Manager - Accounts

Optum; Hyderabad; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Comprehensive benefits

Career development opportunities

Job summary

A global health organization is seeking a Manager - Accounts to oversee financial data operations in Hyderabad. This role requires 8+ years in accounting, with skills in financial analysis and team management. Responsibilities include managing month-end operations, performing variance analyses, and ensuring compliance with audit support documentation. A Bachelor's or Master's in Accounting is needed, along with proficiency in financial systems like SAS and MS Excel. Join us to make an impact in healthcare.

Qualifications

• 8+ years of General Accounting & Analysis experience.
• Ability to analyze financial results and trends.
• Experience in performing variance analysis.

Responsibilities

• Oversee day-to-day operations and month close activities.
• Manage team performance and provide coaching.
• Perform variance analysis and root cause analyses.

Skills

End user experience in Access database

Intermediate Proficiency in MS Excel

Intermediate Proficiency in SAS

Effective communication skills

Attention to detail

Quick learning abilities

Collaborates with peers

Education

Bachelor or Masters in Accounting or equivalent

Tools

MS Excel

Access database

SAS

Job description

Join to apply for the Manager - Accounts role at Optum

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.

The role is to oversee and manage day-to-day operations and month close activities for Financial Data Management (FDM) and Accounting Support & Production Operation (ASPO) teams. The role requires sound knowledge of financial data integration to GL and non-GL sources. It includes technical knowledge to learn and implement basic query writing in SAS in a SQL environment. This role is accountable for variances analysis between upstream data sources with general ledger and provide root cause analysis for impacted P&L accounts for UHC legal entities and claim accounting applications. It extends to SOX audit supports for financial data integration from upstream interfaces to General Ledger. The role involves monthly accounting and balance sheet account reconciliation for claim clearing accounts, and to identify/drive projects and independently handle assigned projects.

Responsibilities

• Oversee the day-to-day operations and month close activities for FDM ASPO processes
• Team management responsibilities & performance management
• Oversees/coaches/trains team in how to analyze financial results, trends, performance metrics, variances, and root cause analyses
• Identifies/researches variances and provides appropriate explanations
• Demonstrates solid knowledge of GL and sub-GL data sources, and how the information is recorded (e.g., chart of accounts, revenues, expenses, claim costs)
• Demonstrates basic understanding of how to retrieve data from company-specific financial systems and use reporting tools (e.g., Smart-view, SAS)
• Should be able to learn and implement basic query writing in SAS & SQL environment
• Blackline account reconciliation and flux analysis
• Preparation of internal and external audit support documentation
• Demonstrates basic understanding of various data models and platforms
• Engaging in various claims/sub ledger system projects
• Solid analytics skill and variance analysis on root cause of the discrepancy between Subledger & PSGL
• Demonstrates basic understanding of where and how to obtain needed information
• Comply with the terms and conditions of the employment contract, company policies and procedures, and any directives (such as transfers to different locations, changes in teams or shifts, and other decisions due to changing business environment)

Required Qualifications

• Bachelor or Masters in Accounting or equivalent
• 8+ years of General Accounting & Analysis experience
• Skills:
  • End user experience in Access database
  • Intermediate Proficiency in MS Excel, Access and SAS
  • Effective communication skills
  • Attention to detail and quick learning abilities
  • Collaborates with peers to complete projects

Preferred Qualifications

• Health care experience
• Exposure to PeopleSoft, Oracle, Blackline, Month end close knowledge

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 barriers to good health which are disproportionately experienced by people of color and historically marginalized groups. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes.

Job Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Sales and Business Development
• Industries: Hospitals and Health Care