Senior Accountant - SAS & R2R

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.

UnitedHealthcare is part of the family of companies that make UnitedHealth Group one of the leaders across most major segments of the US health care system.

When you work with UnitedHealthcare, what you do matters. It's that simple…and it's that challenging.

In providing consumer-oriented health benefit plans to millions of people, our goal is to create higher quality care, lower costs and greater access to health care. Join us and you will be powered to achieve new levels of excellence and make a profound and personal impact as you contribute to new innovations in a vital and complex system.

UHC Intersegment Accounting encompasses recording and analysis of transactions between segments of UHC and Optum and within segments of UHC

This position has techno functional role. Position required Intermediate SAS knowledge with finance & accounting experience. In this position, he/she should take ownership of analyzing current and past trends of Membership data sets and monitor performance indicators, highlighting trending and analyzing causes of variances with detailed explanation. Demonstrate understanding of GAAP / SAP, internal accounting policies, how they are applied in specific business. Performs account reconciliation and analyses, prepares journal entries and reviews accounting classifications, in accordance with generally accepted accounting principles. Gather and analyze information used to generate journal entries and reporting. Involved in the monthly/quarterly/annual 'close' process. Prepares documentation in support of external and internal audits.

Primary Responsibilities:

• Validate the huge data sets and analyze membership reporting
• Create and submit internal analysis and reporting to management
• Supports / maintain underlying GL Structure and provides recommendations on potential changes that may impact financial accounting & reporting
• Manage data dimensions, elements and structures to drive effective and efficient business and accounting processes.
• Perform Month-on-Month trending and Variance analysis with detailed commentary on the breached line items (Actual Vs Forecast)
• Prepare supporting documentation and evidence for internal and external auditors
• Prepare and review documentation of business processes in consultation with the Management
• To be involved month end close reporting
• Perform ad hoc membership variance analysis reporting and investigate issues and provide explanations
• Prepare month-end close journal entries and Intersegment journals in accordance with Internal service agreements
• Assist with month end and quarterly end close processes for assigned businesses or entities
• Prepare documentation in support of external and internal audits and regulatory reporting requirements
• Analyzes and investigates financial information
• Provides explanations and interpretations within area of expertise
• Review & analyze the Intersegment Service Agreement (ISA) & raise the questions in case of any discrepancy
• Prepare the various input files to create the rate records
• Approve & map the Rate records in the Intersegment Intercompany Pricing & Accounting System (IIPAS PS) as per the ISA
• Maintain the IIPAS PS tables & update with accurate data
• Solid analytical skill and variance analysis to find out the difference between ISA & IIPAS PS
• Good in communication & MS excel to handle large amount of data
• 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

Required Qualifications:

• Bachelor's degree in accounting or MBA finance
• Any Certification in SAS
• 8+ years of experience in finance and accounting, of which a 3+ years of working experience on SAS tool
• Good accounting and analytical experience
• Advanced proficiency in MS Excel
• Intermediate proficiency in MS Word, Access, PowerPoint, Essbase and Outlook
• Intermediate Knowledge of SAS tools. Building the queries in SAS, Identifying the errors, modification of SAS codes, etc.
• Knowledge of SAS macros & SQL
• Knowledge on Essbase, smart view to pull the data & analyze the data
• Demonstrate understanding of GAAP / SAP, internal accounting policies, how they are applied in specific business
• Demonstrate basic understanding of Intercompany relationships and organizational structures needed to record intercompany transactions and allocations
• Demonstrates the drive and motivation to deliver high quality results based on thorough analysis

Preferred Qualification:

• Insurance industry experience
• Accounting and Finance systems experience - PeopleSoft, SmartView / Essbase
• Possesses sound business knowledge and solid decision-making skills
• Proven to communicate in an effective manner both verbally and written
• Proven good documentation skills - account recs, Policies & Procedures, etc.
• Proven to collaborate with peers to complete work, problem solve and complete assigned projects
• Proven to adapt to change and is driven to improve processes
• Proven solid technical accounting skills
• Proven self-motivated to follow up on issues and pay attention to details

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.