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Highmark Health

Director Financial Systems and Cost Accounting

Posted 5 Days Ago
Be an Early Applicant
In-Office or Remote
14 Locations
58K-94K Hourly
Senior level
In-Office or Remote
14 Locations
58K-94K Hourly
Senior level
The Director of Financial Systems and Cost Accounting leads financial data integrity and cost accounting, oversees budgeting models, and manages department operations while collaborating with IT and healthcare teams for system efficiency and reporting tools.
The summary above was generated by AI
Company :Allegheny Health NetworkJob Description : 

GENERAL OVERVIEW:

This position will play a critical leadership role in ensuring the accuracy, integrity, and strategic utility of AHN's financial data and cost accounting practices. This position is responsible for developing and maintaining robust cost accounting standards, optimizing the integration and data integrity across various financial and operational systems (including core financial ERP, Workday, and productivity systems), and leading technical build and implementation of sophisticated budgeting models. The Director will drive insights through overhead benchmarking and system allocations, ensuring financial data reliably supports strategic decision-making, operational efficiency, and accurate financial reporting across the organization.

ESSENTIAL RESPONSIBILITIES:

  • Perform management responsibilities to include, but are not limited to: involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity. Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority. (20%)

  • The director will be responsible for the development of the cost accounting system across all domains of the AHN provider network. This will include overseeing the development of RVU weight based time standards in keep operating departments and working with hospital operations to accurately reflect time allocations for major clinical processes. (15%)

  • In addition, the director will work with IT interface teams to assure the transmission of files associated with cost for pharmacy and supply items. Once the cost models are complete, the Director will be responsible for helping to utilize the data from the system to support the business cases and care model redesign efforts aimed at improving both clinical outcomes at a reduced cost. (15%)

  • Director will actively participate in system-wide and department-specific initiatives and will work with physician leaders to help develop cost models and analysis to help identify variation in practice and opportunities to improve the cost position within the organization. (10%)

  • Facilitate the technical build, configuration, and ongoing maintenance of the organizational budget process and associated systems, in close partnership with Financial Planning & Analysis (FP&A) (10%)

  • Develop and implement robust financial reporting tools and dashboards that provide quick, reliable, and actionable insights, with the flexibility to adapt to evolving business requirements. (10%)

  • As needed, engage with finance leaders to support data integrity across different financial systems, including but not limited to benchmarking systems, workforce / productivity systems, and supply chain systems. (10%)

  • Other duties as assigned or requested. (10%)

QUALIFICATIONS:
Minimum

  • Bachelor's degree in business administration, healthcare administration, or accounting or CPA certification

  • 10 years of combined healthcare administration and cost accounting experience required

  • 5 years of leadership experience

Preferred

  • Master's degree in business administration, healthcare administration, or accounting

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times.  In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. 
Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Pay Range Minimum:

$58.12

Pay Range Maximum:

$93.91

Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations.  The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

We endeavor to make this site accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the email below.

For accommodation requests, please contact HR Services Online at [email protected]

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