Job Title: Business Manager
Hiring Organization: Nairobi
Adventist hospital
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Healthcare
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 03/28/2024
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