Job Summary
Handle account receivable duties
Responsibilities
- In Charge of the Account Receivables function, including generating, emailing, printing, and mailing residents invoice copies while ensuring all printed invoices are accurately filed for audit compliance
- Responsible of update all receipts from residents in system. Perform follow up on outstanding receivables and issue monthly statement of account to residents or residents next of kin.
- Work closely with Medical Social worker to manage account receivable, review debtors aging report, outstanding fee, etc.
- Responsible to bank in cash and cheque into the bank accounts and tallied with bank-in slip. Ensure all bank-in slip are properly file and kept.
- Responsible for submission and reconciliation for any discrepancy of invoices in the ILTC Portal and any applicable funds.
- Manage government grants receivables and maintaining records of grant utilization
- Take charge of collection of Medifund projection, collection, accounts and audit
- Check and prepare refund to patient after discharge
- Review and attend to issues and queries on invoices and collections.
- Perform other ad hoc assignments as and when required.
- Adhere to all relevant Finance policies
- Handle month end journals
- Assist in preparation of schedules and reconciliation of accounts
- Any other duties as directed by Manager, Finance.
Required competencies and certifications
- Diploma/Degree in Accounting or equivalent
- Knowledge of financial and cost accounting principles essential for accurate financial management
- Proficiency in accounting software and Microsoft Excel and Word to efficiently manage financial data and reporting
- Experience in a non-profit or healthcare setting, particularly with MOH funds accounting including subvention and Medifund claims, to enhance domain-specific financial management
- Familiarity with Navigation system to support operational efficiency
- Strong communication and interpersonal skills to effectively interact with diverse stakeholders
- Analytical and problem-solving skills to identify issues and implement effective solutions
