OPTUM OFF CAMPUS RECRUITMENT 2023 : APPLY NOW !
Optum is seeking highly skilled and motivated individuals to join our finance department as Accountants and Senior Accountant Receivable Clerks. In this role, you will be responsible for managing and maintaining accurate financial records, ensuring timely and accurate billing, and monitoring accounts receivable activities.
JOB DETAILS
- Company - Optum
- Role - Accountant / Senior Accountant Receivable Clerk
- Qualification - Commerce Graduate / Bcom / Mcom
- Work Experience - 0-2 Years
- Location - Hyderabad / Gurgaon
About Optum Company
Optum, Inc. is an American healthcare services provider with business interests encompassing technology and related services, pharmacy care services (including a pharmacy benefit manager) and various direct healthcare services. It has been a subsidiary of UnitedHealth Group since 2011. UHG formed Optum by merging its existing pharmacy and care delivery services into the single Optum brand, comprising three main businesses: OptumHealth, OptumInsight and OptumRx. In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits and as of 2019, Optum's revenues have surpassed $100 billion. Also in early 2019, Optum gained significant media attention regarding a trade secrets lawsuit that the company filed against former executive David William Smith, after Smith left Optum to join Haven, the joint healthcare venture of Amazon, JPMorgan Chase, and Berkshire Hathaway. On January 15, 2019, Optum said that the revenue of the company had surpassed $100 billion for the first time, growing by 11.1% year over year to $101.3 billion. This also means that Optum will contribute more than 50% of UnitedHealth's 2020 earnings,making Optum UnitedHealth's fastest-growing unit.
Your Job Responsibilites as Accountant
- Maintain general ledger accounts and related activities for the production of financial statements and reports,
- Reconcile, analyze and review general ledger accounts in preparation for month end close
- Analyze and prepare financial statements, including balance sheets and statements of financial position
- Assist with or lead the month end quarterly end close process for assigned businesses or groups
- In this role, you’ll need to use all your education and experience as you work with an elite team of accounting and finance professionals who are writing the history of our organization and guiding our success as a global industry leader.
Skills Required For Accountant Job
- Currently in final year of obtaining an Undergraduate degree in Business, Accounting, Finance or related field from an accredited college/university (other degrees are considered when accompanied by aptitude or interest in Accounting)
- Minimum 3.00 cumulative GPA
- Intermediate experience with Microsoft Excel as well as proficiency in other Office applications
- Must be eligible to work in the U.S., without company sponsorship, now or in the future, for employment-based work authorization (F-1 students with practical training and candidates requiring H-1Bs, TNs, etc. will not be considered)
- At UnitedHealth Group, we’re transforming something as important as health care with the best people in the industry and we’re doing it on a global scale.
Your Job Responsibilites As Senior Accountant Receivable Clerk
- Apply Cash – apply incoming cash receipts and wire payment to appropriate clients
- Reconcile Cash – Balance cash received (bank deposits and/or treasury website) against cash applied (Accounting Tools)Cash Reporting – Maintain aggregate listing of cash applied
- Pull reports and export into an Excel spreadsheet, utilizing pivot tables for these reports
- Perform Accounts Receivable Reporting (large client A/R listing and account management reporting)
- Seek assistance from onshore billing partners to resolve billing issuesMaintain Database to track rebate cash receipts and applications to invoices
- Review cash and applies payments and adjustments to open invoicesAccounting/comparison in ERP to record both billing and payments
- Manual Cash and adjustment entries are manually entered into the Oracle A/R module and transferred to GL moduleMaintain billing system that generates rebate invoices to pharma’s and allocates payments to clients
- Mirrors the cash and adjustments applied in CaRD to OraclePerform comparison of CaRD and Oracle as there can be updates in CaRDPP.
- Payments and adjustments are recorded on the monthly Oracle aging reports
- The “coded” aging report allows us to compare to CaRD and apply majority of payments to Oracle
- Work currently performed on first week of each month with exclusion of WD1
Required Skills And Qualification For Senior Accountant Receivable Clerk
- Commerce degree (B.com/M.com), Accounting, Finance, or related field preferred
- Experience in business, involving cash application, customer AR reconciliations, customer billing or other applicable write off experience
- Intermediate (or higher) level of Microsoft Excel proficiency, including creating pivot tables for reporting purposes and completing V-lookups
Preferred Qualifications Required For Senior Accountant Receivable Clerk Job
- Oracle Financial experience
- Project Management experience
- Accounting background
- Proven opportunity for a go-getter who is looking to grow within the organization
