Director-Finance & Investments

Jobs

By NHIMA

Key Responsibilities Executive Summary This is an executive role responsible for managing financial resources and oversight to the Authority and the National Health Insurance Fund (NHIF) in order to ensure prudent utilisation of financial resources. The role will combine operational and strategic oversight, managing accounting and financial control functions to ensure all resources are properly accounted for. The job holder will also work closely with the Director general in the development and execution of investment strategies and monitor compliance and risk associated with those activities; provides oversight and management of investment programs for the NHIF. It is expected that the jobholder will use the most current accounting and finance standards as well investment and strategies rules in the execution of duties. Reporting directly to the Director General, the role will establish the financial and investment strategy for the sustainable long-term financial growth of the Authority. Key Functions/Responsibilities The key functions of the role will include but not limited to; Finance Oversee all aspects of financial management and financial systems implementation and financial reporting and accounting; Prepare and implement annual budgets as well as providing parameters and other guidelines to heads of department involved in submitting budgets; Prepare monthly Management Accounts for monitoring and assessment of the Authority as well as the Fund’s performance for decision making; Plan and control availability of funds to finance the Authority and Fund’s operations and acquisition of capital assets; Establish and maintain sound financial management practices that seek to minimise financial risk; The Authority being a public institution, the position holder should ensure financial operations and practices are compliant with the Public Finance Management Act No.2 of 2018, the National Health Insurance act No.2 of 2018, Statutory Instrument number 63 of 2019 and ot