Chief Finance Officer Needed At Avenue Hospital


Avenue Hospital was founded in 1995, and today operates 3 Hospitals and 15 Clinics across Kenya. With a founding focus on delivery of managed services to corporate clientele, it now supports the healthcare needs of the staff of over 1,000 companies in Kenya.

The organisation is part of TPG and Evercare Group that has 30 hospitals, 16 clinics and over 50 diagnostic centers operating across the emerging markets to include Africa and South Asia.

Position : Chief Finance Officer (CFO)
Department : Finance
Reports to : Chief Executive Officer (CEO)
Location : Head Office
No. of Posts : 1
Application Deadline : 2023-03-26

Job Objective/Purpose

This individual will be responsible for provision of strategic leadership and policy development on all finance functions in line with set business plans and objectives.

This will include detailed financial analyses and strategic financial planning, working closely with the CEO and finance department.

S/he will be responsible for all aspects of financial budgeting & forecasting, business plans for new projects and business expansion, analysis of actual results and explaining variances.

Key Responsibilities

Contributes to the development of the business strategy, aligns the finance strategy to thebusiness strategy and plays an advisory role to the business. 

Provides efficient, timely and accurate financial management information and to enabletimely management decision-making as well as institutionalize a culture of rigorous financialanalysis for the purpose of supporting major business decisions. 

Develops and ensures maintenance of a robust cash forecasting and management systemthat ensures adequate treasury & working capital management. 

Ensures the effective financial evaluation and financing of major investments/capital spendallowing for sound decision making. 

Monitors performance against financial plans and provides relevant and timely information tothe Senior Management, Departments and other stakeholders. 

Leads the Group’s annual budgeting process as well as directs and reviews budgetaryrecommendations and expenditures. 

Leads the Group’s annual reporting cycle in liaison with internal and external auditors 

Ensure that the organization does not suffer financial loss through fraud and error byensuring that assets are safeguarded and closely monitors and maintains adequate financialcontrols. 

Take a leadership role in managing relationships with financial institutions, payers,underwriters, suppliers, auditors, and regulatory agencies. 

Ensures that the regulatory requirements of all statutory bodies are met as regards to allcompany financial affairs. 

Ensures collection of all valid debts and reconciliation of accounts receivables 

Ensure proper management and oversight of the company’s inventory. 

Keep the Board of Directors informed of all matters relating to of the business’s performanceon key financial metrics and drawing attention to important trends and opportunities that willmaximize earnings and minimize risk 

Plans, develops, organizes, manages, directs and evaluates the organization’s finance functionand team performance.

Provide leadership to achieve high team performance by ensuring employee development,employee engagement and performance management to deliver organization objectives andgoals.

Any other duty as assigned by the supervisor in line with the job description.

Personal Specifications


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