Finance Manager Job in Kenya

 Job Title: Finance
Manager

Hiring Organization: M.P.
Shah Hospital
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Healthcare
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 02/09/2024

M.P.
Shah Hospital is a modern 210-bed facility which is home to highly skilled and
experienced specialists and professional medical staff.

Duties
& Responsibilities:


Financial
Reporting: Warrant the availability of timely and accurate financial
reports for decision-making by seeing to it that all transactions are
captured and posted appropriately, all journals are maintained, and
reconciling transactions are posted on time for monthly and year-end
accounts closure. The position holder shall be responsible for the
management of the chart of accounts and the generation of financial
statements for the hospital as per the local and international accounting
reporting standards.

Reconciliations:
Drive consistency of information across different hospital platforms and
systems by leading regular reconciliations of bank accounts, cash, M.
PESA, Credit card transactions, and resolution of discrepancies. The
position holder shall also lead the reconciliation of the output from
different systems in the hospital (the financial information system, and
the hospital management information system) to enrich the quality of data
used for decision-making.

Petty
cash and cashflow management: Contribute to sustainable hospital
operations by preparing and maintaining cashflow forecasts and cashflow
reports and advising the CFO, the projects and accounts receivables, and
the payables team appropriately. The advice shared shall also include but
not be limited to maintenance of the hospital’s Investment portfolio in
treasury bills and bonds. The position holder shall also be responsible
for the management of the hospital’s petty cash.

Account’s
payables management: Deliver M.P Shah’s Hospital value proposition to her
trade and non-trade partners by leading the team in timely and accurate
preparation, processing of payments, and relevant remittances if any (e.g.
Withholding taxes). The position holder shall review all payments to trade
and non-trade Creditors for accuracy and completeness as per the set
internal control standards. He/she shall have the responsibility of
reviewing timely payments due to all consultant (private) doctors and
suppliers as per laid down agreements to continually improve the private
doctor’s engagement levels. Monthly Review of Junior payroll, passing
payroll JVs, and Reconciling all payroll control accounts including staff
loans.

Patient
Refunds Management: Deliver on M.P Shah’s commitment to providing a unique
patient experience and thus a high retention rate by processing timely and
accurate refunds due to patients as guided by the customer service
charter.

Protection
of Hospital’s Assets: Ascertain the true and fair view documented in the
financial statements by planning and executing the annual stock take
(Fixed assets and inventory items) in collaboration with relevant
divisions; The position holder shall coordinate the execution of the audit
processes by liaising with different teams to provide relevant information
and documentation required during the audit processes. The position holder
also oversees the disposal of assets as per laid down processes and procedures.

Compliance:
Warrant M.P Shah Hospitals compliance with all statutory obligations
relating to Payroll deductions by preparing and submitting accurate
relevant tax deductions and claims including but not limited to PAYE,
NHIF, and NSSF as guided by the law. This is to further prevent financial
loss to the hospital from fines and penalties.

Risk
Management: Uphold an M.P Shah Hospital way of accounting that emphasizes
commitment to internal controls, risk management, and high ethical
standards by ensuring that the principles and requirements of managing
risk are consistently adopted throughout the teams.

Performance
Management: Align the efforts of the assigned team by translating the
overall objectives and plans into actionable initiatives and effectively
sensitizing the team on what needs to be done to ensure accountability and
drive the execution of the plan.

Coaching
and Developing Others: Working closely with HR and the CFO, establish and
implement systems to attract, develop, engage, manage performance, retain
talented individuals, and create an environment where they can realize
their full potential and contribute to the delivery of an exceptional and
superior patient experience in addition to other divisional and
organizational goals.

Qualifications
& Requirements

Bachelor’s
degree in Accounting, Finance, Economics, or any other related field.

Professional
qualifications form either CPA-K or ACCA.

Minimum
Five (5) years’ experience in audit or finance.

Experience
fund/ grant accounting and working in the healthcare industry will be an
added advantage.

Conversant
with ERP System.

How To
Apply

Interested
and qualified candidates in the above position are encouraged to forward their
CVs and application letters to recruitment@mpshahhospital.org on
or before 20th February 2024.

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