Chief Financial Officer

Role Overview

Alfred & Victoria Associates is seeking an experienced Chief Financial Officer (CFO) to oversee the financial operations of their hospital. The CFO will be responsible for financial planning, budgeting, reporting, risk management, and ensuring the hospital's financial sustainability.

Responsibilities

• 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.
• 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.
• 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.
• 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.
• 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.

Requirements

• 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.
• Minimum of 15 years' 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.
• Experience managing multiple locations.
• Experience in 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.

Salary

Competitive and commensurate with experience.

How to Apply

Interested and qualified candidates should send their CV to apply@alfred-victoria.com using the Job Title as the subject of the mail.