Hospital Accountant at St Dominic Catholic Hospital

Job Summary

• The Hospital Accountant is responsible for managing and overseeing the financial operations of the hospital, ensuring accurate financial reporting, and compliance with regulatory requirements.
• This role requires strong analytical, communication, and organizational skills.

Key Responsibilities
Financial Management:

• Prepare and analyze financial statements (balance sheet, income statement, cash flow).
• Manage accounts payable, accounts receivable, and general ledger.
• Develop and implement financial policies and procedures.
• Ensure compliance with Generally Accepted Accounting Principles and healthcare regulations.

Budgeting and Forecasting:

• Participate in budget preparation and financial planning.
• Analyze financial performance against budget and forecast.
• Identify areas for cost reduction and process improvement.

Revenue Cycle Management:

• Oversee patient billing, insurance claims, and collections.
• Monitor and address denied claims and revenue cycle issues.

Auditing and Compliance:

• Coordinate audits.
• Ensure compliance with regulatory requirements.
• Identify and mitigate financial risks.

Reporting and Analysis:

• Prepare financial reports for management and stakeholders.
• Analyze financial data to inform business decisions.
• Develop and maintain key performance indicators (KPIs).

Team Management:

• Supervise accounting staff.
• Provide training and guidance on financial procedures.
• Evaluate staff performance.

Other Responsibilities:

• Participate in financial planning and strategy development.
• Collaborate with departments on financial matters.
• Stay up-to-date with industry trends and regulatory changes.

Requirements
Education:

• HND / Bachelor's Degree in Accounting or Finance.
• Certified Accountant or ICAN membership preferred.

Experience:

• 3-5 years of accounting experience in healthcare.
• Hospital or healthcare finance experience preferred.

Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficient in accounting software
• Knowledge of healthcare regulations and compliance( Good to have)

Working Conditions

• Serene Office environment.
• Occasional travel for training or conferences.