To provide full-spectrum financial and team leadership to the Avenue Hospital Business Unit by overseeing its financial operations, supply chain, revenue cycle management, budgeting, internal controls, compliance, CAPEX deployment and strategic financial planning in order to ensure sustainable profitability, financial integrity, and alignment with the Group’s standards of Quality, Integrity, Respect, Passion, and Innovation.
Main Responsibilities
Budget and Reforecasting
- Lead the preparation and consolidation of the hospital’s annual operational and Capex budgets, working closely with departmental heads to ensure alignment with operational plans and strategic objectives.
- Support periodic reforecasts based on performance trends and changing business conditions.
- Monitor adherence to approved budgets and highlight significant deviations.
- Work with the strategic units to drive roll outs of budgetary initiatives to ensure budgets are achieved.
Financial Reporting & Analysis
- Prepare timely and accurate monthly management accounts and variance analysis.
- Monitor departmental financial performance and enforce accountability.
- Ensure completeness and accuracy of expense recognition by enforcing timely PO receipting and reviewing month-end accruals.
- Evaluate and analyse capital expenditure proposals, ensuring alignment with hospital strategy and financial feasibility.
- Monitor the performance of existing projects against financial models, including ROIC and payback period.
- Ensure compliance with IFRS and Group standards.
Capital Planning, Reporting & Project Performance
- Prepare papers for capital projects and other financial approvals.
- Develop robust business cases including: ROI analysis, IRR and payback calculations, Sensitivity analysis and Risk assessment.
- Track and report post-investment performance against approved projections.
- Maintain capital expenditure register and performance dashboards.
- Monitor internally raised capital deployment to ensure governance and return realization.
Revenue Cycle Management (Receivables Leadership)
- Monitor claims submission, reconciliation, rejection analysis and collections.
- Drive reduction of Days Sales Outstanding (DSO).
- Ensure pre-authorizations and benefit validations compliance.
- Implement revenue assurance controls to prevent income leakage.
- Review adjustments, cancellations, and discounts to ensure they are properly authorized and captured.
Payables Management
- Ensure supplier payment discipline aligned to cashflow.
- Monitor creditor ageing.
- Maintain healthy supplier relationships while protecting liquidity.
Academic & Professional Qualifications
- Bachelor’s degree in Finance, Accounting, Economics or related field.
- Master’s degree in Finance, Accounting, Business Administration (MBA) or related field.
- CPA (K), ACCA or equivalent professional qualification will be an added advantage.
- Strong knowledge of IFRS, tax regulations and financial governance.
- Certification in risk management, internal audit, corporate governance or financial analysis.
- Membership in recognised professional bodies (ICPAK, ACCA, CFA Institute etc.).
Work Experience & Skills
- Minimum 5 years of progressive experience in finance leadership roles.
- Proven experience leading budgeting, financial reporting, audits and financial controls in medium-to-large organisations.
- Strong experience in revenue cycle management, pricing strategy and financial modelling.
- Demonstrated ability to improve financial outcomes (EBITDA, PAT, revenue growth, cost optimisation).
- Strong analytical, commercial, negotiation and stakeholder management skills.
- Expertise in implementing financial systems, ERPs and reporting dashboards.
How to Apply
Interested and qualified candidates should apply online through the Avenue Healthcare careers portal at https://careers.avenuehealthcare.com or via the application link provided: https://www.myjobmag.co.ke/apply-now/1181645
