Title: Finance Manager
Job Description: The Finance Manager is responsible for overseeing the financial operations of maternal health care and child health care hospitals. They play a crucial role in ensuring the financial stability and sustainability of the organization by managing budgets, financial planning, and reporting. The Finance Manager works closely with the hospital management team to make informed financial decisions and provide strategic recommendations.
Responsibilities: 1. Financial Planning and Budgeting: - Develop and implement financial plans and budgets in collaboration with the hospital management team. - Monitor and analyze financial performance against budgets and provide regular reports to the management team. - Identify areas of financial improvement and recommend strategies to optimize financial resources.
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Financial Reporting and Analysis: - Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements. - Conduct financial analysis to identify trends, variances, and potential risks. - Provide financial insights and recommendations to support decision-making processes.
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Financial Operations Management: - Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and general ledger. - Ensure compliance with financial regulations and internal policies. - Implement and maintain effective financial control systems to safeguard hospital assets.
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Grant and Fund Management: - Manage grants and funding received by the hospital, ensuring compliance with donor requirements. - Prepare financial reports for grantors and funding agencies. - Monitor grant expenditures and ensure proper documentation and reporting.
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Financial Forecasting and Risk Management: - Conduct financial forecasting and modeling to support long-term financial planning. - Identify and assess financial risks and develop strategies to mitigate them. - Monitor and manage cash flow to ensure adequate liquidity for hospital operations.
Qualifications: - Bachelor’s degree in finance, accounting, or a related field. A master’s degree is preferred. - Professional certification such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) is an advantage. - Proven work experience as a Finance Manager or in a similar role, preferably in the healthcare industry. - Strong knowledge of financial management principles and practices. - Proficiency in financial software and advanced MS Excel skills. - Excellent analytical and problem-solving abilities. - Strong attention to detail and accuracy. - Effective communication and interpersonal skills.
Note: The job description provided above is a general outline of the responsibilities and qualifications typically associated with the role of a Finance Manager in maternal health care and child health care hospitals. The specific duties and requirements may vary depending on the organization’s size, structure, and specific needs.
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