Accountant

Accountant Position 📍 Location: Riyadh, Saudi Arabia 🏥 Organization: Al Masharef Hospital 📅 Availability: Immediate Joiner Required 📍 Current Residency Requirement: Candidate must be presently residing in Riyadh 🗣️ Language Requirement: Good command of the English language is essential Al Masharef Hospital is actively seeking a highly qualified and experienced Accountant with a demonstrated background in the healthcare or hospital sector. The selected professional will play a critical role in supporting the hospital’s accounting and financial activities by ensuring the accuracy and integrity of all financial records and operations. The role involves the meticulous processing of financial transactions, preparation of comprehensive financial reports, account reconciliation, expense oversight, and collaborative support to the Finance Department to guarantee timely and precise financial reporting. Key Responsibilities - Accurately maintain and update accounting records and financial transaction data to reflect current financial standings. - Perform detailed recording and processing of accounts payable, accounts receivable, as well as transactions related to the general ledger. - Prepare, review, and validate journal entries along with their supporting documentation for accuracy and completeness. - Conduct thorough reconciliations involving bank statements, vendor accounts, customer accounts, and general ledger entries to ensure consistency. - Compile monthly financial reports and develop accounting schedules as part of the regular reporting process. - Monitor and manage hospital revenues, operational expenses, outstanding receivables, and payables effectively. - Contribute to the month-end and year-end closing procedures by preparing necessary documentation and ensuring all financial activities are appropriately recorded. - Prepare and regularly update accounts receivable and accounts payable aging reports to track overdue payments and outstanding balances. - Actively follow up on outstanding receivables and payables by monitoring balances and coordinating with relevant parties. - Meticulously review invoices, payment requests, and their supporting documents to confirm accuracy prior to processing payments. - Assist in the reconciliation of hospital revenue streams and expense accounts to maintain financial transparency. - Collaborate with multiple hospital departments including billing, insurance, human resources, procurement, among others, to verify and validate financial information. - Support the reconciliation process concerning insurance-related revenues and healthcare payments for the hospital. - Assist in closely monitoring hospital-related expenses and departmental cost allocations to maintain budgetary controls. - Prepare various financial and accounting reports for management review upon request to provide insights and analysis. - Identify and investigate any discrepancies, errors, or unusual transactions within the financial records and assist in their resolution. - Maintain comprehensive documentation and proper filing systems for all accounting records to support audit and review processes. - Assist with audit preparations by providing required financial documentation and data to auditors. - Ensure strict compliance with internal company accounting policies, standard operating procedures, and external regulatory requirements. - Uphold the confidentiality and security of all financial and organizational information. - Undertake additional accounting and finance-related duties as assigned by management to support the department and organization. Requirements - Must be able to join immediately. - Current residence in Riyadh is mandatory. - Proficient in English with good communication capabilities. - Possess a minimum of two years of experience working as an Accountant or holding a similar accounting role. - Prior experience specifically within a hospital, healthcare organization, medical center, or a healthcare-related company is mandatory. - Hold a Bachelor’s degree in Accounting, Finance, or a closely related field of study. - Strong theoretical and practical knowledge of accounting principles and standard financial procedures. - Hands-on experience managing accounts payable, accounts receivable, general ledger accounting, and account reconciliations. - Competency in preparing detailed financial reports and supporting month-end closing activities. - Sound understanding of hospital revenues, expenses, accruals, and various financial transactions. - Proficient in Microsoft Excel, with advanced skills including formulas, PivotTables, and data analysis techniques. - Previous experience working with ERP systems or other accounting software platforms is desirable. - In-depth knowledge of healthcare and hospital accounting practices and financial operations is essential. - Exposure to healthcare revenue streams, insurance transaction processing, or medical billing reconciliation will be considered an advantage. - Strong numerical aptitude combined with excellent analytical abilities. - Demonstrates exceptional attention to detail and commitment to accuracy. Skills - High-level accounting skills with strong numerical proficiency. - Keen attention to detail and dedication to accuracy in all accounting tasks. - Excellent analytical thinking and problem-solving capabilities. - Comprehensive knowledge of accounting principles, financial procedures, and regulatory compliance. - Effective communication skills and strong interpersonal abilities. - Strong organizational skills paired with effective time-management competencies. - Ability to work independently with minimal supervision as well as collaborate effectively within a team environment. - Proven capability to meet strict deadlines and perform efficiently in a fast-paced workplace. - Demonstrates integrity and maintains strict confidentiality regarding financial and organizational information. - Proficient in Microsoft Office applications, particularly Excel and Word. - Solid English language communication skills, both written and verbal. - Professional handling of sensitive and confidential financial data. Application Please forward your detailed curriculum vitae only as instructed through appropriate channels.

Education

Bachelor's Degree In Accounting, Finance, Or A Related Field

Experience

2 Years