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  • Posted: Oct 18, 2023
    Deadline: Oct 20, 2023
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    Markfema Nigeria Limited is a health maintenance organization in Nigeria which started operations in 2005 and is duly accredited by the National Health Insurance Scheme (the regulatory body responsible for the implementation of the Social Health Insurance Scheme in Nigeria).
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    Head, Finance Department

    Responsibilities

    • Regular preparation and presentation of various monthly, quarterly and annual financial reports and forecasts
    • Preparation of the Company’s budgets/Management accounts
    • Conduct risk management
    • Evaluate and decide on investments
    • Supervise a team of Accountants and all staff in the department
    • Allocate resources and manage cash flows
    • Conduct profit and cost analyses
    • Develop secure procedures to maintain confidential information
    • Ensure all financial/accounting activities and internal audits comply with financial regulations and in line with NHIA Operational Guidlines
    • Consult board members about funding options
    • Recommend cost-reducing solutions
    • Liaising with organization’s bank in respect of payments and receipts to ensure that all bank accounts and statements are regularly reviewed and reconciled
    • Ensuring that Payment Advices are sent to Health Care Facilities (HCFs) in a seamless and timely manner when Fee for Service (FFS) and Capitations are made to HCFs
    • Etc.

    Requirements:

    • Candidates should possess an HND/ B.SC Accounting and Master's Degree in Accounting/Business Administration or related field with ICAN or ACCA certification
    • 10 Years post NYSC work experience with minimum of 5 years proven work experience as a Head of Finance, Chief Finance Officer, Director of Finance or similar role
    • Proven work experience as a Head of Finance, Chief Finance Officer, Director of Finance or similar role
    • In-depth understanding of cash flow management, bank reconciliation and bookkeeping
    • Hands-on experience with budgeting and risk management
    • Excellent knowledge of data analysis and forecasting models
    • Good knowledge of NHIA Operational Guidelines, FIRS and other related bodies in the business of Health Insurance industry
    • Proficiency in accounting software
    • Solid analytical and decision-making skills
    • Leadership abilities.

    Method of Application

    Interested and qualified candidates should forward their CV to: info@markfema.com using the position as subject of email.

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