Senior Accountant

Company Overview:

Our Client offers specialized education and training in wellness and aesthetic medicine. It aims to equip professionals with advanced skills in aesthetic procedures and health optimization practices.

Job Summary:

We are seeking a detail-oriented and experienced Senior Accountant to join our clients finance team within a dynamic healthcare environment. This role is critical in ensuring accurate financial reporting, regulatory compliance, and operational efficiency across hospital operations. 

Key Responsibilities:

Financial Reporting & Compliance

• Prepare and analyze monthly, quarterly, and annual financial statements aligned with healthcare operations.

• Ensure adherence to MFRS, IFRS, and other healthcare-specific financial reporting standards.

• Maintain accurate general ledger entries related to patient billing, insurance claims, inventory, and other healthcare transactions.

• Perform timely reconciliations of accounts and resolve discrepancies effectively.

• Manage the month-end and year-end closing processes, including provisions, depreciation of medical equipment, and revenue accruals from various payer sources.

• Ensure compliance with local tax regulations and healthcare financial laws.

• Prepare SST submissions and liaise with external tax agents and auditors.

Budgeting & Analysis

• Support the preparation of annual budgets and rolling forecasts, factoring in patient volumes, medical service costs, and public/private funding sources.

• Provide detailed variance analysis and financial insights to support hospital leadership in strategic decisions.

• Analyze departmental profitability, treatment costs, and operational expenditures to enhance financial efficiency.

Internal Controls & Audit

• Implement and monitor internal controls to prevent revenue leakage and ensure financial data integrity.

• Support internal and external audits, particularly in areas such as insurance billing, clinical services, and patient account management.

Operational Support

• Oversee procurement and inventory usage of medical supplies and pharmaceuticals from an accounting perspective.

• Collaborate with IT and clinical departments to ensure seamless integration between the Hospital Information System (HIS), accounting software, and inventory management systems.

• Supervise and mentor junior accounting staff to ensure high-quality deliverables and adherence to deadlines.

• Deliver training and guidance on financial procedures and healthcare documentation requirements.

Requirements:

• Bachelors Degree in Accounting, Finance, or a related field.

• Professional certification (e.g., ACCA, CPA, CIMA) is highly desirable.

• Minimum 3-5 years of relevant accounting experience, preferably within a hospital or healthcare environment.

• Familiarity with healthcare billing systems and insurance claim reconciliation is an advantage.

• Solid understanding of healthcare cost structures, patient billing cycles, and third-party payor systems.

• Strong analytical, problem-solving, and interpersonal communication skills.

• Proficient in accounting systems such as SQL, SAP, or HIS-integrated platforms.