We are recruiting to fill the position below:
Job Title: Chief Financial Officer (CFO)
Location: Gwarinpa, Abuja
Employment Type: Full-time
Department: Finance
Reports To: Chief Executive Officer (CEO)
Job Summary
- We are seeking an experienced and strategic Chief Financial Officer (CFO) to oversee the financial operations of our hospital.
- The CFO will be responsible for financial planning, budgeting, financial reporting, risk management, revenue optimization, and ensuring the hospital's financial sustainability.
- The ideal candidate will possess strong leadership skills, extensive healthcare finance knowledge, and a proven track record of driving financial performance.
Key Responsibilities
Financial Strategy & Planning:
- Develop and implement the hospital's financial strategy in alignment with organizational goals.
- Lead annual budgeting, forecasting, and long-term financial planning processes.
- Provide financial insights and recommendations to the CEO and Board of Directors.
- Monitor financial performance and identify opportunities for growth and cost optimization.
Financial Management & Reporting:
- Oversee the preparation and presentation of monthly, quarterly, and annual financial reports.
- Ensure accurate financial record-keeping and compliance with applicable accounting standards.
- Manage cash flow, working capital, and capital expenditure planning.
- Analyze financial data and provide actionable recommendations to improve profitability and efficiency.
Revenue Cycle & Cost Management:
- Oversee billing, collections, insurance claims, and revenue cycle management.
- Develop strategies to improve revenue generation and reduce financial leakages.
- Monitor departmental budgets and ensure effective cost control measures.
Compliance, Risk & Governance:
- Ensure compliance with healthcare regulations, financial laws, and tax requirements.
- Lead internal and external audit processes.
- Develop and maintain robust financial controls and risk management frameworks.
- Ensure adherence to corporate governance policies and procedures.
Leadership & Stakeholder Management:
- Lead, mentor, and develop the finance team.
- Collaborate with department heads to support operational and strategic objectives.
- Build and maintain relationships with banks, auditors, regulatory bodies, and other stakeholders.
- Participate in executive leadership meetings and strategic decision-making.
Key Performance Indicators (KPIs)
- Budget adherence and financial performance.
- Revenue growth and collection efficiency.
- Cash flow management effectiveness.
- Audit and regulatory compliance outcomes.
- Cost reduction and operational efficiency improvements.
- Timely and accurate financial reporting.
Requirements
Education:
- Bachelor's Degree in Accounting, Finance, Economics, or a related field.
- MBA, Master's Degree in Finance, or related discipline is an added advantage.
- Professional certification such as ACA, ACCA, ICAN, CFA, or equivalent is required.
Experience:
- Minimum of 15 years of experience in a senior finance leadership role, preferably within a hospital, healthcare organization, or related sector.
- Proven experience in financial planning, budgeting, forecasting, and financial analysis.
- Experience managing audits, compliance, and risk management processes.
- Group Head, managing multiple locations
- Experience in managing Corporate Expansion and Corporate Financing.
- Past experience in corporate funding, to a level of not less than $20m, including appropriate application of such funds, as the CFO.
- Experience in Corporate investment of funds and resources
Skills & Competencies:
- Strong knowledge of healthcare finance and hospital revenue cycle management.
- Excellent financial analysis and strategic planning skills.
- Strong leadership and team management abilities.
- Proficiency in financial management systems and Microsoft Office Suite.
- Excellent communication, negotiation, and stakeholder management skills.
- High level of integrity, professionalism, and attention to detail.
Working Hours:
- The role requires work from Monday to Saturday, with Saturday being a half-day.
- All Public Holidays will also be observed as half-day working days.
Salary
Competitive and commensurate with experience.
Application Closing Date
Not Specified.
Interested and qualified candidates should send their CV to: apply@alfred-victoria.com using the Job Title as the subject of the mail.
Note: If your competence, career goals and aspirations are in alignment with the requirements of this job role, kindly apply.