Job Details
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Job Description
The Deputy CFO will oversee all planning, budgeting, reporting and compliance, and will be accountable for ensuring the accuracy and auditability of all financial transactions.
The Deputy CFO role will be very much a hands on, execution related position and will be responsible for the day to day functional finance accountabilities and responsibilities.
The Deputy CFO will also participate in such activities as: contract negotiations, vendor reviews, special projects, benchmarks and audits, root cause analysis and other assignments as assigned.
Duties & Responsibilities
- Accountable to oversee the business P&L and Balance Sheet accounts, financial performance and condition of LOB (line of business) mitigating risk by recommending solutions and proactively identifying emerging trends (exposures or opportunities)n to help achieve the strategic goals.
- Responsible for the financial operation of the hospital and physicians group practice.
- Responsible of planning cash management strategies.
- Training finance assistants and assist the CFO in hiring finance elated staff.
- Manage the preparation of annual financial budget, quarterly forecasting and month-end corporate reporting.
- Establish and maintain consistent methodologies for performing financial business reviews on effectiveness of the Service Provider relationship.
- Prepare monthly variance analysis reports and management reports.
- Partner with the Accounting Manager to ensure all entries are properly recorded and will be responsible for reviewing the financials before the books close.
- Support the CFO in formulating strategic and long term business plans and financial models.
- Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).
- Responsible for finalizing the annual statements, notes to the financials and liaising with the external Auditors in the finalization of the Audited Financial Statements.
- Support the CFO in maintaining relationship with banks and servicing the facility lines as available with them.
- Liaising with Internal Auditor and supporting the rectification of any Internal Audit finding related to the Finance Department.
- Coordinate audits and proper filing of tax returns.
Job Requirements
- BSc in Accounting/ Finance .
- Professional qualification (ACCA,CPA,CA ,CFA OR CMA)
- Masters degree preferred
- +10yrs exp in Financial Planning and Analysis, Finance or Accounting in healthcare filed preferred hospitals .
- + 3yrs exp in similar role
- Solid understanding of accounting reporting systems needed.
- Strong knowledge in IFRS and SOCPA standards.
- Advanced Excel skills, ability to work with lookups and pivot tables and excellent computer skills.
Must have excellent management and leadership skills