Cape Town: Cost Accountant – Hospital Pricing Specialist posted by Deka Minas (Pty) Ltd

About the Role

We are seeking an experienced 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.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field

Salary & Benefits

• Relocation, accommodation, and additional benefits apply.