Chief Accountant at Luton Hospital

The job holder is responsible for ensuring the implementation of financial management strategies, systems and controls for optimal growth and profitability.

Key responsibilities

• Interpretation Responsibilities of financial policies as contained in government circulars and in conformity with the exchequer and audit act.
• Formulation and implementation of hospital financial policies and regulations. o development and implementation of sound and effective accounting systems.
• Budgeting and costing of hospital activities.
• Collection of hospital revenue and disbursement of hospital funds.
• maintenance of proper accounting records.
• Participate in the preparation of expenditure estimates for the department
• Promoting the hospital’s occupational health and safety initiatives.
• Preparation of reports on the operations of the section as required.
• Effective supervision, training and development of staff. assessment of staff performance. o overall supervision of staff and oversee the finance and operational functions in various sections within the finance department.
• Oversee the full spectrum of financial and cost accounting roles. o responsible for day-to-day finance and accounting operations. o perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls. o responsible for timely monthly consolidated financial statements, payments, and cash-flow management reporting. o review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting and working closely with the finance/operations teams in monitoring expenditures, analyzing revenue & margins, variances and cost analysis. o prepare project cost reports for review and approval.
• Develop, implement and maintain internal control and effective accounting system, policies and models that are in line with the overall strategic objective.
• Establish and maintain systems for cost-sensitivity analysis and early warning of cost-overruns. o work consultatively with the respective departments on cost- reduction initiatives.
• Managing finance/ accounting teams, and ensuring efficiency and accuracy in their workflows.