Accounting Associate – Healthcare at eMedicStore

Job Overview:

• The Accounting Associate – Healthcare at eMedic Health Technologies Ltd will play a crucial role in managing and overseeing the financial aspects of our healthcare marketplace. This role demands a blend of accounting expertise and a keen understanding of the healthcare industry.
• The ideal candidate will be responsible for financial reporting, analysis, and ensuring compliance with healthcare financial regulations, thereby contributing to the efficient financial operation of eMedicStore.

Responsibilities and Duties:

• Manage daily accounting operations, including invoicing, accounts receivable, and accounts payable.
• Oversee and manage the general accounting functions, including accounts payable/receivable and general ledger.
• Conduct financial analysis and reporting for healthcare transactions.
• Ensure compliance with healthcare financial regulations and standards.
• Collaborate with healthcare providers and pharmacies for financial reconciliations.
• Prepare monthly and quarterly financial statements.
• Monitor and forecast the company's financial status, cash flow, and liquidity.
• Prepare detailed financial reports and present findings to senior management.
• Assist in budget preparation and financial forecasting for healthcare services.
• Oversee the financial aspects of vendor and supplier contracts.
• Implement and monitor internal financial controls and procedures.
• Coordinate with external auditors for periodic audits.
• Handle tax preparations and filings specific to the healthcare industry.
• Manage medical billing processes and resolve discrepancies.
• Analyze financial data to identify trends and opportunities for cost savings.
• Provide financial insights to support strategic decision-making.
• Collaborate with cross-functional teams to improve financial processes.
• Ensure accurate and timely financial reporting and analysis.
• Monitor cash flow and prepare cash flow forecasts in healthcare operations.
• Keep abreast of changes in financial regulations and legislation in the healthcare sector.
• Educate and advise team members on financial policies and best practices.
• Assist in developing and updating financial policies and procedures.
• Participate in financial planning and performance evaluation activities.

Qualifications and Skills:

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum of 2 years of experience in accounting, preferably in healthcare or related industry.
• Strong understanding of accounting principles and financial regulations in healthcare.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong attention to detail and accuracy in financial reporting.
• Effective communication and interpersonal skills.
• Strong problem-solving skills to identify financial issues, investigate discrepancies, and recommend solutions.
• Ability to maintain high ethical standards and integrity when dealing with financial data and sensitive information.
• A willingness to stay updated with industry trends, changes in financial regulations, and advancements in financial technology.