Background

The Social Health Authority (SHA) is seeking a Principal Funds Management Officer. This critical role involves formulating and implementing financial policies, managing internal controls, coordinating financial reporting, and leading resource mobilization efforts for various health funds.

Job Purpose

The Funds and Management Officers are responsible for ensuring that the Authority’s financial resources are collected and managed in a prudent, accountable, transparent manner to achieve effectiveness, economy and efficiency, maintaining a financial management system for use by the Authority in producing accurate and reliable accounts free from errors and fraud, and which will be useful in management decisions and statutory reporting.

Key Duties and Responsibilities

• Formulating and implementing of the Funds policies, regulations and procedures.
• Formulating and implementing of an effective system of internal control that adheres to the Authority’s policies and procedures.
• Validating the payments of health providers and facilities.
• Validating of claims received from the claims management office.
• Maintaining book of debtors, debt accounts and monitoring payments.
• Coordinating the preparation of annual financial statements for PHCF, SHIF, and ECCF.
• Developing strategies for resource mobilization in collaboration with other entities.
• Coordinating the planning and budgeting processes for all funds.
• Analysing resource gaps and recommending priority areas for funding.
• Developing periodic reports on fund operations and performance.
• Coordinating the implementation of financial controls and risk management strategies.
• Supervising the maintenance of books of accounts and financial records.
• Contributing to policy development for fund management.
• Mentoring, coaching and developing of staff.

Qualifications

Person Specifications

For appointment to this grade, an officer must have:

• Cumulative period of nine (9) years relevant work experience, three (3) years of which must have been at the grade of Senior Fund Management Officer or in a comparable position.
• Bachelor’s degree in Commerce (Accounting or Finance Option), Business Administration (Accounting Option) or its equivalent qualification from a recognized institution.
• Certified Public Accountant (CPA)K by Kenya Accountants and Secretaries Examination Board (KASNEB) or any other relevant qualification from a recognized institution.
• Membership to a relevant professional body where applicable and in good standing.
• Certificate in Management Course lasting not less than four (4) weeks from a recognized institution.
• Proficiency in computer applications.
• Demonstrated merit and ability as reflected in work performance and results.

• Formulating and implementing of the Funds policies, regulations and procedures.
• Formulating and implementing of an effective system of internal control that adheres to the Authority’s policies and procedures.
• Validating the payments of health providers and facilities.
• Validating of claims received from the claims management office.
• Maintaining book of debtors, debt accounts and monitoring payments.
• Coordinating the preparation of annual financial statements for PHCF, SHIF, and ECCF.
• Developing strategies for resource mobilization in collaboration with other entities.
• Coordinating the planning and budgeting processes for all funds.
• Analysing resource gaps and recommending priority areas for funding.
• Developing periodic reports on fund operations and performance.
• Coordinating the implementation of financial controls and risk management strategies.
• Supervising the maintenance of books of accounts and financial records.
• Contributing to policy development for fund management.
• Mentoring, coaching and developing of staff.

• Proficiency in computer applications.

• Cumulative period of nine (9) years relevant work experience, three (3) years of which must have been at the grade of Senior Fund Management Officer or in a comparable position.
• Bachelor’s degree in Commerce (Accounting or Finance Option), Business Administration (Accounting Option) or its equivalent qualification from a recognized institution.
• Certified Public Accountant (CPA)K by Kenya Accountants and Secretaries Examination Board (KASNEB) or any other relevant qualification from a recognized institution.
• Membership to a relevant professional body where applicable and in good standing.
• Certificate in Management Course lasting not less than four (4) weeks from a recognized institution.
• Proficiency in computer applications.
• Demonstrated merit and ability as reflected in work performance and results.