Please note that this position is based in The Middle East, relocation, accommodation and additional benefits apply.
A trusted and well established client of ours in The Middle East is seeking an experienced Cost Accountant - Hospital Pricing Specialist.
Overview: We are seeking a skilled Cost Accountant with expertise in pricing products and services within a hospital environment to join our team. As a Hospital Pricing Specialist, you will play a crucial role in analyzing costs, establishing pricing strategies, and ensuring competitive pricing for our healthcare offerings. The ideal candidate will have a strong background in cost accounting, pricing analysis, and a deep understanding of the healthcare industry.
Key Responsibilities:
- Analyze and evaluate the costs associated with hospital products and services, including medical supplies, procedures, and treatments.
- Develop and implement pricing strategies to optimize revenue generation while ensuring competitiveness in the market.
- Conduct market research and competitive analysis to identify pricing trends and opportunities for strategic pricing adjustments.
- Collaborate with departmental heads, finance teams, and senior management to establish pricing policies and guidelines aligned with organizational goals.
- Monitor and review pricing performance, identifying variances and opportunities for improvement.
- Prepare pricing proposals and recommendations for new services, expansions, and contract negotiations.
- Maintain accurate pricing data and documentation, ensuring compliance with regulatory requirements and internal controls.
- Provide support and guidance to cross-functional teams on pricing-related matters, including sales, marketing, and operations.
- Stay abreast of industry trends, regulatory changes, and best practices in hospital pricing and cost accounting.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, CMA) preferred.
- Proven experience in cost accounting and pricing analysis, with a minimum of 5 years of experience in a hospital or healthcare setting.
- Strong analytical skills, with the ability to interpret financial data, conduct cost-benefit analysis, and develop pricing models.
- In-depth knowledge of healthcare reimbursement methodologies, including fee-for-service, value-based pricing, and bundled payments.
- Familiarity with hospital billing systems, electronic health records (EHR), and healthcare regulatory requirements.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with multidisciplinary teams.
- Proficiency in financial analysis tools and software (e.g., Excel, SAP, ERP systems).
- Detail-oriented with a focus on accuracy and precision in pricing calculations and analysis.
- Ability to thrive in a fast-paced environment and manage multiple priorities simultaneously.
Please note that by submitting your personal information to Deka Minas you free-willingly issue the business consent to make use of such data for the specific purpose of securing you either permanent or temporary employment. Our business makes use of a POPIA compliant database and you have the right to access, right to correction and right to deletion of your personal information.
