Credit Officer at The Nairobi Hospital
Nairobi Hospital View all jobs
- Kenya
- Permanent
- Full-time
- The overall purpose of the role is to collect debts and carry out periodic reconciliations of debtor (individual/corporate schemes) accounts to ensure timely debt collection in line with the Hospital's credit policy.
- Prepare and dispatch monthly account statements to ensure clients maintain updated knowledge of their debt status.
- Monitor corporate credit limits and insurance company interim bills; escalate accounts exceeding limits and track timely bill settlement.
- Collect debts from clients to meet established targets.
- Schedule and conduct client meetings as required.
- Prepare periodic reports as required.
- Receive client remittances, submit them to treasury, and update debt records accordingly.
- Prepare, dispatch, and maintain records of statement letters and suspension notices according to established guidelines.
- Address client inquiries regarding bank guarantees and contracts in collaboration with the corporate schemes department.
- Conduct monthly account reconciliations to ensure accuracy and current recordkeeping.
- Respond to internal and external audit queries in a timely manner.
- Prepare periodic write-off schedules for management approval.
- Prepare and dispatch client invoices as required.
- Identify clients qualifying for rewards and communicate recommendations to the marketing team.
- Execute other responsibilities assigned by the supervisor as needed.
- Bachelor's degree in accounting, Finance or any other business-related field from a recognized institution.
- Partial accounting qualification i.e. CPA Part II or ACCA 2.
- Minimum of 3 years' experience in credit control/credit management
- Excellent understanding of International Financial Reporting Standards (IFRS)
- Excellent grasp of Financial and Management Accounting; Taxation and relevant legislation.
- Knowledge of accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
- Preparation of Financial Statements.
- Knowledge of regulatory requirements and regulations related to the health care sector.
- Sound knowledge of macroeconomic and microeconomic environment.
- Working knowledge of financial information management systems
- Demonstrated ability to engage and influence senior level leaders regarding key business priorities, issues and initiatives.
- Communication skills including presentation and facilitation skills
- Analytical skills
- Integrity
- Ability to work under minimal supervision.
- Problem solving skills.
- Ability to work under pressure
- Accountability
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