Finance Manager

Job details

Contract Type

Description

Financial Management & Reporting:

  • Oversee preparation of financial statements, budgets, and forecasts.
  • Monitor hospital revenue, expenses, and cash flow to maintain financial stability.
  • Provide monthly, quarterly, and annual financial reports to the CEO and Board.

Budgeting & Forecasting:

  • Develop and manage the hospital’s annual budget.
  • Prepare cash flow forecasts to guide operational and strategic decisions.
  • Analyze budget variances and recommend corrective actions.

Financial Strategy & Planning:

  • Collaborate with the executive team to align financial planning with the hospital’s long-term goals.
  • Identify opportunities for cost-saving measures and sustainable growth.

Compliance & Audit Management:

  • Ensure financial operations comply with relevant laws, regulations, and donor requirements.
  • Coordinate both internal and external audits and implement audit recommendations.

Risk Management & Internal Controls:

  • Develop and implement financial policies and internal controls to safeguard hospital assets.
  • Assess and mitigate financial risks, ensuring continuity of operations.

Grant & Donor Funds Management:

  • Manage donor funding and grants, ensuring compliance with donor agreements.
  • Track fund utilization and prepare financial reports for donors and partners.

Team Leadership & Capacity Building:

  • Lead, mentor, and supervise the finance team.
  • Provide financial training to non-financial staff to enhance budget discipline.

Requirements

Qualifications & Experience:

  • Bachelor’s degree in Finance, Accounting, Economics, or a related field.
  • Professional certification (CPA, ACCA, CFA, or equivalent) is required.
  • A minimum of 7 years of experience in financial management, with at least 3 years in a managerial role, preferably in healthcare or the non-profit sector.
  • Solid understanding of financial management software and ERP systems.

Key Skills & Competencies:

  • Strong financial analysis, budgeting, and forecasting skills.
  • Knowledge of accounting principles, tax regulations, and healthcare financial models.
  • Experience with donor-funded projects and grant management.
  • High attention to detail and excellent organizational skills.
  • Ability to communicate complex financial concepts to non-financial stakeholders.
  • Leadership and team management skills with a collaborative mindset.


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