Credit Control and Risk Manager at Shalom Community Hospital

Shalom Hospital was established as a clinic in 1992 in a rented house in Mutituni. It grew in stages, changed location and in 1998 was upgraded to Dr. Onyango Nursing Home. Undaunted and unfazed by the obstacles faced, Shalom Hospital Machakos opened its doors in 2002 to become a fully-fledged private hospital with an aim to providing quality and affordable ...

 

Credit Control and Risk Manager

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience5 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 
  • Salary RangeKSh 50,000 - KSh 100,000/month

We are seeking to recruit a self-driven and results-oriented individual for the above role.

JOB SUMMARY

The individual will be charged with developing and implementing the Credit and risk policy for Shalom hospitals.  He/she will develop procedures for Credit Approval and implement the same and will have oversight of all collection functions necessary to ensure the prompt and correct payment to the Hospital of all monies owed by insurers or patients. They will also be responsible for   managing accounts receivables, ensuring timely reconciliations and payment.

KEY DUTIES AND RESPONSIBILITIES

  1. Implementing and managing credit lines as per approvals to ensure all accounts operate within the approved limits.
  2. Preparation and reconciliation of insurance and corporate accounts by the last day of every month; submission of aging debtors reports to each institution’s accountant and to the group Finance Manager by the 3rd day of every preceding month
  3. Give weekly updates of categorized invoices and payments made for all Insurance and Cooperate companies and N.H.I.F across shalom group of hospitals to the finance manager and the Managing Director
  4. Facilitate effective billing and revenue capture
  5. Identify changes in payment patterns and propose action to avert indebtedness
  6. Handle disputed bills and negotiate to bring payment within the agreed terms
  7. Ensure that all transactions in the department are compliant with statutory and hospital regulations
  8. Develop credit management capability within the department including training
  9. Conduct background checks to establish credit worthiness for all new and existing insurers and corporate clients
  10. Formulate, review and implement credit control policies
  11. Ensure debtors’ days are reduced to a maximum of 60 days by debt collection from corporates and insurances. Provide weekly debt collection reports to the finance manager
  12. Maintain a bad debts register
  13. Discuss with/bring to the attention of the Clinical Service Manager patients requiring referral on financial grounds
  14. Ensure that all contracts with corporate and Insurances are renewed on time
  15. Submit weekly age analysis reports to the Senior Management Team and status on payment.
  16. Any other duty delegated by your supervisor
  17. Document key risks with impact and probability of occurrence, then ensure mitigation measures are taken

 EXPERIENCE AND KEY COMPETENCIES

  • Minimum of 5 years of experience as a Credit Control
  • patience
  • Excellent interpersonal and communication skills
  • Keen to details
  • Well organized

 QUALIFICATIONS: ACADEMIC & PROFESSIONAL

  • Bachelor’s Degree in Finance or related field
  • CPA-K
  • Certification as a Credit control practitioner will be an added advantage.

Method of Application

Interested and qualified candidates should apply using the Apply Now button below.

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