Finance Officer at Revolutionary Health Maintenance Organization (RevoHealth)

Role Purpose

• The Finance Officer is a critical mid-level role responsible for the financial integrity and regulatory alignment of the HMO. The position balances traditional corporate accounting with the specialized financial demands of the healthcare industry.

Core Strategic Pillars:

• Financial Operations & Reporting: Managing the full accounting cycle, including monthly financial statements, budgetary oversight, and bank reconciliations to ensure organizational liquidity.
• Healthcare Value Chain Management: Direct oversight of Capitation and Fee-for-Service (FFS) payments. This involves close collaboration with medical audit teams to ensure claim authenticity and adherence to Service Level Agreements (SLAs).
• Revenue Assurance: Tracking and reconciling premium collections from corporate and individual enrollees to maintain a healthy cash flow.
• Regulatory & Statutory Compliance: Ensuring strict adherence to NHIA financial guidelines and the timely remittance of statutory taxes (VAT, WHT, and PAYE).
• Data-Driven Analysis: Monitoring the Medical Loss Ratio (MLR) and identifying cost-saving opportunities within the clinical value chain to protect profit margins.

Candidate Profile

• Credentials: A degree in Accounting or Finance, ideally supported by professional certification (e.g., ICAN, ACCA).
• Experience: 3 – 5 years in a structured finance environment, with a strong preference for candidates from the insurance or healthcare sectors.
• Technical Skillset: Advanced proficiency in financial modelling (Excel) and enterprise accounting software (e.g., Sage or SAP).