Country Location: On-site, Nauru (Pacific Island Nation)
Contract Type: Full-time
Management Account – Healthcare (Hospital)
Location: Nauru
Job Description
The Management Accountant monitors & controls Financial reporting, Management reporting & Cost Accounting functions of the Hospital and Medical Centers.
He/ She ensures that all the Management reports (periodical, monthly & annual) are prepared & submitted on time to the Management.
Assist in developing various accounting policies & procedures, conducts project feasibility studies and handles financial liaisons.
Fund Management, Controls & Budgeting:
- Prepares Monthly, Periodical & Annual Financial Statements. Ensures that all the General Ledger accounts are reconciled, Balance confirmations obtained, Inter Company Accounts cleared and Balance Sheet Schedules maintained.
- Introduces Cost Ledger & Cost Accounting System for the Hospital; Cost classification in terms of Fixed/ Variable, Direct/ Indirect, Cost Analysis, Service Costing, identifies the wastages & advises Management on Cost Reduction strategies.
- Deals with Foreign Currency translations, procurement of best rates and identifies the Cash Resources of the Hospital
- Stands responsible for approving the preparation and release of Cheques.
- Deals with Cash management; plans for funds from the beginning of each month and day-to-day cash management
- Ensure compliance with healthcare finance regulations and standards
- Implement and improve financial controls and internal controls
- Conducts Investment Appraisal / Feasibility studies with the objective of investing the resources accurately, conducts Project appraisals & analysis.
- Help in preparing Strategic/ Finance Budgets for the Hospital, Budget negotiation, approval, communication, implementation & initiates extensive Budgetary Control.
- Supports Finance Manager in preparation of business plan, budget & reviews.
Management Reports:
- Compiles statistical, financial, accounts/ audit reports and tables pertaining to matters such as cash receipts, expenditures, accounts payable and receivable, and profits & losses
- Prepares Profitability Analysis, Statistical Analysis, Capacity Utilization Analysis etc., and conducts various Ratio Analysis to analyze and appraise Hospital performance.
- Prepares reports on :
- Monthly/ periodical P & L Account, Balance Sheet, Cash Flow Statement.
- Bank Reconciliation Statements.
- Monthly Management Reports.
- Cash Forecasts/ 3 months period/ 12 months period/ 36 months period.
- Divisional/ Departmental/ Provider Performance of Hospital Report on a Monthly Basis.
- Operational Projections & forecasts for Financial Statements.
- Reports assigned by Manager Finance from time to time.
Financial System Application:
- Familiarizes with the product functionality.
- Plans, schedules and oversees major software upgrades, new releases, and installation of related software applications.
- Develops documentation and training for end users on how to effectively use financial management system features and related applications.
- Access control of various users review and management
Liaising:
- Liaisons with the Banks to deal with banking issues.
- Liaisons with other function managers to put the finance view in context.
- Handles Financial Liaisons with related parties & performs monthly Inter Company Current Account Reconciliations.
Other Duties:
- Attends Statutory Audits, Quarterly Audit reviews and complies with the Audit requirements.
- Develops various Accounting Policies & Procedures and Accounting Manual in accordance with the Internal Management rules & International Accounting Standards.
- Be the focal point of contact for Finance reporting to Dubai HO and liaising with all relevant parties at the ground in Nauru
- Performs other related duties as assigned or requested by the Finance Manager from time to time
What You Bring:
- CIMA/ CMA or relevant financial qualifications
- Experienced in management accountant in healthcare preferably a Hospital
- Strong working knowledge of financial regulations and payroll legislation
- Experience with systems such as NetSuite, MYOB, or similar
- High level of integrity, discretion, and professionalism
- Excellent communication, and analytical skills
Benefits:
- Competitive salary package.
- Accommodation and meals provided.
- Relocation expenses will be convered.
- Annual Ticket with 30 days paid leave
- Opportunity to work in an international environment.
Note: All applications are contingent upon visa approval.
Interested candidates are invited to send their CV and cover letter to talent@gmss.ltd
Job Type: Full-time
Application Question(s):
- Do you understand that this position requires relocation to the country Nauru? Are you willing to be relocated to Nauru?