Description:
The Government Reporting Team plays a critical role in ensuring organizational compliance with complex reporting requirements and optimizing financial outcomes through strategic government contracting, primarily Medicare Cost Reporting and Indirect Cost Reporting. This team is responsible for the preparation, review, and submission of all federal, state, and local tax filings, as well as the development and negotiation of material government cost reports and proposals. This position focuses primarily on the Medicare Cost Report but contributes to the Indirect Cost Rate Proposal (ICRP), Fringe Benefit Proposal, Federal regulatory reporting and more.
At Fred Hutchinson Cancer Center, all employees are expected to demonstrate a commitment to our values of collaboration, compassion, determination, excellence, innovation, integrity, and respect.
This role is a fully remote role.
Responsibilities
- Accountable for the accuracy, integrity, and completeness of cost accounting data and its alignment with internal and external reporting standards.
- Oversee the development and maintenance of cost models, step-down allocations, trend analysis, and variance frameworks to support financial decision-making.
- Support the preparation and submission of the annual Medicare Cost Report, ensuring alignment with CMS guidelines and organizational objectives.
- Support the development and negotiation of the Indirect Cost Rate Proposal (ICRP) with cognizant federal agencies to recover allowable overhead costs.
- Support the development and negotiation of the Fringe Benefit Proposal with cognizant federal agencies to recover allowable fringe benefit costs.
- Maintain documentation and support for all cost allocation methodologies and assumptions.
- Support organizational compliance government reporting agreements and drive improvements in cost analysis, optimized reimbursement and data quality.
- Provide cost insights that inform strategic budgeting, planning, and performance monitoring across departments.
- Contributes to the evolution and strengthening of internal controls and compliance frameworks related to cost accounting. Work with stakeholders to analyze proposed regulatory rules for organizational impact to Medicare, Indirect Cost Rates, and Fringe Benefit reimbursement.
- Actively maintain, influence and improve cost accounting systems, reporting and processes.
- Other duties as assigned.
Qualifications MINIMUM QUALIFICATIONS:
- Bachelor’s degree in accounting, Finance, or related field.
- 5 years of experience in cost accounting.
- Strong knowledge of cost accounting principles, inventory valuation, and financial reporting.
- Advanced Excel skills and experience with data analysis tools.
- Excellent attention to detail, analytical skills, and problem-solving ability.
- Strong communication and interpersonal skills to collaborate across departments.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Preferred Qualifications
- Professional certification such as CMA or CPA.
- Proficiency with PeopleSoft ERP systems and ability to learn new systems and concepts.
- Experience with Federal funded research models, familiarity with DHHS Indirect Cost or Fringe Rate Proposals
- Experience with healthcare provider industry, familiar with Medicare Cost Reporting
- Experience with Epic