Job Summary
The Accountant is responsible for managing financial transactions, ensuring compliance with accounting standards, and supporting the financial health of our hospital. This role requires a strong understanding of healthcare finance and accounting principles to effectively manage the unique financial aspects of a healthcare environment.
Main Duties
· Record all financial transactions accurately in the accounting system, including accounts payable, accounts receivable, and payroll.
· Generate monthly, quarterly, and annual financial statements in compliance with Nigerian accounting standards.
· Regularly reconcile bank statements with internal records to ensure accuracy and identify discrepancies.
· Monitor cash flow to ensure sufficient funds are available for operational needs.
· Support the preparation of annual budgets by providing historical data and projections based on departmental needs.
· Track actual expenditures against budgeted amounts, providing variance analysis and recommendations for corrective actions.
· Maintain compliance with relevant laws, regulations, and hospital policies regarding financial practices.
· Assist in the preparation of tax returns and ensure timely submission to relevant authorities.
· Collaborate with internal and external auditors during audits to provide necessary documentation and explanations regarding financial records.
· Assist in developing and enforcing internal controls to safeguard hospital assets and ensure accurate financial reporting.
· Participate in regular assessments of financial processes for potential risks, recommending improvements as needed.
· Ensure accurate billing of patients for services rendered, including coordination with insurance providers for claims processing.
· Monitor outstanding patient accounts, follow up on overdue payments, and resolve billing disputes.
· Collaborate with department heads to understand their financial needs and provide support in managing their budgets.
· Attend finance department meetings to discuss ongoing projects, challenges, and updates on financial performance.
· Compile comprehensive reports for management that include analysis of key performance indicators (KPIs) related to financial performance.
· Conduct detailed analyses of financial data to identify trends, variances, and opportunities for cost savings or revenue enhancement.
· Educate staff on financial policies and procedures to foster a culture of accountability within the organization.
· Build relationships with key stakeholders in the community to enhance the hospital's reputation.
· Keep abreast of changes in accounting standards, regulations, and best practices relevant to healthcare finance.
· Engage in professional development activities to enhance accounting skills and knowledge specific to healthcare finance.
Requirements
Requirements
· Bachelor’s degree in Accounting (required).
· Minimum of 3 years of experience in accounting roles, preferably within a healthcare setting.
· Strong knowledge of Nigerian accounting standards and healthcare finance regulations.
· Proficient in accounting software (e.g., QuickBooks, Sage) and Microsoft Excel.
· Excellent analytical skills with attention to detail.
· Strong communication skills for effective interaction with patients, staff, and external stakeholders.
Benefits
Salary
₦150,000 – ₦200,000 monthly
Other Benefits: Health cover, paid leave, professional development opportunities.
Job Types: Full-time, Permanent
Pay: From ₦200,000.00 per month
Application Question(s):
- Do you have healthcare Experience?