- The Accountant will be responsible for maintaining accurate financial records, monitoring revenue and expenditure, preparing financial reports, reconciling accounts, and ensuring compliance with the hospital's financial policies and applicable statutory requirements.
- The successful candidate must be trustworthy, detail-oriented, competent in accounting software, and capable of meeting reporting deadlines with minimal supervision.
Key Duties and Responsibilities
- Prepare daily, weekly, monthly, and annual financial reports.
- Prepare monthly income statements, expense reports, and other management accounts.
- Submit monthly financial reports to management within the stipulated deadline.
- Maintain accurate and up-to-date accounting records.
Revenue and Payment Management
- Monitor patient payments, HMO receipts, POS transactions, bank transfers, and other revenue sources.
- Reconcile daily hospital revenue against patient billing records and payment channels.
- Monitor outstanding HMO claims and follow up on payments with the relevant departments.
- Ensure all income is properly recorded and accounted for.
Expense and Cash Management
- Monitor hospital expenditure and verify supporting documents before processing payments.
- Maintain petty cash records and prepare periodic reconciliations.
- Track departmental spending against approved budgets.
- Ensure all payments are properly authorised and documented.
Bank and Account Reconciliation
- Perform regular bank, POS, cash, and ledger reconciliations.
- Investigate and resolve discrepancies promptly.
- Maintain accurate accounts payable and receivable records.
Payroll and Statutory Compliance
- Assist with payroll preparation and reconciliation.
- Maintain records for applicable taxes, pension contributions, and other statutory deductions.
- Support timely filing and remittance of applicable statutory obligations.
Internal Control and Audit
- Ensure compliance with hospital financial policies and procedures.
- Maintain proper filing of receipts, invoices, vouchers, and other financial documents.
- Identify and report unusual transactions, financial discrepancies, and control weaknesses.
- Assist with internal and external audits.
Budgeting and Financial Advisory
- Assist management in preparing annual budgets and cash-flow forecasts.
- Analyse revenue, costs, and financial performance.
- Recommend measures to control costs, improve collections, and increase profitability.