Receivable Accountant

SEHA - Abu Dhabi Health Services Co.; England; On-site; GBP 60,000 - 80,000; Full time

Job description

Responsibilities

• Ensure the account receivable closing process meets management requirements for timely, accurate, and reliable reporting.
• Ensure all revenue, cash, and credit collection are captured in the custom AR module without exemptions.
• Resolve issues in the custom AR module that prevent recording of manual accruals related to invoices and receipts.
• Liaise with the cash management team for the effective bank reconciliation process; coordinate with the cash management team to resolve bank reconciliation-related issues to prevent duplicate remittance advices (RAs) from being recorded from the payer side; ensure RAs are applied to invoices to control unapplied cash in AR.
• Provide detailed breakdown of accruals related to unreconciled payments and support the AR team in automating bank reconciliation for patient revenue as part of ongoing Oracle Fusion implementation.
• Coordinate with the revenue cycle management (RCM) team to collect information related to unbilled revenue accruals and ensure all accruals are recorded with a consistent approach and guidelines issued by the management every month.
• Review denial rates and ensure provisions are estimated per guidelines as well as using a prudent approach; record provisions between the current and prior year breakdown through the provisioning template.
• Ensure accruals or other necessary transactions related to non-patient and third-party receivables are correctly booked through the Oracle AR module; coordinate with the respective departments to collect information to bill the customer as per contractual obligations.
• Place a robust process in place that confirms all receivable balances in the trial balance match the subsidiary module every month, including the complete breakdown at the claim and customer level.

Qualifications

• Required: Bachelor\'s degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field, or Diploma in a relevant field with 3 years of additional experience.
• Desired: Master\'s degree or equivalent in Accounting/Finance/Commerce/Business Administration or relevant field.

About Us

Abu Dhabi Healthcare Company (SEHA) is the largest and most comprehensive healthcare network in the UAE that was established in 2007 with the objective of operating all public hospitals and clinics across the Emirate of Abu Dhabi. SEHA is committed to delivering world-class healthcare services using the most advanced diagnostics and systems across its network of public healthcare centers and hospitals in addition to partnering with global leaders in healthcare, including world renowned organizations such as the Mayo Clinic.