Senior Associate Executive

National Healthcare Group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A healthcare provider in Singapore is looking for a Finance Officer to oversee monthly reconciliation of bank accounts and handle medical billing. Responsibilities include processing refunds, managing intercompany reconciliations, and preparing journal vouchers. Ideal candidates will have relevant finance degrees, reconciliation skills, and proficiency in SAP. This full-time position offers opportunities to work in a dynamic healthcare environment where attention to detail and strong communication skills are essential.

Qualifications

• Experience in managing medical billing and reconciliation processes.
• Proficient in handling financial transactions and accounts.
• Ability to liaise with different departments for billing discrepancies.

Responsibilities

• Perform monthly reconciliation on bank accounts to the General Ledger.
• Process patient and third-party refunds.
• Liaise with HR on staff pre-employment billing.

Skills

Reconciliation skills

Attention to detail

Communication skills

Knowledge of SAP

Education

Relevant degree in finance or accounting

Tools

SAP

Job description

Select how often (in days) to receive an alert: Create Alert

- Perform monthly reconciliation on bank accounts to General Ledger (DBS)

2. MEDISAVE

• Manual re-submission of CPF claims (special/complaint/ block a/c)
• Checking and submit payment request for monthly Medisave charges
• Coordinate request and processing of Medisave Balance Enquiry Password
• Provide support & escalation / liaise with vendor on system related issues

3. DENTAL APPOINTMENT DEPOSIT (DAD)

• Processing of DAD reinstatement

4. BILLING

• Medical reports billing & AGD invoices
• Monthly and Ad hoc billing to external and agencies

5. WAIVER

• Process patient bills to waivers groups as per Medicare memo
• Adhoc JVs for waiver bill related adjustment

6. STAFF MEDICAL BILLING

• Liaise with HR on staff/pre-employment list
• Follow up on rejected cases with clinic. Ensuring rejected cases are paid by patients.

7. BANK RECEIPTS

- Daily download of Bank Statement of Accounts

- Ensure monthly receipts tally between both AR accounting system and SAP

8. HANDLING OF INCOMING CHEQUES (SITI)

9. PETTY CASH CLAIMS

- Reimbursement of petty cash claim to HQ Staff

- Prepare petty cash journal, Cash Count, scanned receipts for request of top up of petty cash float

- Safe keep petty cash float and ensure sufficient float for monthly usage

10. MONTHLY INTERCOMPANY RECONCILIATION

- To ensure Inter company & Related Company Monthly Transaction & Balances to be tallied between both AR accounting system and SAP.

- Send confirmation to Shared Services Personnel (GL) and ensure all the inter company & related company’s transaction & Balances tally

11. JOURNAL VOUCHERS PREPARATION

- Prepare routine / ad hoc Journal Vouchers for various adjustments to accounts

12. REFUND

- Process patient and third party refunds

13. DUNNING

• Prepare daily Dunning data to Debt Collection Agency
• Provide fortnightly payment files for the commission/update

14. MONTHLY BILLING TO 3RD PARTY (PATIENT BILL LISTING)

- Prompt billing to external and internal parties for medical/dental fees

• Liaise with customer for payment or billing discrepancy

15. INTERNET BANKING (IB)

• Download IB payment files and process receipt into system
• Process refund and liaise with bank for unknown receipts

16. MCPS

• Liaise with MCPS on billing issues
• Follow up on aging
• Follow up of incorrect & non-submission of MCPS rejected case/unpaid with clinics
• Liaise with MCPS helpdesk for MCPS queries

17. AUDIT SCHEDULE

- Prepare monthly audit schedule

18. MONTH END AND YEAR END CLOSING

- Assist in the timely closure of month end and year end accounts

19. ANY OTHER ADHOC TASKS

- Reporting of system related defect and testing

- Attend to clinics’ enquiries pertaining to above functions

20. TRAINING AND ROADSHOW

- Conduct road show training to clinic staff on workflows & system issues

SECONDARY RESPONSIBILITIES

• Any other duties assigned by the department.