Job Description

Combine two of the fastest-growing fields on the planet with a culture of performance, collaboration and opportunity and this is what you get. Leading edge technology in an industry that's improving the lives of millions. Here, innovation isn't about another gadget, it's about making health care data available wherever and whenever people need it, safely and reliably. There's no room for error. Join us and start doing your life's best work.(sm) Employees in this position prepare and maintain records of Accounts Receivable, including receipts, claims and overdue Primary Responsibilities:

• 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 issues
• Maintain Database to track rebate cash receipts and applications to invoices
• Review cash and applies payments and adjustments to open invoices
• Accounting/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 module
• Maintain billing system that generates rebate invoices to pharma’s and allocates payments to clients
• Mirrors the cash and adjustments applied in CaRD to Oracle
• Perform comparison of CaRD and Oracle as there can be updates in CaRD
• 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
• Supervises work of junior team-members
• Builds and improves existing operational processes, documentation and presentation of processes
• Compile and provide Executive summaries on a regular basis
• 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

Core Competencies:

• Attention to detail, analytically minded
• Self-driven and team player
• Focus on Customers
• Good Interpersonal skills
• Fair understanding of revenue flow and cash flow
• Excellent communication and documentation skills
• Ability to manage direct reports, supervise and quality check work of others
• Clear and concise communication with high level management
• Ability to lead a team

Required Qualifications:

• Commerce degree (B.com/M.com), Accounting, Finance, or related field preferred
• 8+ years of experience in business, involving cash application, customer AR reconciliations, customer billing or other applicable write off experience
• Experience with leading a team
• Experience with communicating with management
• Previous direct reports
• Project Management experience
• Intermediate (or higher) level of Microsoft Excel proficiency, including creating pivot tables for reporting purposes and completing V-lookups
• Ability to manage direct reports and build a team
• Open for evening shifts -: 15:30 to 01:00 (late night shift 17:45 to 03:30 during closing period)

Preferred Qualifications:

• Oracle Financial experience
• Accounting background
• Project Management skills
• Opportunity for a go-getter who is looking to grow within the organization
  

Careers with Optum. Here's the idea. We built an entire organization around one giant objective; make health care work better for everyone. So when it comes to how we use the world's large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life's best work.(sm)