Cost Accountant - Senior

Job Number 57948
Posted 2/8/2019
Account Northern Light Health Home Office
Department Decision Support
Location |ME| Northern Light Health Home Office - Wilson St., Brewer, ME 04412
Schedule Regular Full-time
Shift Day
Hours 8:00am-4:30pm
Job Details This Position is Eligible for Northern Light Health Employee Referral Bonus

The Senior Cost Accountant is primarily responsible to assist in the oversight and maintenance ofthe cost accounting system and to provide support for recommending and setting cost standards in addition to monthly processing. This professional works in a team to offer Financial Planning and Decision Support services, including annual operating budget, long range financial forecasts and business plans. Collaborates with Home Office and Member staff to achieve superior cost analysis and reporting. The Senior Cost Accountant may be requested to support various committees or task forces to advance the interests of the health system.

The Senior Cost Accountant will aid the Lead Cost Accountant and the Director in support of the needs of the Vice President of Finance, Senior Vice President Treasurer and Chief Financial Officer and internal and external clients related to the organization.

In this role, the Senior Cost Accountant must demonstrate and promote excellent customer service, responsiveness, oral and written communication, accurate and supported analysis, and project management skills. To be successful, the individual in this position must:

•be an effective communicator and trainer providing support to allhealth system membersto optimize utilization of the EPSi cost accounting system,
•provide timely input and analysis into the decision-making process during the development of the cost accounting strategy and operational processes,
•continually demonstrate a thorough understanding of financial operations and proficiency with the budgeting and forecasting tools,
•be a role model in the delivery of services that are deemed to be superior in the eyes of the customers.

Major Position Responsibilities:

•Provides ongoing training and guidance to System and Member leaders to understand cost variances
•Provides education and training for department leadership to establish departmental costs at the charge code level.
•Analyzes cost allocations and makes appropriate system updates as directed.
•Performs duties associated with the monthly processing of cost allocations.
•Works closely with other team members on related modules that interact with cost accounting.
•Validates and reconciles allocations and processes.
•Ensures the integrity of cost accounting data remains intact by recommending and implementing best practices as directed.
•Stays up-to-date on cost accounting system upgrades and prepares for scheduled system maintenance downtime as directed.
•Analyzes and interprets complex requests for cost and budget data and develops meaningful reports.

Education and Experience Requirements:
  • Bachelor's degree in finance, accounting, business administration, economics, management information systems or related field PLUS five (5) years of experience in general accounting, hospital finance, performance improvement or related area OR associate's degree in finance, accounting, business administration, economics, management information systems or related field PLUS nine (9) years of experience in general accounting, hospital finance, performance improvement or related area required. Master's degree preferred.
  • •High level of proficiency with MS Office applications including Word, Excel, PowerPoint and Access, required.
    •Working knowledge of Allscripts EPSi and Lawson systems, preferred.
    •Working knowledge of financial statement preparation and analysis, required.
    •Demonstrated knowledge of projection methodologies and relationships between goals and finances.
    •Excellent customer service and verbal and written communication skills, required. Oral presentation skills, preferred.
    •Project organization, time management, analytical and problem-solving skills, required.
    •Demonstrates initiative, a professional attitude and a desire toward self-improvement.
    •High level of personal accountability for accuracy, attention to detail and completion of work assignments, required.
    •Ability to work with all levels of personnel within facility and physician areas, work collaboratively with teams and coordinate the work of others, required.
    •Professional demeanor in the following areas: confidentiality, timeliness, prioritization, judgment and business relationships, required.

Physical Demands:

Physical requirements include the ability to sit and/or stand long periods, light lifting, bending, some walking, hand dexterity sufficient to manage keyboard functions, and visual acuity. Travel will be necessary periodically. Keyboard skills are required.

Working Environment:

Fast paced office environment which can be stressful with multiple deadlines to meet project targets.

Equal Opportunity Employment
We are an equal opportunity, affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, disability status, gender, sexual orientation, ancestry, protected veteran status, national origin, genetic information or any other legally protected status.