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WakeMed Health & Hospitals
Financial Specialist, Cost Reporting
Career Insights for Financial Operations Specialist
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Based on North Carolina data
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What they do
A Financial Operations Specialist specializes in foreseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.
$79,222 / year median in North Carolina
-2% projected decline
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 -