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Financial Accountant
Company: HYF Medical Center
Department: Finance & Accounting
Location: Jumeirah 1, Dubai, UAE
Employment Type: Full-time
Number of Positions: 1
Salary: AED 5,000–6,000 per month
About HYF Medical Center
HYF Medical Center is an international medical center located in Jumeirah 1, Dubai, providing premium healthcare services to local, international and VIP patients.
Our services include Longevity Medicine, Preventive Healthcare, Precision Health Management, Functional Medicine, Regenerative Medicine, Dermatology & Aesthetic Medicine, Men's Health, Women's Health, General Practice, Internal Medicine, Traditional Chinese Medicine, Laser Medicine, Plastic Surgery, Urology and Day Surgery.
We are looking for an experienced and detail-oriented Financial Accountant to manage daily accounting operations and support the financial management of the medical center.
Key Responsibilities
1. General Accounting
Manage daily accounting transactions and financial records.
Maintain accurate and complete accounting books and supporting documents.
Record sales, purchases, expenses, receipts, payments and other financial transactions.
Perform bank, cash and credit card reconciliations.
Maintain the general ledger and prepare accounting schedules.
2. Accounts Receivable & Revenue
Monitor patient payments, outstanding balances and daily collections.
Manage accounts receivable and follow up on overdue payments.
Reconcile patient invoices, receipts and payment records.
Monitor revenue from consultations, treatments, procedures, memberships and other healthcare services.
Coordinate with the Patient Services and Reception teams regarding payment discrepancies.
3. Insurance & TPA Accounting
Monitor insurance and TPA-related receivables and claims.
Reconcile submitted claims, approved amounts, rejected claims and received payments.
Follow up on outstanding insurance/TPA payments.
Coordinate with the insurance and billing teams to resolve claim and payment discrepancies.
Prepare regular reports on insurance receivables and collection status.
4. Accounts Payable
Process supplier invoices, purchase invoices and operating expenses.
Verify invoices against supporting documents and approvals.
Maintain supplier accounts and payment schedules.
Prepare payment requests and assist with monthly payment planning.
Reconcile supplier statements and resolve discrepancies.
5. VAT & UAE Tax Compliance
Assist with UAE VAT accounting, reporting and documentation.
Maintain proper VAT records and supporting documents.
Assist with VAT return preparation and submission.
Coordinate with external tax advisors or auditors when required.
Support compliance with UAE tax and accounting requirements.
6. Monthly & Year-End Closing
Assist with monthly and year-end financial closing.
Prepare monthly management accounts and financial reports.
Perform account reconciliations and investigate discrepancies.
Prepare supporting schedules for financial statements.
Assist with annual audit and provide requested financial documentation.
7. Financial Reporting & Analysis
Prepare regular financial reports for management.
Monitor revenue, expenses, receivables and payables.
Assist management in analyzing financial performance and cash flow.
Prepare budget tracking and variance reports.
Identify unusual transactions, financial discrepancies and potential risks.
8. Internal Controls
Maintain proper financial documentation and approval procedures.
Support internal financial controls and accounting policies.
Ensure financial transactions are properly authorized and recorded.
Maintain confidentiality of patient, employee and company financial information.
Qualifications
Bachelor's degree in Accounting, Finance, Business Administration or a related field.
3–5 years of relevant accounting experience.
Experience in a medical center, hospital, clinic, healthcare company or other service-based organization is highly preferred.
Strong knowledge of UAE accounting practices and VAT.
Experience with Accounts Receivable, Accounts Payable, General Ledger and Bank Reconciliation.
Experience with insurance/TPA billing and healthcare revenue accounting is a strong advantage.
Experience with accounting software such as Odoo, SAP, Oracle, Microsoft Dynamics, QuickBooks or similar systems.
Good knowledge of Microsoft Excel, including formulas, reconciliation and financial reporting.
Experience supporting external audits is preferred.
Key Skills
Financial Accounting.General Ledger.Accounts Receivable.Accounts Payable.Bank Reconciliation
Cash Flow Management.Revenue Reconciliation.Insurance & TPA Accounting.VAT Accounting
Financial Reporting.Month-End Closing.Audit Support.Budget & Variance Analysis.Excel & Accounting Software.Internal Controls.Financial Data Analysis
Language Requirements
English – Excellent / Mandatory.Chinese – Highly Preferred.Arabic or Russian – Advantage
Personal Attributes
Strong attention to detail and accuracy.Responsible and highly organized.Strong analytical and problem-solving skills.Good communication and coordination skills.Able to work independently and meet deadlines.High level of integrity and confidentiality.Comfortable working in a fast-paced international healthcare environment.Professional attitude and strong teamwork skills.
What We Offer
AED 5,000–6,000 per month, depending on experience and qualifications.Performance-based incentives where applicable.DHA-compliant medical insurance.Employment visa.Paid annual leave.Professional training and development opportunities.Opportunity to work with an international medical team.International and VIP patient environment.Career growth opportunities.Professional and multicultural working environment.
How to Apply
Please send your CV to:
Email: medicalcenter@hyfuae.com
Phone / WhatsApp: +971 55 851 2092
Website: hyf.ae
Subject: Financial Accountant – Dubai