Accountant, Health Business

Job Summary

• The role holder will be responsible for consolidation of the health business financial reports and providing management reports and analysis regularly as required.

Key Responsibilities

• Maintenance of health business books of accounts in liaison with the Manager, Health Business.
• Maintain the general ledger for Health Business.
• Generate and review monthly trial balance.
• Production of balance sheet reconciliations.
• Assist in the coordination of internal audit.
• Responsible for accounts reconciliation.
• Responsible for medical service provider reconciliations.
• Create, maintain and grow relationships with medical service providers to ensure smooth flow of billing from the service provider.
• Monitor claims trends and highlight anomalies, fraud etc.
• Ensure compliance to tax laws regarding medical transactions is adhered to.
• Confirm reinsurance bordereaux with Liberty Health on a monthly basis.
• Implement financial controls as required and monitor risks to financial controls.
• Analyse business operations, trends, costs, revenues, financial commitments and obligations to project revenues and expenses to inform decision making.
• Participate in the preparation and analysis of annual budget to ensure accuracy and reliability.
• Develop and constantly review systems for cost sensitivity analysis and early warning of cost overruns.
• Perform cash flow forecasting, budgeting, analyse medical claims trends, variance and cost analysis on hospital treatment costs to inform decision making by the management.
• Embrace governance requirements with respect to KYC/AML/Data protection requirements per governing Acts.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or Related Discipline.
• Fully qualified accountant with Certified Public Accountant (CPA)/ Association of Chartered Certified Accountants (ACCA)/ Chartered Accountant (CA).

Experience

• 6 – 8 years’ experience in finance.
• Understanding of health insurance operations.

Competencies

• Delivering results and meeting customer expectations.
• Following instructions and procedures.
• Coping with pressures and setbacks.
• Relating and networking.
• Analyzing.
• Working with people.
• Applying expertise and technology.
• Learning and researching.
• Presenting and communicating information.
• Adhering to principles and values.
• Achieving personal work goals and objectives.
• Customer, market and competitor understanding.
• Knowledge of insurance regulatory requirements.
• Effective negotiation skills.
• Report writing skills.
• Effective business management skills.