Senior Analyst - Accounts Payable

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.

The OGA-CPS Accounts Payable team prepares, reviews and maintains records of amounts owed and ensures prompt payment of invoices. This includes processing and verifying invoice coding of expenses, preparation of vouchers, and accounting approval of payments. The team reviews documents for accuracy and compliance with organization policy and regulatory guidelines including proper authorization, documentation, general ledger coding, correct amounts, and proper remittance. The team serves various business segments like UHG Corporate and CBRE Real estate Payments.

Primary Responsibilities:

• Invoice Processing
  • Invoice Processing - Expertise on end-to-end invoice process "Spend Management" tools like ERP Concur, Ariba & Peoplesoft etc., establishing remittance date, approving invoices & recording general ledger
  • Document validation - Review & analyze discrepancies in rejected Invoices & inquire for missing information with sourcing teams/vendors
  • Peoplesoft Payment Uploads - Generating payment batches to vendors on a routine schedule, ensuring corresponding backup for review & timely follow up completion for missing batches
  • Ageing - Prepare & consolidate aged Invoices, and complete analysis in collaboration with Onshore partner to reduce Invoice Ageing & Closure of Invoices
  • GL Coding - Processing Non-PO invoices through standard procedure and exceptional handling process following DOA and manually processing transaction entry in GL
• Payment Reconciliation
  • Prepare AP aging reports, payment summaries, and reconciliation statements. Ensure timely review, reconciliations with vendor invoices/statements and clearance in subsequent period for control accounts
  • Assist in month-end closing activities by ensuring all invoices are posted and payments are recorded
  • Calibration with onshore partners to resolve Invoicing issues & ensure timely processing
• Compliance & Controls
  • Ensure compliance with internal financial policies and external regulatory requirements
  • Support internal and external audits by providing necessary documentation and reconciliations
  • Monitor accounts for overdue balances and assist in resolving aged payables
• Process Improvement
  • Identify opportunities for automation and efficiency improvements in AP workflows
  • Collaborate with IT and finance teams to enhance ERP system functionality and reporting capabilities
• 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 Bcom, Finance, or related field
• 2+ years of experience in Accounts Payable, preferably with exposure to PeopleSoft, Ariba, and Concur
• Solid understanding of accounting principles and financial controls
• Proficiency in MS Excel and ERP systems
• Proven excellent communication and problem-solving skills

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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