Revenue Assurance Accountant Job Careers – Nakasero Hospital
Job Title: Revenue Assurance Accountant
Organization: Nakasero Hospital
Duty Station: Kampala, Uganda
About US:
Nakasero Hospital is a private hospital that was started by a group of Consultant Doctors in 2009 who came together with a goal of setting up a world class hospital that would meet the healthcare needs of Ugandans and East Africans who were seeking medical treatment outside the region, due to the gap in quality healthcare services in the country.
Job Summary: The Revenue Assurance Accountant will mainly analyze the hospital financial records to gauge their accuracy and ensure that payments are made in a timely manner. The position aims at improving cash flows, along with profits and revenues, without compromising or influencing demand.
Key Duties and Responsibilities:
- Directly responsible for ensuring that revenue accruals and actuals are prepared in line with both hospital policy, standard processes and accounting rules and conventions. This includes preparation of month-end adjustments and accruals and other adjustments/accruals as required. Ensuring the related costs of revenue and other associated accounting entries are correctly posted.
- Manage the end to end process redesign and development of the revenue operations functions in line with better practice principles and hospital need. Lead ongoing continuous improvement of revenue billing to collection processes, systems and staff members and improve credit risk, reducing the hospital bad debt exposure with a target that all customers meet their obligations in accordance with agreed terms.
- Manage the key linkages between revenue operations, and finance including improving data integrity, ensuring data process flows are understood and owned with clear accountabilities and revenue operations reconciliations are developed and undertaken on a regular cycle, with follow up of exceptions and variances.
- Responsible for preparation of monthly bank reconciliations and follow up on reconciling items.
- Provide data analysis for strategic and tactical decision making. Analyze transactional volumes and work trends across the revenue services teams to identify ongoing improvement opportunities and provide routine and ad-hoc performance reporting against KPIs. Support measures that meet statutory and regulatory reporting requirements.
- Develop, implement and lead ongoing management of cash flow forecasting.
- Provide leadership across the revenue services internal control and governance including developing improved internal controls, reporting, policies and procedures as well as training where needed across the function and organization to improve revenue assurance practices and eliminate errors. This also includes creating a greater focus on revenue leakage elimination across the Hospital.
- Any other duties as may be assigned by the supervisor
Qualifications, Skills and Experience:
- The applicant must hold a Bachelor’s degree in Commerce/Business Administration/other relevant degree, specializing in Accounting, and successful completion of professional courses like CPA /ACCA
- Three to five years of accounting experience
- Knowledge of finance, accounting, budgeting, and cost control principles including IFRS.
- Knowledge of financial and accounting ERP software applications.
- Knowledge of state financial regulations.
- Ability to analyze financial data and prepare financial reports, statements and projections.
- Strong analytical and interpersonal skills.
- Strong leadership and team building skills.
- Aggressive anticipation of impacts of workload.
- Willingness to work some longer hours during peak periods.
- Self-motivated.
- Ability to work independently and as part of a team.
- Ability to organize time, manage diverse activities and meet deadlines under pressure.
How to Apply:
All suitably qualified and interested candidates that have relevant experience, know that they meet the above criteria and have what it takes to excel in the above position, should submit their applications addressed to the Human Resource Manager at the HR office
Deadline: 2nd October 2020 by 5.00pm.
NB: Nakasero Hospital does not offer any positions without an interview and never asks candidates for money. If you are asked for money, we strongly recommend that you do not respond and do not send money or personal information.