Accountant - R2R at Universal Health Group

Hyderabad, Telangana, India -

Full Time

Start Date

Immediate

Expiry Date

10 Sep, 26

Salary

0.0

Posted On

12 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Account Reconciliation, Month End Close, General Ledger, Journal Entries, Balance Sheet Reconciliation, Financial Analysis, PeopleSoft, Essbase, MS Excel, Internal Controls, Audit Support, AP Accruals

Industry

Hospitals and Health Care

Description

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. This position requires the candidate to have strong accounting concepts and knowledge in month end close and Balance Sheet Reconciliations. Understand the blackline Criteria & Templates and reconcile General Ledger balances with valid supporting documentation. Identify any discrepancies, provide corrective action plan to resolve open items. This apart, He/She need to support Business Segments during month/quarter close activities, preparing and posting journal entries, extracting reports for analysis etc. Has Basic Knowledge of theories, practices and procedures in a function. Perform structured work and respond to adhoc and standard requests. Uses existing procedures and facts to solve routine problems or do analysis. Primary Responsibilities: Preparing AP Accruals , Prepaid, Allocations, Reclass entries and posting Journal Entries as part of month close Independently Preparing Monthly and Quarterly account reconciliations of Balance sheet accounts Monitor and resolve open items in account reconciliations Analyze and provide commentary P&L & Balance sheet accounts with minimal guidance Provide information and Handle Audit Queries with minimal guidance Take Accountability for Month\Quarter \ Year end close Implement and maintain internal controls and procedure Ability to connect to with SME onsite and do remote knowledge transfer Independently As part of process initiative he/she should support and provide required information and work basis directions from Supervisor / Project Lead Depends on others for instruction, guidance or direction 100%25 cross training 100%25 documentation by activity 100%25 Adherence to Time Lines 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: Bachelors degree / Masters degree in Commerce 6+ years of total experience with 5+ yrs experience in handling account reconciliations in BPO Experience working with strict deadlines (i.e. month-end close process) and proven ability to be successful in a fast paced environment Knowledge on account reconciliations ( Suspense accounts, Control accounts, reserve accounts, Receivables, other liabilities, Payables, etc.) Solid accounting knowledge understanding of GL, Sub ledger, Source document Working knowledge of software tools ( Ex: PeopleSoft, Essbase, Excel, Legacy tools) Working knowledge on MS Excel Proven analytical skills and an inquisitive mind, strong communication & Presentation skills and documentation ability, detail oriented, self-motivated and ability to proactively work toward a goal without significant structure or rules Preferred Qualifications: Healthcare experience Transition Experience Understanding of US Healthcare system 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.

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Responsibilities

Responsible for managing month-end close activities, including preparing journal entries and performing balance sheet reconciliations. The role involves monitoring open items, providing P&L commentary, and handling audit queries.