Job Description
- Performing daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledge
- Tracking receivables and ensuring timely collection of payments from patients, insurance companies, and partners.
- Reconciling daily cash, credit, and insurance receipts with medical records and billing systems.
- Maintaining accurate patient and customer accounts in the accounting system.
- Following up on outstanding accounts and sending regular reminders or statements.
- Resolving billing issues and discrepancies in coordination with clinic reception, insurance and guest relations teams.
- Monitoring aged receivables and preparing aging reports for management review.
- Supporting monthly closing by providing reports on collections, bad debts, and revenue trends.
- Assisting with audits, internal controls, and compliance related to accounts receivable.
- Ensuring all receivables comply with healthcare financial regulations and insurance contract terms.
- Reconciling accounts receivable & assisting with reviewing expenses.
- Recording day-to-day financial transactions and complete the posting process.
- Perform other work-related tasks as and when required by the line and matrix manage
- overseeing the accounting department daily operations ,including month and end-year process accounts receivable cash receipts general ledger payroll and utilities treasury
- Gathering supporting documentation and performing recordkeeping.
- Preparing & presenting accurate, timely financial statements, reports & analysis to the executive team and/ or board of directors.
- Advising managers on financial matters that affect the company and create long-term financial plans
- Participating in preparations of financial statements and management reporting for multiple entities according to Group reporting standards.
- Participating in ensuring accounting transactions in entities are recorded onto the relevant systems accurately and on a timely basis, in accordance with Group policies and procedures.
- Participating in coordinating financial control and oversight to ensure sub-ledgers and general ledger are complete and accurate, balances are existing, complete and properly supported.
- Leading & managing monthly group reporting, month end closing process, and adhering to Month End closing deadlines to deliver timely group reporting submission of financial statements.
- Participating in providing BS and P&L analysis.
- Preparing and reviewing balance sheet reconciliations on monthly basis
- Providing data and explanations for the annual auditing and reviewing of local statutory accounts to allow sign off of local statutory accounts.
- Supporting business controllers, local entities, holdings, providing professional advice in accounting, reporting and assistance in local statutory reporting.
- Providing high quality customer service to the business departments and business controllers, in accordance with agreed service level agreements.
- Contributing to the compliance and internal control over accounting, taxation , reporting processes, actively participate in policies and procedures implementation
- Actively participate in process, systems improvements and continuous improvement activities to increase process efficiency and productivity.
- Supporting all accounting and finance team members, inventory management, and cost accounting
- Monitoring and collecting accounts receivable by contacting clients via telephone, email, and mail
Job Requirements
- Bachelor degree in Finance/ General Accounting
- At least 3 years of work experience as an accounts receivable , accounts payable or/and General accountant within Healthcare industry
- Ability to work under pressure, meeting critical deadlines, work independently and as Team player
- Professional computer skills on Advanced Microsoft Office, SAP, accounting /financial planning software and databases
- Familiarity with Healthcare billing systems, insurance claims, and coding is a strong advantage
- Proven experience with the Financial Statistics , Accounting Principles, Logistics, Income Tax, and Banking
- Working knowledge of all statutory legislation and regulations
- Understanding of Generally Accepted Accounting Principles (GAAP) , Accounting Standards (IFRS and EAS) & Statutory Accounting Principles (SAP)
- Proficiency with QuickBooks Online and one of the commonly used accounting ERP systems, such as Oracle, SAP, NetSuite
- Proficient in all Microsoft Office applications
- Available to relocated to Red sea , as soon as possible
- Available for Domestic travel when required.
Desirable Requirements:
- Expert user for bookkeeping and accounting principles, practices, standards, laws and regulations
- Familiar with accounting techniques (Local Gaap, statutory consolidation, payroll, etc.)
- Working under pressure, meeting deadlines & achieving targets based on the Hospital objectives guidelines
- Result-Based & Detailed Oriented
- Ability to build strategic and long term relationships
- Experience in managing a team of qualified and semi- qualified professionals
- Manipulating & managing large amounts of data
- Proficiency with Google Drive
- Strong mathematical skills
- Analytical thinker with strong conceptual and problem-solving approaches.
- Professional user for taxation laws n regulations, financial modelling and projections
Skills:
- Excellent Communication & presentation Skills
- Fluent in Arabic & English languages (speaking and writing)
- Financial risk assessment skills
- Excellent report-writing and communication skills
- Excellent communication, interpersonal and presentation skills
- Good analytical and synthesizing skills
- Financial Controlling & Performance skills
- Cash Flow Management skills
- Excellent interpersonal and negotiation skills
- Outstanding organizational and time management skills
- Organizing, prioritization and delegation skills
- Business development skills
Benefits:
- We are providing single accommodation + attractive salary & monthly based bonus