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Regulatory Finance, Accounting and Reporting, Manager Accounting - Minnetonka, MN

Company: UnitedHealth Group
Location: Minnetonka
Posted on: November 15, 2019

Job Description:

UnitedHealthcare, part of the UnitedHealth Group family of companies, is comprised of three specialized businesses dedicated to meeting the health care benefits needs of individuals and groups; all part of something greater.Together, we're removing the barriers that keep people from receiving the kind of quality health care that makes a difference. We focus on Integrity, Compassion, Relationships, Innovation and Performance as we empower people to achieve better health and well-being.As an Accounting Manager within our Regulatory Finance Accounting & Reporting division, you will be responsible for managing the preparation and review of financial statements, including balance sheets, income statements, changes in capital and surplus, statements of cash flow, and supplemental financial exhibits pursuant to Statutory Accounting Principles (SAP), which is based on Generally Accepted Accounting Principles (GAAP). You will manage the quarterly and annual statutory filings, supplemental filings related to Health Care Reform, other state supplemental filings, and the annual audited financial statements for three to four regulated entities. You will review and approve journal entries in accordance with SAP and Medical Loss Ratio (MLR) requirements. In this position, the work volume peaks in the first quarter, followed by a more predictable schedule thereafter.Primary Responsibilities:

  • Coordinate the external and internal audits of the regulated entities, and oversee Department of Insurance inquiries and provide support during examinations. Audit coordinator responsibilities include approving audit documentation, issue resolution and time management
  • Review and approve certain account reconciliations and prepared analytics
  • Manage communications and board reports for regulated entity officers and directors
  • Plan, coordinate and manage the work of others. Monitor compliance with key controls and standard accounting and reporting practices and procedures
  • Lead ad-hoc projects and initiatives on working groups to develop and implement innovative approaches for continued improvement in efficiency and effectiveness
  • Develop and engage a large team of personnel with direct and indirect reporting relationships through mentoring and coachingThe ideal candidate will bring to the position strong upward communication, attention to detail, and the ability to organize and balance multiple work streams and individuals. This candidate will also be able to provide clear and concise direction to others, deliver accurate and quality results, implement consistent approaches and apply professional skepticism.Youll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.Required Qualifications:
    • Bachelor degree in Accounting or Finance
    • 4-6 years of accounting experience
    • Managerial / supervisory experience
    • Intermediate level of proficiency with Microsoft Excel, Microsoft Word and PowerPoint
    • Communicate in an effective manner
    • Demonstrate the ability to prioritize and organize work load to meet multiple hard deadlines
    • Anticipate customer needs and proactively develop solutions to meet themPreferred Qualifications:
      • Public accounting experience
      • Experience with Microsoft PowerPoint, Adobe Acrobat Professional, Outlook, Hyperion SmartView and PeopleSoft Financials
      • Health care experience
      • Accounting experience handling regulated entitiesCareers with UnitedHealthcare. Let's talk about opportunity. Start with a Fortune 6 organization that's serving more than 85 million people already and building the industry's singular reputation for bold ideas and impeccable execution. Now, add your energy, your passion for excellence, your near-obsession with driving change for the better. Get the picture? UnitedHealthcare is serving employers and individuals, states and communities, military families and veterans where ever they're found across the globe. We bring them the resources of an industry leader and a commitment to improve their lives that's second to none. This is no small opportunity. It's where you can do your life's best work.(sm)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.Job Keywords: Regulatory Accounting, Manager, Excel, GAAP, Healthcare, Health Care, Minnetonka, MN, Minnesota

Keywords: UnitedHealth Group, Minneapolis , Regulatory Finance, Accounting and Reporting, Manager Accounting - Minnetonka, MN, Executive , Minnetonka, Minnesota

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