Opportunity is here


Manager Cost Accounting

Cambria Health, Inc.

Cambria Health, Inc.

Accounting & Finance
Portland, OR, USA · Portland, OR, USA · Salt Lake City, UT, USA · Salt Lake City, UT, USA · Medford, OR, USA · Medford, OR, USA · Coeur d'Alene, ID, USA · Coeur d'Alene, ID, USA · Lewiston, ID, USA · Lewiston, NY, USA · Boise, ID, USA · Boise, ID, USA · Burlington, WA, USA · Burlington, MA, USA · Bend, OR, USA · Salem, OR, USA · Utah, USA · Yakima, WA, USA · Yakima, WA, USA · Seattle, WA, USA · Seattle, WA, USA · Tacoma, WA, USA · Tacoma, WA, USA · Oregon, USA · Spokane, WA, USA · Spokane, WA, USA · Idaho Falls, ID, USA · Pocatello, ID, USA · Remote
Posted on Saturday, June 10, 2023

Cost Accounting Manager

Work Remotely from Oregon, Washington, Idaho or Utah

Primary Job Purpose

Lead the operation, direction, design and interpretation of complex cost allocation methodologies for Cambia and its affiliated companies. Provide analytical support related to product pricing, forecasting and operating cost efficiencies to key internal LOB customers. Maximize efficient and effective uses of cost allocation resources. Lead efficient system and organizational design and adapt system and operations to accommodate rapidly changing environments. Ensure compliance with applicable federal, state and BlueCross BlueShield Association (BCBSA) regulatory requirements.

General Functions and Outcomes

  • Leads the creation, analysis and reporting of financial data necessary for effective and efficient pricing and monitoring of major lines of business and products. Provide analysis of allocation results that business partners are able to interpret and use for key operating decisions and business unit performance evaluation.

  • Provides input into the development and revision of department Cost allocation policies, procedures and systems to ensure that all financial and accounting practices are complimentary to and in compliance with all applicable corporate and regulatory policies and procedures.

  • Directs the timely and accurate preparation of regulatory reports, analysis, forecasts and operating plans. Provides staff training and maximizes efficient and effective uses of cost allocation resources. Directs the preparation of and review of statistical drivers, periodic journal entries, departmental reviews and setup.

  • Provides a critical review of operating expense allocations, reports, analysis and projections to ensure a “no-surprise” environment.

  • Works directly with outside auditors and consultants, regulators and customers on an assortment of financial, reimbursement, and accounting issues.

  • Motivates staff to perform duties; provides both formal and informal training that promotes staff development.

  • Accountable for instilling the process improvement mindset into day to day activities within larger team.

  • Accountable for leading and working within the cost organization to identify and analyze current organizational processes and provide recommendations to management for process improvement based upon statistical data and order of magnitude to both department and organization.

  • Drives change activities through the entire department that improves Cost Accounting’s ability to meet the current and future demands of our customers, including but not limited to; shorter turn time on month-end close/budget/forecast, enhanced/simplified business reporting, bench marking with other health plans, etc.

  • Leads, plans, supports and coordinates the work efforts to develop and implement periodic conversions and/or consolidations of financial systems and applications, including any redesign of process methodologies and interfaces with ancillary systems.

  • Is clearly viewed by our customers as a subject matter expert in all areas of Cost Allocations and proactively consults with both internal and external customers and other areas of the company in resolving issues, in process improvement activities and in educating on cost allocation policies and methodology.

Minimum Requirements

  • Demonstrated knowledge and application of Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), and Federal Employee Health Benefit Acquisition Regulations (FEHBAR).

  • Proven leadership skills and abilities as demonstrated by progressively increasing management experience and responsibilities.

  • Ability to think analytically, apply analytical techniques and to provide in-depth analysis and recommendations using critical thinking and sound judgement.

  • Above average ability working with complex PC and mainframe software and systems.

  • Demonstrated ability to work with all levels of the staff and management both as a self-starter and in a team environment. Ability to plan, organize and lead the work of others, while developing department goals and objectives consistent with corporate vision and strategies.

  • Demonstrated ability to manage, lead and develop teams of analysts or SMEs with varying levels of expertise and experience.

  • Demonstrated analytical skills, ability to analyze complex situations, learn quickly and synthesize corresponding solutions, options and action plans.

  • Ability to be persistent, disciplined, objective and independent, results-driven, willing to discuss issues openly and professionally, and have strong communication skills.

  • Ability to think strategically and understand position of cost allocations and potential alternatives in select strategic scenarios, with demonstrated ability in prior experiences.

  • Proven track record of conducting complex analysis, creating and articulating technical business cases, including budgetary impacts and short and long term business impacts.

  • Proven ability to identify, diagnose, influence, and implement process improvement ideas that improve effectiveness and preserve our ability to meet the needs of customers.

Normally to be proficient in the competencies listed above

Manager Cost Accounting would have a Bachelor’s degree in accounting or related field and 8+ years of experience in Cost Accounting in health care insurance, or equivalent combination of education and experience.

Required Licenses, Certifications, Registration, Etc.

CPA Preferred

Work Environment

  • No unusual working conditions.
  • Travel may be required, locally or out of state.
  • May be required to work outside normal hours

The expected hiring range for a Cost Accounting Manager is $107,000.00 - $145,000.00 depending on skills, experience, education, and training; relevant licensure / certifications; performance history; and work location. The bonus target for this position is 15%. The current full salary range for this role is $100,500.00 to $164,000.00.


Base pay is just part of the compensation package at Cambia that is supplemented with an exceptional 401(k) match, bonus opportunity and other benefits. In keeping with our Cause and vision, we offer comprehensive well-being programs and benefits, which we periodically update to stay current. Some highlights:

  • medical, dental, and vision coverage for employees and their eligible family members

  • annual employer contribution to a health savings account ($1,200 or $2,500 depending on medical coverage, prorated based on hire date)

  • paid time off varying by role and tenure in addition to 10 company holidays

  • up to a 6% company match on employee 401k contributions, with a potential discretionary contribution based on company performance (no vesting period)

  • up to 12 weeks of paid parental time off (eligible day one of employment if within first 12 months following birth or adoption)

  • one-time furniture and equipment allowance for employees working from home

  • up to $225 in Amazon gift cards for participating in various well-being activities. for a complete list see our External Total Rewards page.

We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.