Accountant at Alfred & Victoria Associates

Job Summary

• We are seeking a detail-oriented and experienced Accountant to manage the hospital's financial records, ensure accurate financial reporting, and support the organization's financial operations.
• The ideal candidate will have strong accounting knowledge, experience in healthcare finance, and the ability to maintain compliance with financial regulations and internal policies.

Key Responsibilities
Financial Accounting & Reporting:

• Prepare and maintain accurate financial records, ledgers, and accounting documentation.
• Support the Head of Accounts in ensuring that all funds are properly accounted for and accurately recorded in the Company's financial records.
• Maintain accurate records of all financial transactions and support periodic financial audits and reconciliations.
• Process and record daily financial transactions, including receipts, payments, and journal entries.
• Prepare monthly, quarterly, and annual financial statements and reports.
• Reconcile bank statements, accounts payable, accounts receivable, and general ledger accounts.
• Assist in the preparation of management accounts and financial reports.

Budgeting & Financial Control:

• Assist in the preparation and monitoring of departmental budgets.
• Track expenditures and ensure adherence to approved budgets.
• Analyze financial data and provide recommendations for cost control and efficiency improvements.
• Monitor cash flow and support financial planning activities.

Revenue & Billing Management:

• Monitor hospital revenue, patient billing, insurance claims, and collections.
• Ensure that all payments received are appropriately receipted, documented, and reconciled in a timely manner.
• Monitor and verify that all revenue generated by the hospital is accurately captured and reflects the Company's actual earnings.
• Ensure that all funds received are correctly allocated and applied to the appropriate revenue source, cost center, or account.
• Assist in identifying and resolving discrepancies relating to receipts, payments, and revenue recognition.

Compliance & Audit:

• Ensure compliance with accounting standards, tax regulations, and hospital financial policies.
• Assist with internal and external audits by providing required documentation and reports.
• Maintain proper filing and documentation of financial records for audit purposes.
• Support the implementation of internal controls to safeguard hospital assets.

Payroll & Vendor Management:

• Assist in payroll processing and ensure timely payment of salaries and statutory deductions.
• Process vendor invoices and ensure timely payments to suppliers and service providers.
• Maintain accurate records of fixed assets and inventory-related financial transactions.

Requirements
Education:

• Bachelor's Degree in Accounting, Finance, Economics, or a related field.
• Professional certification such as ACA, ACCA, ICAN, or equivalent is an added advantage.

Experience:

• 2-4 years' experience as an Accountant, preferably in a hospital, healthcare organization, or related industry.
• Experience in financial reporting, budgeting, payroll, and audit processes.
• Familiarity with healthcare billing systems and insurance claims management is an advantage.

Skills & Competencies:

• Strong knowledge of accounting principles and financial reporting standards.
• Proficiency in accounting software and Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Good organizational and time management skills.
• Ability to handle confidential financial information with integrity.
• Excellent communication and interpersonal skills.

Working Hours:

• The role requires work from Monday to Saturday, with Saturday being a half-day. All Public Holidays will also be observed as half-day working days.