Job Information
UnitedHealth Group Manager - Accounts Payable in Hyderabad, India
Requisition number: 2356632
Job category: Finance
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 Accounts Payable Manager is responsible for overseeing and managing the ChangeHealthCare accounts payable front end-the receipt, processing of invoices and posting to the appropriate ERP. The Accounts Payable Manager will lead a team and collaborate with other departments, such as procurement, accounting, and finance, to streamline processes and ensure compliance with financial policies and regulations.
Primary Responsibilities:
Accounts Payable Operations:
Ensure timely and accurate processing of invoices from invoice receipt through posting to a CHC ERP
Ensure team is promptly and accurately responding to internal customer and vendor inquiries
Manage daily and monthly metric reporting, enhance to provide visibility into team's workload and quality of service as well as identify service level gaps and retraining required
Promptly resolve invoice handling delays with coders and invoice approvers
Manage quality of documentation handled by AP team, including invoice support document attachments to facilitate efficient processing for coders and approvers
Provide reports and data as requested by leadership
Vendor Management:
Manage the vendor master data maintenance to ensure prompt updates, effective resolution with UHG where applicable and enable efficient invoice processing
Manage the reconciliation of vendor statements to ensure completeness of invoice inventory; resolve discrepancies
Team Leadership and Development
Lead, mentor, and develop the accounts payable team, providing training and performance evaluations
Assign tasks, set goals, and monitor the performance of accounts payable staff to ensure smooth operations
Collaborate with process owners to implement process improvements and provide guidance on best practices
Ensure a collaborative working environment between the accounts payable team and other departments
Process Improvement and Automation:
Identify process improvements to streamline accounts payable workflows and increase efficiency under direction of AP Leadership
Execute process improvement plans as planned, escalate issues impeding successful implementation as needed
Collaborate with IT and other impacted areas to implement and maintain accounting systems and software
Optimize the use of accounts payable automation tools and technology to reduce manual tasks and errors
Develop and maintain standard operating procedures (SOPs) for accounts payable processes
Compliance and Internal Controls:
Ensure compliance with internal policies, external regulations, and industry best practices for accounts payable
Manage proper approval workflows for invoices, purchase orders
Oversee internal controls and compliance, conducting audits and reviews of accounts payable transactions
Ensure adherence to tax regulations, such as sales tax and VAT, as applicable
Prepare reports for internal and external audits, providing support as needed
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:
Educational Requirements:
Bachelor's degree in accounting, finance, or a related field
CMA, CPA, or equivalent certification is a plus
Experience:
8+ years of experience in accounts payable relevant experience, preferably with US and Canadian vendors
5+ years management
Experience with accounting software and ERP systems with preference for prior experience in Oracle, SAP and PeopleSoft., such as SAP, Oracle, or PeopleSoft
Technical Skills:
Subject matter expertise in accounts payable procedures and requirements, preferable with Canadian and US vendors, effective customer service and accounting principles
Proficiency in MS Office, especially Excel (pivot tables, VLOOKUPs, etc.)
Knowledge of accounts payable automation tools and ERP systems (SAP and PeopleSoft)
Leadership and Communication Skills:
Proven solid leadership and team management abilities
Proven excellent written and verbal communication skills
Proven ability to collaborate across departments and with external vendors
Proven solid problem-solving and decision-making skills
Personal Attributes:
Proven solid organizational and multitasking skills
Proven ability to delegate and manage multiple and evolving priorities
Proven to be detail-oriented with a high level of accuracy
Proven ability to prioritize tasks and meet deadlines in a fast-paced environment
Proven high level of integrity and professionalism in dealing with confidential information
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.
#NJP