Account Officer at CarePoint Hospitals Limited

Job Summary

• The Account Officer is responsible for supporting the financial operations of the hospital by managing accounting tasks, ensuring accurate financial records, processing transactions, preparing reports, and assisting with budgeting and audit activities. This role helps ensure compliance with financial policies, supports timely billing and collections, and contributes to financial integrity and transparency.

Key Responsibilities

Financial Transactions & Recordkeeping

• Record, verify, and process financial transactions (payments, receipts, invoices, journal entries).
• Ensure all financial records are accurate, complete, and up-to-date.
• Maintain the general ledger and subsidiary accounts.

Billing & Collections

• Prepare and issue invoices for services rendered.
• Track receivables and follow up with patients or third parties for timely payments.
• Support reconciliation of billing accounts and cash received.

Reconciliation & Reporting

• Reconcile bank statements, accounts receivable, and accounts payable.
• Prepare periodic financial reports (daily, weekly, monthly) as required.
• Assist with preparation of financial documents for internal review and external audit.

Compliance & Controls

• Ensure compliance with hospital financial policies and procedures.
• Maintain documentation for audits and regulatory reviews.
• Support preparation for internal and external audits.

Budget Support

• Assist in preparing departmental budgets and forecasts.
• Monitor budget performance and report variances.
• Support cost-control initiatives.

Collaboration & Communication

• Work with other departments to clarify accounts, resolve discrepancies, and ensure accurate service billing.
• Provide financial information or clarification to managers when required.
• Collaborate with HR, Billing, and Patient Services teams for seamless operations