Senior Cost Analyst

Insight Global • Livingston, NJ • 7h ago

Job Description

Insight Global is looking for a Senior Cost Analyst to join our enterprise healthcare client in NJ. They will utilize STRATA Cost Accounting application to process general ledger, payroll and statistical data, to develop consistent costing models across the enterprise. A comprehensive understanding of GL expenses, overhead allocation methods, and alignment of expenses with revenue is leveraged to accurately calculate the cost of services, to be used to analyze the financial performance of service lines, comparing system-wide procedural cost and utilization. They will maintain cost accounting rules for each facility, to ensure consistent handling of direct and indirect expenses, and appropriate alignment of expenses with revenue. They'll also develop an efficient process to facilitate timely GL cost updates and consistency across the sites. Their responsible for maintaining department mapping tables, GL account to component mapping rules, payroll account to component mapping rules and, overhead allocation rules to ensure allocated costs are appropriately aligned to encounter data. Additionally, they'll communicate effectively with site Finance department managers to gain understanding of GL expenses, research GL changes, make recommendations for indirect allocations and review costing results. They will also reconcile GL Revenue to Charge data within Strata application to ensure that data is accurately captured and aligns with the cost allocated.

We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form (https://airtable.com/app21VjYyxLDIX0ez/shrOg4IQS1J6dRiMo) . The EEOC "Know Your Rights" Poster is available here (https://www.eeoc.gov/sites/default/files/2023-06/22-088\EEOC\KnowYourRights6.12ScreenRdr.pdf) .

To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .

Skills and Requirements

Bachelors degree in Finance/Accounting

7-10 years of Healthcare Finance or Decision Support experience with at least 5 of those years focused in Healthcare Cost Accounting. A Masters degree a plus.

Expert understanding of cost accounting principles needed to accurately measure and analyze costs associated with patient care. Ability to distinguish between direct costs tied to a specific service, and those that are allocated across operations.

Proficiency in applying various costing methods such as Ratio of Cost to Charge (RCC), Relative Value Unit (RVU) or Activity Based Costing (ABC) to accurately allocate costs to specific services.

Proficient in Healthcare Cost Accounting analytical tools, such as STRATA Jazz.

Proficient in Microsoft Excel, and strong analytical skills required. null

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.

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