Finance Manager (Chartered Accountant) at EMEL

Job Summary


The Finance Manager will oversee the financial operations of the hospital, ensuring efficient financial management, regulatory compliance, and sustainability.
The role requires a Chartered Accountant with strong corporate and healthcare finance experience, responsible for managing budgeting, revenue cycles (including NHIS, HMOs, and private billing), financial reporting, and strategic financial planning.


Key Responsibilities


Prepare and present monthly, quarterly, and annual financial reports to management
Develop and manage the hospital's budgets, forecasts, and financial plans
Oversee revenue cycle management, including NHIS, HMOs, retainerships, and private patient billing
Monitor income streams and expenditure, ensuring optimal cost control and revenue optimization
Ensure compliance with healthcare regulations, tax laws, and financial standards
Manage cash flow, banking relationships, and financial risk
Supervise billing, collections, and reconciliation processes across departments
Coordinate internal and external audits, ensuring transparency and accountability
Implement and enforce financial policies, controls, and standard operating procedures (SOPs)
Provide financial insights and advisory support for strategic decision-making and service expansion
Collaborate with clinical and administrative teams to improve financial efficiency and service delivery
Oversee procurement financial processes, including vendor payments and cost evaluations


Qualifications & Requirements


Bachelor's Degree in Accounting, Finance, or related discipline
Chartered Accountant (ACA, ACCA) - mandatory
7 - 10years' experience, preferably in a hospital or healthcare environment, with at least 3-5years in a managerial role
Strong knowledge of hospital billing systems, NHIS, HMO processes, and healthcare financial operations
Proficiency in accounting software, hospital management systems, and Microsoft Excel
Sound understanding of financial regulations and compliance in healthcare
Strong analytical, leadership, and problem-solving skills


Key Competencies:


Healthcare Financial Management
Revenue Cycle Management (NHIS/HMOs)
Financial Reporting & Analysis
Cost Control & Budgeting
Leadership & Team Management
Compliance & Risk Management
Strategic Thinking & Decision Support.