Job Description: Senior Accountant (Credit Section)

Job Title: Senior Accountant – Credit & Accounts Receivable

Department: Finance & Accounting

Reports To: Finance Manager 

Job Type: Full-time

Location: Landmark General Hospital

Job Summary

The Senior Accountant (Credit Section) oversees Landmark General Hospital’s credit management, corporate/insurance billings, accounts receivable (A/R), and credit risk assessments. This role is responsible for maintaining cash flow health by ensuring timely billing, tracking institutional and insurance credit clients, managing credit limit policies, and accelerating revenue collection while ensuring compliance with healthcare financial standards.

Key Responsibilities & Duties

1. Credit Control & Portfolio Management

• Manage and monitor corporate, insurance, and institutional credit accounts.
• Evaluate and conduct creditworthiness assessments for new corporate clients, insurance partners, and third-party payers before establishing credit agreements.
• Monitor client credit limits and payment terms; flag overdue or high-risk accounts to management for appropriate action.
• Conduct periodic reviews of outstanding credit balances and recommend adjustments or credit hold status when necessary.

2. Billings & Receivables Management

• Ensure accurate, timely generation and submission of credit invoices and claims to insurance companies, government bodies, and corporate partners.
• Reconcile daily and monthly accounts receivable (A/R) sub-ledgers against the general ledger.
• Perform routine age analysis of credit accounts (A/R Aging Report) and lead targeted collection efforts on delinquent accounts.
• Investigate and resolve billing discrepancies, short payments, or disputed claim rejections with corporate clients and insurers.

3. Reconciliations & Revenue Assurance

• Prepare monthly bank reconciliations related to credit collections, insurance deposits, and wire transfers.
• Reconcile corporate guarantee accounts, credit card settlements, and third-party administrator (TPA) accounts.
• Follow up on short-paid or rejected insurance claims to ensure resubmission or proper write-off approval in according to hospital policy. Accurately post all credit sales, corporate invoices, insurance claims, collections, adjustments, and write-offs to the appropriate general ledger accounts in accordance with the hospital's chart of accounts and accounting policies. 
• Reconcile the accounts receivable sub-ledger with the general ledger, investigate discrepancies, and ensure accurate financial reporting and compliance with IFRS and applicable Ethiopian regulations.

4. Financial Reporting & Compliance

• Prepare weekly and monthly Credit & Collections reports, including Aging Analysis, Days Sales Outstanding (DSO), and Bad Debt provisions.
• Maintain accurate documentation for internal and external audit purposes.
• Ensure strict compliance with hospital financial policies, local tax laws, and healthcare billing standards.

5. Stakeholder Coordination

• Collaborate closely with Patient Accounts, Billing, Admission, and Front Office teams to ensure accurate capture of credit client coverage details.
• Maintain professional relationships with corporate clients, insurance case managers, and third-party administrators to expedite payments.