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.
Positions in this function maintain general ledger accounts and related activities for the production of financial statements and reports. Performs account reconciliations and analyses, prepares journal entries and reviews accounting classifications, in accordance with generally-accepted accounting principles. Analyzes and prepares financial statements, including balance sheets and statements of financial position. Involved in the monthly/quarterly 'close' process. Prepares documentation in support of external and internal audits.
Primary Responsibilities
• Lead special projects and initiatives within the revenue team related to audits, systems implementations, process creation and improvements, revenue reconciliations, cash flows and report
• Manage and review the monthly financial reconciliations related to various revenue sources for assigned health plans
• Lead the process to resolve the exceptions coming out of membership and revenue reconciliations in partnership with the health plans
• Recommend accounting entries to the general ledger and set up of accruals/ reserves based on the monthly reconciliations
• Manage the monthly billing and accrual process for different revenue sources to ensure accurate financial results within established timeframes
• Research and evaluate trends and variances in health care revenues and receivables
• Assesses and interprets customer needs and requirements
• Identifies solutions to non-standard requests and problems
• Solves moderately complex problems and/or conducts moderately complex analyses
• Works with minimal guidance; seeks guidance on only the most complex tasks
• Translates concepts into practice
• Provides explanations and information to others on difficult issues
• Coaches, provides feedback, and guides others
• Acts as a resource for others with less experience
• 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
Role Decisions And Impact
• 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
• Prepare journal entries and reviews accounting classifications, in accordance with generally-accepted accounting principles
• Prepare documentation in Support of external and internal audits
• Perform ad hoc reporting and analysis and investigate issues providing explanations and interpretation
• Analyze and Prepare financial statements, including Balance sheets and statements of financial position.
• Assist with or Lead the month end quarterly end close process for assigned businesses or groups
• Performs work in a self-directed manner and works with less structured, more complex issues
• Leverage technology to add controls and eliminate risk from financial processes
• Prepare reports and analyses as required in Support of the monthly financial closing process and ongoing financial activities
• Develop policies and procedures for the revenue team, in consultation with the management
• Participate and help in the standardization of revenue analysis and accounting processes across the organization
• Prepare analyses required to Support timely collection of accounts receivable
• Provide internal service and Support to project managers and field finance leads on various revenue related financial issues
Required Qualifications
• Bachelor's degree in Accounting or Post graduation in accounting / Finance or its equivalent
• Healthcare experience in Finance and Accounting
• Work experience on GL
• Work experience on SAS tool
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
Positions in this function maintain general ledger accounts and related activities for the production of financial statements and reports. Performs account reconciliations and analyses, prepares journal entries and reviews accounting classifications, in accordance with generally-accepted accounting principles. Analyzes and prepares financial statements, including balance sheets and statements of financial position. Involved in the monthly/quarterly 'close' process. Prepares documentation in support of external and internal audits.
Primary Responsibilities
• Lead special projects and initiatives within the revenue team related to audits, systems implementations, process creation and improvements, revenue reconciliations, cash flows and report
• Manage and review the monthly financial reconciliations related to various revenue sources for assigned health plans
• Lead the process to resolve the exceptions coming out of membership and revenue reconciliations in partnership with the health plans
• Recommend accounting entries to the general ledger and set up of accruals/ reserves based on the monthly reconciliations
• Manage the monthly billing and accrual process for different revenue sources to ensure accurate financial results within established timeframes
• Research and evaluate trends and variances in health care revenues and receivables
• Assesses and interprets customer needs and requirements
• Identifies solutions to non-standard requests and problems
• Solves moderately complex problems and/or conducts moderately complex analyses
• Works with minimal guidance; seeks guidance on only the most complex tasks
• Translates concepts into practice
• Provides explanations and information to others on difficult issues
• Coaches, provides feedback, and guides others
• Acts as a resource for others with less experience
• 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
Role Decisions And Impact
• 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
• Prepare journal entries and reviews accounting classifications, in accordance with generally-accepted accounting principles
• Prepare documentation in Support of external and internal audits
• Perform ad hoc reporting and analysis and investigate issues providing explanations and interpretation
• Analyze and Prepare financial statements, including Balance sheets and statements of financial position.
• Assist with or Lead the month end quarterly end close process for assigned businesses or groups
• Performs work in a self-directed manner and works with less structured, more complex issues
• Leverage technology to add controls and eliminate risk from financial processes
• Prepare reports and analyses as required in Support of the monthly financial closing process and ongoing financial activities
• Develop policies and procedures for the revenue team, in consultation with the management
• Participate and help in the standardization of revenue analysis and accounting processes across the organization
• Prepare analyses required to Support timely collection of accounts receivable
• Provide internal service and Support to project managers and field finance leads on various revenue related financial issues
Required Qualifications
• Bachelor's degree in Accounting or Post graduation in accounting / Finance or its equivalent
• Healthcare experience in Finance and Accounting
• Work experience on GL
• Work experience on SAS tool
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.