KEY RESPONSIBILITIES:

• Finance Planning and Budget Management Duties:

• Lead the development, implementation, and monitoring of annual budgets in collaboration with departmental managers.
• Prepare financial forecasts, projections, and cash flow plans to support operational and strategic objectives.
• Monitor budget utilization and provide variance analysis with recommendations for corrective actions.
• Support management in evaluating investment opportunities, capital expenditures, and financial risks.
• Develop financial strategies that enhance organizational sustainability and profitability.

• Accounting and Finance Reporting Duties:

• Oversee all accounting functions, including accounts payable, accounts receivable, payroll, fixed assets, and general ledger management.
• Ensure timely preparation of monthly, quarterly, and annual financial statements and management reports.
• Review financial transactions and accounting records to ensure accuracy, completeness, and compliance with accounting standards.
• Maintain accurate financial records and supporting documentation.
• Coordinate month-end and year-end closing activities.

• Treasury and Cash Management Duties:

• Monitor cash flow and liquidity requirements to ensure smooth hospital operations.
• Manage banking relationships and oversee cash management activities.
• Ensure timely payment of suppliers, employees, taxes, and other financial obligations.
• Monitor revenue collection processes and implement measures to improve cash flow and financial performance.
• Oversee investment and fund management activities as directed by management.

• Internal Control and Compliance Duties:

• Develop, implement, and maintain effective financial policies, procedures, and internal control systems.
• Ensure compliance with Ethiopian tax laws, financial regulations, and organizational policies.
• Coordinate internal and external audits and facilitate the implementation of audit recommendations.
• Monitor financial risks and establish appropriate mitigation measures.
• Ensure proper safeguarding of organizational assets and financial resources.

• Leadership and Administrative Duties:

• Lead, supervise, mentor, and evaluate finance and accounting staff.
• Assign duties, monitor performance, and support staff development initiatives.
• Foster a culture of accountability, professionalism, and continuous improvement within the finance department.
• Participate in executive and management meetings, providing financial advice and recommendations.
• Prepare and present financial reports to senior management and stakeholders.

• Revenue Cycle and Financial Performance Management Duties:

• Monitor hospital revenue streams, billing processes, collections, and financial performance indicators.
• Analyze financial data and provide management with insights and recommendations for improving efficiency and profitability.
• Develop and track key financial performance metrics.
• Support departmental managers in cost control and financial decision-making.

• Other Duties as Required:

• Participate in strategic planning, accreditation, quality improvement, and organizational development initiatives.
• Support procurement, operational, and investment decisions through financial analysis.
• Perform other duties assigned by the Chief Executive Officer or General Manager.

REQUIRED MINIMUM QUALIFICATIONS:

• Bachelor's Degree in Accounting, Finance, Accounting and Finance, Business Administration, or a related field.
• Minimum of five (5) years of progressive experience in finance and accounting, with at least two (2) years in a managerial or supervisory position.
• Professional certification such as ACCA, CPA, CMA, or equivalent is highly desirable
• Experience in healthcare, hospital, or related service industries is highly preferred.

KNOWLEDGE, SKILLS AND ABILITIES:

• Strong knowledge of financial management, accounting principles, budgeting, taxation, and financial reporting.
• Thorough understanding of Ethiopian tax regulations, financial laws, and compliance requirements.
• Strong analytical, financial modeling, and problem-solving skills.
• Excellent leadership, team management, and decision-making abilities.
• Proficiency in accounting software, ERP systems, and Microsoft Office applications, particularly Excel.
• Excellent communication, presentation, and report-writing skills.
• Strong organizational skills and attention to detail.
• High level of integrity, confidentiality, and professional ethics.
• Ability to work under pressure, meet deadlines, and manage multiple priorities effectively.
• Strong business acumen and strategic thinking capability.