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St. Mary’s Healthcare has been named a 2025 Times Union Top Workplace . We are the first acute care hospital in the Capital Region to earn the distinction since the Times Union launched the recognition program 14 years ago.

Job Requisition: REQ3708

Employment Type: Full-Time

Shift: Days

Hours Per Week: 40 hours/week

Hiring Range: $65,395.20-$90,084.80

The actual compensation for this position will be determined based on experience and other factors permitted by law.

Responsibilities:

• Conducts data-driven financial analyses to identify cost-saving opportunities to improve financial performance.

• Collects, analyzes, and interprets healthcare data from various sources to help improve patient care, identify trends, and make informed decisions regarding operational changes.

• Collaborates with various members of leadership to gather and analyze financial data.

• Designs and develops dashboards, reports, and presentations to communicate to Leadership.

• Uses statistical and database software to analyze data and prepare reports.

• Identifies trends and patterns in healthcare data to support decision-making.

• Assists in creating and implementing healthcare programs.

• Assists in budgeting and financial planning through trend forecasting.

• Monitors and analyzes cost variances and provides actionable insights for cost control.

• Ensures compliance with healthcare financial regulations and standards.

• Maintains and utilizes the cost accounting software for cost and financial analysis.

• Provides financial insights and recommendations to support decision-making.

• Uses analytical tools to combine clinical, payroll, and financial information to calculate the complete cost of patient care.

• Collects cost information and maintains an expenses database.

• Calculates all direct and indirect costs and proposes keys to allocate them for each billable product and or service.

• Prepares periodic cost forecasts (monthly, quarterly, and annual).

• Compares budgeted cost to actual costs and reports them monthly.

• Reports all expenses in a way that proposes cost trimming (Cost control).

• Identifies opportunities for improvement at all levels.

• Develops KPIs to measure margin improvements.

• Assists with budgets and budget accountability and monitors spending.

• Estimates product costs for existing and new products.

• Coordinates and prepares cost allocation of hospital overhead.

Education, Training & Experience: Bachelor’s Degree in Accounting, Management Information Systems or related field required.

• A minimum of three (3) years relevant experience in cost accounting/ cost analyst role required.

• Experience in cost accounting and analytics within a healthcare setting required. Thorough knowledge of cost accounting models (VBC, ABC, TDBC and CCR) required. · Advanced Excel & Data Manipulation Skills required.

Strong analytical and problem-solving capabilities and experience presenting data to various groups required.