Cost Accountant

Southwestern University PHINMA/Southwestern University Medical Center; Cebu City; On-site; PHP 400,000 - 650,000; Full time

Job summary

Southwestern University PHINMA/Southwestern University Medical Center seeks a Financial Analyst to build robust models, perform cost analyses, and benchmark pricing for healthcare services. Collaboration with clinical leadership is essential to align financial milestones with service delivery goals.

The role leverages accounting, finance, and data analytics skills to optimize margins and support strategic planning in a university-affiliated medical center environment.

Qualifications

• Bachelor's degree in Accountancy, Management Accounting, Finance, or related field; CPA not required.
• 3–5 years progressive experience in financial analysis, cost accounting, or business development.
• Prior healthcare sector experience is advantageous but not required.

Responsibilities

• Build comprehensive financial models (NPV, IRR, Payback) for project proposals.
• Conduct thorough cost-benefit analyses.
• Evaluate department margins to identify cost drivers and low-margin areas.
• Perform market research and benchmarking to evaluate pricing structures for services.
• Gather regulatory, accreditation, PhilHealth, facilities, equipment, personnel, training data, and costs for each project.
• Partner with project leads to set financial milestones and risk mitigation strategies.

Skills

Financial modeling

Cost accounting

Data analytics

Interpersonal skills

Education

Bachelor's degree in Accountancy/Management Accounting/Finance

Tools

ERP Systems

Job description

Job description:

Responsibilities:

• Build comprehensive financial models (NPV, IRR, Payback Period) for project proposals.
• Conduct thorough cost-benefit analyses.
• Evaluate margins across different departments to identify cost drivers and areas experiencing low margin.
• Perform market research and competitor benchmarking to evaluate pricing structures for new and existing services (see specific research tasks below)

Specific research tasks: the SD/CA will gather and organize the following pertinent data for each project:

• -regulatory framework from DOH
• - required accreditation, and from which govt agencies
• - case rates and subsidies from Philhealth
• - needed facilities (room, space requirements, etc
• - needed equipment
• - estimated census based on published prevalence data, research papers, etc.
• - materials and consumables, and costs of each
• - required personnel, training, certifications
• - market benchmarking in terms of pricing and service packages
• - other relevant info

• Partner with project leads to establish financial milestones and risk mitigation strategies for rollouts.

Qualifications:

• Degree: Bachelor's degree in Accountancy, Management Accounting, Finance, or a closely related field. CPA not required
• Experience Level: At least 3 to 5 vears of progressive experience in financial analysis cost accounting or business development.
• Prior experience working within the healthcare sector is a distinct advantage, but not required

- Technical Skills and Competencies:

• - Financial Modeling & Valuation:
• - Cost Accounting Methodologies:
• - Data Analytics & ERP Systems:

Strategic Planning:

• Soft Skills:Strong interpersonal skills to work effectively with clinical department heads, medical directors, and administrative leadership.