Cost Accountant

Job Summary ( Role Purpose)

PHCC has a vision to be the leader in transforming the health and wellbeing of people’s lives in Qatar. PHCC’smission is to deliver comprehensive, integrated and coordinated person-centered health care services in thecommunity through focusing on disease prevention, healthy lifestyles and wellness. In partnership with ourstakeholders, we will improve the health and wellbeing of our population.The incumbent is primarily responsible for costing data accumulation, examination, and processing for costassignments, allocations, and generating various management reports.

Key Accountabilities & Duties:

• To provide support on designing and implementation of costing and financial systems.
• To be custodian of all costing databank, its accuracy, processing and availability as required.
• To reconcile periodic cost information in Cost Accounting System, with GL and other information systems to ensure accuracy and integrity of reports and analytics.
• To apply cost allocation methodologies for common cost distribution amongst PHCC health centers, head office and PHCC cost centers in costing and financial system after source entries as per defined rules and allocation basis.
• To process cost information after due corrections, allocations and due validation and submit financial cost reports to Senior Cost Accountant/Head of Costing for vetting and final submission to management.
• To accumulate and integrate relevant cost and revenue data for profit & loss statement by health centers/ costing centers and specialties.
• To arrange for agreed allocation values from relevant quarters and enter into system.
• To do financial modelling as and whenever required for any impact analysis to support management decisions.
• To gather support data and analyze report periodic variances and their causes, focusing primarily on spending and idle capacity variances.
• To join Senior Cost Accountant for costing studies with clinical SMEs and capture relevant data and processing.
• To conduct continuous check and verify from source documents the accuracy of data and cost assignments through feeder and infix any corrections required.
• To monitor any sudden change in cost patters and behavior and report Head of Costing.
• Demonstrate proactive approach to patient safety by thinking what might go wrong in all your undertakings and take necessary measures to prevent them from happening.
• Identify and report potential or actual patient safety concerns, errors and/or near misses in timely manner.
• Ensure high standards of confidentiality to safeguard any sensitive information

Minimum Job Requirements:

• Education Requirements : A Bachelor degree in accounting/finance is required.
• Experience & Knowledge : Minimum of 3 years in costing in the healthcare field.