- Manage day to day RCM A/R and cash application process striving for operational excellence.
- Aid in continually improving our cash flow/DSO through effective accounts receivable and collections
- Ensure overall RCM A/R and Cash App processes are operating effectively and continually improving our financial and operating controls
- Accountable for managing RCM financial activities and supporting GL team to ensure accurate and timely financial reporting
- Collaborate with Optum Rx operational areas working strategically to aid in achieving business and financial goals
- Improve staff productivity and help drive performance for the RCM business while leading a diverse and capable team of accountants
- Assist with creation and maintaining key metrics dashboards that will drive action and positive outcomes.
- Develop, implement, and maintain processes and procedures for accurate and timely analysis of financial data, ensuring best practices
- Develop and maintain internal control structure and procedures for financial reporting
- Resolve high level financial reporting issues
- Manage the audit process and work with outside auditors regarding accounting and reporting issues
- Review the work of others, serve as a mentor/leader, and sought out as an expert on complex or critical issues
- Develop innovative approaches for continued improvement in efficiency and effectiveness
- Performs work in a self-directed manner and works with less structured, more complex issues
- Support various special projects as required
- Bachelor's degree in Accounting
- 5+ years of Accounting experience
- Intermediate level of proficiency with Microsoft Excel (pivot tables, v-lookups, etc.)
- Must reside in the state of Minnesota
- 3+ Year of supervisory experience
- RCM experience
- CPA or prior public accounting experience
- Healthcare accounting experience
- Experience in large matrix organizations
- Experience with Oracle, Noetix, ServiceNow, Power BI
- Experience successfully managing multiple requests, assessing priorities, and achieving solutions under deadlines
- Ability to think strategically and execute methodically
- Advanced analytical and information gathering skills; ability to evaluate and prioritize extensive detailed data while seeing big picture
- Solid written and verbal communication and interpersonal skills
- Motivated self-starter with exceptional time management and organization skills
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Accounting Manager - Eden Prairie, United States - UnitedHealth Group
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 diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
This Accounts Receivable (A/R) Manager role will help manage the day to day Revenue Cycle Management (RCM) A/R and cash application operations. This position will help ensure RCM processes are operating accurately/effectively and aid in continually improving our A/R, cash applications and operating controls. The role will collaborate with other Optum Rx operational areas working strategically to aid in achieving business and financial goals. Accountable for managing RCM A/R activities and supporting GL team to ensure accurate and timely financial reporting. Position will directly supervise the A/R team and indirectly Cash App team.
Responsible for ensuring client accounts stay up to date. Interact with client management teams to ensure past due balance are collected, Responsible for managing and improving write off process. Work to improve key metrics like DSO. Provides input to policies, systems, methods, and procedures for the effective management and control of the A/R function. Educates client management regarding the availability of receiving invoices and remitting payments through online applications.
If you are located in Minnesota, you will have the flexibility to Work from home and the office in this hybrid role* as you take on some tough challenges.
Primary Responsibilities:
Required Qualifications:
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.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employers 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.
