Senior Accountant
3 weeks ago
We are looking for aSenior Accountant with hospital andhealthcare experience to manage financial reporting, budgeting, andcompliance in a dynamic healthcare environment. The successfulcandidate will prepare and present financial statements, overseeaccounts payable and receivable, ensure adherence to healthcareregulations and tax laws, and support audit processes. This rolerequires conducting financial analyses to inform decision-making,mentoring junior staff, and implementing process improvements toenhance efficiency within the financedepartment.
KeyResponsibilities
- Prepare and present accuratefinancial statements and reports specific to the healthcaresector.
- Assist in developing annual budgets andforecasts tailored to hospitaloperations.
- Oversee the accounts payable andreceivable processes, ensuring timely transactions andcompliance.
- Prepare documentation for internaland external audits, liaising with auditors asneeded.
- Ensure compliance with local taxregulations and healthcare financialpolicies.
- Conduct financial analyses toidentify trends and improve financialperformance.
- Mentor and train junior accountingstaff in healthcare finance practices.
- Identifyand implement process improvements within the accounting operationsof the healthcare facility.
SkillsRequired
- Proficiency in accounting softwarewith a focus on healthcare applications.
- Strongunderstanding of IFRS, healthcare regulations, and local accountingstandards.
- Excellent analytical, communication,and organizational skills.
- Experience inleading and developing a finance team in a healthcaresetting.
- Bachelor's degree inAccounting or Finance; professional certification (e.g., CPA, ACCA)preferred.
- Minimum of 3-7 years of relevantaccounting experience in the UAE healthcaresector.
FinancialReporting
- Preparing andoverseeing the preparation of financialstatements, including balance sheets, incomestatements, and cash flow statements.
- Ensuringthat financial reports are accurate, timely, and comply withGAAP (Generally Accepted AccountingPrinciples) or IFRS (InternationalFinancial ReportingStandards).
- Reviewing andconsolidating financial data from various departments within theorganization.
GeneralLedgerManagement
- Maintainingand reconciling the general ledger,ensuring that all transactions are accuratelyrecorded.
- Ensuring proper posting of journalentries and reviewing the accuracy of those made by junioraccounting staff.
- Performing monthly,quarterly, and annual reconciliations to verify the accuracy of theorganization's financialrecords.
BudgetingandForecasting
- Assistingin the preparation of annual budgetsand financial forecasts for theorganization.
- Monitoring and analyzingfinancial performance against the budget, identifying variances,and recommending corrective actions.
- Providinginsights into the financial health of the organization andassisting senior management with long-term financialplanning.
InternalControls andCompliance
- Ensuringcompliance with internal controls and accounting policies tosafeguard the organization's financialassets.
- Performing periodic audits to ensurethat financial transactions and records are accurate and that theorganization adheres to financialregulations.
- Assisting with external audits bypreparing necessary documentation and addressing any audit-relatedqueries.
TaxReporting andCompliance
- Overseeingthe preparation and filing of taxreturns in accordance with local, state, and federaltax laws.
- Ensuring the organization meets alltax compliance requirements, including VAT, corporate tax, andother applicable taxes.
- Keeping up-to-date withtax legislation changes and advising management on potential taxsavings orimplications.
FinancialAnalysis and DecisionSupport
- Providingin-depth analysis of financial data to senior management, helpingthem make informed businessdecisions.
- Identifying trends in financialperformance, cost-saving opportunities, and areas forimprovement.
- Preparing financial reports fordecision-making, such as profitability analysis, cost analysis, andcapitalexpenditures.
SupervisionandMentorship
- Supervisingand training junior accounting staff, providing guidance andsupport to ensure high standards of financialreporting.
- Reviewing the work of junioraccountants, assisting with complex accounting issues, andproviding professional developmentopportunities.
Accounting &Finance,Accounting,Accounting Topics
Employment Type : Full-time
Department / Functional Area: Accounting
Experience: Not Mentioned years
Gender: Male
Vacancy: 1
Joining Date: Sat, 08Feb 2025
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