recruitment of new accounts & finance staff.
• Ensure timely and accurate payroll processing
• Ensure timely payment of suppliers and other partners
• Ensure compliance with KRA, NHIF, NSSF, Medical Board and other state/ regulatory bodies
• People Management
  • Create a culture of teamwork by empowering and enabling your team to enjoy working.
  • Create an environment of employee happiness that achieves results through collaborative working.
  • Provide professional advice to all HODs regarding budget development and control.
  • Develop and sustain good working relationships with stakeholder e.g. Banks, Suppliers, investors etc

Qualifications & Experience

• Bachelor of  Commerce (Finance option) or equivalent qualifications
• Masters in Finance/ accounting, or business management/ administration is of added advantage
• CPA(K)/ACCA holder
• CFA(I/II) Holder (added advantage)
• Management/Leadership certification
• 5-years' relevant work experience in accounts & finance in management within a reputable organization

Skills & Competencies Required

• Accounting and numeracy skills
• Effective communication - verbal, written and PPT
• Accuracy and decision making
• Analytical
• Cash flow management skills
• Problem solving skills & initiative
• Leadership and emotional intelligence skills
• Resources management skills
• Learning & self-improvement
• Ability to work as part of a team
• Reliability to work under pressure to meet deadlines
• ICT savvy
• Decision making
• Report writing and presentation skills

Expected Performance Standards

• Provide accurate & timely Finance and Accounting monthly reports by the 5th of every month
• Ensure accurate financial information is recorded on the  Hospital Management Information System (HMIS) at all times
• Ensure credit receivables days is kept within target of <90 days
• Provide monthly budgets & budget variance is kept below 5%
• Ensure 6 monthly external audits are performed
• Ensure adequate supplies are available in the hospital and all stocks are properly managed
• Ensure ICT systems are functional, updated and backed up at all times