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Require a Chief Financial Officer in Nairobi , Kenya

TestHiring


Job Location:

Nairobi - Kenya

Monthly Salary: Not provided by the employer
Experience Required: 10years
Posted: 4 September 2026 (12 days ago)
Application Deadline: 2 December 2026
Vacancies: 1 Vacancy

Job Summary

Financial Leadership

  • Provide strategic financial leadership to the hospital.
  • Advise Management and the Board on financial performance and business sustainability.
  • Lead budgeting forecasting and financial planning processes.
  • Ensure accurate and timely financial reporting.

Profitability and Business Performance Analysis

  • Analyse the profitability of all hospital services and departments.
  • Determine the true cost of providing services and compare this against revenue generated.
  • Identify services contracts or insurance schemes that generate losses or low margins.
  • Provide recommendations on service expansion pricing reviews outsourcing or discontinuation of unprofitable services.
  • Analyse bed occupancy patient volumes and workforce costs against revenue performance.

Revenue Growth and Revenue Protection

  • Drive initiatives aimed at increasing hospital revenue.
  • Identify and eliminate revenue leakage across all departments.
  • Ensure all services provided are accurately billed and collected.
  • Establish controls to ensure charges cannot be altered without proper approval.
  • Improve revenue capture across inpatient outpatient laboratory theatre pharmacy and other service areas.

Pricing and Commercial Strategy

  • Conduct regular market analysis and pricing reviews.
  • Benchmark hospital charges against competitors and market trends.
  • Recommend pricing adjustments that support profitability while remaining competitive.
  • Evaluate insurance contracts SHA packages and corporate arrangements to ensure financial viability.

Claims and Billing Management

  • Strengthen SHA and insurance claim management processes.
  • Minimize claim rejections and delayed reimbursements.
  • Ensure timely submission follow-up and collection of claims.
  • Improve billing accuracy and minimize billing disputes.
  • Lead end-to-end optimization of SmartCare billing and revenue cycle processes.

Cash Flow and Credit Control

  • Improve cash flow management across the hospital.
  • Monitor debt collection from insurance companies corporates and other debtors.
  • Minimize overdue receivables and improve collections.
  • Ensure timely settlement of financial obligations while maintaining healthy cash reserves.

Procurement and Cost Control

  • Strengthen procurement controls and approval processes.
  • Ensure spending aligns with approved budgets.
  • Promote value for money in all procurement activities.
  • Support inventory and expenditure management initiatives.

Internal Controls Risk and Compliance

  • Strengthen financial controls and accountability.
  • Implement recommendations arising from internal and external audits.
  • Maintain effective risk management systems.
  • Ensure compliance with hospital policies statutory requirements and regulatory obligations.

Leadership and Team Development

  • Lead and mentor the Finance Billing Claims Credit Control and Procurement teams.
  • Build a culture of accountability integrity and continuous improvement.


Requirements
  • Bachelors Degree in Finance Accounting Commerce Economics or a related field.
  • CPA(K) qualification and membership in good standing.
  • Masters Degree will be an added advantage.
  • At least eight (8) years of progressive finance experience with at least five (5) years in a senior leadership position.
  • Experience in healthcare finance will be a strong advantage.
  • Demonstrated experience in financial analysis budgeting cash flow management claims management pricing analysis and business performance evaluation.
  • Strong understanding of SHA insurance claims revenue cycle management and hospital operations.
  • Excellent analytical leadership and decision-making skills.



Required Skills:

Qualification: MBA/PGDM from reputed B-school. Experience: 20 years in corporate sales institutional leasing or real estate investment. Requirements: Proven success in closing large deals and strong industry networks. Remuneration will be commensurate with qualifications and experience.


Required Education:

MBA/ PGDM