Cost Allocation & Reporting Accountant

Posted 14 Days Ago
Hiring Remotely in 28803, Asheville, NC, USA
In-Office or Remote
74K-97K Annually
Mid level
Healthtech
The Role
Responsible for maintaining cost allocation methodologies, recording allocation journal entries, analyzing financial results and variances, and supporting inventory costing, budgeting, forecasting, reporting, month-end close, reconciliations, audits, and process improvements across a multi-entity healthcare organization.
Summary Generated by Built In

Job Title: Cost Allocation & Reporting Accountant

Reports To: Assistant Controller

Join a team that cares for your community – and for you!

At Allergy Partners, we are dedicated to improving the lives of our patients through compassionate, personalized allergy and asthma care. As part of the nation’s largest allergy practice, our team combines the resources of a trusted network with the close-knit feel of a local office. We take pride in serving our community, building lasting relationships with patients and families, and being a trusted partner in their long-term health.

Within our practice, we foster a supportive and collaborative work environment where every team member plays a vital role in creating excellent patient experiences. Joining our team means being part of a workplace that values professional growth, teamwork, and a true commitment to making a difference both inside and outside the clinic.

As a member of the support center, this position helps strengthen Allergy Partners’ nationwide network by providing essential financial insight and support. The Financial Analyst I plays a key role in ensuring our practices have the tools and resources needed to operate efficiently and deliver exceptional patient care.

Employee Benefits

Allergy Partners is happy to provide the following benefits for our employees:

Full-Time

  • 401(k)
  • Health Insurance
  • Paid Time Off
  • Paid Holidays
  • Vision Insurance
  • Health Savings Account (HSA)
  • Dental Insurance
  • Life Insurance
  • Disability Insurance

COMPENSATION INFORMATION

Actual compensation may vary depending on job-related knowledge, skills, and experience.

Job Summary

The Cost Allocation & Reporting Accountant is responsible for developing, maintaining, and analyzing cost allocation methodologies across hubs, departments, practices, and the MSO. This role will ensure shared costs are allocated consistently and meaningfully to support accurate financial reporting, budgeting, forecasting, and management decision-making. The position will also support inventory and other operational cost analysis and partner closely with Finance and Operations to improve visibility into business performance.

Key Responsibilities

  • Maintain and update cost allocation methodologies across hubs, departments, practices, and the MSO.
  • Prepare, review, and record monthly cost allocations and related journal entries.
  • Evaluate allocation drivers and methodologies to ensure they remain accurate, consistent, and meaningful as the organization changes.
  • Partner with Finance, Operations, and other business leaders to understand shared costs and determine appropriate allocation approaches.
  • Analyze hub, department, practice, MSO, and consolidated financial results, including significant variances and trends.
  • Support inventory accounting and operational cost analysis, including usage, purchasing, and cost trends, as needed.
  • Assist with budgeting and forecasting, including development and review of allocation assumptions and cost drivers.
  • Prepare recurring management reporting and financial analysis to support decision-making.
  • Support month-end close activities, account reconciliations, audit requests, and other accounting projects as needed.
  • Identify opportunities to improve allocation processes, reporting, documentation, and internal controls.
  • Performs other duties as assigned by supervisor.

Other Responsibilities

  • Completes all assigned AP training (such as CPR, OSHA, HIPAA, Compliance, Information Security, others) within designated timeframes.
  • Complies with Allergy Partners and respective hub/department policies and reports incidents of policy violations to a Supervisor/Manager/Director, Department of Compliance & Privacy or via the AP EthicsPoint hotline.
  • Models the AP Code of Conduct and demonstrates a commitment to the AP Compliance Program, standards and policies.
  • Maintain compliance with all policies and procedures, actively participate in enforcement of all ongoing Cybersecurity efforts to ensure safe and secure IT systems for all employees and clients at Allergy Partners. Remain vigilant and aware of new threats and assist the company by fulfilling an active role in observing, enforcement and reporting of cybersecurity incidents, efforts, programs and fulfill required training on a timely basis as required by frequency and due dates.
Qualifications

Qualifications & Experience

  • 3–5 years of accounting, financial analysis, cost accounting, or related experience.
  • Strong understanding of general ledger accounting, cost allocation concepts, and financial statement analysis.
  • Experience with multi-entity, multi-department, or decentralized organizations preferred.
  • Strong Excel and analytical skills, including the ability to work with large data sets and investigate variances.
  • Experience with ERP and financial reporting systems; NetSuite experience preferred.
  • Strong communication and organizational skills with the ability to work cross-functionally.
  • Ability to manage recurring deadlines while also supporting ad hoc analysis and process improvement initiatives.

Educational Requirements

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

Supervisory Responsibilities

This position has no supervisory responsibilities.

Physical Demands

  • No or very limited exposure to physical risk.
  • Work is normally performed in a typical interior/office work environment.

Beware of Hiring Scams: Allergy Partners will never ask for payment or sensitive personal information such as social security numbers during the hiring process. All official communication will come from a verified company email address. If you receive suspicious requests or communications, please report them to [email protected]. All of our legitimate openings can be found on the Allergy Partners Career Site (https://www.allergypartners.com/careers/).

Skills Required

  • 3-5 years of accounting, financial analysis, cost accounting, or related experience
  • Strong understanding of general ledger accounting, cost allocation concepts, and financial statement analysis
  • Strong Excel and analytical skills, including ability to work with large data sets and investigate variances
  • Experience with ERP and financial reporting systems
  • Bachelor’s degree in Accounting, Finance, or a related field
  • Experience with multi-entity, multi-department, or decentralized organizations
  • NetSuite experience
  • Strong communication and organizational skills with ability to work cross-functionally
  • Ability to manage recurring deadlines while supporting ad hoc analysis and process improvement initiatives
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The Company
1,250 Employees
Year Founded: 1977

What We Do

Allergy Partners is a nationwide specialty healthcare network focused on allergy, asthma, and immunology care. It operates a large group of allergy and asthma practices, connecting local allergists and immunologists with national clinical support. The organization provides diagnosis, treatment, and ongoing management for allergic diseases and asthma, aiming to expand access to high-quality, patient-centered care in communities across the United States.

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