Head of Finance (with HMO or Insurance Experience) at Health Assur Limited

Health Assur Limited is a leading and fast-growing healthcare and health management organization committed to delivering high-quality, accessible and sustainable healthcare solutions. Our operations span healthcare service delivery, public health management, quality assurance and health system support across multiple locations.

Driven by professionalism, innovation and integrity, we focus on improving health outcomes through strong clinical governance, data-driven decision-making and continuous quality improvement. We work with medical professionals, health institutions, government agencies and private sector partners to strengthen healthcare systems and promote public health best practices. Our organization provides a dynamic and ethical working environment where skilled professionals are encouraged to grow, innovate and make meaningful contributions to improving lives and communities.

We are recruiting to fill the position below:

Job Title: Head of Finance (with HMO or Insurance Experience)

Location: Ogudu / Ojota - Lagos
Employment Type: Full-time

Job Summary

• The Head of Finance will provide strategic financial leadership and oversight for the organization, ensuring sound financial management, regulatory compliance, and effective financial planning.
• The role requires extensive experience in the Health Maintenance Organization (HMO) sector, strong knowledge of healthcare financial operations, and the ability to support business growth through financial strategy and control.
• The ideal candidate must be ICAN certified and possess a Master’s degree in Finance, Accounting, or a related field.

Key Responsibilities
Financial Strategy & Leadership:

• Develop and implement the company’s financial strategy aligned with organizational objectives.
• Provide strategic financial insights to the Managing Director and executive team to support business decision-making.
• Lead long-term financial planning, forecasting, and budgeting processes.

Financial Management & Reporting:

• Oversee preparation and presentation of accurate monthly, quarterly, and annual financial reports.
• Ensure proper maintenance of financial records in accordance with International Financial Reporting Standards (IFRS).
• Provide financial analysis and performance reports to management and the Board.

HMO Financial Operations:

• Manage financial processes related to capitation, claims payments, provider reimbursements, and healthcare service costs.
• Monitor and control medical claims expenditure to ensure financial sustainability.
• Ensure effective reconciliation between healthcare providers, enrollees, and internal finance records.

Budgeting and Cost Control:

• Develop and manage the organization’s annual budget.
• Monitor financial performance against budget and recommend corrective actions.
• Implement cost control measures to improve operational efficiency and profitability.

Regulatory Compliance:

• Ensure compliance with regulations from National Health Insurance Authority (NHIA) and other relevant regulatory bodies.
• Oversee statutory financial obligations including tax compliance, pension remittances, and regulatory filings.
• Ensure compliance with internal financial policies and corporate governance standards.

Internal Control & Risk Management:

• Establish and maintain robust internal financial control systems.
• Identify financial risks and implement mitigation strategies.
• Coordinate internal and external audits and ensure prompt resolution of audit findings.

Treasury & Cash Flow Management:

• Oversee treasury operations including cash flow planning, banking relationships, and liquidity management.
• Ensure optimal utilization of financial resources and investment opportunities.

Stakeholder & Vendor Management:

• Manage financial relationships with healthcare providers, insurance partners, vendors, and regulatory bodies.
• Ensure timely settlement of provider claims and contractual financial obligations.

Team Leadership:

• Lead and mentor the finance team to achieve departmental goals.

• Build a high-performing finance function through effective supervision, training, and performance management.

Qualifications and Requirements

• Master’s Degree in Finance, Accounting, Business Administration, or a related field.
• ICAN certification (mandatory).
• 8–12 years progressive finance experience, with at least 4–5 years in a senior finance leadership role.
• Strong experience in the HMO or healthcare insurance sector.
• In-depth knowledge of financial reporting, healthcare claims management, and regulatory compliance.
• Proficiency in financial management systems and advanced Excel/data analysis skills.

Application Closing Date
31st March, 2026.

How to Apply
Interested and qualified candidates should send their CV to: abalogun@healthassur.com using the job title as the subject of the email.