Job Summary

• The Senior Accountant is responsible for managing and overseeing the hospital's financial operations, including financial reporting, general ledger management, budgeting, and compliance. This role involves ensuring the accuracy and integrity of financial information, supporting strategic financial planning, and contributing to effective internal controls. The Senior Accountant works closely with the Finance Manager and other finance team members to support the hospital's financial health and regulatory compliance.

Key Responsibilities:

Financial Reporting:

• Prepare and review monthly, quarterly, and annual financial statements
• Ensure timely and accurate reporting of financial results to the Finance Manager and senior management.
• Assist in the preparation of financial reports for external stakeholders, including regulatory agencies and auditors.

General Ledger Management:

• Oversee daily accounting operations, including journal entries, reconciliations, and maintenance of the general ledger.
• Ensure all financial transactions are recorded accurately and in a timely manner.
• Review and approve account reconciliations to ensure completeness and accuracy.

Budgeting and Forecasting:

• Assist in the development of the annual budget and periodic forecasts.
• Monitor budget performance and analyze variances between actual and budgeted figures.
• Provide detailed financial analysis and insights to support decision-making processes.

Compliance and Audit:

• Ensure compliance with all relevant financial regulations and standards.
• Coordinate and support internal and external audits, including preparation of audit schedules and responding to audit queries.
• Implement and maintain effective internal controls to safeguard assets and ensure financial data integrity.

Accounts Payable and Receivable:

• Oversee accounts payable and receivable processes to ensure timely and accurate processing.
• Review and approve invoices, payments, and receipts.
• Manage the hospital’s cash flow and ensure efficient handling of cash transactions.

Payroll and Fixed Assets:

• Supervise payroll processing and ensure accurate and timely payment of salaries and benefits.
• Maintain the fixed asset register and oversee the capitalization, depreciation, and disposal of assets.

Financial Systems and Processes:

• Optimize and enhance financial systems and processes for efficiency and accuracy.
• Provide training and support to finance staff on accounting procedures and system usage.
• Identify opportunities for process improvements and implement best practices.

Collaboration and Communication:

• Work closely with the Finance Manager and other department heads to support financial planning and analysis.
• Communicate financial information and insights to non-financial managers in a clear and understandable manner.
• Participate in cross-functional teams and projects to support hospital-wide initiatives.

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA or equivalent certification preferred.
• Experience: 5+ years of experience in accounting or financial management, preferably in a healthcare or hospital setting.
• Previous experience in audit is an added advantage.

Skills:

• Strong technical accounting skills and knowledge of IFRS.
• Proficiency in accounting software and advanced MS Excel skills.
• Excellent analytical and problem-solving abilities.
• Strong attention to detail and high level of accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Knowledge of healthcare finance and hospital operations is a plus.