Summary
Date Posted: Friday, March 01 2024, Base Salary: Not Disclosed

JOB DETAILS:
POSITION OVERVIEW:
To support the Finance Manager in ensuring the integrity of the hospital’s accounting information by recording, verifying, consolidating, and entering accounting transactions under GAAP accounting principles and ensuring accurate and timely financial reporting.
The Senior Accountant plays a key role in managing financial operations, ensuring compliance with regulations, and providing accurate and timely financial reports. This position requires strong financial acumen, attention to detail, and the ability to work in a fast-paced healthcare environment.

RESPONSIBILITIES AND DUTIES
Budgeting and Forecasting
• Support the Finance Manager in the development and monitoring of the hospital's annual budget.
• Collaborate with department heads to ensure accurate budget submissions.
• Support the Finance Manager in preparing financial forecasts and tracking budget variances.

Financial Reporting
• Generate monthly, quarterly, and annual financial reports for hospital management and external stakeholders.
• Provide insights into financial trends and variances.
• Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.

Accounts Payable and Receivable
• Oversee accounts payable processes, ensuring accurate and timely payments to vendors and suppliers.
• Manage accounts receivable and work with billing departments to optimize revenue collection.
• Monitor cash flow and implement strategies to optimize working capital.

Regulatory Compliance
• Ensure compliance with financial regulations, such as the National Social Security Fund, Uganda Revenue Authority, URSB, FIA, etc.
• Prepare and submit necessary financial reports to regulatory agencies.

Financial Analysis
• Analyze financial data to identify cost-saving opportunities and areas for revenue growth.
• Assist in financial modeling and decision-making processes.

Internal Controls
• Support the Finance Manager in developing and maintaining internal financial controls and procedures.
• Implement best practices to safeguard hospital assets and prevent fraud.

Audit and Taxation
• Support the Finance Manager to coordinate with external auditors and tax professionals during audits and tax filings.
• Provide support for the preparation of tax returns.

Staff Management
• Mentor and provide guidance to junior accounting staff.
• Collaborate with cross-functional teams to support financial initiatives.
• Occupational Health & Safety function
• To work in such a way that does not cause injury to yourself, other co-workers or patients.
• Following & complying with H&S policies, processes & applying them to your own work activities, including using/wearing Personal Protective Equipment as required.
• Participating in activities directed at preventing harm & promoting well-being in the workplace Identifying, reporting & self-managing hazards where appropriate.
• Early and accurate reporting of incidents at work and raising issues of concern when identified.

Education and Professional Development
• Ensures own professional development to enhance own competencies through self-assessment and/or formal performance appraisal on regular basis according to the hospital (and own) professional development plan.
• Maintains professional records that provide evidence of competency and lifelong learning.
• Identifies personal development and training needs and work with the supervisor to, help facilitate education and professional development where possible.
• Maintains a good quality learning environment that supports continuing professional development, creativity and being proactive.

Spiritual Ministry
• Participates in the hospital’s Spiritual Ministry programs.
• Attend chapel and departmental bible studies with staff (depending on weekly schedule)

Any other official duties
• This position description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the position. Duties, responsibilities and activities may change at any time with or without notice. Co-worker must perform other tasks, duties, and projects as assigned, as a member of the Human Resources team.

EDUCATION/EXPERIENCE REQUIREMENTS:
• Bachelor’s degree in accounting, Business Administration, Commerce or Finance.
• Professional qualifications such as ACCA, CPA CIMA would be an added advantage.
• Minimum of three (3 -5) years of accounting experience, preferably in the healthcare setting.
• Minimum of one (2-5) years of experience supervising other staff.
• Strong understanding of “Generally Accepted Accounting Principles” and methodologies.
• Ability to analyze financial data and prepare financial reports, statements and projections.
• Knowledge of which government agencies are to be interfaced with for given legal or regularly issues with regard to accounting of record keeping.
• Experience with financial and accounting software applications
• Computer knowledge in accounting packages, MS Word, MS Excel, MS Access
• Ability to handle and resolve recurring problems.
• Ability to handle or process confidential documents or material in an appropriate manner.
• Must uphold professional integrity.

SKILLS
• Technical accounting skills
• Software proficiency
• Regulatory Compliance
• Communication skills
• Leadership and Team Management
• Problem – solving skills.
• Attention to detail.
• Time management
• Interpersonal skills.

KNOWLEDGE, COMPETENCES & ABILITIES:
• Willingness and ability to adopt new knowledge and research procedures.
• Flexible attitude to duties and to hours of work with ability to remain calm under pressure.
• Highly organized and meticulous



Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

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