Finance and Accounts Officer at the Kwara State Health Insurance Agency (KW-HIA)

Kwara State Health Insurance Agency (KW-HIA) - Kwara State Government in Its effort to build upon the successes of the Community Health Insurance Scheme and ensure that universal quality healthcare coverage is available to all the Inhabitants of Kwara State, Irrespective of their financial means and socio-economic status enacted the Kwara State Health Insurance Scheme Law 2017.

In furtherance to the launch of the Kwara Health Insurance scheme on the 12th of July 2018, the services of top-notch employees with skills, Integrity, and professionalism are needed in the agency to achieve the State's vision.

Application are therefore invited from Suitably qualified candidates for the position below:

Job Title: Finance and Accounts Officer

Location: Kwara
Department: Finance and Accounts
Reports to: Head; Finance and Accounts

Responsibilities

• Perform monthly and quarterly assessments and forecasts of organization’s financial performance against budget, financial and operational goals.
• Review and strengthen financial and accounting internal controls to ensure protection of the company’s financial resources.
• Produce monthly financial statements including balance sheet, profit/loss Statements and accumulative general ledger.
• Plan and Implement systems for financial operations for cash flow management, budgeting, consolidation of accounting Information, internal controls, financial reporting, financial record- keeping, and compliance.
• Maintain banking relations and plan and monitor cash flow requirements to ensure the smooth implementation of projects.
• Prepare monthly standard accounting submissions for the department for review by Head of Finance and Accounts, including general ledger files, account reconciliations, expenditures by cost center/project, as well as other financial Information In a timely and accurate manner.
• Prepare monthly management reports to the Head Finance and Accounts, in a timely and accurate manner.
• Assist in developing annual fiscal year budgets together with the Head Finance and Accounts
• Process invoices, records payments, and track expenses of the Agency
• Perform general accounting tasks, including preparing monthly closing and financial reports, preparing account/bank reconcillations;
• Ensure all expenses are within assigned project budget and verify the completeness of all required supporting documentation for all payments vouchers;
• Ensure account receivables and payables activities are performed accurately and timely:
• Identify and resolve invoicing issues, accounting discrepancies and other financial related issues:
• Protect the Agency assets through maintenance of asset register, Internal control and audit procedures.
• Prepare staff payroll administrations, including fringe benefit computations. Prepare/review adjusting entries and schedules for annual and ad.hoc audits, Review audit results and Implement necessary/recommended Internal controls and/or other revisions.

Minimum Education & Years of Experience

• B.Sc or equivalent in Accounting, Finance or related field. Post Graduate degree In relevant field and/or relevant professional certification Is an added advantage
• 5 years Experience in the health services industry would be an added advantage
• This position requires proficiency in Microsoft tools and strong interpersonal and communication skills.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should describe how they meet all the above criteria in a Cover Letter to be submitted along with an updated CV to: [email protected]

Note: The KWSG is an opportunity employer. We.encourage absolutely all persons who believe they have the technical merit as well as deep understanding of the purpose and intent behind the creation of KW-HIA, and enjoy a challenge, to apply and be considered. Women are especially encouraged.