Job Description - Analyst Costing

  • Support the development and maintenance of patient, service line, departmental, and procedural costing methodologies.
  • Collect, validate, and analyze financial and operational data for cost accounting purposes.
  • Assist in the preparation of cost reports, dashboards, and variance analyses.
  • Monitor direct and indirect cost allocations across departments and cost centers.
  • Analyze labor, supplies, pharmaceuticals, and overhead costs to identify efficiency opportunities.
  • Support annual budgeting, forecasting, and financial planning activities.
  • Assist in determining the cost of clinical services, procedures, and programs.
  • Maintain costing systems, cost drivers, and allocation methodologies.
  • Collaborate with Revenue Cycle teams to support pricing and reimbursement analyses.
  • Prepare ad hoc financial and operational analyses for leadership decision-making.
  • Support benchmarking initiatives and comparison of cost performance against internal and external standards.
  • Ensure data integrity and compliance with organizational costing policies and accounting standards.
  • Participate in process improvement initiatives to enhance financial performance and cost transparency.


Requirements

Qualifications

  • Bachelor's degree in Accounting, Finance, Economics, Healthcare Administration, Business Administration, or a related field.
  • Professional certification such as CMA, CPA, ACCA, CIMA, or equivalent is preferred.
  • Advanced training in healthcare costing, financial analysis, or business analytics is an advantage.

Requirements

  • 2-4 years of experience in healthcare finance, cost accounting, financial analysis, or related fields.
  • Experience with healthcare costing methodologies and cost accounting principles preferred.
  • Strong analytical and problem-solving skills.
  • Advanced proficiency in Microsoft Excel and financial reporting tools.
  • Experience working with ERP systems, cost accounting systems, and healthcare information systems.
  • Knowledge of budgeting, forecasting, variance analysis, and financial modeling.
  • Ability to interpret large datasets and translate findings into actionable recommendations.
  • Strong communication and stakeholder management skills.
  • Ability to work effectively with clinical, operational, and finance teams.


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