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 16th July 2024.
