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Accounting Manager

2 months ago

Eden Prairie, United States Optum Full time

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.

The ideal candidate will participate in the ongoing creation and maintenance of the general ledger and related activities to enable the production of financial statements and reports for internal and external reporting purposes, all in accordance with Generally Accepted Accounting Principles.

This role does NOT have direct reports. This is an individual contributor role.

The work performed by this role will support three core areas:

Primary Responsibilities:

Technical Accounting Policy

Provide guidance and support to businesses assessing existing policy positions

Develop accounting positions for various topics and markets within Care Delivery businesses as needed

Coordinate with market controllers to align accounting policy across all markets

Seek opportunities to educate business partners on accounting policies and processes

Support the businesses with ongoing Revenue Recognition accounting and checklists

Internal Controls

Performance and review of Internal Controls testing of CDO performed controls (SOX Readiness)

Performance and review of month-end and quarterly analytical controls

Provide guidance and support to businesses completing required SOX checklists

Own and manage controls related to the UHC/OptumHealth Partnership for CRBE Reporting and Data Sharing with UHC for Regulatory MLR filings.

Performance of Intersegment Controls

Coordination of Quarterly OptumCare Attestations

External Audit

Interfacing with our external auditors to provide supporting documentation at interim and year-end periods.

Prepare documentation in support of external and internal audits

Own the supplementary audit process for TPA Licensed Entities with external auditors

Other responsibilities

Demonstrate an understanding of GAAP, accounting rules and internal accounting procedures while ensuring compliance with internal controls and policies

Exhibit understanding of intercompany relationships and organizational structures (e.g. segments, legal entities) needed to record inter/intra company transactions and allocations

Provide support for month-end tasks within the National Accounting Team and OptumCare markets.

Record and analyze financial transactions

Prepare accurate calculations and schedules to support the monthly and/or quarterly close process

Exhibit skills and desire to implement process improvement as needed

Exhibit ability to identify unusual transactions and escalate as appropriate

Create, document, review and approve journal entries

Maintain, analyze and reconcile assigned general ledger accounts and related activities; perform monthly account reconciliations in accordance with Company policy

Demonstrate understanding of data dimensions, elements, structures and related business rules (e.g. GL string components)

Actively participate in the financial close process and apply GAAP standards to accounting/financial reporting

Demonstrate understanding of relationship among accounts and document unusual activity

Perform ad hoc reporting and analysis and investigate issues providing explanations and interpretation

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in. Required Qualifications:

5+ years of professional accounting experience

Solid understanding of Generally Accepted Accounting Principles and financial statements

Intermediate level proficiency - with MS Word, Excel, and PowerPoint

Preferred qualifications:

CPA license

Healthcare industry experience

Experience with Peoplesoft General Ledger/Essbase or similar general ledger/reporting tools

Prior internal or external audit experience

Experience assessing controls, making recommendations for improvement

Experience performing, testing, and auditing controls

Experience providing guidance and support to businesses completing required SOX checklists

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy

California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, Washington, Washington, D.C. Residents Only:

The salary range for this role is $104,700 to $190,400 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.

Application Deadline:

This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

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.

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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