Key Responsibilities
- Ensure accurate recording and reconciliation of revenue from inpatient, outpatient, pharmacy, laboratory, diagnostics, and other hospital services.
- Reconcile daily collections against hospital management system records and bank deposits, investigating and resolving discrepancies.
- Verify cashier receipts and ensure correct classification of income by service line and payment method.
- Supervise cashiering operations, monitor performance, and ensure accurate payment posting, official receipt issuance, cash handovers, and bank deposits.
- Review end-of-day reconciliations and enforce compliance with internal cash-handling procedures and financial controls.
- Prepare periodic revenue reports by department, payer category, and reporting period to support financial planning and decision-making.
- Conduct revenue variance analysis, identify revenue leakages and underperformance, and recommend corrective measures.
- Ensure timely and accurate submission of revenue reports for monthly and year-end financial reporting.
- Maintain complete documentation and audit trails for revenue transactions and support internal and external audits.
- Ensure compliance with accounting standards, tax regulations, revenue recognition principles, and hospital policies.
Requirements
Minimum Qualifications and Experience
- Bachelor’s degree in Finance or a related field.
- CPA qualification, minimum Section 4.
- At least three (3) years of relevant experience in an organization of similar size.
Required Skills and Competencies
- Strong knowledge of revenue accounting, reconciliation, and financial reporting.
- Proficiency in accounting software and hospital management systems, particularly billing and revenue reporting modules.
- Excellent analytical skills, including revenue variance analysis and identification of revenue leakages.
- High attention to detail and accuracy in reviewing financial records, receipts, and reconciliations.
- Strong understanding of internal controls, audit requirements, and financial compliance.
- Demonstrated ability to supervise, guide, and support cashiering teams.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- High levels of integrity, accountability, confidentiality, and ethical conduct.