Cost and Revenue Accountant II

ARKANSAS CHILDREN'S IS A TOBACCO FREE WORKPLACE. FLU VACCINES ARE REQUIRED. ARKANSAS CHILDREN'S IS AN EQUAL OPPORTUNITY EMPLOYER. ALL QUALIFIED APPLICANTS WILL RECEIVE CONSIDERATION FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, NATIONAL ORIGIN, AGE, DISABILITY, PROTECTED VETERAN STATUS OR ANY OTHER CHARACTERISTIC PROTECTED BY FEDERAL, STATE, OR LOCAL LAWS. CURRENT EMPLOYEES: Please apply via the internal career site by logging into your Workday Account (https://www.myworkday.com/archildrens/)and search the "Find Jobs" report. Work Shift: Please see job description for details. Time Type: Full time Department: CC017086 Cost Accounting and Revenue Integrity Summary: Monday - Friday, Day Shift — Hybrid (Training will be onsite) This position is responsible for conducting intermediate cost analysis and reporting. Ensures cost data is correct and maintained within cost system. Conducts analysis on detailed revenue information reconciling variations. Creates revenue forecasts and ensures proper revenue recognition. Additional Information: Monday - Friday, Day Shift — Hybrid (Training will be onsite) Required Education: Bachelor's Degree Recommended Education: Required Work Experience: Accounting - 2 years of experience Recommended Work Experience: Required Certifications: Recommended Certifications: Description 1. Collaborates with clinical staff to accurately assess clinical procedures and develop standard cost. 2. Uses knowledge of various intermediate cost accounting methodologies and ability to assess which method is applicable. 3. Uses knowledge of overhead allocation methodologies and process of assigning indirect cost to clinical procedures. 4. Conducts analysis of various systems that integrate data into the Strata (cost) system; reconciliation and troubleshooting with vendor. 5. Conducts analysis of monthly and YTD revenue for variance and forecasting. 6. Uses knowledge of market data related to procedure charges and perform analysis on pricing. 7. Conducts patient estimates for compliance with price transparency. 8. Assists with the annual revenue budget and analysis. 9. Responsible for revenue data integrity from order to patient account. 10. Responsible for the hospitals accurate CDM (Charge Description Master) required for billing. 11. Performs other duties as assigned. Arkansas Children’s is the only hospital system in the state dedicated to caring for children, which enables us to uniquely shape the landscape of pediatric care in Arkansas. Arkansas Children’s is driven by four core values—safety, teamwork, compassion and excellence—which inform every action. Arkansas Children’s Hospital has received Magnet Status from the American Nurses Credentialing Center (ANCC), for nursing excellence and patient outcomes. And we are nationally ranked by U.S. News & World Report for Cancer, Cardiology & Heart Surgery, Diabetes & Endocrinology, Nephrology, Neurology & Neurosurgery, Pulmonology & Lung Surgery and Urology. For more than a century, Arkansas Children’s has met the unique needs of children. But we’re more than just a hospital treating sick kids—our services include two hospitals, a pediatric research institute, foundation, clinics, education and outreach, all with an unyielding commitment to making children better today and healthier tomorrow. Arkansas Children’s Little Rock campus includes a 336-bed hospital with the state’s only pediatric Level 1 Trauma Center, burn center, Level 4 neonatal intensive care and pediatric intensive care, as well as a nationally-recognized transport service. And Arkansas Children’s Northwest provides inpatient and emergency care, clinic rooms and diagnostic services to children in that corner of the state. “Arkansas Children’s is a place of hope and comfort for children and parents. When you are at children’s, you are part of an elite team united with a common goal of saving children and making their lives better.” Michael – Business Operations Manager “Arkansas Children’s Hospital is a prestigious institution that cares for children.” Linda – Information Systems Analyst “We are an organization of care, love, and hope while we champion children.” Angela – Parking and Fleet Coordinator “Care, love, and hope for children!” Kathy – Administrative Assistant “When I think of my time here at Arkansas Children’s Hospital, I can honestly say that it has given me a unique perspective on the human condition, and the various roles that we all have in patient care. As a supply assistant, I have a very important job ensuring that the doctors and nurses have what they need to provide the world class medical care to the Children of Arkansas and surrounding states. Being a Champion for Children is more than a catch phrase, it is a way of life!” Nick – Supply Assistant