Chief Accountant - (Hospital)

Business Process Outsourcing International, Inc.; Parañaque; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

Business Process Outsourcing International, Inc. seeks a Chief Accountant to oversee the hospital’s entire accounting operation, ensuring accurate, timely financial reporting and strong internal controls.

The role demands leadership across departments and deep knowledge of healthcare revenue cycles and regulatory compliance. The candidate should have extensive hospital accounting experience, solid expertise in general ledger, revenue accounting, and month‑end closing, and be able to drive

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA license is preferred but not required.
• 8–10 years of progressive accounting experience with leadership.
• Hospital or healthcare accounting experience is required.
• Strong knowledge of General Ledger, Financial Reporting, Revenue Accounting, AP/AR, Cash Management, Fixed Assets, and Month-End Closing.
• Knowledge of Philippine Accounting Standards, taxation, and regulatory compliance.
• Experience with accounting/ERP systems and advanced Microsoft Excel skills.
• Proven ability to lead, supervise, and develop accounting teams.
• Excellent communication and stakeholder management skills.

Responsibilities

• Lead and oversee the hospital’s overall accounting function and daily accounting operations.
• Supervise, manage, and develop the Accounting team.
• Oversee General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Inventory, and Revenue Accounting.
• Manage and review month-end, quarter-end, and year-end closing activities.
• Review and approve journal entries, accruals, adjustments, reconciliations, and accounting schedules.
• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
• Monitor and reconcile hospital revenues, patient accounts, collections, expenses, and other healthcare-related transactions.
• Oversee accounting for patient billing, HMO/insurance transactions, medical services, pharmacy, laboratory, and other hospital revenue streams.

Skills

Advanced Excel

Leadership experience

Analytical thinking

Stakeholder management

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems

Microsoft Excel

Job description

Job Description: Chief Accountant – Hospital

Position Overview:

The Chief Accountant will oversee the hospital’s overall accounting operations, ensuring the accuracy, integrity, and timely preparation of financial records and reports. The role will provide accounting leadership across the organization while ensuring compliance with accounting standards, tax regulations, internal policies, and hospital financial controls.

The ideal candidate should have extensive hospital accounting experience, strong leadership capabilities, and a solid understanding of healthcare-related financial transactions, revenue cycles, and financial reporting.

Key Responsibilities:

• Lead and oversee the hospital’s overall accounting function and daily accounting operations.

• Supervise, manage, and develop the Accounting team, ensuring efficient and accurate delivery of accounting activities.

• Oversee General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Inventory, and Revenue Accounting.

• Manage and review month-end, quarter-end, and year-end closing activities.

• Review and approve journal entries, accruals, adjustments, reconciliations, and accounting schedules.

• Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.

• Monitor and reconcile hospital revenues, patient accounts, collections, expenses, and other healthcare-related transactions.

• Oversee accounting for patient billing, HMO/insurance transactions, medical services, pharmacy, laboratory, and other hospital revenue streams.

• Review accounts receivable aging, collections, and revenue reconciliation and coordinate with relevant departments to resolve discrepancies.

• Monitor hospital expenses and ensure proper account classification, documentation, and financial controls.

• Assist in the preparation of annual budgets, forecasts, and financial plans.

• Conduct financial and account analysis and provide recommendations to hospital management.

• Establish, maintain, and strengthen accounting policies, procedures, and internal controls.

• Ensure compliance with applicable Philippine Accounting Standards, tax regulations, statutory requirements, and hospital policies.

• Coordinate with Hospital Administration, Billing, Treasury, Purchasing, Pharmacy, Laboratory, Nursing, and other departments regarding accounting and financial concerns.

• Lead and coordinate internal and external audits, ensuring accurate and timely submission of required reports and supporting documents.

• Identify accounting discrepancies, financial risks, and control weaknesses and implement appropriate corrective actions.

• Ensure proper maintenance and safekeeping of financial records, supporting documents, and accounting files.

• Coordinate with external parties such as auditors, banks, government agencies, suppliers, and financial institutions when required.

• Recommend improvements to accounting processes, systems, reporting, and internal controls.

• Provide management with accurate financial information and insights to support strategic and operational decision-making.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.

• CPA license is preferred/But not required.

• At least 8–10 years of progressive accounting experience, with substantial leadership or managerial experience.

• Hospital or healthcare accounting experience is required.

• Strong knowledge of General Accounting, General Ledger, Financial Reporting, Revenue Accounting, AP/AR, Cash Management, Fixed Assets, and Month-End Closing.

• Strong understanding of hospital revenue cycles, patient billing, HMO/insurance transactions, and healthcare receivables.

• Knowledge of Philippine Accounting Standards, taxation, and regulatory compliance.

• Experience with accounting/ERP systems and advanced Microsoft Excel skills.

• Proven ability to lead, supervise, and develop accounting teams.

• Strong analytical, organizational, problem-solving, and decision‑making skills.

• Excellent communication and stakeholder management skills.

• High level of integrity, accuracy, confidentiality, and accountability.

• Amenable to work onsite in Parañaque.

• Can start ASAP