Cost Strategy Analyst - Cost Accounting

Now hiring a Cost Strategy Analyst-Remote!

Presbyterian is seeking a Cost Strategy Analyst to serve as a key individual contributor in the Finance organization. Acts on behalf of the Manager of Cost Accounting. Project manager for a variety of long and short-term projects. Leads planning sessions for strategic and operational cost planning and implements outcome of plans. Interfaces with internal business units and external entities (i.e. vendors) to manage requirements gathering, develop labor standards, maintain work plan, coordinate activities in support of costing solution, reporting and analytics. Serves as expert resource and educator to staff and leadership in relation to cost accounting system operation and functionality, cost data design and interpretation, analytic results, business insights, documentation and process improvement.

This is a Full Time position - Exempt: Yes
• Job is based at Rev Hugh Cooper Admin Center
• Work hours: Days

Ideal Candidate:

8 years of cost accounting experience required.

Cost accounting experience in a health care delivery organization is preferred.

Strong computer software skills are essential including MS Office applications; advanced Excel.

• Bachelors degree in finance, accounting or relevant field required.
• 8 years of cost accounting experience required. Cost accounting experience in a health care delivery organization is preferred.
• 6 years experience to include configuration, maintenance, modeling and analytics within a leading cost accounting system (e.g. EPSi, Oracle, TSI, Strata, Siemens, Avega, Cost Plus, Axiom, MedAssets).
• Competent with business intelligence analytical tools (e.g. Business Objects, SAS, relational databases).
• Analytical experience in cost planning, cost strategy, cost development, operations, and/or finance.
• Strong business acumen and technical knowledge.
• Combination of technical, financial, and business knowledge and experience.
• Intermediate to expert MS Office skills with emphasis on Excel, Access and PowerPoint.
• Excellent written and oral communication and presentation skills.
  
  

Education Essential: Bachelor Degree

Project Management:

• Lead a variety of projects and organizational undertakings related to strategic costing objectives.
• Organize, schedule, plan and manage project-related team activities.
• Create, monitor and manage project timelines and validation efforts.
• Create presentations for senior level meetings and briefings.
• Develop agendas and content and manage the meetings and internal communications for various meetings.

Strategy:

• Analyze business challenges/problems requiring strategic cost planning effort for new and changing opportunities.
• Demonstrate expert analytical/problem solving skills and in-depth understanding of the business and systems to identify and develop innovative strategic cost initiatives, and to remediate and resolve complex design issues and problems within the application.
• Provide and coordinate analytics for strategic costing initiatives identified by the VP of Finance and other stakeholders.
• Participate in cost strategy sessions and vet ideas of the strategy team and stakeholders. Facilitate discussions and provide recommendations regarding proper development and use of cost data.
• Design, develop and deploy new methodologies and algorithms to calculate patient level costs in response to changing and future business requirements.
• Perform data research, analysis, prepare reports to communicate impact/results, and support development of costing solution. Perform advanced configuration, testing/quality review and maintenance for production application.

Analytics:

• Participate in the design and development of financial reports and dashboards.
• Demonstrate sound analytical problem solving, investigative and research ability as evidenced by experience in the identification, documentation and communication of issues, requirements, opportunities, and solutions to costing problems.
• Conduct complex data analyses and projections pertaining to ongoing performance of a department, service line, provider or procedure. Provide analyses and data models for cost development.
• Analyze complex data and present key trends in a compelling and easy to understand fashion. Prepare reports and craft consistent messaging for dissemination of cost, operational or financial information.
• Validate reports/analysis to ensure accuracy via comparison to internal and external benchmarks and use of peer review as appropriate.

Technology:

• Proficient in at least one of the leading cost accounting software applications (e.g. EPSi, Oracle, TSI, Siemens, Strata, Avega, Cost Plus, Axiom, MedAssets) for cost calculation, modeling for payor adjudication, cost and product line analysis, development of relative value units (RVUs) and exporting data.
• Competent in at least one of the leading enterprise resource planning (ERP) systems (e.g. Infor, Oracle, McKesson, Meditech, SAP, Evident, Harris ERP, Healthland, Intacct) for research/remediation of source data anomalies, GL & payroll extract validation, analytics and exporting data. Competent in at least one of the leading hospital electronic medical record (EMR) systems (Epic, Meditech, Siemens, Cerner, McKesson, Healthland, Allscripts, NextGen Healthcare, CPSI) for research/remediation of source data anomalies. Demonstrate knowledge of business intelligence tools (Business Objects, SAS, relational databases).
• Experience in utilizing database tools for research and analyses and for building database models. Perform complex modeling to compile/analyze stakeholder provided RVUs for accuracy and viability.
• Demonstrate ability to research and remediate complex issues related to methodology/algorithm changes, configuration and/or source data anomalies.
• Demonstrate strong knowledge and understanding of the structural and configuration relationships between the source systems, application, modules, etc.
• Alliance Management: Meet with business leaders, business units and other stakeholders to provide education and guidance in the development of cost standards and business requirements. Work with representatives from external hospitals to benchmark and gather data to find ways to improve costing and to decrease costs.
• Serve as a liaison with internal business units and external entities to support costing, reporting and analytic efforts.
• Function as a key contributor for tasks or projects while managing multiple tasks and meeting established deadlines. Deal with highly confidential information, both patient-level and employee-level. Interface with all levels of the organization including many VPs.
• Collaborate and achieve actionable results through others while building strong, sustainable relationships.
• Perform other duties as assigned

About Presbyterian Healthcare Services
Presbyterian offers a comprehensive benefits package to eligible employees, including medical, dental, vision, disability coverage, life insurance, and optional voluntary benefits.

The Employee Wellness Rewards Program encourages staff to engage in health-enhancing activities - like challenges, webinars, and screenings - with opportunities to earn gift to earn gift cards and other incentives.

As a mission-driven organization, Presbyterian is deeply committed to improving community health across New Mexico through initiatives like growers' markets and local partnerships. Founded in 1908, Presbyterian is a locally owned, not-for-profit healthcare system with nine hospitals, a statewide health plan, and a growing multi-specialty medical group. With nearly 14,000 employees, it is the largest private employer in the state, serving over 580,000 health plan members through Medicare Advantage, Medicaid, and Commercial plans.

AA/EOE/VET/DISABLED. PHS is a drug-free and tobacco-free employer with smoke free campuses.