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Director, Financial Services
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National Hospital Insurance Fund (NHIF)
Kenya, Nairobi
Fulltime
REF: NHIF/DFS/003/23
Reporting to the Chief Executive Officer, the successful candidate will establish, maintain and provide leadership on sound financial management to include budget, investments and liabilities.
JOB PROFILE
Leadership And Advisory
Lead and develop a team of finance professionals within the finance directorate.
Lead in the development and management of the ERP finance and accounting system
Oversight general program activities inventory management, staff advances, cash and bank management.
Provide technical advice to management and staff on financial compliance of statutory and legal requirements.
Oversee the interpretation and implementation of government policies in accordance with the
PFM Act.
Lead and coordinate tax returns to ensure compliances, information reporting and other statutory requirements and advise the Chief Executive Officer and the Board on effective strategies for minimizing tax liability;
Interpret financial reports, statements, accounting records and advice the CHIEF EXECUTIVE OFFICER on the significance of the same.
Oversee timely preparation of annual work plans and budget estimates.
Lead in presenting proposed budgets to the Board, Treasury Officials and Donor Agencies as appropriate.
Financial Policies and Systems
Develop and install effective financial management systems and procedures to improve financial reporting and accounting in collection of member contributions.
Establish stringent expenditure control ensuring that budgetary allocations are not exceeded without justifiable cause;
Develop and implement computerized financial information systems to include general ledger, job costing and fixed assets management register.
Financial Monitoring and Tracking
Prepare financial statements and other reports to summarize current and projected financial position including healthcare providers’ account reconciliations.
Monitor and track the utilization of capital and operational expenditure against approved plans.
Coordinate and monitor the NHIF’s investment of surplus funds and implement effective strategies for managing working capital and expenditure programs;
Manage the cash flow and funding for smooth operations.
Key competencies
Risk Management skills to understand the source of risk, evaluate and their mitigation.
Ability to assess and facilitate change.
Takes critical and methodical approach when problem solving
Leads others, manages resources and delegates effectively.
Methodical approach to problem-solving.
Business skills to understand business operations and ethical issues.
Strong interpersonal and communication
Stakeholder management.
Person Specifications
For appointment to this grade, an officer must have:-
At least fifteen (15) years’ work experience five (5) of which should be in Senior management;
Masters degree in Business Administration (MBA) or related field from a recognized Institution;
Bachelors degree from a recognized Institution;
Certified Public Accountant CPA (K) or ACCA (UK) or equivalent qualification;
Membership to ICPAK or relevant professional body;
Leadership and Management course lasting for not less than 4 weeks from a recognized Institution;
Fulfill of the requirement of chapter 6 of the constitution.
Finance
Accounting
Audit
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