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Assistant Manager - Record To Report

5-10 years

Hyderabad / Secunderabad

Assistant Manager - Record To Report

Optum

posted 9d ago

Job Role Insights

Flexible timing

Job Description

Positions in this function maintain general ledger accounts and related activities for intersegment transaction the production of Intersegment subledger reports and analysis. Performs account reconciliation and analyses, prepares journal entries and reviews accounting classifications, in accordance with generally-accepted accounting principles. Gather and analyze information used to generate journal entries and reporting. Involved in the monthly/quarterly/annual 'close' process. Prepares documentation in support of external and internal audits.

Primary Responsibilities:

  • Prepare month-end close journal entries and Intersegment journals in accordance with Internal service agreements
  • Perform ad hoc reporting and analysis and investigate issues and providing explanations
  • Assist with month end and quarterly end close processes for assigned businesses or entities
  • Prepare documentation in support of external and internal audits and regulatory reporting requirements
  • Analyzes and investigates financial information
  • Provides explanations and interpretations within area of expertise
  • Review & analyze the Intersegment Service Agreement (ISA) & raise the questions in case of any discrepancy
  • Compare the Rate upload Templates prepared with the Various input files
  • Approve & map the Rate records in the Intersegment Intercompany Pricing & Accounting System (IIPAS PS) as per the ISA
  • Maintain the IIPAS PS tables & update with the accurate data
  • 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:

  • Bachelor's Degree in Accounting or MBA finance
  • 5+ years of professional accounting experience
  • Basic knowledge of SAS required to perform the Controls
  • Solid analytics skill and variance analysis to find out the difference between ISA & IIPAS PS
  • Good in communication & MS excel to handle large amount of data
  • Good accounting, analytical and some experience in Intercompany accounting
  • Advanced proficiency in MS Excel
  • Intermediate proficiency in MS Word, Access, PowerPoint and Outlook

Preferred Qualifications:

  • Insurance industry experience
  • Accounting and Finance systems experience - PeopleSoft, SmartView / Essbase
  • Ability to communicate in an effective manner both verbally and written
  • Good documentation skills - account recs, Policies & Procedures, etc.
  • Ability to collaborate with peers to complete work, problem solve and complete assigned projects
  • Demonstrates the drive and motivation to deliver high quality results based on thorough analysis
  • Proven sound business knowledge and solid decision making skills
  • Ability to adapt to change and is driven to improve processes
  • Solid technical accounting skills
  • Proven self-motivated to follow up on issues and pays attention to details

Employment Type: Full Time, Permanent

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What people at Optum are saying

What Optum employees are saying about work life

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Flexible timing
Monday to Friday
No travel
Night Shift
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Optum Benefits

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Health Insurance
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Cafeteria
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Work From Home
Free Transport
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Gymnasium +6 more
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