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Healthcare Financial Specialist Deka Minas

2 weeks ago

Pretoria, Gauteng, South Africa Deka Minas Pty Ltd TA Deka Minas Full time

We are seeking an experienced Cost Accountant - Hospital Pricing Specialist to join our team at Deka Minas Pty Ltd T/A Deka Minas.

Job Summary

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
  1. Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, CMA) preferred.
  2. Proven experience in cost accounting and pricing analysis, with a minimum of 5 years of experience in a hospital or healthcare setting.
  3. Strong analytical skills, with the ability to interpret financial data, conduct cost-benefit analysis, and develop pricing models.
  4. In-depth knowledge of healthcare reimbursement methodologies, including fee-for-service, value-based pricing, and bundled payments.
  5. Familiarity with hospital billing systems, electronic health records (EHR), and healthcare regulatory requirements.
  6. Excellent communication and interpersonal skills, with the ability to collaborate effectively with multidisciplinary teams.
  7. Proficiency in financial analysis tools and software (e.g., Excel, SAP, ERP systems).
  8. Detail-oriented with a focus on accuracy and precision in pricing calculations and analysis.
  9. Ability to thrive in a fast-paced environment and manage multiple priorities simultaneously.