Accountant I - Specialized, Full Time, Monday - Friday

Company: ACH Arkansas Children's Hospital
Location: Little Rock
Posted on: October 18, 2020

Job Description:

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: Time Type: Full timeDepartment: CC017086 Cost AnalysisSummaryResponsible for the maintenance and accuracy of the Cost Accounting System and charge master as assigned. Performs the monthly allocation of all overhead department costs in an accurate and timely manner including the reconciliation to the financial statements. Performs daily monitoring and reporting analysis related to revenue cycle. This includes a working knowledge of CPT and ICD-9 codes, analysis of current market data to maintain competitive pricing, and other issues related to compliant billing. Generates financial data for daily/monthly/annual reporting in a timely, accurate manner. Performs analysis of data, communicates with other ACH team members and proposes or makes changes as needed. Communicates any issues to the Director of Cost Analysis. Performs Special Projects and analysis as needed.DescriptionPRIMARY DUTIES AND RESPONSIBILITIES1. Maintenance and accuracy of Cost Accounting SystemResponsible accurate and timely setup and ongoing maintenance of all components of procedural standard costs. Coordinates with assigned hospital department heads to gain understanding of clinical services provided and subsequently interpret into financial standard costs. Maintain all dictionaries in cost accounting module for assigned departments. Performs ongoing analysis of changes in standard costs, investigates variances, makes changes as needed and reports findings to Cost Accounting Director. Serves as a resource for assigned department heads to provide understanding of the cost accounting system and overall uses of data. 2. Maintenance and accuracy of Hospital Charge master Responsible for the accurate and timely setup and maintenance of patient charges to ensure integrity of CPT code in compliance with regulatory guidelines, and consistency and integrity with pricing methodology. Coordinates with assigned hospital department heads to gain understanding of clinical services provided and subsequently interpret into patient charges. Performs annual update of CPT codes for assigned departments ensuring compliance with regulatory guidelines. Performs analysis of available market data to ensure competitiveness of new and existing patient charges. Performs analysis of issues involved in charge set up for new and existing patient charges, investigates causes, proposes solutions, and reports to Cost Accounting Director. 3. Generates financial data for monthly/annual reporting Compiles appropriate data required within project scope in a timely accurate manner. Verifies data integrity utilizing necessary Epic applications and /or other source documents (i.e. COS, DR). Performs analytical review of all data within the scope of own knowledge base, investigates issues, proposes solutions and reports to Cost Accounting Director Produces information that is useful and meaningful to the intended users in presentation format while maintaining patient confidentiality. 4. Special Projects as assigned Coordinates with relevant hospital personnel to determine data required for the project.Compiles appropriate data required within project scope in a timely accurate manner. Verifies data integrity utilizing necessary Epic applications and /or other source documents. Performs analytical review of all data within the scope of own knowledge base, investigates issues, proposes solutions, and reports to Cost Accounting Director. Produces information that is useful and meaningful to the intended users in presentation format while maintaining patient confidentiality.5. Daily monitoring and reporting analysis related to revenue cycle Research and resolve daily rejected patient charge transactions.Reconciles the patient charge batches from interfacing modules to Billing system daily. Performs daily analysis to determine if patient charges are used appropriately.6. Allocation of overhead costs and reconciliation to General LedgerPerforms the monthly allocation of all overhead department costs in an accurate and timely mannerReconciles Cost Accounting to General Ledger monthly and annually. Responsible for the accurate and timely annual update and ongoing maintenance of all components of cost allocation including stat batches and tables. 7. Other duties as assigned EDUCATION REQUIREMENTSRequired - Bachelor's degree from four-year college or university - Field of Study: College Degree with an emphasis in Accounting EXPERIENCE REQUIREMENTSRequired - 4 years total experience required, which includes 4 years of accounting experiencePreferred - 2 years hospital experience preferredCERTIFICATION / LICENSE / REGISTRY REQUIREMENTSPreferred - Certified Public Accountant (CPA) (Active or Inactive) (AR) (License)SKILL REQUIREMENTSRequired - Experience with Microsoft Office requiredRequired - Excellent written and verbal communication skills requiredRequired - Ability to handle multiple tasksPreferred - Experience with Monarch preferredPreferred - Experience with Epic preferredPreferred - Experience with Strata Cost Accounting system preferredPHYSICAL REQUIREMENTSLifting/Pushing/Pulling Weight-This position has no lifting/pushing/pulling weight requirements specified-Noise Level-Noise Level-QuietPhysical Activity-Sit-RegularlyPhysical Activity-Talk or hear-RegularlyPhysical Activity-Use hands to touch, handle, or feel-FrequentlyPhysical Environment-Inside Office Environment / conditions-RegularlySafety Sensitivity-This position has been designated as safety sensitive.-Required

Keywords: ACH Arkansas Children's Hospital, Little Rock , Accountant I - Specialized, Full Time, Monday - Friday, Accounting, Auditing , Little Rock, Arkansas