ACCOUNTANT- HOSPITAL

KEY ACCOUNTABILITIES

1. Financial Reporting & Records Management

• Maintain up-to-date and accurate financial records across all revenue and expense categories.
• Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and relevant healthcare accounting standards.
• Generate management reports to support data-driven decision-making.

2. Budgeting & Cost Control

• Support the preparation of the hospital’s annual operating and capital budgets.
• Monitor departmental expenditures and identify variances for corrective action.
• Recommend cost-saving measures while maintaining service quality.

3. Revenue Cycle & Billing Oversight

• Supervise billing processes to ensure accurate and timely invoicing of services to patients, insurers, and corporate clients.
• Reconcile revenue between the billing system, accounts receivable, and bank deposits.
• Collaborate with credit control and billing teams to manage receivables and claim follow-ups.

4. Payroll & Staff Compensation

• Manage payroll preparation, ensuring compliance with statutory deductions and timely payment of salaries.
• Maintain confidential employee records related to earnings, benefits, and leave balances.
• Liaise with HR on payroll changes, new hires, and terminations.

5. Regulatory Compliance & Taxation

• Ensure timely filing and remittance of statutory obligations (NHIF, NSSF, PAYE, VAT, etc.).
• Support compliance with all financial and healthcare regulations set by KRA, Ministry of Health, and relevant bodies.
• Assist in annual tax audits and statutory financial audits.

6. Internal Controls & Auditing

• Implement and monitor internal financial controls to safeguard hospital assets and prevent fraud.
• Maintain accurate documentation to support internal and external audits.
• Support development of finance policies and ensure policy adherence.

7. Asset & Inventory Management

• Maintain a fixed asset register and support physical asset verifications.
• Work with the procurement and stores teams to track medical and non-medical inventory usage, reconciliation, and reporting.

QUALIFICATIONS & EXPERIENCE

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA (K), ACCA, or equivalent professional qualification.
• Minimum of 3–5 years’ experience in accounting, preferably in a hospital, clinic, or medical insurance environment.
• Proficient in accounting software (e.g., QuickBooks, Sage, Navision, or hospital ERP systems).
• Working knowledge of hospital billing, revenue cycle, and insurance reconciliation.

KEY COMPETENCIES

• Financial Accuracy & Integrity – Strong attention to detail and ethical responsibility in financial handling.
• Analytical Thinking – Able to interpret financial data, spot trends, and support forecasting.
• Time Management – Capable of managing multiple deadlines in a dynamic healthcare setting.
• Communication Skills – Clear communicator, especially when engaging non-finance departments.
• Confidentiality – Maintains discretion in handling payroll, payments, and sensitive transactions.
• System Proficiency – Competent in Excel, financial reporting tools, and ERP-based systems.