Job Type: Full-time
Experience Required: 3+ years in the healthcare industry
Reporting To: Finance Manager
Job Summary:
We are seeking a detail-oriented and experienced Accountant with a strong background in the healthcare sector. The ideal candidate will be responsible for overseeing the financial health of our organization through accurate record-keeping, effective insurance reconciliation, and compliance with DHA (Dubai Health Authority) regulations. The role requires a thorough understanding of both general accounting principles and healthcare financial operations.
Key Responsibilities:
General Accounting:
- Maintain and update the general ledger, ensuring accurate classification and recording of all financial transactions.
- Prepare and post journal entries for accruals, prepayments, and other adjusting entries.
- Conduct monthly bank reconciliations and resolve discrepancies in a timely manner.
- Prepare trial balances, profit & loss statements, balance sheets, and other financial reports.
- Manage accounts payable (AP) and accounts receivable (AR), including vendor payments and customer invoicing.
- Process payroll entries and reconcile with HR reports (if applicable).
- Monitor cash flow, forecast liquidity needs, and report on cash positions.
- Assist in the preparation of monthly, quarterly, and annual financial closings.
- Ensure accurate and timely filing of VAT returns and compliance with local tax regulations.
- Coordinate with internal and external auditors by providing necessary reports and documents.
Healthcare Insurance Reconciliation:
- Verify and reconcile insurance claims submitted vs. payments received, identifying and resolving any mismatches or short payments.
- Track pending claims, follow up with insurance providers for approvals or clarifications.
- Liaise with billing and medical coding teams to correct rejected claims and ensure proper resubmission.
- Maintain detailed records of insurance reconciliations, denials, and recovery status.
Compliance with DHA Regulations:
- Ensure all financial and billing practices are compliant with DHA rules and healthcare policies.
- Maintain documentation and reports as per DHA audit requirements.
- Stay updated on changes to DHA guidelines affecting billing, accounting, and claims.
Qualifications and Skills:
- Bachelor's degree in Accounting, Finance, or related field.
- Minimum 3 years of accounting experience in the healthcare industry.
- Proven experience in insurance reconciliation and familiarity with DHA regulations.
- Solid understanding of general accounting principles (GAAP or IFRS).
- Strong analytical and problem-solving skills with attention to detail.
- Proficiency in accounting software (e.g., Tally, QuickBooks, SAP, or similar ERP systems).
- Strong organizational and time management skills.
Preferred Qualifications:
- Experience with healthcare ERP systems (e.g., SAP, Oracle, or specialized hospital management software).
- Certification such as CPA, CMA, or UAECA is a plus.
- Prior involvement in internal/external audits within the healthcare sector.
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Abdulwahed Bin Shabib Investment Group LLC
Mr. Saifudeen