Associate Accountant

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 inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

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 regard 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 master's in accounting - B. Com/M. Com/MBA (Fin) or CA Inter
• 4+ years of General Accounting & Analysis experience
• Skills:
  • End user experience in Access database
  • Intermediate Proficiency in MS Excel, Access and MS Word
  • Proven effective communication skills
  • Eye for detail & quick learning abilities
  • Ability to collaborate with peers to complete projects

Preferred Qualifications:

• Health care accounting experience
• Exposure to PeopleSoft, Oracle, Blackline, Month end close knowledge
• End user knowledge on MS Access database and Advanced skills on MS Excel

Work Hours:

• 3.30 PM to 01:00 AM India Standard Time during non-month close
• 5.45 PM to 03:15 AM India Standard Time during month close

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.

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