Job Description
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 diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
Optum is part of the family of companies that make UnitedHealth Group one of the leaders across most major segments of the US health care system.
When you work with Optum, what you do matters. It's that simple...and it's that challenging.
In providing consumer-oriented health benefit plans to millions of people; our goal is to create higher quality care, lower costs and greater access to health care Join us and you will be empowered to achieve new levels of excellence and make a profound and personal impact as you contribute to new innovations in a vital and complex system.
Positions in this function is maintain general ledger accounts and related activities for the production of financial statements and reports, prepare journal entries and review accounting classifications, in accordance with generally-accepted accounting principles and preparation of documentation in support of external and internal audits.
Primary Responsibilities:
• Perform P&L analysis of Monthly Capitation to Providers
• Conducting research on expenses, receivables and payables related to medical services
• Booking of close related journal entries based on monthly Capitation activity, provider incentive programs and claims pools
• Booking payment vouchers based upon the current month membership for each state/health care provider
• Analyzing trends of accruals vs the payments booked and work with business teams to true up the numbers wherever required
• Completing financial reporting, general ledgers and journal entries (mostly re-class JEs)
• Analyzing medical costs, balance sheet account and memberships trends
• Working with month-end close activities
• Account reconciliation and flux analysis
• Preparation of internal and external audit support documentation
• Engaging in various system projects
• 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
Required Qualifications:
• Bachelor or Masters in Accounting or equivalent courses
• General Accounting & Analysis experience
• End user experience in Access database
• Intermediate Proficiency in MS Excel, Access and MS Word
• Proven effective communication skills
• Proven eye for detail & quick learning abilities
• Proven ability to collaborate with peers to complete projects
Preferred Qualifications:
• Exposure to PeopleSoft, Oracle, Black line, Month end close knowledge
• End user knowledge on MS Access database and Advanced skills on MS Excel
• Health care experience
Passport & VISA:
NA
Work Hours:
3.30 PM to 01:00 AM India Standard Time (or) 4 AM to 1.30 PM Central Standard Time. Candidate should be flexible to work in US shift during peak period
Careers with Optum. Our objective is to make health care simpler and more effective for everyone. With our hands at work across all aspects of health, you can play a role in creating a healthier world, one insight, one connection and one person at a time. We bring together some of the greatest minds and ideas to take health care to its fullest potential, promoting health equity and accessibility. Work with diverse, engaged and high-performing teams to help solve important challenges.
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.
#njp
Optum is part of the family of companies that make UnitedHealth Group one of the leaders across most major segments of the US health care system.
When you work with Optum, what you do matters. It's that simple...and it's that challenging.
In providing consumer-oriented health benefit plans to millions of people; our goal is to create higher quality care, lower costs and greater access to health care Join us and you will be empowered to achieve new levels of excellence and make a profound and personal impact as you contribute to new innovations in a vital and complex system.
Positions in this function is maintain general ledger accounts and related activities for the production of financial statements and reports, prepare journal entries and review accounting classifications, in accordance with generally-accepted accounting principles and preparation of documentation in support of external and internal audits.
Primary Responsibilities:
• Perform P&L analysis of Monthly Capitation to Providers
• Conducting research on expenses, receivables and payables related to medical services
• Booking of close related journal entries based on monthly Capitation activity, provider incentive programs and claims pools
• Booking payment vouchers based upon the current month membership for each state/health care provider
• Analyzing trends of accruals vs the payments booked and work with business teams to true up the numbers wherever required
• Completing financial reporting, general ledgers and journal entries (mostly re-class JEs)
• Analyzing medical costs, balance sheet account and memberships trends
• Working with month-end close activities
• Account reconciliation and flux analysis
• Preparation of internal and external audit support documentation
• Engaging in various system projects
• 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
Required Qualifications:
• Bachelor or Masters in Accounting or equivalent courses
• General Accounting & Analysis experience
• End user experience in Access database
• Intermediate Proficiency in MS Excel, Access and MS Word
• Proven effective communication skills
• Proven eye for detail & quick learning abilities
• Proven ability to collaborate with peers to complete projects
Preferred Qualifications:
• Exposure to PeopleSoft, Oracle, Black line, Month end close knowledge
• End user knowledge on MS Access database and Advanced skills on MS Excel
• Health care experience
Passport & VISA:
NA
Work Hours:
3.30 PM to 01:00 AM India Standard Time (or) 4 AM to 1.30 PM Central Standard Time. Candidate should be flexible to work in US shift during peak period
Careers with Optum. Our objective is to make health care simpler and more effective for everyone. With our hands at work across all aspects of health, you can play a role in creating a healthier world, one insight, one connection and one person at a time. We bring together some of the greatest minds and ideas to take health care to its fullest potential, promoting health equity and accessibility. Work with diverse, engaged and high-performing teams to help solve important challenges.
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.
#njp
💡 Quick Summary
Seeking a career-building opportunity? The Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Hyderabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
