Accounting Manager

Company Description BPO International, Inc. is a pioneer in finance, accounting, and payroll outsourcing, originating as a specialized unit within SGV & Co., a member practice of Ernst & Young Global. Since becoming an independent company in 2002, BPO International has provided high-quality backroom and business process outsourcing services to multinational and local clients in the Philippines. The organization is known for its quality-centered work culture, strong service discipline, and reputation as a trusted business partner. BPO International leverages extensive industry experience, up-to-date tools, and ongoing skills development to meet evolving client needs. The company continually adapts to advances in technology and practice standards to remain competitive in a rapidly changing business environment.

Job Summary

The Accounting Manager is responsible for overseeing the hospital's accounting and financial reporting functions, ensuring the accuracy, completeness, and timely preparation of financial records and reports. The role provides leadership to the accounting team and ensures compliance with accounting standards, tax regulations, internal policies, and healthcare industry requirements.

The position works closely with hospital management and other departments to support financial planning, budgeting, cost control, revenue monitoring, and sound financial decision-making.

Key Responsibilities

Accounting Operations

• Oversee day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, billing, cash management, and bank reconciliations.
• Ensure accurate and timely recording of hospital revenues, expenses, collections, and other financial transactions.
• Review and approve journal entries, account reconciliations, and month-end and year-end closing activities.
• Monitor outstanding receivables and coordinate with relevant departments to ensure timely collection.

Hospital / Healthcare Accounting

• Monitor accounting transactions related to hospital operations, including patient billing, insurance/HMO claims, professional fees, medical supplies, pharmaceuticals, and other healthcare-related expenses.
• Coordinate with Billing, Finance, Treasury, Purchasing, and other hospital departments to ensure proper recording and reconciliation of transactions.
• Review revenue and expense reports and investigate significant variances or discrepancies.
• Ensure proper accounting treatment of hospital assets, equipment, supplies, and other resources.

Financial Reporting & Analysis

• Prepare and review monthly, quarterly, and annual financial statements and management reports.
• Provide financial analysis, variance analysis, and insights to support management decision-making.
• Monitor key financial indicators and identify opportunities for cost control and operational improvement.
• Assist in the preparation of annual budgets, forecasts, and financial projections.

Compliance & Audit

• Ensure compliance with Philippine Accounting Standards (PAS/PFRS), BIR regulations, and other applicable government requirements.
• Coordinate with external and internal auditors and provide necessary schedules, documents, and supporting information.
• Ensure timely submission of tax returns, regulatory reports, and other statutory requirements.
• Establish and maintain effective internal controls to safeguard hospital assets and ensure the integrity of financial information.

Team Leadership

• Lead, supervise, and develop the accounting team.
• Review team performance and ensure proper workload allocation and adherence to accounting procedures.
• Provide coaching and technical guidance to accounting staff.
• Promote accuracy, accountability, and continuous improvement within the team.

Process Improvement

• Review and enhance accounting policies, procedures, and internal controls.
• Identify opportunities to streamline accounting processes and improve reporting efficiency.
• Support the implementation or enhancement of accounting and hospital information systems.
• Ensure proper documentation and standardization of accounting processes.
  

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA preferred but not required, depending on the organization's requirements.
• At least 5 years of relevant accounting experience, with hospital or healthcare industry experience required.
• At least 2–3 years of supervisory or managerial experience.
• Strong knowledge of general accounting, financial reporting, budgeting, taxation, and internal controls.
• Experience handling hospital accounting, patient billing, HMO/insurance transactions, and healthcare-related financial operations is highly preferred.
• Knowledge of Philippine Accounting Standards/PFRS and BIR regulations.
• Proficient in Microsoft Excel and accounting/ERP systems.
• Strong analytical, leadership, problem-solving, and communication skills.
• Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced hospital environment.

Key Competencies

• Financial Management
• Hospital & Healthcare Accounting
• Financial Reporting & Analysis
• Budgeting & Cost Control
• Tax & Regulatory Compliance
• Internal Controls & Audit
• Team Leadership
• Process Improvement
• Analytical & Problem-Solving Skills
• Attention to Detail