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Job Requirements
The Cost Accounting Analyst maintains effective clinical cost accounting and labor productivity systems. The Cost Accounting Analyst provides accurate, timely, and actionable information and analyses from both systems The Cost Accounting Analyst performs routine and ad hoc duties that are complex in nature requiring specialized knowledge and independent judgment. PRIMARY ACCOUNTABILITES Reviews and audits patient level database updates and supporting files in the cost accounting system.
Ensures the integrity, accuracy, timeliness of information and that all procedures are current and being followed. Imports and maintains G/L and Payroll information necessary for overhead allocations and activity costing. Completes monthly cost accounting procedures including data loads, statistics creation, cost allocations, and net revenue calculations.
Reviews audit reports and corrects errors. Completes the new fiscal year cost table creation process each year. Ensures payroll and statistical information is accurately loaded, mapping tables are correct, and reporting results are valid.
Solid knowledge of general ledger, chart of accounts, payroll, revenue & usage reports, financial statements, and department financial responsibility reports. Verifies effective daily, biweekly, monthly, quarterly, annual, and as-needed productivity system processes and reporting. Coordinates staff and process scheduling to make sure all routine processes are completed timely and accurately.
Identifies and solves problems that arise and escalates issues to a Senior Cost Accounting Analyst when necessary. Creates routine and complex ad hoc reports using in-depth knowledge of the fields available in the clinical cost accounting system. Reviews output and follows effective reconciliation procedures.
Communicates proactively with and effectively engages other departments such as Corporate Finance, Information Technology (IT), Patient Business Services (PBS), and Charge Capture to research any issues or concerns that may have an impact on clinical cost systems and reporting. Collaborates with Senior Costing Accounting Analyst and leaders in departments with productivity benchmarks to select the most appropriate statistics and peer groups.
Prevents unauthorized release of patient or business information. Validates and documents access rights of customers. Partners with the customer to validate information to explain report content, interpret results, and further refine request to enhance output.
Work Experience
Bachelor’s degree in a relevant field. Work
Two (2) years’ experience in the areas of Finance, PSB, Nursing, or Coding.
None Certification: None Skills/Knowledge/Abilities: Ability to work independently with minimal supervision. Excellent analytical and critical thinking skills. Enthusiasm and high level of job interest.
Strong oral and written communication skills; professional presence. Knowledge of Microsoft Office with a strong emphasis on Excel. Understands and maintains net revenue calculation rules, mappings, and lump sum/capitation payments to produce accurate profitability reports.
Understands hospital productivity concepts and measurement tools. . Understands, maintains, and executes RVU’s, RCC’s, VCC’s, PLA allocations, reclasses, mappings, product lines, and statistics. PREFFERED QUALIFICATIONS Work
Three (3) years’ experience in Healthcare Cost Accounting. PHYSICAL REQUIREMENTS Majority of time involves sitting or standing; occasional walking, bending, and stooping. Long periods of computer time or at workstation.
Light work that may include lifting or moving objects up to 20 pounds with or without assistance. May be exposed to inside environments with varied temperatures, air quality, lighting and/or low to moderate noise. Communicating with others to exchange information.
Visual acuity and hand-eye coordination to perform tasks. Workspace may vary from open to confined. May require travel to various facilities within and beyond county perimeter; may require use of personal vehicle.
Benefits ABOUT HEALTH FIRST At Health First, diversity and inclusion are essential for our continued growth and evolution. Working together, we strive to build and nurture a culture that recognizes, encourages, and respects the diverse voices of our associates. We know through experience that different ideas, perspectives, and backgrounds create a stronger and more collaborative work environment that delivers better results.
As an organization, it fuels our innovation and connects us closer to our associates, customers, and the communities we serve.
Full-Time Paygrade : PG-36
About the role
The Cost Accounting Analyst maintains effective clinical cost accounting and labor productivity systems. The Cost Accounting Analyst provides accurate, timely, and actionable information and analyses from both systems The Cost Accounting Analyst performs routine and ad hoc duties that are complex in nature requiring specialized knowledge and independent judgment.