Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
What's the secret to strengthening and growing a better health care system? Sitting at the table with the right players. As an Accountant with Optum, part of the UnitedHealth Group family of businesses, you'll be responsible for making order out of the complex workings of a global leader. Financial discipline and accountability count more today than ever. This is why your performance, and innovation will find a reception here like nowhere else.
This position supports Optum Technology Accounting team and would require the candidate to consolidate, analyze and ensure key finance and non-finance data originating from multiple source platforms/teams is captured accurately and consistently and thereby ensuring data integrity. Works closely with the business to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies. This role also requires the candidate to support efforts towards streamlining the input data and thereby contributes to improving accuracy.
Primary Responsibilities:
- Own primary responsibility for the accuracy and completeness of deliverables assigned
- The prime focus of this role is to collaborate with our internal business partners on Infrastructure Chargebacks and perform general accounting on timely manner
- Perform ad hoc reporting and analysis and investigate issues along with well documented commentary and action plan
- Prepare and analyze general ledger account reconciliations. Resolve reconciling items in a timely manner
- Maintain general ledger accounts and related activities for the production of financial statements and reports
- Reconcile, analyze and review general ledger accounts in preparation for month end close cycles
- Prepare journal entries and review accounting classifications, in accordance with generally accepted accounting principles
- Assist with or lead the month-end and quarter-end close process
- Prepares monthly balance sheet reconciliations (Blackline) and identifies and researches reconciling items
- Own primary responsibility for the fulfillment of audit (internal and external) requests, as needed
- Support the organization's sound internal control structure around U.S. GAAP, Sarbanes-Oxley and Model Audit Rule compliance (as applicable)
- Liaise with core business partners within the organization, including but not limited to Regulatory Reporting, FP&A, Legal, Compliance
- Collaborate with management with the identification and documentation of financial risks and opportunities impacting assigned accounting responsibilities
- Work toward being subject matter experts on various Optum Technology contract provisions
- Collaborate with management to adapt to and manage through contract amendments / renewals and the resulting accounting impacts
- Perform work in both team-oriented and self-directed work environments and demonstrate ability to work with less structured, more complex issues
- Collaborate with team members on special projects, as needed
- Comes with good experience working with reporting tools like Hyperion and PeopleSoft General ledger
- Comply with the terms and conditions of the employment contract, company policies and procedures, and any and all directives (such as, but not limited to, transfer and/or re-assignment to different work locations, change in teams and/or work shifts, policies in regards to flexibility of work benefits and/or work environment, alternative work arrangements, and other decisions that may arise due to the changing business environment). The Company may adopt, vary or rescind these policies and directives in its absolute discretion and without any limitation (implied or otherwise) on its ability to do so
Stakeholders for the role
- Accounting Managers & Directors
Role Decisions & Impact
- Delay in financial reporting, impacting financial analytics and decision making
- Impact on data analytics determining trends and metrics
- Impact on corporate deliverables
Required Qualifications:
- B.Com/M.Com, MBA Finance, CA Inter, 5+ years of equivalent experience - CA's (4+ years post qualification)
- 5+ years of professional accounting experience
- Good understanding of U.S. GAAP
- Advance proficiency utilizing Microsoft Office Suite applications (Advanced Excel, Word, PowerPoint)
Preferred Qualifications:
- Finance experience in any insurance industry (health insurance industry)
- Experience working with general ledger / sub-ledger accounting applications
- Advanced/Intermediate level of proficiency in MS Office tools, DB Tools (MS Access etc.), Power BI, SQL
- Proven analytical skills and an eye for detail, Hands on exposure to variance analysis & commentary writing
- Proven excellent Written and verbal communication skills
- Proven ability to handle multiple tasks
Work Hours:
- Regular shift hours : 3.30 pm to 1:00 am IST
- Month end/quarter/year end: Shadow US work hours ( 5:45 pm to 3.15 am IST)
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.
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