
Senior / Executive, Pricing & Costing
2 weeks ago
**Job Scope**
The Senior Pricing & Costing Executive is responsible for analyzing and managing the pricing and costs associated with the patient billable service. They assist in price setting, cost control and financial reporting to ensure cost-efficiency and profitability for the organization.
**Roles and Responsibilities**:
- Responsible for building and maintaining the hospital’s cost accounting - the prices of patient billable service, packages and procedures in the hospital information system.
- Responsible for pricing analysis, data preparation and data analysis.
- Prepare regular pricing/costing reports and provide detailed analysis on variances.
- Perform competitor analysis in terms of price comparison of service rendered by the hospital.
- Identify and analyze inefficiencies and propose corrective actions.
- Maintain accurate records of all price/cost data and ensure proper implementation of systems across multiple modules.
- Continuously improve price/cost tracking methods and systems to enhance accuracy and efficiency.
- Work with procurement, business units, and operations teams to gather necessary data for analysis.
- Support decision-making by providing price/cost-related insights on new projects or service launches.
- Ensure compliance with accounting standards, company policies and regulations.
- Assist in internal and external audits related to pricing/costing.
**Requirements**:
- Degree in Accounting, Finance, Business Administration, or a related field.
- At least 3-4 years experience in pricing/cost accounting, financial analysis, or a similar role. Preferably with private hospital experience.
- Knowledge of pricing/cost accounting principles and financial reporting.
- Proficient in Microsoft Excel (advanced level) and ERP systems. Preferably with SQL and Power Query experience.
- Strong ability to analyze data, identify trends, and make actionable recommendations.
- Ability to communicate complex financial data in a clear and concise manner.
- High degree of accuracy and thoroughness in reporting and analysis.
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