Decision Support Cost Accounting Manager

Halifax Health • Daytona Beach, FL

181d • Remote

About The Position

Halifax Health is proud to be recognized among the nation's top hospitals in the 2024-2025 U.S. News Best Hospitals Report. Since 1928, Halifax has been committed to setting the standard for healthcare in our community. The Decision Support Cost Analysis Manager will support Corporate Finance in a service-line approach to analyzing data to forecast service-line profitability. The Manager will be a strategic thinker who can combine data and recognize key patterns to recommend alternative business options that increase profitability. Decision Support Cost Analysis Manager will partner with service line leaders to analyze financial reports, identify variances, recommend cost-saving initiatives, and improve overall processes that increase efficiency and revenue. Decision Support Cost Analysis Manager is comfortable reviewing, analyzing, and interpreting financial data, preparing financial reports, and communicating with key stakeholders, decision-makers, and executive leaders. This position reports to the Director of Finance Decision Support and has substantial growth opportunities. The manager will work a Monday through Friday schedule, primarily onsite, with some work-from-home flexibility.

Requirements

• Bachelor's degree in business, preferably Accounting or Finance.
• Master's degree in business or healthcare administration preferred.
• A minimum of five years of hospital cost accounting and financial analysis experience is preferred.
• Experience with Microsoft Office, Strata EPSi, or similar computer-based cost accounting decision support systems is preferred.
• Extensive experience with Microsoft Excel is desired.
• Knowledge of cost accounting as applied to business processes.
• Ability to handle large volumes of diversified work and meet deadlines.
• Good oral and written communication skills.
• Ability to analyze and prepare financial schedules and reports.
• Ability to prepare oral and written reports.
• Ability to make reasonable independent judgments, work with limited supervision and follow directions.

Responsibilities

• Maintains cost models to accurately calculate the cost of products, services, and operations, including direct and indirect expenses.
• Performs monthly cost accounting functions, including database structure, cost allocations, and assumptions.
• Establishes accurate cost data for organizational decision-making.
• Verifies and reconciles the source data for all analyses and confirms assumptions with finance management.
• Leads in-depth profit and loss analysis for various service lines, including Surgical Services, Cardiology, and Interventional Radiology.
• Partner and collaborate with cross-functional teams across departments to gather information, better understand business needs, and communicate findings through analytics.
• Works with various department leaders, including Revenue Cycle and Supply Chain, to help improve the organization's financial performance.
• Collaborates closely with the CFO, Director of Finance Decision Support, Controller, and department managers to align financial performance with organizational goals.
• Mentors new hires/less-tenured employees on the monthly cost accounting process, assists in answering their questions as they eventually performed the process independently, and works with them to design and implement process improvements.
• Performs ad hoc profitability and statistical analysis upon request.
• Tracks and monitors the effectiveness of cost-saving initiatives.

Benefits

• Substantial growth opportunities.
• Work-from-home flexibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Religious, Grantmaking, Civic, Professional, and Similar Organizations
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees