Chief Financial Officer

 

Job Summary

The Chief Financial Officer (CFO) will serve as the financial strategist and steward for our new hospital. The CFO will establish the financial infrastructure, oversee all accounting and financial reporting functions, and drive strong financial performance to support our mission of delivering outstanding patient care to the community.

 

Job Description

  1. Must have sound financial and analytical skills
  2. BA in Accounting or Business Admin/related field (Minimum)
  3. 5 – 7 years of prior work and leadership experience
  4. Knowledge of general accepted accounting principles (GAAP)
  5. Experienced in healthcare financial roles
  6. Strong leadership skills
  7. Technology proficient 
  8. Annual budget processing
  9. Analyze financial statements, interprets financial reports, and forecast
  10. Cost management
  11. Monitor financial activities and risk management
  12. Good communication skills
  13. Develops policies for purchasing supplies and equipment
  14. Negotiate contracts with vendors and suppliers
  15. Develop the financial strategy, plans, budgets and forecasts for the hospital.
  16. Build and lead the finance and accounting team, including recruitment, training and development.
  17. Establish financial policies, procedures and internal controls to ensure fiscal integrity.
  18. Oversee all accounting operations, including accounts payable, payroll, revenue cycle and treasury.
  19. Prepare monthly, quarterly and annual financial statements and management reports.
  20. Manage relationships with external auditors, banks, investors and financial partners.
  21. Drive cost savings and revenue enhancement initiatives to optimize financial performance.
  22. Ensure compliance with all tax, audit and financial reporting requirements.
  23. Provide strategic financial insights and recommendations to the executive team and board.
  24. Foster a culture of financial discipline, accountability and continuous improvement.

 

Job Requirements

  1. Effective communication skills with a good command of the English language, both written and oral.
  2. Bachelor’s degree in Accounting, Finance or a related field. Master’s degree and/or CPA strongly preferred.
  3. 15+ years of progressive financial leadership experience, including 5+ years as a CFO or equivalent.
  4. Deep knowledge of healthcare finance, reimbursement models, revenue cycle and accounting.
  5. Proven track record of driving financial strategy and optimizing fiscal performance.
  6. Strong business acumen and analytical skills. Able to deliver data-driven insights.
  7. Excellent leadership and team-building skills. Able to develop a high-performing finance team.
  8. Impeccable ethics and integrity, with a strong internal control and fiscal compliance mindset.
  9. Exceptional communicator, able to build trust and collaborate effectively with diverse stakeholders.
  10. Ability to adapt to change and implement change initiatives.
  11. Must be eloquent and exude confidence.

  12. Minimum 15 years of experience in a senior leadership role within a large hospital or health system

  13. In-depth knowledge of healthcare operations, finance, regulations, quality and safety best practices.

  14. Outstanding communication and relationship-building skills to engage a wide range of stakeholders.

  15. Strategic thinker with the vision and business acumen to position the hospital for long-term success.

  16. Must have or be able to obtain required licensure to practice in Nigeria.

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