Discipline - Finance

Industry - Accounting

Job Description :

- If you want to achieve more in your mission of health care, you have to be really smart about the business of health care. Financial discipline and accountability count more today than ever. Which is why your performance and innovation will find a reception here like nowhere else as you help people live healthier lives while doing your life's best work.(sm)

Responsibilities in this role include :

- 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.

- Serve as a resource to others.

Responsibilities :

- Frequency Timelines Remarks Rate Loading / Approval Process Support Annual July - Feb Supply data management support, reconciliations, and aid in other data validation processes

- Mapping rate to legal entity (BU-OU-Product-Location Code) triggers creation of unique rate identifier (MT ID)

- Annual July - Feb creating 'BU-OU-Product-Location Code' to ensure appropriate inter segment accounting through IIPAS MTID updates

- Monthly last week of month Due to contract changes, new sales, or other business events rates need to be actively managed/maintained on a monthly basis

- MTID Validation of rates to membership Monthly 2nd week - last week of the month

- Ensure that membership is appropriately aligned to rates AD Hoc Reporting

- Understanding various IIPAS accounting reports to be able to comment on revenue and expense related questions

- Monthly Typically during the close but may flow in across the month- Queries raised by UHC leadership or Optum segment owners questions like reason for changes in the BU's revenue or expense, product membership, or product revenue

- Other Traits Business Analyst role with accounting experience and experience in bulk data processing/reconciliation/reporting from various sources and database platforms so good understanding of various database or data warehouse would help.

- In Summary this position would need accounting, analysis and data churn exp. In nutshell this is like preparing JE through a IIPAS system.

- Assist with or lead the month end quarterly end close process for assigned businesses or groups Analyzes and investigates financial information.

- Provide explanations and interpretations within area of expertise.

Requirements :

- Bachelor's Degree in Accounting 7 Years of relevant experience (out of which 3-4 years of relevant accounting experience)

- Proficiency in MS Excel & MS Access knowledge Essbase reporting knowledge

- Should have dealt with various database

Assets :

- Communicates in an effective manner Collaborates with peers to complete projects Demonstrates the drive and motivation to deliver high quality results based on thorough analysis

- Possesses sound business knowledge and strong decision making skills.

Intermediate proficiency with MS PowerPoint Health care experience a plus

Work Hours : Steady State Operating hours - 2.30 PM to 12 AM India Time (CST 3 AM to 12.30 PM with day light & 4 AM to 1.30 PM w/o day light)During Month end/Quarter end/Year end map US hours (5.30 AM CST to 3 PM CST); Also map US hours during Transition (4 months)

No. of Openings : 1

Qualification :

- Bachelors Degree in Accounting, Finance or equivalent

- 4+ years of professional accounting experience.

- Solid understanding of generally accepted accounting principles and financial statements

- 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.

- Intermediate level of proficiency with MS Word, Excel and PowerPoint Technology Careers with Optum. Information and technology have amazing power to transform the health care industry and improve people's lives.

This is where it's happening. This is where you'll help solve the problems that have never been solved.

We're freeing information so it can be used safely and securely wherever it's needed. We're creating the very best ideas that can most easily be put into action to help our clients improve the quality of care and lower costs for millions.

This is where the best and the brightest work together to make positive change a reality. This is the place to do your life's best work.SM

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