Finance Associate
WFA Digital Insight
As the demand for skilled finance professionals in the healthcare industry grows, with a 25% increase in job openings in the past year, Reliance Health's Finance Associate role stands out. With a strong focus on financial analysis, budgeting, and compliance, this role requires a unique blend of technical skills and attention to detail. Candidates who thrive in fast-paced environments and are passionate about driving financial accuracy will find this opportunity compelling. Before applying, candidates should be aware of the importance of staying up-to-date with the latest financial regulations and trends in the industry, as well as possessing excellent communication skills to effectively collaborate with internal teams.
Job Description
About the Role
The Finance Associate role at Reliance Health is a critical component of the company's financial operations, responsible for ensuring the accuracy and efficiency of financial transactions and reporting. As a key member of the finance team, the successful candidate will play a vital role in supporting the company's mission to make quality healthcare delightful, affordable, and accessible in emerging markets. With a strong focus on financial analysis, budgeting, and compliance, this role requires a unique blend of technical skills and attention to detail.The Finance Associate will work closely with the finance team to support the preparation of monthly, quarterly, and annual financial reports, as well as assist in the month-end and year-end close processes. This role will also involve maintaining proper documentation and filing for all financial transactions, ensuring compliance with company policies, accounting standards, and regulatory requirements.
What You Will Do
- Process vendor invoices, employee reimbursements, and other payment requests accurately and on time
- Prepare and execute payment runs in compliance with approval policies and cash flow schedules
- Maintain proper documentation and filing for all financial transactions to support audits and regulatory reviews
- Perform monthly bank reconciliations and investigate discrepancies promptly
- Reconcile intercompany accounts, claims payments, premium collections, and provider settlements
- Review and verify data entries in accounting systems to ensure accuracy and completeness
- Assist in preparing monthly, quarterly, and annual financial reports for management review
- Support month-end and year-end close processes by completing assigned tasks within deadlines
- Compile supporting schedules and documentation for financial statements and regulatory filings
- Ensure all transactions comply with company policies, accounting standards, and regulatory requirements
- Assist internal and external auditors by providing requested documentation and explanations
- Flag unusual transactions or policy violations to senior finance team members
What We Are Looking For
- Bachelor's degree or HND in Accounting, Finance, Economics, or a related field
- Must have completed NYSC or have a valid exemption letter
- At least 3 years of experience in accounting, finance, or a similar role
- Strong proficiency in Microsoft Excel (formulas, pivot tables, vlookups, data manipulation)
- Basic understanding of accounting principles and the financial close process
- High attention to detail with a commitment to accuracy in data entry and record-keeping
- Ability to work independently, meet deadlines, and manage multiple tasks in a fast-paced environment
- Strong written and verbal communication skills
Nice to Have
- Experience with financial analysis and budgeting
- Knowledge of internal controls and compliance standards
- Familiarity with accounting software and systems
- Certification in accounting or a related field
Benefits and Perks
- Competitive salary
- Comprehensive health insurance
- Opportunity to work with a fast-growing company in the healthcare industry
- Collaborative and dynamic work environment
- Professional development opportunities
- Flexible working hours
- Remote work stipend
How to Stand Out
- Develop a strong understanding of financial analysis, budgeting, and compliance to stand out in this role
- Create a portfolio that showcases your experience with financial software and systems, such as Excel and accounting software
- Prepare to discuss your experience with financial reporting, including month-end and year-end close processes
- Research the company's financial performance and be prepared to ask informed questions during the interview
- Be prepared to provide examples of your attention to detail and ability to work independently in a fast-paced environment
- Consider obtaining certification in accounting or a related field to increase your chances of success in this role
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