Job Summary
The Accountant is responsible for managing and overseeing daily financial transactions, preparing financial statements, and ensuring compliance with relevant regulations and standards. Reporting to the Senior Accountant, this role supports the hospital’s financial operations through accurate record-keeping, analysis, and reporting.
Key Responsibilities:
Financial Reporting and Analysis:
Prepare and analyze monthly, quarterly, and annual financial statements.
Generate financial reports for management review, providing insights and recommendations.
Conduct variance analysis to identify discrepancies and propose corrective actions.
General Ledger Maintenance:
Maintain the general ledger by recording and verifying financial transactions.
Prepare and post journal entries for month-end and year-end close processes.
Reconcile general ledger accounts and ensure accuracy in financial reporting.
Accounts Payable and Receivable:
Process and record vendor invoices, ensuring timely and accurate payments.
Manage accounts receivable, track incoming payments, and follow up on outstanding balances.
Reconcile accounts payable and receivable accounts to ensure accuracy and completeness.
Budgeting and Forecasting:
Assist in the preparation of the annual budget and financial forecasts.
Monitor budget performance and report any significant variances.
Provide support in compiling data for budget analysis and forecasting activities.
Compliance and Audit Support:
Ensure compliance with financial regulations.
Assist in the preparation of documentation for internal and external audits.
Implement and maintain internal control policies and procedures to safeguard hospital assets.
Payroll Processing:
Support the payroll process by ensuring accurate calculation and timely disbursement of salaries.
Maintain payroll records and resolve any payroll-related issues.
Financial Documentation and Record Keeping:
Maintain accurate and organized financial records, both electronic and paper-based.
Ensure timely and accurate filing of all financial documents.
Assist in the development and maintenance of financial policies and procedures.
Collaboration and Communication:
Work closely with the finance team and other hospital departments to ensure smooth financial operations.
Communicate effectively with vendors, customers, and other stakeholders to resolve financial issues.
Provide support and assistance to other members of the finance team as needed.
Other Duties:
Participate in continuous professional development and training.
Perform other related duties as assigned by the Senior Accountant.
Qualifications:
Education: Bachelor’s degree in Accounting, Finance, or a related field.
Experience: 2-5 years of accounting experience, preferably in a healthcare or hospital setting.
Previous experience in audit is an added advantage.
Skills:
Strong understanding of accounting principles and practices.
Proficiency in accounting software and MS Office, particularly Excel.
Excellent organizational and time management skills.
Strong attention to detail and accuracy.
Effective communication and interpersonal skills.
Ability to work independently and as part of a team.
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