New Job Cost Strategy Analyst In New Mexico

Overview:

Now hiring a Cost Strategy Analyst for our Finance Department!

We are looking for a high level Strategic & Operational Cost Analyst with experience in cost development, analysis, reconciliation and project management.

The ideal candidate has cost accounting experience preferably in a health care delivery organization.

You will lead planning sessions for strategic and operational cost planning and implement outcome of plans. You will serve as an 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.

Qualifications:

• 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

Responsibilities:

Strategy

Analyze business challenges/problems requiring strategic planning effort related to costing for new and changing opportunities. Interface 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. 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. Participate in cost strategy sessions and vet ideas of the strategy team and stakeholders. Design, develop and deploy new methodologies and algorithms to calculate patient level costs in response to changing and future business requirements.

Analytics

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 problems accurately, effectively and efficiently. Demonstrate knowledge of current issues and trends in health care and clinical operations as it relates to costing. Conduct complex data analyses and projections pertaining to ongoing performance of a department, service line, provider or procedure. Develop, maintain and distribute standard reports and analyses, correlate diverse sets of information and discern patterns, interpret, conceptualize and then translate ideas from abstract to concrete, determine appropriate level to conduct analysis and navigate efficiently between levels of detail to synthesize data into an audience appropriate story that can be used to support business initiatives, regulatory compliance, identify solutions to problems, answer questions or provide cost insights. Demonstrate strong business acumen and technical knowledge to handle both complex situations and multiple responsibilities simultaneously. Present observations/insights that identify the impact to internal and external stakeholders, provide recommendations for potential solutions to both common and new and unfamiliar challenges, and are accurate, complete, and timely.

Alliance Management

Meet with business leaders, business units and other stakeholders to provide education and guidance in the development and interpretation of cost standards and business requirements. Work with representatives from external hospitals to benchmark and gather data to find ways to improve costing and decrease costs. Serve as a liaison with internal business units and external entities to support costing, reporting and analytic efforts. Provide backup support for the Manager of Cost Accounting as needed and/or attend meetings on his/her behalf. Perform other functions as required including performing and receiving cross training. Collaborate and achieve actionable results through others and build strong, sustainable relationships.

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

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, DAT and UAT validation efforts. Gather inputs from members at all levels of the organization to generate and deliver presentations accurately and in a timely fashion.

Benefits:
Offer Disclaimer: The compensation range for this role takes into account a wide range of factors, including but not limited to experience and training, internal equity, and other business and organizational needs. Compensation decisions are dependent upon the facts and circumstances of each offer. Minimum Offer: USD $31.32/Hr. Maximum Offer: USD $47.83/Hr.