UnitedHealth Group - Deputy Manager - Financial Planning & Analysis

Discipline - Finance

Industry - Financial Planning & Analysis

Job Description - Our finance professionals at UnitedHealth Group are engaged in the important work of making health care more affordable, simpler and easier for people to access. Now, more than ever we need finance and accounting professionals like you with the financial skills and discipline to help us achieve this goal. As a Senior Financial Analyst you'll impact millions of lives. You will collaborate 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. Your performance and innovation will find a reception here like nowhere else. You'll find that this is place where you can do your life's best work.

Primary Responsibilities :

- Develop, perform, and manage the analyses of business and financial metrics as well as performance measures

- Develop and maintain financial reports to clearly communicate actual results, forecasted performance, and variances to plan,forecast and budget

- Understand and incorporate industry specific metrics into reports to highlight relevant trends and support fact-based business decisions

- Develop, perform and manage all aspects of financial planning, budgeting and forecasting

- Work closely with the business to develop, recommend and establish strategies, plans and processes to improve profitability and cost efficiencies

- Produce clear, well-formatted reports that communicate a clear, compelling message for their stakeholders Senior Financial Analyst

Grade 26

Purpose of Job :

- To support the submission of timely, accurate, and complete financial regulatory reports, associated audits, and responses to regulatory inquires, and internal and external ad-hoc requests.

The individual will :

- Be responsible for supporting the completion and submission of all regulatory financial reports for the select markets.)

- Coordinate the completion of regulatory audits of these financial regulatory reports, working with the appropriate internal health plan personnel, business unit financial and operational staffs;

- Be responsible for fielding regulatory desk review inquires and any supplemental ad-hoc requests

- Analyze, design, develop and implement data and process models related to new program, product and area expansion requirements.

Qualifications :

- Bachelor in Accounting or equivalent

- Minimum of 5-7 years experience in financial accounting

- Strong working knowledge of Generally Accepted Accounting Principles (GAAP); Statutory Accounting Principles (SAP) preferred

- Strong analytical and project management skills. Previous experience in preparing financial schedules for regulatory agencies preferred

- Excellent oral and written communication skills

- Ability to perform effectively in matrix relationships

- Ability to understand and influence the necessary and appropriate actions to ensure completion and filing of all required reports by mandated deadlines

- Expertise in financial analysis/ability to think outside the box

- Strong interpersonal skills, ability to work with all levels of management across all functional areas and local, regional, and corporate entities

- Change agent capability, working with management to identify value-added opportunities and develop creative approaches to problem solving related to financial regulatory reporting

Preferred :

- Bachelor in Accounting, or Chartered Accountant or MBA (Finance) or equivalent

- Demonstrate technical and financial understanding of facility, physician and other provider claim submissions and contracts, claim system operations, and the resulting manipulation of data into financial and IBNR reporting information used for financial regulatory reporting.

Responsibilities :

- Support the accurate completion of all required financial reports within mandated deadlines

- Support that regulatory financial reports are compliant with regulatory requirements

- Review applicable state communications and stay current on multiple state financial reporting requirements;- Assist in the preparation of written responses to routine inquiries and questions received from state regulatory agencies related to the financial regulatory reports

- Regularly update the management as reporting requirements change

- Support a wide range of state reporting efforts

- Review and interpret financial statements

- Validate source data received from multiple sources (i.e. claim processing systems, data warehouses, Excel models, GL, etc.)

- Cross check and final data validation of tables of the required fillings

- Participate in the process improvement and automation initiatives designed to reduce number of man hours involved in the filing process and increase accuracy of reported data

- Work extensively with IT, Actuarial, Medical Economics, and Accounting departments especially during times of business and technology changes. Understand the implications of, for example, transition to new claim processing system and be able to operationalize the change in the least disruptive way.

Competencies Required :

- Proficiency in MS Excel word

- End user experience in usage of MS Access

- Excellent organizational and follow up skills

- Attention to detail.

Competencies preferred :

- Knowledge of SQL, SAS, VB, Essbase, PeopleSoft

- Shift : 2.30 PM to 12.00 AM (India Time); US shift (6 PM to 3 AM - India time) during close for 2 weeks in a quarter

- Should be flexible for long hours in case of urgency

No. of Openings : 1

Qualification - Requirements :

- Bachelors degree in Accounting, Finance or equivalent work experience

- 4+ years of financial and/or accounting experience

- Proficient in MS Excel and other MS Office products

Desired : MBA or CPA Hyperion Essbase, Planning and People Soft Financials

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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.

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