Friday, March 22 2024

Duty Station:
Within Uganda , Kampala, East Africa

Summary
Date Posted: Wednesday, March 13 2024, Base Salary: Not Disclosed

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JOB DETAILS:
Main Purpose of the Job- (Job Summary)
The role is responsible for planning and monitoring the implementing of the Hospital’s financial strategies, analyzing prices and costs of the Hospital services and supplies, providing accurate and timely financial information to management, and providing insights to support effective decision-making within the hospital in line with the Hospital policies and procedures

Main Responsibilities
1. Preparing and analyzing the Hospital financial reports, such as cost reports, variance reports, and profitability reports in line with the Hospital Financial Manual
2. Developing and implementing cost control measures, such as standard costing, variance analysis, and budgeting

3. Monitor the preparation of the Hospital annual budgets, periodic financial forecasts and monitor budget performance on a regular basis in line with the Hospital Financial Manual
4. Prepare regular financial reports for management, highlighting key performance indicators and financial metrics in compliance with accounting standards and regulatory requirements

5. Work closely with department heads to develop financial plans aligned with the hospital’s strategic objectives
6. Collaborate with relevant departments to streamline financial processes and improve efficiency inline with the best practices for financial management within the hospital

7. Establish and maintain a robust cost accounting system for the Hospital to accurately allocate costs across departments and services, monitor and analyze cost trend as per the Hospital mission and strategic objectives

8. Monitor the implementation of the Hospital Financial Controls, regularly carry out risk assessments and mitigate financial risks as per the Hospital mission and strategic objectives
9. Coach and mentor the Hospital staff in matters regarding the cost accounting and regularly make staff performance report to management as per the Hospital performance management guidelines

Ethical Conduct:
1. Act always in such a manner to promote and safeguard the interest Hospital
2. Perform all duties in accordance with all Hospital policies & procedures

3. Maintenance of a safe and acceptable environment for patients and staff and taking appropriate action to ensure reporting incidents/ accidents/ complaints.
Health &Safety:
1. Ensure compliance with all health and safety regulations according to hospital policies.
2. Monitor sanitation practices to ensure that employees follow standards and regulations.

3. In case of an accident or injury, seek medical attention immediately.
4. Report and document all incidences and near misses.

Confidentiality:
1. In the performance of the duties outlined in this Job Description, the post-holder may have access to confidential information relating to the Hospital, Practice staff and other healthcare workers. They may also have access to information relating to the Practice as a business organisation. All such information from any source is to be regarded as strictly confidential
2. Information relating to the Hospital and employees, may only be divulged to authorised persons in accordance with the Practice policies and procedures relating to confidentiality and the protection of personal and sensitive data.

Required Minimum Qualification:
Applicants should be holding:
• Minimum of an honors Degree in Commerce or Business Administration or Finance and other relevant courses from a recognized University
• Possession of ACCA or CPA or ACIB and other relevant professional qualification
• Membership to a professional association (s) is a must
• A Master’s qualification in any of the courses above is an added advantage

Relevant Experience
• Minimum of six (6) years experience in management accounting in an environment similar to St.Francis Hospital Nsambya with at least four (4) years in supervisory position from a reputable Institution

Key Competencies:
He/she should have the following core competencies:
1. Financial Management and Accounting
2. Financial Risk assessment and Management
3. Stakeholder Analysis and Management
4. Communication
5. ICT Skills
6. Data Management and Analysis