Analyst - Cost Accounting

Health First Careers•Rockledge, FL

About The Position

The Cost Accounting Analyst maintains effective clinical cost accounting and labor productivity systems, providing accurate, timely, and actionable information and analyses. The role performs routine and ad hoc duties that are complex in nature and require specialized knowledge and independent judgment. The analyst reviews patient-level database updates and supporting files, maintains general ledger and payroll information for overhead allocations and activity costing, and completes monthly cost accounting procedures, including data loads, statistics creation, cost allocations, and net revenue calculations. The role also reviews audit reports, corrects errors, and completes the annual new fiscal year cost table creation process. The analyst ensures payroll and statistical information is loaded accurately, mapping tables are correct, and reporting results are valid. The position verifies productivity-system processes and reporting across daily, biweekly, monthly, quarterly, annual, and as-needed schedules; coordinates staff and process scheduling; and resolves or escalates issues as appropriate. The analyst creates routine and complex ad hoc reports, reviews output, and performs reconciliations. The role works with Corporate Finance, Information Technology, Patient Business Services, Charge Capture, senior cost accounting staff, departmental leaders, and customers to investigate issues, select appropriate statistics and peer groups, explain report content, interpret results, and refine reporting requests. The analyst also protects patient and business information by preventing unauthorized disclosure and validating and documenting customer access rights. This is a full-time position. The physical work may involve sitting or standing for most of the time, occasional walking, bending, and stooping, extended computer or workstation use, and light lifting or moving of objects up to 20 pounds. The role may involve varied indoor conditions, open or confined workspaces, and travel to facilities within and beyond the county perimeter, potentially using a personal vehicle.

Requirements

Bachelor’s degree in a relevant field.
Two years of experience in Finance, PSB, Nursing, or Coding.
Ability to work independently with minimal supervision.
Excellent analytical and critical-thinking skills.
Enthusiasm and a high level of job interest.
Strong oral and written communication skills and professional presence.
Knowledge of Microsoft Office, with a strong emphasis on Excel.
Ability to understand and maintain net revenue calculation rules, mappings, and lump-sum or capitation payments to produce accurate profitability reports.
Understanding of hospital productivity concepts and measurement tools.
Ability to understand, maintain, and execute RVUs, RCCs, VCCs, PLA allocations, reclasses, mappings, product lines, and statistics.

Nice To Haves

Three years of experience in Healthcare Cost Accounting.

Responsibilities

Review and audit patient-level database updates and supporting files in the cost accounting system, ensuring information is accurate, timely, and handled according to current procedures.
Import and maintain general ledger and payroll information needed for overhead allocations and activity costing.
Complete monthly cost accounting procedures, including data loads, statistics creation, cost allocations, and net revenue calculations.
Review audit reports and correct errors; complete the annual new fiscal year cost table creation process.
Ensure payroll and statistical information is accurately loaded, mapping tables are correct, and reporting results are valid.
Verify daily, biweekly, monthly, quarterly, annual, and as-needed productivity-system processes and reporting.
Coordinate staff and process scheduling to ensure routine processes are completed accurately and on time.
Identify and resolve problems, escalating issues to a Senior Cost Accounting Analyst when necessary.
Create routine and complex ad hoc reports using knowledge of fields available in the clinical cost accounting system; review outputs and perform reconciliations.
Communicate with Corporate Finance, IT, Patient Business Services, and Charge Capture to research issues that may affect clinical cost systems and reporting.
Collaborate with the Senior Cost Accounting Analyst and leaders in departments with productivity benchmarks to select appropriate statistics and peer groups.
Prevent unauthorized release of patient or business information and validate and document customer access rights.
Partner with customers to validate information, explain report content, interpret results, and refine requests to improve report output.