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Cost Allocation & Reporting Accountant

Role overview

Qualifications

  • Strong analytical skills
  • Experience in financial reporting and budgeting
  • Knowledge of cost allocation methodologies
  • Ability to work collaboratively across departments

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 accuracy and consistency
  • Partner with Finance, Operations, and business leaders to determine allocation approaches

Key facts

Hard skills

Other skills

  • Budgeting
  • Forecasting
  • Teamwork
  • Decision Making
  • Communication

About the company

Allergy Partners logo

Allergy Partners

Medical Practices & Clinics

Allergy Partners is the nation’s largest single-specialty practice in allergy, asthma and immunology. Our network of over 130 providers spans over twenty three states and encompasses over 130 total locations of service. Allergy Partners specializes in the diagnosis and treatment of asthma, allergic disease, food allergies, drug allergies, recurrent infections, repeated sinusitis, COPD, eczema, bee testing, immune deficiencies, and more. Allergy Partners physicians are trained in the diagnosis, treatment, and management of asthma and allergic diseases. We will obtain a detailed history, perform a physical exam, and determine the best personalized and comprehensive treatment plan for our patients. As the leaders in allergy and asthma care, our physicians provide patients with the highest quality, evidence based, and cost effective allergy and asthma care possible.

Company details

IndustryMedical Practices & Clinics
Company size1001 - 5000

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Job description

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.

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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