Financial Management

MSH helps organizations strengthen their financial systems, which are essential in controlling, conserving, allocating, and investing resources.

MSH has developed the Financial Management Assessment Tool (FinMAT) to help managers assess their organization's financial management practices. An easy-to-use, Excel-based tool, FinMAT helps non-governmental organizations, private sector organizations, and public institutions to assess their financial management competency levels, identify changes that can be made to manage finances more effectively, develop a detailed action plan to implement these changes, and monitor resulting improvements.

MSH also offers the Fundamentals of Cost-Recovery workshop, a participatory program consisting of four sessions held over 2-3 days. During the workshop, participants learn to explore the basic principles of financial accounting and cost analysis, review standard financial reports, and create a unique business model for their organization that will pinpoint revenue generation points on the organization's value chain. MSH has facilitated this workshop in South Africa and Tanzania.

  • In Ethiopia, multidisciplinary teams from the HIV/AIDS Prevention and Control Offices in the Amhara and Oromia regions used FinMAT to examine their units' financial management processes and capacity. After just four days, the teams had identified a series of priority areas for capacity building including cash management, accounting, recordkeeping, and budgeting.
  • With support from the Rockefeller Foundation, MSH developed a Community-Based Health Insurance (CBHI) Financial Modeling Tool. Rwanda's Ministry of Health is now using this tool to estimate premium income, administrative costs, and payments to health providers for services.
  • MSH's project teams in several countries are building the capacity of local civil society organizations in financial management, based on findings from the comprehensive organizational capacity assessment tools.
  • Through the Health Communication Capacity Collaborative (HC3) Project, MSH developed an Implementation Kit for Resource Mobilization to improve organizational sustainability.
  • In Angola, MSH health district health teams developed a results-based health budgeting tool to help managers budget for their annual health plans. Health administrators used the cost data from this tool to justify expenditures to improve health services in their districts.