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01/06 Optum Careers
Careers at Optum, a UnitedHealth Group Company

Views:6819 Applications:65 Rec. Actions:Recruiter Actions:0

Deputy Manager - Accounting (5-8 yrs)

Hyderabad Job Code: 457346

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.Details of

Responsibilities / Purpose of Job : Own primary oversight of one or more state Medicaid health plan core financial statements, including Balance Sheet and Income Statement

- Own primary responsibility for the accuracy and completeness of health plan financial statements

- Maintain general ledger accounts and related activities for the production of health plan 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 for assigned health plan(s)

- Perform both routine and ad hoc reporting and analysis for assigned health plan results, taking lead on the investigation, resolution, and interpretation of issues to management

- 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 for assigned health plans, including but not limited to Regulatory Reporting, Health Plan Finance, FP&A, Actuarial, Legal, Compliance

- Collaborate with management with the identification and documentation of financial risks and opportunities impacting assigned health plan(s)

- Work toward being subject matter experts on various Medicaid contract provisions for assigned health plan(s), including risk share arrangements and performance guarantees, where applicable

- Adapt to and manage through financial impacts of the Affordable Care Act (health care reform) to assigned health plan(s)

- Collaborate with management to adapt to and manage through contract amendments / renewals and the resulting accounting impacts- Perform work in a both team-oriented and self-directed work environments and demonstrate ability to work with less structured, more complex issues

- Serve as a resource to others within the Controllership, including onshore staff based in US- Collaborate with team members on special projects, as needed

Required skills :

- CA's and MBA Finance (preferred)/Finance or equivalent experience (5-6 years).

- 5+ years of professional accounting experience- Solid understanding and practical application of U.S. GAAP

- Intermediate proficiency utilizing Microsoft Office Suite applications (Excel, Word, Powerpoint)

- Past experience working with general ledger / sub-ledger accounting applications

- Strong analytical skills and an eye for detail- Strong written and verbal communication skills

No. of Openings - 0

Qualification :

- Bachelors Degree in Accounting, Finance or equivalent -2+ 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 PowerPointTechnology 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

Diversity creates a healthier atmosphere :

UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.


UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

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This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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