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) The employee in this position will perform duties for rebate accounting and financial reporting within the Accounting department of OptumRx, the pharmacy benefit management division of United HealthGroup. (Rebates from the pharmaceutical industry comprise a substantial portion of the segment's multi-billion dollar annual revenue.)Primary Responsibilities:Perform duties for rebate accounting and financial reportingPrepare complex journal entries, including intercompany entries and elimination entries in Oracle and PeopleSoft Analyze and report on multi-billion dollar A / R aging. Forecast cash receipts and DSOPerform maintenance on A / R subledger. Download billing and cash application to general ledger Extract, unify, consolidate, and map data obtained from various systems and sources Perform difficult and complex account reconciliations and load into the Blackline systemPerform account fluctuation analysis and provide business drivers to ManagementSupport internal audits, external audits, and SOX audits Develop innovative approaches for improvement in efficiency and effectiveness Document business requirements for systems upgrades and test in development before launch into production Perform ad hoc reporting and analysis and investigate issues providing explanations and interpretation Analyze contracts and document terms for upload into ERP system Collaborate with other departments and divisions, including Forecasting, Pricing, Industry Relations, Client Management, and Regulatory Reporting
Required Qualifications:Bachelor degree with concentration in Accounting or similar Able to work and contribute in a team environment. Willing to lead others by example Extremely accurate and productive Strong sense of urgency while maintaining a calm demeanor; ability to shift priorities quickly Demonstrated attention to detail and ability to take initiative Solves moderately complex problems and/or conducts moderately complex analyses Exceptional technical, analytical, and organizational skills 2+ years of Accounting experience Solid understanding of generally accepted accounting principles and financial statements Intermediate level of proficiency with Microsoft Excel and general ledger systems Experience working with databases to load data, run queries, and perform reporting Experience with accounts receivable systems and cash applicationsAssesses and interprets customer needs and requirementsPreferred Qualifications:CPA or MBA Public accounting experience Pharmaceutical, healthcare, or insurance experience Accounting experience handling regulated entities Intermediate level of proficiency with Microsoft Access or SQLCareers with OptumRx. We're one of the largest and most innovative pharmacy benefits managers in the US, serving more than 12 million people nationwide. Here you'll fill far more than prescriptions. As a member of one of our pharmacy teams, you're empowered to be your best and do whatever it takes to help each customer. You'll find unrivaled support and training as well as a wealth of growth and development opportunities driven by your performance and limited only by your imagination. Join us. There's no better place to help people live healthier lives while doing your life's best work.(sm)Through our family of businesses and a lot of inspired individuals, we're building a high-performance health care system that works better for more people in more ways than ever. Now we're looking to reinforce our team with people who are decisive, brilliant - and built for speed. For more information on our Internal Job Posting Policy, click here. 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.
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 t...hey 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.