Finance | Administration Manager - Life Beacon Bay HospitalA vacancy exists for Finance and Administration Manager based at Life Beacon Bay Hospital, reporting to Lyndee Hartwanger, Hospital Manager. The successful candidate will be responsible for managing the finance function for Life Beacon Bay Hospital in line with accounting standards and within corporate governance protocols in support of Life Healthcare objectives and strategy.
Critical Outputs Manage Growth Opportunities: Accurate financial reporting & analysis.Periodic financial and related reports for management of the business, including, but not limited to monthly analysis of hospital results and measuring against approved budget and prior year.Formal periodic review of results with hospital Manco team to ensure functional managers understand the financial position of the hospital and matters for which they are accountable.Continual review of Balance Sheet to monitor recoverability of assets and completeness of liabilities.Project Evaluations and Investment Committee submissions.Effective Budgeting: Preparation and review of all budgets (including activities, capex, income statement, balance sheet, cashflow, and trending), in line with approved assumptions, strategic plan and group budget guidelines.Participate in hospital strategic planning to identify Capex projects, develop financial model for proposed Capex plan with local management and Enabling functions and preparation of budget reports.Effective Management of Internal Controls: Establish and maintain a strong financial control environment, managing the control of company assets, with special emphasis on cash and fraud prevention measures.Prepare annual review checklists and manage the internal control environment within the hospital.Co-ordinate Internal and External audits and achieve Green Internal Audit Ratings and External Audit reports that contain no financial issues more serious than "housekeeping" matters.Take ownership for statutory and secretarial compliance, with specific emphasis on dividends, Annual Financial Statements, share valuations & transactions and changes in ownership and directorship, regular board meetings including the preparation of minutes, review & distribution of Board Packs.Effective Patient Services Management: Adhere to Patient Services & Credit Management Protocols and ensure credit management targets are met.Manage and minimize risk and achieve LHC targets regarding rejections, bad debts, case management write offs and reimbursement codes.Oversee pre-admission trends with relevant manager and manage appropriately.Identify problems and take remedial actions with relevant stakeholders.Effective Governance and Risk Management: Manage compliance to the executive constraints per corporate governance, report deviations and take action where necessary.Effective Quality Management and Customer Relations: Achieve and improve quality metrics, continuously monitor and measure processes to maintain and approve same and actively lead and promote LHC quality drive.Manage data integrity and compliance to LHC protocols.Develop and maintain relationships with various internal and external stakeholders, conduct feedback surveys in order to monitor relationships and service levels, identify trends and implement remedial actions.Effective People Management: Demonstrate visible leadership in respect of Life values, operating model and strategy.Actively sponsor Life initiatives and projects as it relates to hospital.Actively participate in hospital MANCO meetings, regional Shaka, RSRT meetings and forums.Actively lead and manage F&A and HOD feedback meetings and ensure participation from all parties to achieve strategic objectives.Recruit, retain, motivate and develop staff according to Life people policies and practices.Requirements Bachelor's degree in Finance, Accounting or similar.CA (SA) or completed articles advantageous.Relevant experience, preferably commercial management in a services environment.Ability to learn industry specifics i.e. related healthcare terminology.Computer proficiency (incl MS Office Excel, Word, PowerPoint).Competencies Problem-solving, analysis and judgement.Attention to detail.Resilience.Engaging diversity.Verbal & written communication skills.Influencing.Action orientation.Building relationships.Customer responsiveness.Organisational awareness.Excellence orientation.Ethical behaviour.Lead by example.Motivating and developing people.Email: ******
Closing date: Wednesday, August 28, 2024
Internal applicants - Before making an application, you are requested to discuss your application with your line manager. External candidates will also be considered.
Life Healthcare is an Equal Opportunity Employer.
Thank you for your interest in this opportunity. Kindly note that only shortlisted candidates will be contacted. Applicants who have not been contacted within two weeks of the closing date of this advert should consider their application as unsuccessful.
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