Background

Valley Hospital is a premier health facility located in Nakuru, offering diverse services with a mission to provide quality yet affordable healthcare.

Responsibilities

• Ensure accurate recording and reconciliation of revenue from inpatient, outpatient, pharmacy, laboratory, diagnostics, and other hospital services.
• Reconcile daily collections against hospital management system records and bank deposits, investigating and resolving discrepancies.
• Verify cashier receipts and ensure correct classification of income by service line and payment method.
• Supervise cashiering operations, monitor performance, and ensure accurate payment posting, official receipt issuance, cash handovers, and bank deposits.
• Review end-of-day reconciliations and enforce compliance with internal cash-handling procedures and financial controls.
• Prepare periodic revenue reports by department, payer category, and reporting period to support financial planning and decision-making.
• Conduct revenue variance analysis, identify revenue leakages and underperformance, and recommend corrective measures.
• Ensure timely and accurate submission of revenue reports for monthly and year-end financial reporting.
• Maintain complete documentation and audit trails for revenue transactions and support internal and external audits.
• Ensure compliance with accounting standards, tax regulations, revenue recognition principles, and hospital policies.

Qualifications and Experience

• Bachelor’s degree in Finance or a related field.
• CPA qualification, minimum Section 4.
• At least three (3) years of relevant experience in an organization of similar size.

Required Skills and Competencies

• Strong knowledge of revenue accounting, reconciliation, and financial reporting.
• Proficiency in accounting software and hospital management systems, particularly billing and revenue reporting modules.
• Excellent analytical skills, including revenue variance analysis and identification of revenue leakages.
• High attention to detail and accuracy in reviewing financial records, receipts, and reconciliations.
• Strong understanding of internal controls, audit requirements, and financial compliance.
• Demonstrated ability to supervise, guide, and support cashiering teams.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
• High levels of integrity, accountability, confidentiality, and ethical conduct.

• Ensure accurate recording and reconciliation of revenue from inpatient, outpatient, pharmacy, laboratory, diagnostics, and other hospital services.
• Reconcile daily collections against hospital management system records and bank deposits, investigating and resolving discrepancies.
• Verify cashier receipts and ensure correct classification of income by service line and payment method.
• Supervise cashiering operations, monitor performance, and ensure accurate payment posting, official receipt issuance, cash handovers, and bank deposits.
• Review end-of-day reconciliations and enforce compliance with internal cash-handling procedures and financial controls.
• Prepare periodic revenue reports by department, payer category, and reporting period to support financial planning and decision-making.
• Conduct revenue variance analysis, identify revenue leakages and underperformance, and recommend corrective measures.
• Ensure timely and accurate submission of revenue reports for monthly and year-end financial reporting.
• Maintain complete documentation and audit trails for revenue transactions and support internal and external audits.
• Ensure compliance with accounting standards, tax regulations, revenue recognition principles, and hospital policies.

• Strong knowledge of revenue accounting, reconciliation, and financial reporting.
• Proficiency in accounting software and hospital management systems, particularly billing and revenue reporting modules.
• Excellent analytical skills, including revenue variance analysis and identification of revenue leakages.
• High attention to detail and accuracy in reviewing financial records, receipts, and reconciliations.
• Strong understanding of internal controls, audit requirements, and financial compliance.
• Demonstrated ability to supervise, guide, and support cashiering teams.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
• High levels of integrity, accountability, confidentiality, and ethical conduct.

• Bachelor’s degree in Finance or a related field.
• CPA qualification, minimum Section 4.
• At least three (3) years of relevant experience in an organization of similar size.