Finance Accountant

Date Posted: Sept. 28, 2022, 4:39 a.m.

Premier Hospital

Job Description

JOB PURPOSE

Responsible for ensuring effective systems of internal accounting controls are maintained and developed to ensure reported financial information is accurate, adequately supported and in compliance with local laws and company policies.

CORE RESPONSIBILITIES

  • Ensure accurate and appropriate recording and analysis of revenues and expenses; Resolve accounting discrepancies and irregularities
  • Ensure that records comply with laws and regulations.
  • Timely posting and processing journal entries to ensure all business transactions are up to date
  • Provide direction during Monthly stock takes and reconciliation of Variances
  • Follow up with the relevant team for variance explanation and clearance to ensure proper revenue reporting as well as strict adherence to the policies and producers.
  • Preparation of the annual Hospital budgets i.e. income-expenditure budget, capital expenditure budget, cash flow budget and balance sheet.
  • Updating accounts payable and performing reconciliations
  • Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
  • Verification of all payment vouchers to ensure accuracy and adherence to internal controls.
  • Ensure supplier/doctor payment queries and disputes are responded to and closed promptly.
  • Ensure accurate and timely processing of statutory payments to avoid penalties.
  • Ensuring daily monitoring of Cash and Cash equivalent accounts and weekly and monthly reconciliation.
  • Maintain and manage hospital’s main petty cash float.
  • Carry out random petty cash counts on all petty cash points.
  • Analysis and review of General ledger and sub-ledger accounts and journals to ensure data integrity in financial reporting
  • Preparation and presentation of the management reports to the various divisional, departmental and sectional heads monthly
  • Monitor actual performance against operating budget and provide variance explanations, and recommend specific actions
  • Provide supporting schedules, analysis, and explanations to the support accounts in the TB during external and regulatory audits and preparation of the financial statements

MINIMUM REQUIREMENTS/ QUALIFICATIONS

  • Bachelor’s degree in business, finance or accounts
  • CPA (K) and or ACCA
  • Member of a professional body e.g. CPA (K), ISACA and ICPAK will be an added advantage.
  • Knowledge of accounting and reporting standards
  • Should be familiar with costings, taxation, and cost analysis.
  • Advanced excel skills are a must
  • Hand on Knowledge of month-end and year-end closing procedures
  • Should be hands-on with a financial system & iTax.
  • Minimum 3 years of experience, preferably in healthcare would be desirable
  • Able to work under minimum supervision.

PERSONAL CHARACTERISTICS & BEHAVIOURS

  • Excellent planning and organizational skills
  • Excellent verbal and written communication skills.
  • Ability to multi-task and get things done to completion
  • A Team player with good interpersonal and communication skills
  • Confident, presentable and aggressive
  • Critical, analytical, and creative thinking to identify and solve problems
  • Must be time conscious and have a sense of urgency and meet monthly cut-off deadlines
  • Must be able to work across functions, have the drive and energy to drive excellence

How To Apply

Interested and qualified candidates should make their applications to Premier Hospital via their career link here https://www.premierhospital.org/careers/

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