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Senior Financial and Accounting Analyst

Company: UnitedHealth Group
Location: Minnetonka
Posted on: January 17, 2022

Job Description:

UnitedHealthcare is a company that's on the rise. We're expanding in multiple directions, across borders and, most of all, in the way we think. Here, innovation isn't about another gadget, it's about transforming the health care industry. Ready to make a difference? Make yourself at home with us and start doing your life's best work.(sm) The Senior Financial & Accounting Analyst role within Community & State will be responsible for the revenue reporting, analysis, reconciliation and general accounting activities for multiple health plan exchange markets. Responsibilities will also include membership, revenue, and cash reconciliations, mid-month and month end revenue and membership projections, support for monthly financial closings, financial analyses and reporting.You'll enjoy the flexibility to telecommute* from anywhere within the U.S. as you take on some tough challenges.Primary Responsibilities: -

  • Own primary oversight of one or more state Medicaid health plan core financial statements, including Balance Sheet and Income Statement
  • Own primary responsibility for the accuracy and completeness of health plan financial statements
  • Maintain general ledger accounts and related activities for the production of health plan financial statements and reports
  • Reconcile, analyze and review general ledger accounts in preparation for month end close cycles
  • Prepare journal entries and review accounting classifications, in accordance with generally - accepted accounting principles
  • Assist with or lead the month - end and quarter - end close process for assigned health plan(s)
  • Perform both routine and ad hoc reporting and analysis for assigned health plan results, taking lead on the investigation, resolution, and interpretation of issues to management
  • Own primary responsibility for the fulfillment of audit (internal and external) requests, as needed
  • Support the organization's sound internal control structure around U.S. GAAP, Sarbanes - Oxley and Model Audit Rule compliance (as applicable)
  • Liaise with core business partners within the organization for assigned health plans, including but not limited to Regulatory Reporting, Health Plan Finance, FP&A, Actuarial, Legal, Compliance
  • Collaborate with management with the identification and documentation of financial risks and opportunities impacting assigned health plan(s)
  • Work toward being subject matter experts on various Medicaid contract provisions for assigned health plan(s), including risk share arrangements and performance guarantees, where applicable
  • Adapt to and manage through financial impacts of the Affordable Care Act (health care reform) to assigned health plan(s)
  • Collaborate with management to adapt to and manage through contract amendments / renewals and the resulting accounting impacts
  • Perform work in a both team - oriented and self - directed work environments and demonstrate ability to work with less structured, more complex issues
  • Serve as a resource to others within the Controllership, including Optum Global Solutions (OGS) staff based in India
  • Collaborate with team members on special projects, as neededYou'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.Required Qualifications:
    • Bachelor's Degree in Accounting and / or relevant accounting experience
    • 3+ years of professional accounting experience
    • Solid understanding and practical application of U.S. GAAP
    • Intermediate proficiency utilizing Microsoft Office Suite applications (Excel, Word, PowerPoint, Visio)
    • Past experience working with general ledger / sub-ledger accounting applications
    • If you need to enter a work site for any reason, you will be required to screen for symptoms using the ProtectWell mobile app, Interactive Voice Response (i.e., entering your symptoms via phone system) or similar UnitedHealth Group-approved symptom screener. When in a UnitedHealth Group building, employees are required to wear a mask in common areas. In addition, employees must comply with any state and local masking ordersPreferred Qualifications:
      • Previous public accounting experience and / or CPA designation
      • Previous Medicaid and/or health care industry experience
      • Ability to demonstrate solid planning and organizational skills, along with a high degree of detail orientation
      • Ability to establish and maintain good working relationships with customers and colleagues, both internal and external
      • Ability to work in both team and self-directed work environments
      • Ability to demonstrate good communication skills, both verbal and written
      • Ability to assess and interpret customer needs and requirements
      • Ability to solve moderately complex problems and / or conduct moderately complex analyses
      • Ability to identify viable solutions to non-standard requests and problems
      • Ability to effectively prioritize and juggle multiple concurrent projectsTo protect the health and safety of our workforce, patients and communities we serve, UnitedHealth Group and its affiliate companies now require all employees to disclose COVID-19 vaccination status prior to beginning employment. In addition, some roles require full COVID-19 vaccination as an essential job function. UnitedHealth Group adheres to all federal, state and local COVID-19 vaccination regulations as well as all client COVID-19 vaccination requirements and will obtain the necessary information from candidates prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment. -Careers with UnitedHealthcare. Let's talk about opportunity. Start with a Fortune 5 organization that's serving more than 85 million people already and building the industry's singular reputation for bold ideas and impeccable execution. Now, add your energy, your passion for excellence, your near-obsession with driving change for the better. Get the picture? UnitedHealthcare is serving employers and individuals, states and communities, military families and veterans where ever they're found across the globe. We bring them the resources of an industry leader and a commitment to improve their lives that's second to none. This is no small opportunity. It's where you can do your life's best work.(sm)*All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter Policy. Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado residents is $64,800 to $116,000. The salary range for Connecticut/Nevada residents is $71,400 to $127,400. - Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.For more information on our Internal Job Posting Policy, -.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: Senior Financial and Accounting Analyst, Generally Accepted Accounting Principles, GAAP, Financial Statements, Financial Reporting, Month End Close, Excel, Visual Basic, Accounting, Closing of the Books, SOX, Accounting Consultant, Accounting, Accounting Analyst, Financial Analyst, SQL, Ledger, CPA, Medicaid, Healthcare, Health Care, Minnetonka, MN, Minnesota, Work At Home, Remote, Work From Home, Telecommute, Telecommuter, Telecommuting, UHG, UnitedHealth Group, UHC, UnitedHealthcare

Keywords: UnitedHealth Group, Minnetonka , Senior Financial and Accounting Analyst, Professions , Minnetonka, Minnesota

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