Accounts

Accounts & finance

The accounts department of a federal medical center is responsible for managing the hospital’s financial activities. It handles budgeting, payment processing, payroll, revenue collection, financial reporting, and compliance with government financial regulations. The department ensures transparent and accurate record-keeping of all financial transactions and supports audit processes. Its role is vital in maintaining accountability, ensuring efficient fund utilization, and supporting the hospital’s financial sustainability.

Director of account, G.K. Akinbode (FCA, ACCSA)

G.K. Akinbode (FCA, ACCSA)
Fellow Chartered Accountant
Ag. Head of Account & Finance

Our Duties and Services

The Department of Accounts at Federal Medical Center, Ikole-Ekiti which is the financial hub of the Hospital plays a vital role in ensuring financial integrity, transparency, and efficiency in all financial transactions. Committed to upholding the highest standards of financial management, probity and accountability, the department provides support to patients, staff, and external stakeholders.

We offer a range of financial services, including:

  • Patients   fee-for –service processing
  • Payroll management
  • Budgeting and Financial Planning
  • Procurement and vendor payments
  • Financial Reporting and pre –audits services

Units under Account:

  • Cash Office
  • Advance Unit
  • Reconciliation Unit
  • Other Charges
  • Billing Unit
  • Revenue Unit
  • Salary Unit
  • Final Account
  • Asset Unit
  • Tax Unit
  • Insurance Unit
  • Central Pay Office

Hours of Operation

Our department operates from:

Monday – Friday 8am to 4pm for office work while operating all days of the week including weekends & public Holidays for patients related / support services.

Profile

Akinbode Gbenga K., a seasoned chartered accountant with 14 years of post-qualification experience, brings extensive knowledge in financial management and institutional accounting, with close to two decades in the field. He has a strong background in public fund management, financial analysis, budgeting, and auditing. Under his leadership, the department continues to improve efficiency and service delivery.

Education

He had his primary education at St. Paul Catholic Primary School, Ikole-Ekiti, and later proceeded to Ansar-Ud-Deen High School, Ikole-Ekiti, for his secondary education. He thereafter got admission to Osun State College of Technology, Esa-Oke, where he had his National Diploma (ND) and Higher National Diploma (HND) in Financial Studies and Accountancy, respectively. In his quest for further knowledge, he proceeded to Ladoke Akintola University Ogbomoso, where he bagged his degree in accountancy, and thereafter proceeded to Federal University, Oye-Ekiti, for his MSc in accounting.

Professional Membership

He became an Associate Member (ACA) of the Institute of Chartered Accountants of Nigeria in the year 2012 and later became a Fellow with the institute in the year 2023; in his quest for further certification, he also became a Member of Associate Chartered Certified System Accountant (ACCSA, USA) in the year 2020.

Work Experience

Akinbode Gbenga worked with Graphael Publishing and Paper Conversion Company, Rail Line, Osogbo, in the year 1999, where he supervised the cashier/production and quality control unit of the company. In 2006, he worked with the Office of the Auditor General for the State in Osun State, where he was a member of a team of auditors to ministries.

Akinbode Gbenga joined the service of the then Federal Medical Centre, Ido-Ekiti, now Federal Teaching Hospital, Ido-Ekiti, in 2008, where he was employed as a higher executive officer. He promotionally rose to the position of Central Pay Officer in the year 2017 in the Federal Teaching Hospital, Ido-Ekiti; the position he occupied before his current employment as the Head of Account, Federal Medical Centre, Ikole-Ekiti.

Achievement/Award

  • Award of Exceptional Leadership, presented by the Alumni of AUD High School, Ikole-Ekiti, in the year 2024.

  • State Commendation Certificate for Meritorious Service in National Youth Service Corps in the year 2006 (Osun State Government)