St. Mary’s Healthcare has been providing high-quality, compassionate healthcare to the people of Montgomery and Fulton counties since 1903. At St. Mary’s Hospital, the Rao Outpatient Pavilion and other locations, the local, independent healthcare organization offers the comprehensive, critical services its community needs and deserves. St. Mary’s Healthcare has also been named a 2026 Times Union Top Workplace—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: DECIS001911
Employment Type: Full-time
Shift: Days
Hours Per Week: 40-hour/week
Hiring range: $65,395.50 - $90,084.80
The actual compensation for this position will be determined based on experience and other factors permitted by law.
Responsibilities:
Conduct data-driven financial analyses to identify cost-saving opportunities and improve financial performance.
Collect, analyze, and interpret 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.
Design and develop dashboards, reports, and presentations to communicate to Leadership.
Use statistical and database software to analyze data and prepare reports.
Identify trends and patterns in healthcare data to support decision-making.
Assist in creating and implementing healthcare programs.
Assist in budgeting and financial planning through trend forecasting.
Monitors and analyzes cost variances and provide actionable insights for cost control.
Ensures compliance with healthcare financial regulations and standards.
Maintains and utilize 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.
Collecting cost information and maintain an expenses database.
Calculate all direct and indirect costs and propose keys to allocate them for each billable product and or service.
Prepare periodic cost forecasts (monthly, quarterly, and annual).
Compare budgeted cost to actual costs and report them monthly.
Report all expenses in a way that proposes cost trimming (Cost control).
Identify opportunities for improvement at all levels.
Develop KPIs to measure margin improvements.
Assist with budgets and budget accountability and monitor spending.
Estimate product costs for existing and new products.
Coordinate and prepare cost allocation of hospital overhead.
Education, Training & Experience: Bachelor’s in accounting, Management Information Systems or related field required.
A minimum of three (3) years relevant experience in cost accounting/analyst 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.
Required Skills & Attributes:
Ability to organize and establish day-to-day priorities while using critical thinking skills in all aspects of the job.
Must be able to multitask while remaining professional, focused, composed and positive.
Excellent customer service skills
Displays integrity, friendliness, and compassion.
Must be able to establish an appropriate and effective rapport with others.
Demonstrates flexibility
Takes initiative
Able to work in a fast-paced environment
Embraces new opportunities to grow both personally and professionally.
Effective critical thinking and problem-solving skills.
Proficient with various Microsoft Office products (Word and Excel).
Strong organizational skills.
Effective interpersonal skills.
Ability to take and follow direction in a positive and appropriate manner.
Ability to work as part of a team and independently.
Must be able to demonstrate effective and appropriate written and oral communication skills.
Must be able to speak, read, write and follow instructions in English.