The purpose of a Financial Accountant is to manage and oversee Lex Medicus' financial accounts and transactions, ensuring accuracy, compliance, and transparency in financial reporting. This role is responsible for maintaining financial records, preparing financial statements, managing accounts payable and receivable, reconciling financial data, and providing critical financial information and analysis to support decision-making and strategic planning
 Accounts PayableEnters all supplier invoices into Finance system.Reconciles expert invoices against Sales invoices ensuring charges are correct and consultants are paid.Prepares and emails the Weekly Accounts Payable report to top management for supplier payment approval;Ensures supplier invoices are paid in a timely manner;Attends and provides updates at scheduled meetings;Maintains and updates Finance SOPs as required;Reconciles the bank accounts, petty cash and credit card account in system.Accounts ReceivablePrepares and emails the weekly Accounts Receivable report to top managementChecks bank account daily to check for any EFT payments from clients;Marks invoices as paid in Practice Manager and finance systems when payments are received.Process Cheques daily and bankedInvoicingIssues invoices from Practice Manager within 48 hours; Uploads invoices to Practice Manager. Must ensure the invoices are billed correctly as per fee schedules, cost agreements and quotations.Sends reminders when invoices are outstanding for 14 days +;Follows up any 30 day plus outstanding invoices via a phone and/or email;Maintain regular communication top management.ReportingProvide monthly financial reports to the management team and assist in ensuring expenses remain within budgetProvide weekly reporting or as requested by managementProvide month-end reports in a timely fashion to MedHealth Group.Prepare and update budget with projected forecast and financial insights to meet business goals and growth.LeadershipTraining and coaching of direct reports to promote personal and professional development through regular one-on-one meetings and conducting performance reviews.  Maintain & promote a healthy and positive working environment & company culture in line with company values; Assist in knowledge sharing at team meetings;  Business DevelopmentParticipates in regular business development updates and training as part of weekly team meetings;Promotes Lex Medicus on social media;Attends Lex Medics seminars, functions and training days as required;Business development communications with lawyers and clients.