St. Mary’s Healthcare has been named a 2025 Times Union Top Workplace . We are the first acute care hospital in the Capital Region to earn the distinction since the Times Union launched the recognition program 14 years ago. Job Requisition: REQ3708 Employment Type: Full-Time Shift: Days Hours Per Week: 40 hours/week Hiring Range: $65,395.20-$90,084.80 The actual compensation for this position will be determined based on experience and other factors permitted by law. Responsibilities: · Conducts data-driven financial analyses to identify cost-saving opportunities to improve financial performance. · Collects, analyzes, and interprets healthcare data from various sources to help improve patient care, identify trends, and make informed decisions regarding operational changes. · Collaborates with various members of leadership to gather and analyze financial data. · Designs and develops dashboards, reports, and presentations to communicate to Leadership. · Uses statistical and database software to analyze data and prepare reports. · Identifies trends and patterns in healthcare data to support decision-making. · Assists in creating and implementing healthcare programs. · Assists in budgeting and financial planning through trend forecasting. · Monitors and analyzes cost variances and provides actionable insights for cost control. · Ensures compliance with healthcare financial regulations and standards. · Maintains and utilizes the cost accounting software for cost and financial analysis. · Provides financial insights and recommendations to support decision-making. · Uses analytical tools to combine clinical, payroll, and financial information to calculate the complete cost of patient care. · Collects cost information and maintains an expenses database. · Calculates all direct and indirect costs and proposes keys to allocate them for each billable product and or service. · Prepares periodic cost forecasts (monthly, quarterly, and annual). · Compares budgeted cost to actual costs and reports them monthly. · Reports all expenses in a way that proposes cost trimming (Cost control). · Identifies opportunities for improvement at all levels. · Develops KPIs to measure margin improvements. · Assists with budgets and budget accountability and monitors spending. · Estimates product costs for existing and new products. · Coordinates and prepares cost allocation of hospital overhead. Education, Training & Experience: Bachelor’s Degree in Accounting, Management Information Systems or related field required. · A minimum of three (3) years relevant experience in cost accounting/ cost analyst role required. · Experience in cost accounting and analytics within a healthcare setting required. Thorough knowledge of cost accounting models (VBC, ABC, TDBC and CCR) required. · Advanced Excel & Data Manipulation Skills required. Strong analytical and problem-solving capabilities and experience presenting data to various groups required.