Job Detail

M.P Shah Hospital is looking to recruit a professional, and evidence-driven person for a vacancy in Finance Department, as a Project and Cost Accountant. 

Reporting to the Management Accountant, the Project and Cost Accountant will be responsible for generation of insights on projects, fund management, cost of care and competitiveness of service packages offered by the Hospital. This shall be through: maintaining of accurate and up to date financial records on all grants and infrastructure projects; Tracking of associated cost of care and generating relevant insights; and conducting periodic reviews of service packages offered by the M.P Shah Hospital, relative to the market and patient needs, and designing proposed packages to drive responsiveness and competitiveness of the hospital. 

Duties & Responsibilities: 

• Project Accounting and Reporting: Generate and provide insights for decision making around infrastructure projects by preparing and maintaining accurate financial records and reports on all infrastructure and donor funded projects ran by the M.P Shah Hospital. The position holder shall also be responsible for accounting of funds and grants to promote transparency and aid in future fund-raising endeavours that ultimately results in affordable patient care. 
• Project Cost Management: Contribute to optimal project costing by coordinating with the accounts payables functions to plan for all payments for efficient liquidity management, financing costs management, budget adherence and to prevent unnecessary project delays that would have cost implications to the M.P Shah Hospital. 
• Cost of Care: Directly inform the delivery of affordable care by the M.P Shah Hospital by actively tracking of all input costs (direct and indirect) associated with inpatient and outpatient service delivery within the hospital (including its channels and campuses) and generate insights on potential areas of improvement in the hospital considering observed trends. i.e Business Plans, ROI’s 
• Care Packages: Drive affordability and market competitiveness of the care packages offered by the M.P Shah Hospital by periodically collecting and reviewing the feedback from patients, caregivers, payers, and relevant M.P Shah Hospital staff on the structure of existing care packages, with the intention of improving the offerings and remaining competitive in the market. The position holder shall then be responsible for the (re)design and costing of proposed care packages in consultation with relevant stakeholders and in compliance to legal & quality standards for the hospital. 
• Protection of the Hospital’s Assets: Contribute to the protection of the Hospital’s asset and brand perception by sharing insights on potential risk areas from the review of the costs of care, project costs and the accounting for funds and grants to the hospital. The position holder shall also comply with set internal controls, risk management protocols in the execution of their functions. 
• Developing Self and Others: Drive continuous development of self and colleagues in the organisation by enrolling in career and personal development courses/ programme, actively sharing lessons and insights with the rest of the finance team from personal experiences, and engaging with the line manager regularly for feedback on performance. 

Qualifications & Requirements 

• Bachelor’s degree in Accounting, Finance, Economics, or any other related field. 
• Professional qualifications form either CPA-K or ACCA. 
• A minimum of four years’ experience as a cost accountant or project accountant. 
• Experience fund/ grant accounting and working in the healthcare industry will be an added advantage. 

Interested and qualified candidates in the above position are encouraged to forward their CVs and application letters to recruitment@mpshahhospital.org on or before 10th November 2023.