Financial Specialist, Cost Reporting

WakeMed; Raleigh (NC); On-site; USD 80,000 - 120,000; Full time

Job summary

WakeMed seeks a Lead Cost Report professional in Raleigh, NC to drive Medicare/Medicaid cost reporting and reserve estimation for third‑party audits. You will collaborate with the Reimbursement Manager to ensure timely submissions, audits, and comprehensive data requests from vendors.

The role requires a Bachelor’s degree in Accounting or Business Administration and at least 5 years in accounting/finance with reimbursement experience.

Qualifications

• Bachelor's Degree Accounting Required - Or Bachelor's Degree Business Administration Required
• 5 Years Accounting/Finance - Reimbursement Required

Responsibilities

• Lead the annual Medicare/Medicaid Cost Reports preparation.
• Provide monthly/quarterly estimates of third‑party cost report reserves and coordinate with the Reimbursement Manager.
• Support audits (cost report, wage index, occupational mix) and data collections for outside vendors.
• Review and submit the annual uncompensated care survey to the state of North Carolina.

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Business Administration

Job description

Overview

Serves as the Lead Cost Report position in preparing the annual Medicare/ Medicaid Cost Reports and providing periodic (monthly/quarterly) estimates of third-party cost report reserves. Works closely with the Reimbursement Manager to ensure the timeliness of cost report submission, intermediary audits, including cost report audits, wage index audits, and occupational mix audits, and data collections as required by outside vendors. The Financial Specialist is also involved in the review and submission of the annual uncompensated care survey to the state of North Carolina.

Department Description

Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.

EOE

Licensure

Not Applicable

Education

Bachelor's Degree Accounting Required - Or Bachelor's Degree Business Administration Required

Experience

5 Years Accounting/Finance - Reimbursement Required