Finance Manager Job in Kenya

 Job Title: Finance
Manager

Hiring Organization: Tenwek
Hospital
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Healthcare
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 01/30/2024

Reporting
to the Finance Director, the successful candidate will be responsible for
managing the finance department and ensure implementation of sound accounting,
budgeting and financial control policies, systems and procedures in line with
International Accounting Standards and the hospital’s objectives. The position
will also be responsible for the financial and accounting oversight at Tenwek
Hospital College.

Key
Responsibilities and Duties


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;
4.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 central 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; 12.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 19.Any other
responsibilities that may be assigned to the job holder by the supervisor from
time to time.

Qualifications,
Knowledge, and Skills

Bachelor’s
degree in Business Administration, Economics, Finance or other business related
fields from a recognized institution.

Must be a
qualified accountant with relevant professional qualifications such as
Certified Public Accountant (CPA-K) or ACCA.Minimum of 8 years accounting
experience with 5 years at management level. Experience in healthcare sector
will be an added advantage.

Core
Competencies

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.

Preparation
of Financial Statements.

Knowledge
of regulatory requirements and regulations related to the health care sector.

Sound
knowledge of macroeconomic and microeconomic environment.

Working
knowledge of financial information management systems

Demonstrated
ability to engage and influence senior level leaders regarding key business
priorities, issues and initiatives.

Communication
skills including presentation and facilitation skills.

Must be a
born again and committed Christian with evidence of maturity in faith.

How To
Apply

If you
are interested in any of these challenging opportunities, send your application
letter with a detailed CV and Statement of Faith* addressed to:

The Human
Resources & Administration Director Tenwek Hospital
P.O. Box 39 – 20400
BOMET

Applications
should be sent directly through recruit@tenwekhosp.org by
2nd February 2024 with the position being applied for as subject line.
Only shortlisted applicants will be contacted. We do not charge any fee for
receiving your CV or for interviewing and all communications will be done
through official line and email.

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