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Head of Management Accounting

Hours 40 per week

Role Purpose

To manage and communicate financial management accounting analyses to Aspetar’s departments and use data results to provide guidance on future financial and budgetary decisions.

Key Activities

  • Discusses Aspetar’s management accounting and management reporting needs with Finance Manager and communicates to unit staff the process necessary to deliver
  • Strengthen management decision making through the production of timely and accurate monthly management reports for senior managers.
  • Support financial management of the departments through the monthly monitoring and analysis of financial results, forecasts and performance.
  • Prepare the month-end reporting package, financial analysis, preparation of internal and external reports.
  • Develop and monitor financial and non-financial KPI’s.
  • Develops new management reporting report templates, with input from the heads of departments 
  • Assist in facilitating the analysis of available, new and emerging technologies that will assist the Finance Department to improve service delivery.
  • Foster collaborative working relationships within the Finance Department, clinical and non clinical departments and other key stakeholders, inside and outside the hospital.
  • Advise line managers of potential financial risks to ensure the optimal management of resources.
  • Assist in the development scorecard reporting and business cases for capital purchases.
  • Meet with Aspetar departments in order to determine department budget needs.
  • Sign-off on budget analyses conducted by direct reports.
  • Manage consolidation of department budget requests into a single annual Aspetar budget.
  • Work with Finance Manager to gain approval of Aspetar’s budget from Ministry of Finance.
  • Manage process of department budget allocation.
  • Manage budgetary control at department and organisational level
  • Assist in identifying budgetary & financial issues within the hospital.
  • Assist the Finance Manager with budgetary and financial issues that impact the strategic plans of the hospital.
  •  Responsible for budget control within the hospital
  • Review and analyses monthly financial results (i.e. from Financial Accounting unit data).
  • Utilise ERP system in order to review Aspetar department financial costs and conduct profitability analyses.
  • Manage the preparation of all reports required for hospital certifications and ensures data accuracy.
  • Review financial reports with departments for accuracy and in order provide suggestions to the department for improved financial management and for achieving KPI goals.
  • Conduct cost/benefit and costing analysis on desired expenditures of Aspetar departments, examining reason for purchase and type of desired product/service offering.
  • Assume any other responsibilities as directed by the direct supervisor. 
  • Ensure compliance with internal authorisations and approval processes.
  • Ensure compliance with accounting policies, procedures and guidelines.
  • Work with other areas (e.g. Material Management/Fixed Assets Committee) to implement procedures, forms and controls regarding fixed assets.
  • Provide training to non financial managers on management accounting issues.
  • Implement, monitor and update ERP and business intelligences financial systems in collaboration with IT.
  • Assist in facilitating the analysis of available, new and emerging technologies that will assist the Finance Department in Clinical and Patient Level costing.
  • Develop new financial reporting report templates, with input from the heads of departments 
  • Responsible for developing and reviewing clinical costing data.
  • Conducts annual review of price lists against clinical costs in conjunction with patient accounts
  • Review and approve clinical pricing/costing exercises
  • Provide support to clinical and non clinical departments on clinical costing
  • Liaise with Clinical Heads of Departments to determine costing methods for clinical procedures.
  • Conduct hiring, promoting, compensating, training, budgeting, disciplining, coordinating schedules, terminates and performance manages direct reports.
  • Provide guidance and direct input to the development plans and performance management of direct reports to meet the AZF objectives.

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