Accountant at The Olive Prime Psychological Services

Description

• We are seeking a highly skilled and motivated individual to join our team as an Accountant for the Olive Prime Tourmaline Centre in Lekki, Lagos.
• As the Accountant, you will play a crucial role in managing the day-to-day finance and accounts operations of our mental health and drug rehabilitation

Responsibilities
Financial Management:

• Oversee and manage all accounting functions within the hospital, ensuring accuracy and timeliness of all financial records.
• Maintain and reconcile petty cash, prepare daily and weekly reports, and ensure proper documentation for all expenditures.
• Generate and send weekly billing emails to clients and ensure prompt payments in line with the zero-debt policy.
• Manage inpatient billing processes, ensuring accuracy, completeness, and timely invoicing.
• Handle budget preparation, monitoring, and reporting, ensuring all expenditures align with approved budgets.
• Prepare and submit discount reports and other financial summaries as required.

Financial Reporting and Analysis:

• Prepare and submit accurate monthly financial statements, cash flow summaries, and management reports.
• Monitor revenues and expenditures to identify variances and ensure spending aligns with operational targets.
• Conduct periodic reconciliations of bank, vendor, and client accounts.
• Support forecasting and provide financial insights to aid decision-making.

Accounting Operations (QuickBooks):

• Ensure 100% use of QuickBooks for all financial transactions and reporting.
• Record all payments, receipts, invoices, and journal entries accurately.
• Generate reports directly from QuickBooks for internal and management use.
• Maintain proper audit trails and ensure all financial data is up to date and accurate.

Cost and Compliance Oversight:

• Ensure all spending is within approved budgets and in compliance with financial policies.
• Verify repairs, maintenance, and other operational activities before vendor payments are approved.
• Enforce the hospital’s zero-debt policy by closely tracking receivables and ensuring no overdue accounts.
• Review and approve payment vouchers and support documents in line with internal control policies.

Audit and Record Management:

• Maintain complete and organized records for all financial transactions, clients, suppliers, and banks.
• Support both internal and external audit exercises by providing accurate documentation.
• Conduct monthly reviews of advance payments and outstanding balances to assess risk exposure.
• Prepare reconciliations, journal entries, and closing reports at the end of each accounting period.

Policy and Process Improvement:

• Contribute to the development and implementation of finance and accounting policies and procedures.
• Recommend and implement improvements to enhance efficiency and financial accountability.
• Ensure compliance with tax, regulatory, and reporting requirements.

Other Duties:

• Perform any other related tasks as assigned by the Medical Director or Senior Accountant.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Minimum of 3 years related experience
• Professional certification (e.g., ACCA, CPA) is highly desirable.
• Ability to Commute to Lekki (Required)
• Proven experience in financial management, accounting, and reporting.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Knowledge of relevant accounting software and tools.