Associate Accountant

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.

UHC Intersegment Accounting
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 empowered 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.

Positions in this function maintain general ledger accounts and related activities for intersegment transaction the production of Intersegment subledger reports and analysis. 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

• 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.
• Provides explanations and interpretations within area of expertise.
• Review & analyze the Intersegment Service Agreement (ISA) & raise the questions in case of any discrepancy.
• Compare the Rate upload Templates prepared with the Various input files.
• Approve & map the Rate records in the Intersegment Intercompany Pricing & Accounting System (IIPAS PS) as per the ISA
• 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 regard 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.
• 3+ years of professional accounting experience
• Good accounting, analytical and some experience in Intercompany accounting is required.
• Intermediate proficiency in MS Excel.
• Intermediate proficiency in MS Word, Access, PowerPoint and Outlook
• Basic knowledge of SAS required to perform the Controls.
• Basic understanding of accounting skills and variance analysis to find out the difference between ISA & IIPAS PS.
• Good in communication & MS excel to handle large amount of data

Preferred Qualifications

• Communicates in an effective manner both verbally and written
• Good documentation skills - account recs, Policies & Procedures, etc.
• Collaborates with peers to complete work, problem solve and complete assigned projects
• Demonstrates the drive and motivation to deliver high quality results based on thorough analysis
• Possesses sound business knowledge and solid decision making skills
• Adapts to change and is driven to improve processes
• Solid technical accounting skills
• Self-motivated to follow up on issues and pays attention to details
• Insurance industry experience a plus
• Accounting and Finance systems experience - PeopleSoft, SmartView / Essbase

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.