Accountant, Receivables at Savannah Healthcare

To ensure the Company bills, invoices and corrects all revenue due to it for all services rendered to patients and other clients.

Accountant, Receivables Key Duties and Responsibilities include:

• Ensure periodic Posting of client’s receipt in the systems to produce month statements
• Ensure proper costing of new procedures, services, drugs etc. and ensure all items on patient bills are above cost (cost plus set margins);
• Ensure frequent update of reviewed prices in the system as and when price changes occur;
• Ensure revenue codes are created in the system to ensure all revenues streams are correctly recorded and closely monitored;
• Lead monthly reconciliation of revenue reported in the daily reports and the management accounts;
• Randomly undertake daily review of revenue postings to ensure proper pricing and coding;
• Monitors returned, queried or rejected invoices to ensure the queries are addressed, insurance company advised and or the money is recovered from concerned patients.
• Analyze all back dated transactions;
• Carry out revenue audits, report on findings and make recommendations for improving the systems;
• Assist the Senior Accountant in undertaking revenue forecasts;
• Prepare, analyze and circulate revenue reports as per agreed formats and timelines;
• Assist the Accountant to Prepare Budget and Financial statements for the Company;
• Ensure all bills and invoices are correct, sent to the right client (insurance company) and client accounts updated.
• Ensure all queries raised by insurance companies on bills and invoices are responded to comprehensively and on time.
• Analyze the staff medical expenditure;
• Assist the Senior Accountant in the preparation and reconciliation of ledger balances, trial balance and balance sheet accounts;
• Complete monthly billing processes related to financial accounting;
• Scrutinize and evaluate clients un-finalized and interim invoices;
• Ensure outpatient invoices are verified rectification of errors done;
• Analyze various reports to establish due charges including monthly discharge time report, and inpatient and outpatient invoices delivery reports;
• Ensure timely delivery of accurate and updated invoices;
• Ensure monthly postings of billings into the Accounts system;
• Ensure prompt resolution of any disputes arising;
• Liaise with the Credit Controller and other sections/departments to address and resolve queries raised by patients and corporate clients;
• Undertake confirmation and passing of credit notes;
• Ensure proper implementation and adherence of billings procedures, policies and work instruction;
• Evaluate and make recommendations on improvements based on the monthly billing performance report;
• Review and analyze billing reports and make relevant recommendations;
• Any other duties as may be assigned from time to time
• Perform Any other duties as may be assigned from time to time

Accountant, Receivables ESSENTIAL SKILLS AND COMPETENCIES:

• Sound Knowledge of revenue accounting and management practices
• Knowledge of revenue management and billing systems
• Ability to compare data from a variety of sources for accuracy and completeness
• Good analytical skills
• Ability to reconcile and/or balance financial transactions and accounts-Bank reconciliation
• Ability to follow, apply, interpret, and explain instructions and/or guidelines
• Ability to determine work priorities
• Sound knowledge of transaction auditing and tracking methods
• Ability to meet schedules and deadlines of the work
• Highly organized and good planner

ESSENTIAL PERSONAL ATTRIBUTES:

• Self-motivated and dynamic
• Ability to work under strict deadlines
• Able to perform well with minimal supervision
• Keen to details
• Ability to work under pressure