If you want to achieve more in your mission of health care, you have to be really smart about the business of health care. Financial discipline and accountability count more today than ever. Which is why your performance and innovation will find a reception here like nowhere else as you help people live healthier lives while doing your life's best work.(sm) A successful candidate will participate in the on-going creation and maintenance of general ledger accounts 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. Additionally, the candidate will work with business partners across Optum360 to mitigate risk to the accurate completion of financial statements and reports. Primary Responsibilities: Analyze and Interpret Contracts for Appropriate Revenue Recognition Demonstrate ability to interpret contractual language pertaining to complex billing and revenue recognition models Exhibit an understanding of revenue recognition in a variety of environments including revenue deferral in multi-year contracts across multiple lines of business Actively participate in cross-functional efforts to improve transaction/data reporting which supports the billing, revenue recognition and royalty reporting processesRecord and Analyze Financial Transactions Demonstrate an understanding of GAAP, accounting rules and internal accounting procedures while ensuring compliance with internal controls and policies Exhibit ability to identify and document unusual transactions and escalate as appropriate Prepare accurate calculations and schedules to support monthly and/or quarterly GL entries and balances Create, document, and review journal entries Maintain, analyze and reconcile assigned general ledger accounts and related activities; perform monthly account reconciliations in accordance with Company policyDemonstrate understanding of data dimensions, elements, structures and related business rules (e.g. GL string components) Demonstrate analytical and problem solving skills as they relate to applicable area of responsibility, including the performance of month-end and quarterly analytics Exhibit understanding of intercompany relationships and organizational structures (e.g. segments, legal entities) needed to record inter/intra-company transactions and allocations Apply knowledge of internal controls requirements in the development of process improvementsPrepare and Analyze Financial Statements and Reports Perform ad hoc reporting and analysis and investigate issues providing explanations and interpretation Demonstrate understanding of how changes in process could impact financial reporting and how associated risk would be affectedSeek opportunities to educate business partners on accounting policies and processesPrepare documentation in support of external and internal auditsCompetencies Perform work in a self-directed manner and work with less structured, more complex issues Demonstrate strong oral and written communication skills Develop innovative approaches Strong analytical and organizational skills, able to solve moderately complex problems and/or conduct moderately complex analyses Able to assess and interpret customer needs and requirements
Required Qualifications:Bachelor's Degree in Accounting, Finance or equivalent work experience 2+ years of professional accounting experience Solid understanding of generally accepted accounting principles and financial statements Intermediate level of proficiency with MS Excel (pivot tables and excel functions)Preferred Qualifications:Experience in operations accounting and/or internal controls compliance Experience in revenue recognition and deferred revenue reconciliation Intermediate level proficiency with MS Access and / or VBA coding Experience with integrated ERP systems such as PeopleSoft Software industry revenue recognition 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 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. Job Keywords: Accounting, Eden Prairie, MN, Minnesota
Our mission is to help people live healthier lives and to help make the health system work better for everyone.- We seek to enhance the performance of the health system and improve the overall health and well-being of the people we serve and their communities. - We work with health care professionals and other key partners to expand access to quality health care so people get the care they need... at an affordable price. - We support the physician/patient relationship and empower people with the information, guidance and tools they need to make personal health choices and decisions.