What are the responsibilities and job description for the Cost and Revenue Accountant II position at Arkansas Children's?
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.