Junior Account Officer at EMEL

Job Summary

• The Junior Finance Officer will support the Finance Department in managing the hospital’s financial transactions, maintaining accurate records, processing payments, and ensuring compliance with financial regulations.
• The role requires strong analytical skills, attention to detail, and the ability to work efficiently in a fast-paced healthcare environment.

Key Responsibilities
Financial Transactions & Accounting:

• Assist in recording daily financial transactions, including payments, receipts, and journal entries.
• Support the reconciliation of bank statements, accounts payable, and receivable records.
• Ensure timely and accurate processing of invoices, bills, and supplier payments.
• Monitor and track petty cash expenses and maintain accurate records.
• Assist in payroll processing, including salary calculations, deductions, and tax compliance.

Financial Reporting & Compliance

• Support the preparation of monthly, quarterly, and annual financial reports.
• Assist in budget tracking and variance analysis for hospital expenditures.
• Ensure compliance with financial policies, procedures, and regulatory requirements.
• Maintain financial documentation and ensure proper filing of records.
• Assist with audits by preparing required financial data and documentation.

Revenue & Expense Management:

• Monitor hospital revenue streams and ensure accurate billing and payment tracking.
• Support revenue collection by following up on outstanding payments from patients and insurers.
• Work with other departments to ensure proper expense management and cost control.
• Identify discrepancies and report any financial irregularities to the Finance Manager.

Collaboration & Process Improvement:

• Work closely with procurement, HR, and administrative teams to ensure smooth financial operations.
• Assist in developing and implementing financial policies and internal controls.
• Provide recommendations for improving financial efficiency and reducing waste.
• Assist in any other financial duties as assigned by the Finance Manager or senior management

Experience

• Candidates should possess Bachelor's Degrees
• 1 - 3 years of experience in finance, accounting, or bookkeeping (experience in a hospital or healthcare setting is a plus).
• Proficiency in accounting software (e.g., QuickBooks, Sage, or similar) and Microsoft Excel.
• Strong numerical and analytical skills.
• Good knowledge of financial regulations and accounting principles.
• Ability to handle confidential financial information with integrity.
• Strong attention to detail and accuracy.
• Excellent communication and organizational skills.

Key Competencies:

• Financial analysis and reporting
• Accounts reconciliation and bookkeeping
• Budget tracking and expense management
• Compliance with financial regulations
• Teamwork and collaboration
• Problem-solving skills.