Manager, Cost Reporting

Overview

This role manages cost reporting processes within the finance department. Responsibilities include ensuring accuracy and completeness of financial data, preparing detailed cost reports, and analyzing financial information to support strategic planning and decision-making. The position collaborates with multiple departments to gather data, maintains and improves internal reporting systems, and ensures compliance with company policies and regulatory standards.

Responsibilities

• Assist and lead the preparation and analysis of detailed cost reports, ensuring accuracy and completeness.
• Analyze cost report data to identify trends, discrepancies, and opportunities for improvement in reimbursement outcomes.
• Support implementation of internal reporting systems to enhance data accuracy and reporting efficiency.
• Ensure compliance with company policies and regulatory standards and guidelines in all financial reporting.
• Participate in process improvement initiatives to streamline cost reporting procedures.
• Communicate complex financial data clearly and effectively to stakeholders with varying levels of financial expertise.
• Assist in implementing strategic plans set forth by senior management, with a focus on cost reporting functions.
• Prepare management reports and presentations summarizing cost report findings and reimbursement impacts.
• Perform other job-related duties as requested.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field required.
• Equivalent years of relevant work experience may be accepted in lieu of required education.
• Four (4)–Five (5) years healthcare finance or reimbursement with significant exposure to Medicaid cost reporting required.
• Strong verbal and written communication skills.
• Familiar with a variety of accounting and finance concepts, practices, and procedures.
• Strong knowledge of Medicaid cost reporting principles, state and federal regulations, and healthcare reimbursement methodologies.
• Microsoft Office expert (particularly Excel).
• Proficiency in Databricks, Spark SQL, Databricks Workflows, Transact-SQL, and Python.
• Familiar with SQL, ETL, or other programming concepts.
• Highly self-motivated, with the ability to work independently and as a member of a team.
• Ability to interact with all levels of management.
• Demonstrates critical thinking and listening skills.
• Demonstrates decision-making and analytical/problem-solving skills for complicated tasks.
• Familiarity with the healthcare field and basic medical terminology.
• Demonstrates interpersonal and relationship-building skills.
• Ability to lead and direct the work of others, including development, motivation, and rewarding of staff.
• Excellent organizational skills and attention to detail.
• Ability to contribute to finance research projects, synthesize findings, create detailed reports, and communicate insights effectively to diverse stakeholders.
• Excellent time management skills with the ability to meet deadlines without being reminded.
• Proficient in Microsoft Power BI, SSIS, SSRS.

Preferred Qualifications

• Master of Business Administration (MBA).
• Management experience.
• Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Healthcare Financial Professional (CHFP), or related certification.

Licensure and Certification

• CPA, CMA, CHFP, or related certification preferred.

Working Conditions

• General office environment; may be required to sit or stand for extended periods of time.
• Ability to travel as required by the needs of the department.

Compensation & Benefits

• Compensation range: $94,100.00 - $164,800.00
• Compensation type: Salary
• In addition to base compensation, may qualify for a bonus tied to company and individual performance.
• Substantial and comprehensive total rewards package.

Location

• Not specified in the provided job description.