The Senior Private Sector Advisor will undertake the following tasks and responsibilities:

• Conduct a comprehensive assessment of healthcare providers in the private sector to determine their financing needs, including capital for infrastructure, equipment, and working capital.
• Provide financial literacy training and workshops to healthcare providers to enhance their understanding of financial management, budgeting, and financial reporting.
• Assist healthcare providers in identifying suitable funding sources, such as grants, loans, or investment opportunities, and help them prepare compelling funding proposals.
• Improve the financial reporting and record-keeping systems of healthcare providers to make them more attractive to potential investors and lenders.
• Establish connections and partnerships with financial institutions, government agencies, and investors to create a supportive ecosystem for healthcare providers seeking financing.
• Help healthcare providers assess and mitigate financial and operational risks to increase their creditworthiness and attractiveness to financiers.
• Work with healthcare providers to develop sustainable business models that ensure long-term financial viability and access to finance.
• Assist healthcare providers in complying with regulatory requirements, quality standards, and best practices to enhance their eligibility for funding.
• Implement a monitoring and evaluation framework to track the progress and impact of financial support provided to healthcare providers, making necessary adjustments as needed.
• Enhance the management and operational capacity of healthcare providers through training and support in areas such as leadership, governance, and strategic planning.
• Encourage healthcare providers to diversify their funding sources to reduce reliance on a single funding channel and enhance financial resilience.
• Collaborate with relevant stakeholders and government bodies to advocate for policy changes that promote private sector healthcare financing, such as tax incentives or streamlined regulatory processes.
• Provide healthcare providers with market insights and research to help them adapt to changing market dynamics and stay competitive.
• Encourage innovation in healthcare service delivery and financing, including the exploration of new technologies and business models.
• Continuously assess the impact of the advisory role in terms of increased access to finance, improved healthcare services, and economic growth in the private healthcare sector in Zambia.
• Manage existing partnerships and identify opportunities for new partnerships, including; prospect research, networking, and exploratory meetings with potential partners, in line with project priorities.
• Provide leadership and supervision to Private Sector Engagement Specialists

Qualifications

• Master’s degree in business, management, economics, health, finance, development studies, or related discipline
• Five (5) years or more of professional experience in providing technical assistance or business advisory services to SMEs
• Strong technical skills in private sector engagement, including a strong network of private sector contacts and knowledge of the business sector in Zambia
• Previous experience supporting USAID funded projects or other development organizations on projects and programs will be an added advantage
• Ability to work well in a team and with minimum supervision
• Strong written and verbal communications skills in English