Financial accountant

HYF Medical Center; Dubai; On-site; AED 56,000 - 67,000; Full time

Job summary

HYF Medical Center in Dubai invites applications for a Financial Accountant to manage daily accounting operations and support the financial management of the center. This role ensures accurate records, compliant VAT reporting and timely month-end closes in a fast-paced healthcare setting.

Key duties include general accounting, accounts receivable/payable, bank reconciliations, billing related to insurance/TPA, and financial reporting.

Qualifications

• Bachelor degree in Accounting, Finance, Business Admin or related field.
• 3–5 years accounting experience.
• Healthcare/medical center experience preferred.
• Knowledge of UAE VAT and local accounting practices.
• Experience with AR, AP, GL and bank reconciliations.
• Experience with insurance/TPA billing is a plus.
• Proficiency with ERP systems and MS Excel.

Responsibilities

• General accounting and maintenance of financial records.
• Monitor accounts receivable and revenue recognition.
• Reconcile insurance/TPA claims and payments.
• Process supplier invoices and operating expenses.
• Assist UAE VAT accounting and reporting.
• Support monthly and year-end closing and reporting.
• Contribute to internal control procedures and audits.

Skills

Financial Accounting

General Ledger

Accounts Receivable

Accounts Payable

Bank Reconciliation

Cash Flow Management

Revenue Reconciliation

Education

Bachelor's degree in Accounting/Finance/Business Admin

Tools

Odoo

SAP

Oracle

Microsoft Dynamics

QuickBooks

Job description

Financial Accountant

Company: HYF Medical Center

Department: Finance & Accounting

Location: Jumeirah 1, Dubai, UAE

Employment Type: Full-time

Number of Positions: 1

Salary: AED 5,000–6,000 per month

About HYF Medical Center

HYF Medical Center is an international medical center located in Jumeirah 1, Dubai, providing premium healthcare services to local, international and VIP patients.

Our services include Longevity Medicine, Preventive Healthcare, Precision Health Management, Functional Medicine, Regenerative Medicine, Dermatology & Aesthetic Medicine, Men's Health, Women's Health, General Practice, Internal Medicine, Traditional Chinese Medicine, Laser Medicine, Plastic Surgery, Urology and Day Surgery.

We are looking for an experienced and detail-oriented Financial Accountant to manage daily accounting operations and support the financial management of the medical center.

Key Responsibilities

1. General Accounting

   Manage daily accounting transactions and financial records.

   Maintain accurate and complete accounting books and supporting documents.

   Record sales, purchases, expenses, receipts, payments and other financial transactions.

   Perform bank, cash and credit card reconciliations.

   Maintain the general ledger and prepare accounting schedules.

2. Accounts Receivable & Revenue

   Monitor patient payments, outstanding balances and daily collections.

   Manage accounts receivable and follow up on overdue payments.

   Reconcile patient invoices, receipts and payment records.

   Monitor revenue from consultations, treatments, procedures, memberships and other healthcare services.

   Coordinate with the Patient Services and Reception teams regarding payment discrepancies.

3. Insurance & TPA Accounting

   Monitor insurance and TPA-related receivables and claims.

   Reconcile submitted claims, approved amounts, rejected claims and received payments.

   Follow up on outstanding insurance/TPA payments.

   Coordinate with the insurance and billing teams to resolve claim and payment discrepancies.

   Prepare regular reports on insurance receivables and collection status.

4. Accounts Payable

   Process supplier invoices, purchase invoices and operating expenses.

   Verify invoices against supporting documents and approvals.

   Maintain supplier accounts and payment schedules.

   Prepare payment requests and assist with monthly payment planning.

   Reconcile supplier statements and resolve discrepancies.

5. VAT & UAE Tax Compliance

   Assist with UAE VAT accounting, reporting and documentation.

   Maintain proper VAT records and supporting documents.

   Assist with VAT return preparation and submission.

   Coordinate with external tax advisors or auditors when required.

   Support compliance with UAE tax and accounting requirements.

6. Monthly & Year-End Closing

   Assist with monthly and year-end financial closing.

   Prepare monthly management accounts and financial reports.

   Perform account reconciliations and investigate discrepancies.

   Prepare supporting schedules for financial statements.

   Assist with annual audit and provide requested financial documentation.

7. Financial Reporting & Analysis

   Prepare regular financial reports for management.

   Monitor revenue, expenses, receivables and payables.

   Assist management in analyzing financial performance and cash flow.

   Prepare budget tracking and variance reports.

   Identify unusual transactions, financial discrepancies and potential risks.

8. Internal Controls

   Maintain proper financial documentation and approval procedures.

   Support internal financial controls and accounting policies.

   Ensure financial transactions are properly authorized and recorded.

   Maintain confidentiality of patient, employee and company financial information.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration or a related field.
• 3–5 years of relevant accounting experience.
• Experience in a medical center, hospital, clinic, healthcare company or other service-based organization is highly preferred.
• Strong knowledge of UAE accounting practices and VAT.
• Experience with Accounts Receivable, Accounts Payable, General Ledger and Bank Reconciliation.
• Experience with insurance/TPA billing and healthcare revenue accounting is a strong advantage.
• Experience with accounting software such as Odoo, SAP, Oracle, Microsoft Dynamics, QuickBooks or similar systems.
• Good knowledge of Microsoft Excel, including formulas, reconciliation and financial reporting.
• Experience supporting external audits is preferred.

Key Skills

• Financial Accounting
• General Ledger
• Accounts Receivable
• Accounts Payable
• Bank Reconciliation
• Cash Flow Management
• Revenue Reconciliation