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Senior Finance Officer

--EHA Clinics Limited--

 Senior Finance Officer – Job Description


Job Title:

Senior Finance Officer

Department:

Finance, EHA Clinics

Division:

EHA Clinics

Reports to:

Chief Finance Officer

Location:

Abuja or Kano (Some travel may be required for meetings and other ad hoc activities) 


Who we are: EHA Clinics, a subsidiary of eHealth Africa,  is a chain of clinics spread across Nigeria that provides innovative and technology-driven healthcare to the population. EHA Clinics currently boasts of three Clinics located in Abuja and Kano and is working to expand to other parts of Nigeria. EHA Clinics uses state of the art equipment to bridge the gap in the provision of high-quality diagnostics and healthcare through routine services (general consultations, laboratory investigations, pharmaceuticals, annual medical checks, child wellness checks, ultrasonography...etc) and specialized services (telemedicine, medical evacuation, home care, dental care, ophthalmology, and radiology).


Within every clinic location, EHA Clinics simultaneously implements a Community Health Program which utilizes an innovative financing mechanism to promote universal health coverage and access for the low-income, uninsured and underserved population through a low-cost, pro-poor prepayment scheme.  These programs form the basis of care EHA Clinics provide, catering to different cadres of the population based on economic profiles.

Summary of Job: The Senior Finance Officer is responsible for all aspects of financial management of the clinic’s projects and day-to-day activities, ensuring compliance with the organization’s policies and procedures as well as the parent organization’s regulations.

The Senior Finance Officer will also design the yearly budget and plan for the organization, under the supervision of the Chief Finance Officer.

Essential Duties and Responsibilities: To perform this role successfully, the Senior Finance Officer will perform the following responsibilities in relation to all clinics which will include but are not limited to:

Core Tasks

  • Maintains specified clinics financial records; maintains and reconciles account ledgers; maintains and enters monthly journal entries, maintains and reconciles bank accounts Analyzes accounts to trace discrepancies or errors, and suggest ways to improve efficiency and spending

  • Apply basic accounting knowledge and techniques to all areas of work, including routine costing and variance analysis

  • Assist in clinic's compliance with established policies and regulatory standards, including safety, environmental and legal requirements, and policies and procedures, both internal and external

  • Produce error-free accounting reports and present their results

  • Management of financial operations in all branches of EHA Clinics and affiliated programs, in accordance with the company’s policies; including systems for cash flow management, consolidation of accounting information, internal controls, and financial reporting 

  • Train and supervise finance staff in the organization.

  • Maintain banking relations, plan and monitor company cash flow requirements to ensure the smooth running of the clinics

  • Prepare monthly standard accounting submissions to the Management, for review by the Finance and Administration Manager, including general ledger files, account reconciliations, expenditures by cost center/project, as well as other financial information in a timely and accurate manner

  • Direct internal and external audits to ensure compliance

  • Analyze and report fiscal activity, make recommendations and take appropriate action to reduce the cost of providing services

  • Prepare monthly management reports to the Business and Admin Manager and Senior Management as required, including detailed profit and loss statements, expenditures by cost center, and other financial information, in a timely and accurate manner

  • Support Business and Admin Manager in preparation of ad hoc reports for presentation to stakeholders 

  • Assist Business and Admin Manager in developing annual budgets 

  • Analyze financial information and summarize financial status

  • Review and recommend modifications to accounting systems and procedures

  • Participate in financial standards setting and in the forecast process

  • Provide input into the department’s goal-setting process

  • Assist with tax audits and tax returns

  • Direct month-end and year-end close process

  • Collaborate to develop and document business processes and accounting policies to maintain and strengthen internal controls

  • Ensure compliance with GAAP principles

  • Liaise with our Chief Financial Officer and Business and Admin Manager to improve financial procedures

  • Other duties as assigned

Key Skills and Attributes: 

  • Excellent communication skills

  • Leadership and teamwork

  • Time management and organization

  • Proven experience as a Financial Controller, Accounting Supervisor, chief or Senior Accountant

  • Thorough knowledge of basic accounting procedures

  • In-depth understanding of Generally Accepted Accounting Principles (GAAP)

  • Awareness of business trends

  • Familiarity with financial accounting statements

  • Experience with general ledger functions and the month-end/year-end close process

  • Hands-on experiences with accounting software packages, like FreshBooks and QuickBooks

  • Advanced MS Excel skills including Vlookups and pivot tables

  • Accuracy and attention to detail

  • Aptitude for numbers and quantitative skills

  • BS degree in Accounting, Finance or relevant

  • Relevant certification (e.g. CMA or CPA) will be preferred


Work Experience: S/he will be required to have had related and progressive experience in healthcare human capital management. 


Qualifications & Training

  • Bachelor degree/B.COM/or equivalent in accounting or finance is required

  • Advanced knowledge of Accounting ERP packages

  • A minimum of five years of progressive financial management experience is required

  • Professional qualification in accountancy such as CFP, ANAN, ACCA, ICAN is an added advantage

  • A minimum of three years of experience from a healthcare organization is preferred

  • Demonstrated experience and skills with budget preparation and analysis, financial reporting preparation and presentation, and the proven ability to translate technical financial data into informative reports

  • Strong accounting skills and experience, including the management of general ledger, journal entries, payroll, payables, and balance sheet

  • Advanced computer skills in Google Suite programs, particularly Google Sheet

  • Prior staff supervisory experience and strong organizational skills are desired

  • Excellent oral and written English skills

  • Previous knowledge of Odoo will be an advantage


Salary: 

Competitive salary scale based on surveys from top private hospitals in Nigeria. Salary is negotiable but performance-based. 

Other Benefits

The following benefits are available with this offer of employment:

Health Insurance: EHA Clinics will cover medical expenses for yourself, your spouse, and up to two dependents. Further details are contained in the Nigeria Addendum to the EHA Clinics Employee Handbook.  

Group Life Assurance: EHA Clinics provides life insurance for you as our employee. This insurance is payable in the event of your death. The effective date of coverage will be upon successful completion of your probationary period.

Group & Personal Accident: EHA Clinics provides Accidental Death and Dismemberment Insurance (ADD) for you as our employee. AD&D covers death by accidental means (rather than natural causes) and dismemberment. The effective date of coverage is your hire date.

Pension: EHA Clinics supports employee retirement preparation and investment by paying a 10% pension contribution on top of the statutory pension contribution of 8% that is already factored into your salary.

Annual Leave: You are entitled to 21 days paid annual leave accrued at 1.75 days/month. Employees may begin scheduling leave with their direct supervisor upon successful completion of their probationary period.