Finance Manager at Equity Specialist Hospitals and Diagnostic Centre

Job Summary

• The Finance Manager will oversee and manage all financial aspects of the hospital’s operations, ensuring accuracy, accountability, and compliance with financial regulations.
• This includes preparing and analyzing financial reports, managing budgets, overseeing billing and collections, and ensuring timely balancing and reconciliation of HMO claims
• The ideal candidate will play a key role in supporting strategic decision-making to drive financial sustainability and growth.

Key Responsibilities

• Oversee daily financial operations including budgeting, forecasting, and cash flow management.
• Ensure accurate and timely preparation of financial statements, reports, and records.
• Manage and reconcile HMO claims and payments to ensure accuracy and completeness.
• Monitor outstanding receivables and follow up on payments from patients, HMOs, and corporate clients.
• Supervise the billing and collections team to ensure proper documentation and compliance with hospital policies.
• Develop and implement internal control systems to safeguard hospital assets.
• Conduct financial analysis to support decision-making and identify cost-saving opportunities.
• Oversee payroll administration, statutory deductions, and remittances.
• Ensure compliance with tax regulations, accounting standards, and other financial laws.
• Liaise with external auditors, tax consultants, and regulatory agencies.
• Support management with financial insights for operational and strategic planning.
• Prepare and present periodic financial performance reports to management.
• Guide, train, and supervise finance team members to ensure efficiency and accuracy.

Qualifications and Experience

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• Professional certification (ICAN, ACCA, or equivalent) is required.
• 5 - 7 years of progressive finance/accounting experience, preferably in a healthcare or hospital environment.
• Strong knowledge of HMO billing and claims reconciliation.
• Proficiency in accounting software and MS Excel.
• In-depth understanding of Nigerian tax laws and financial regulations.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication and leadership abilities.
• High level of integrity and attention to detail.

Key Competencies:

• Financial planning and reporting.
• HMO claims management and reconciliation.
• Budgeting and cost control.
• Tax and regulatory compliance.
• Leadership and team management.
• Analytical thinking and problem solving.
• Strong interpersonal and negotiation skills.