Cost Accounting Analyst at Nicklaus Children's Health System in Miami, Florida

Job Description:

Job Summary

Maintains the Enterprise Decision Support patient database, including all reference tables and daily import files. Audits and performs reconciliation on a regular basis. Analyzes clinical and statistical data and assists in preparing information for internal and external use by governmental agencies, financial institutions, auditors, and third-party agencies. Participates in cross functional teams in the department to assist with costing and/or financial requirements as well as various ad-hoc clinical and financial reporting, working collaboratively with Manager of Cost Accounting.

Job Specific Duties

• Responsible for Axiom EDS database management/maintenance. 
  
  


• Analyzes data and statistics to identify trends and variances. Provides explanation for variances. 
  
  


• Prepares accurate financial and statistical information for internal and external use by government agencies, financial institutions, auditors and third-party agencies. 
  
  


• Works with IT, Finance, Revenue Cycle, and other department leaders and maintains data across multiple systems and databases to ensure accurate data and reporting. 
  
  


• Performs patient data reconciliation on a routine basis; identifies and clears all reconciling items in a timely manner. 
  
  


• Prepares and performs standard and ad hoc clinical and financial reporting. 
  
  


• Participates in cross-functional teams to assist with financial requirements and to enable adherence to generally acceptable accounting principles. 
  
  


• Assists Cost Manager with various aspects of the hospital's cost allocation process. Provides recommendations if needed. 
  
  


• Develops automated procedures, eliminates duplication of effort, and coordinates information requirements in order to increase productivity and efficiency within the Finance Division. 

Minimum Job Requirements

• Bachelor's Degree in Accounting, Finance, Healthcare Administration, or related field 
  
  


• 2-4 years of experience with Decision Support systems, Accounting systems or similar
  
  


• 2-4 years of experience in an accounting or financial analyst position

Knowledge, Skills, and Abilities

• Master's degree in Accounting, Finance, Business/Healthcare Administration or related field preferred.
  
  


• Axiom software experience preferred.
  
  


• Self-motivated and self-directed individual with a high degree of professional accountability.
  
  


• Strong financial, analytical, communication, organizational and technical skills, including detail-orientation and reconciliation skills.
  
  


• Demonstrates understanding of accounting and/or financial theory or cost methodologies in healthcare settings.
  
  


• Demonstrates competency in design, preparation of spreadsheets and other clinical and financial reports.
  
  


• Strong computer applications and project management skills.
  
  


• Strong proficiency in Microsoft Office (Excel, Word, Outlook, Teams) and/or other healthcare related systems.
  
  


• Skill in the use of complex mathematical and statistical techniques to assess clinical, financial and statistical scenarios.
  
  


• Ability to manage multiple deadlines and prioritize requests as needed, maintaining poise and professional composure.
  
  


• Ability to communicate information in a clear, concise, and easy to understand manner for use by internal and external groups.
  
  


• Knowledge of HIPAA regulations in a Decision Support environment and ability to maintain strict confidentiality of highly sensitive information.