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 inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

Positions in this function prepare  and  maintain records of Accounts Receivable, including receipts, cash apps, dispute management and overdue Applies all incoming cash receipts and wire payments to the appropriate general ledger accounts. Computes interest charges, processes refunds and related items. Performs periodic and month-end balancing and reporting activities

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
• Manually apply cash receipts/credit memos/adjustments/write-offs (less than 10% of this role)
• Perform Accounts Receivable Reporting (large client A/R listing and account management reporting)
• Seek assistance from onshore billing partners to resolve billing issues
• Manual Cash and adjustment entries are manually entered into the Oracle A/R module and transferred to GL module
• Cash Reporting - Maintain aggregate listing of cash applied and reconcile with daily upload report
• Apply Cash - apply incoming cash receipts through lockbox, ACH Cr., ACH Dr. and wire payment to appropriate clients
• Reconcile Cash - Balance cash received (bank deposits and/or treasury website) against cash applied (Accounting Tools)
• Dispute management - Resolving accounting disputes raised by members on their accounts and provide proper resolution
• Working on bad debts, reversals, write offs, Credit/Debit memos, credit reviews & Refunds
• 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 regard 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:

• Graduates/Degree Holders in commerce
• 3+ years of experience in AR/OTC domain
• Proven excellent Written and verbal communication skills
• Understanding of MS Office & good typing skills
• Proven attention to detail & Quality focused
• Proven good Analytical & comprehension skills
• Open work in evening shifts -: 15:30 to 01:00 (late night shift 17:45 to 03:30 during closing period)

Core Competencies: 

• Attention to detail, analytically minded
• Self-driven and team player
• Focus on Customers
• Good Interpersonal skills
• Knowledge about the basic accounting concepts, especially Golden Rules of Accounting
• Knowledge of AR process
• Should know the AR cycle
• Understanding of MS Office & good typing skills

Preferred Qualifications:

• Oracle Financial experience
• Opportunity for a go-getter who is looking to grow within the organization

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.

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