NHIF – Director, Financial Services.

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DIRECTOR, FINANCIAL SERVICES

REF NO. NHIF/DFS/002/20

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 CEO and the Board on effective strategies for minimizing tax liability;
  • Interpret financial reports, statements, accounting records and advice the CEO 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 Competences

  • 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.

The ideal candidate should possess the following:

  • A Bachelors with a Master’s Degree in any of the following fields; Accounting, Business, Finance, or Economics from a recognized university;
  • A CPA (K), or ACCA (UK), or CFA and a member in good standing of a professional body.
  • Minimum twelve (12) years’ relevant work experience, four (4) of which is in a managerial role.
  • Experienced in leading through coaching, mentoring a team of staff with a deep understanding of business operations in healthcare sector
  • Ability to create and manage strong relationships with both internal and external customers

http://www.nhif.or.ke/healthinsurance/uploads/careers/Vacant_Senior_Management_Positions_11.09_.2020_.pdf

HOW TO APPLY

We appreciate your application and advise that only shortlisted candidates shall be contacted and invited for interview. Each application should be accompanied by a detailed Curriculum Vitae, copies of relevant academic and professional certificates, testimonials, national ID and other relevant supporting documents and submitted through snrrecruitment@nhif.or.ke to The Chief Executive Officer by 16th September, 2020.

All applications should be clearly marked “Position Title and Reference Number on the subject line.

Note:

Applicants are required to obtain clearance from the following bodies:

  • Kenya Revenue Authority;
  • Higher Education Loans Board;
  • Ethics and Anti-Corruption Commission;
  • Any of the Registered Credit Reference Bureaus; and
  • Directorate of Criminal Investigations (Police Clearance certificate).

http://www.nhif.or.ke/healthinsurance/careers

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