Optum Hiring for Associate Accountant – Hyderabad, TG Job at Hyderābād Full Time

Combine two of the fastest-growing fields on the planet with a culture of performance, collaboration and opportunity and this is what you get. Leading edge technology in an industry that’s improving the lives of millions. Here, innovation isn’t about another gadget, it’s about making health care data available wherever and whenever people need it, safely and reliably. There’s no room for error. Join us and start doing your life’s best work.(sm)

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 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 or Masters in Accounting or equivalent courses
• 4 – 6 years of General Accounting & Analysis experience
• End user experience in Access database
• Intermediate Proficiency in MS Excel, Access and MS Word
• Effective communication skills
• Eye for detail & quick learning abilities
• Ability to collaborate with peers to complete projects

Preferred Qualifications:

• Health care experience
• Exposure to PeopleSoft, Oracle, Black line, 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 non-month close
• Candidate should be flexible to work in US shift during peak periods

Careers with Optum. Here’s the idea. We built an entire organization around one giant objective; make health care work better for everyone. So when it comes to how we use the world’s large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life’s best work.(sm)