Billing/Risk Management Officer at DEDA Hospital

Responsibilities

• Prepares asset, liability, and capital account entries by compiling and analysing account information.
• Documents financial transactions by entering account information from bank statements and other source documents
• Recommends financial actions by analysing accounting options.
• Reconciles financial discrepancies by collecting and analysing account information such as bank entries for deposits, withdrawals and POS transactions.
• Prepares monthly bank reconciliation
• Maintains financial security by following internal controls.
• Prepares management financial reports by collecting, analysing, and summarizing account information and trends.
• Maintains customer confidence and protects operations by keeping financial information confidential.
• Contributes to team effort by accomplishing related results as needed. 
• Manage multiple accounts for delinquency and debt collection efforts.
• Locate and contact debtors about outstanding obligations. These include private patients, HMO, Corporation and staff.
• Send out past due notices for delinquent accounts or for missed settlement payments to ensure payments are made
• Reconcile payments from HMOs and claims summited to resolve complaints regarding incorrect debt collection attempts.
• Do a report to management and Investigate and resolve complaints regarding incorrect debt collection attempts
• Post payment to HMO individual’s patient account on all ERPs after payment has been made by the HMO
• Report address changes and maintain files regarding debtors and current contact information.
• Send email to HMO companies for claims dispute and follow up for complete payment
• Maintain debtor’s book to ensure that the debt status is accurate and latest.
• Develop reports on aged debt accounts and days sales outstanding (DSO) reports.
• Post customers’ check and ensure timely credit transfer.
• Review collection queue to perform collection activities accordingly.
• Adhere to customer policies and procedures.
• Advise the hospital to take legal action against debtors by providing necessary information where debt collection was not possible
• Verify vendor’s outstanding payment by matching invoice with quantity of items entered into systems
• Prepare vendors liability for possible payment
• Prepares all payment voucher for cheque payment
• Draws cheque for vendors payment
• Send payment advice to vendors and Admin director for onward transmission to the bank
• Files all documents relating to payments to vendors and others
• Prepares pension schedule and send to pension houses
• Prepare tax & NSITF schedule for payment at the bank
• Raise payment vouchers for all pension, tax and NSITF
• Prepare bank tellers for payment of Pension, tax and NSITF
• Prepare annual and quarterly tax returns schedule
• Collect TIN numbers behalf of all staff and hospital
• Handles all external correspondence regarding Pension, Tax and NSITF payments.
• Enter all pension transactions into the EMR
• Prepare remittance schedule of tax and NSITF to submit at the appropriate government office
• Maintain security and confidentiality of company and customer information.
• Follow legal requirements during debt collections to avoid legal issues.
• Attend educational programs for professional growth and skill development.
• Prepares weekly/monthly/yearly work plan and report to management on all job roles
• And any other adhoc duties as assigned.

EDUCATIONAL QUALIFICATION:

• HND/ B.Sc in Account or its equivalent (Chartered accountant added advantage)

REQUIRED SKILLS AND COMPETENCES:

• Analytical skills and an eye for detail
• Excellent Numerical skills
•  Good Planning and organisational skills
• Ability to understand broader business issues
• Excellent Communication and presentation skills
• Meticulous competency in invoicing of services                                                
•  Data entry skills
• Good financial knowledge
• Good financial reporting knowledge