King Faisal Hospital, Rwanda, “A center of excellence in health service provision, clinical education and research”. This is an exciting time for King Faisal Hospital, Rwanda as we embrace a new strategic direction. The hospital has continued to grow due to its positive reputation for authentic compassionate health care and highly skilled medical practitioners, especially in specialized surgical and medical services.

King Faisal Hospital Kigali is looking for suitable candidate to fill the following position. 

 A Bachelor’s degree in Finance, Accounting, Business Administration, or a related field is essential. Advanced degrees such as MBA or a Master’s in Finance provide added advantages.
Professional Certification: Certified Public Accountant (CPA) or Association of Chartered Certified Accountants (ACCA) certification is a must-have.
Experience:  Minimum of Eight (8) years of progressive financial management experience, with at least 5 years in a leadership or managerial role.
Skills and abilities:
Leadership Skills:  Strong leadership abilities, including team management, mentoring, and fostering a culture of financial excellence within the finance department.
Healthcare Finance Expertise:  Extensive knowledge and understanding of healthcare finance, including reimbursement methodologies, healthcare economics, and regulatory compliance within the healthcare industry.
Strategic Planning: 
Proven experience in developing and executing financial strategies aligned with organizational goals, driving financial sustainability and growth.
Regulatory Compliance: 
Thorough understanding of healthcare financial regulations, compliance standards, and reporting requirements
Financial Management: 
Proficiency in financial planning, budgeting, forecasting, and analysis, ensuring efficient utilization of resources and maximizing financial performance.
Financial Reporting: 
Ability to generate accurate, timely, and comprehensive financial reports, providing insights for informed decision-making and regulatory compliance.
Risk Management: 
Skillfulness in identifying and mitigating financial risks and implementing strategies to safeguard the hospital’s financial stability.
Stakeholder Communication: 
Excellent communication and interpersonal skills to liaise with diverse stakeholders, presenting financial information and strategies effectively.
Analytical Acumen: 
Strong analytical skills to interpret complex financial data, evaluate trends, and provide recommendations for improvements or optimizations.
Ethical Standards: 
Commitment to upholding ethical standards in financial practices, ensuring transparency and integrity in all financial dealings.
Change Management: 
Ability to adapt to evolving financial landscapes, embracing innovation and leading financial transformation initiatives within the hospital. 
Key Responsibilities:                                     
1.     Team Leadership and Development:
Manage finance department staff, providing guidance and mentoring to foster professional growth.
Conduct performance evaluations; provide feedback, and support staff development and training initiatives.
Provide ongoing coaching, mentorship, and performance evaluations to ensure staff effectiveness and productivity.
Foster a collaborative and productive work environment.
2.     Inventory Management:
o   Leads the hospital’s inventory management unit, overseeing the tracking, control, and optimization of inventory levels.
o   Collaborate with supply chain and procurement teams to manage inventory costs and minimize wastage.
o   Implement and enforce best practices for inventory management to support clinical operations.
3.     Financial Accounting:
Direct the financial accounting team responsible for maintaining accurate and compliant financial records.
Ensure adherence to international financial reporting standard (IFRS) and healthcare-specific accounting standards.
Review and approve payments, refund and petty cash replenishment.
Oversee the preparation of financial statements, management accounts, and other relevant reports in the finance division.
4.     Financial Planning and Analysis (FP&A):
Develop and execute financial strategies and plans to achieve the hospital’s financial objectives.
Conduct comprehensive financial analysis, including variance analysis, trend analysis, and forecasting, to provide actionable insights to senior management.
Collaborate with division heads to develop and monitor divisions’ budgets.
5.     Reporting:
Prepare comprehensive financial reports for internal and external stakeholders, including the hospital’s board of directors.
Ensure compliance with regulatory reporting requirements and adhere to reporting deadlines.
Present financial data and insights to senior leadership.
6.     Compliance and Regulatory Oversight:
Ensure the hospital’s financial operations comply with all applicable laws, policies and regulations, and healthcare industry standards.
Manage and coordinate with internal and external audits, responding to auditor inquiries and implementing audit and Board recommendations
7.     Collaboration with the Revenue Assurance Director:
Work closely with the Revenue Assurance Director to align financial and revenue assurance strategies and initiatives.
Collaborate on revenue cycle optimization, identifying opportunities to improve recovery and minimize revenue leakage.
8.     Cash Flow Management:
Oversee the management of the hospital’s cash flow, including cash flow projections, investment strategies, and debt management.
Implement policies and procedures to safeguard cash and optimize cash utilization.
9.     Cost Control and Expense Management:
Identify opportunities for cost control and efficiency improvements across the hospital.
Collaborate with department heads to analyze and optimize resource allocation
10. Financial Strategy and Planning:
Provide financial expertise and insights to support the hospital’s strategic planning process.
Assess the financial feasibility of strategic initiatives, capital projects, and expansion plans.
11. Other responsibilities
Review and approve the monthly payroll.
Review and approve computation and accuracy of all taxes.

Join us and take on the challenge to provide Patient Cantered Care!

How to Apply? 

Submit your application through the links below:

Qualified candidates should send their Cover letter, Curriculum vitae, academic credentials, Copy of National ID and recommendation letter(s) from previous employer(s) addressed to the Chief Executive Officer to the above mentioned link by March 27th 2024.                                                                                                                                          

KFH, R is proud to be an Equal Opportunity Employer. We offer a competitive compensation and benefits package.                                                                                                                                          


Chief Executive Officer

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